Arbor Wealth Advisors LLC (Troy)

Arbor Wealth Advisors LLC is a large advisory firm based in Troy. It manages $328.14 million of regulatory assets for 232 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Florida, Michigan, and Texas.

Arbor Wealth Advisors provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Arbor Wealth Advisors: assets under management

The assets under management (AUM) of Arbor Wealth Advisors LLC is $328.14 million. The firm's AUM has grown by 54% since the beginning of its operation, and $2.97 million of the total AUM is attributable to clients outside of the United States.

The firm manages $326.26 million in discretionary accounts and $1.89 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.49 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $145.04 thousand.

Arbor Wealth Advisors has custody of $1.24 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 59% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 17% of the firm’s portfolio. Investments in state and local bonds form 17% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Arbor Wealth Advisors LLC for their services and products based on hourly charges and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Arbor Wealth Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Arbor Wealth Advisors is high net worth individuals with 60 clients and $325.18 million of assets under management. Among the 7 most similar advisory firms, Arbor Wealth Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $328.14 million for 65 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 2% of the firm’s clients are foreign persons or businesses.

Arbor Wealth Advisors doesn't advise any private funds.

Careers at Arbor Wealth Advisors LLC

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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 don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Aaron Ray Andreas	Managing member, principal and chief compliance officer	1 Oct 2013	75% - 100%	4369291

Based in Troy

The principal office where Arbor Wealth Advisors LLC performs its advisory services is located at 101 West Big Beaver Road, Troy, MI 48084, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 855-927-2679 or by fax 248-251-0174. The normal business hours are 9-5 on Monday - Friday.