Auour Investments LLC (Wenham)

Name: Auour Investments LLC
Address: 162 Main Street, Wenham, MA, 01984
Telephone: 978-338-4830

Auour Investments LLC is a large advisory firm based in Wenham. It manages $195.58 million of regulatory assets for 845 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of California, Florida, Massachusetts, and 5 other states.

Auour Investments provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Auour Investments: assets under management

The assets under management (AUM) of Auour Investments LLC is $195.58 million. The firm's AUM has grown by 158% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $135.05 million in discretionary accounts and $60.53 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $177.7 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $712.16 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 65% of the total AUM. The second-largest asset type is government bonds, which make up 15% of the firm’s portfolio. Investments in investment grade corporate bonds form 11% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Auour Investments LLC for their services and products based on a percentage of assets under management. 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.

What kind of clients Auour Investments serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Auour Investments is high net worth individuals with 58 clients and $136.59 million of assets under management. Among the 11 most similar advisory firms, Auour Investments has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $195.58 million for 243 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.

Auour Investments doesn't advise any private funds.

Careers at Auour Investments LLC

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There are 6 people 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
Joseph Byron Hosler	Managing member - cco	1 Mar 2013	25% - 50%	1290907
Robert Zlatko Kuftinec	Managing member	1 May 2013	25% - 50%	2299726
Kenneth James Doerr	Managing member	1 May 2014	Other	2505854

Based in Wenham

The principal office where Auour Investments LLC performs its advisory services is located at 162 Main Street, Wenham, MA 01984, 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 978-338-4830 or by fax 978-338-4835. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at auour.com.