Argentus Advisors, LLC is a large advisory firm based in Gig Harbor. It manages $143 million of regulatory assets for 654 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California, Florida, Nevada, and 4 other states.
Argentus Advisors provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and research. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Argentus Advisors, LLC is $143 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -54% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Argentus Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Argentus Advisors is individuals with 359 clients and $143 million of assets under management. Among the 9 most similar advisory firms, Argentus Advisors has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $143 million for 359 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Argentus Advisors doesn't advise any private funds.
The company employs 11 people that are either part- or full-time employees. 91 percent of the employees work as investment advisers or researchers. 10 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.
The principal office where Argentus Advisors, LLC performs its advisory services is located at 7191 Wagner Way, Nw, Gig Harbor, WA 98335, which is also the mailing address of the firm. An additional office of the firm is in Plantation, FL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 253-470-4977 or by fax 253-358-3832. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at argentuspartners.com.