Aveo Capital Partners, LLC (Greenwood Village)


Aveo Capital Partners, LLC is a large advisory firm based in Greenwood Village. It manages $660.01 million of regulatory assets for 2,679 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Arizona, California, Colorado, and 6 other states.

Aveo Capital Partners provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Aveo Capital Partners: assets under management

The assets under management (AUM) of Aveo Capital Partners, LLC is $660.01 million. The firm's AUM has grown by 485% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $615.35 million in discretionary accounts and $44.66 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $253.13 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $180.07 thousand.
Aveo Capital Partners has custody of $265.18 million in cash and securities for 630 clients 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 82% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 8% of the firm’s portfolio. Investments in exchange traded securities form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Aveo Capital Partners, LLC for their services and products based on a percentage of assets under management 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.

What kind of clients Aveo Capital Partners serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Aveo Capital Partners is high net worth individuals with 217 clients and $444.93 million of assets under management. Among the 9 most similar advisory firms, Aveo Capital Partners has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $660.01 million for 953 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.

Aveo Capital Partners doesn't advise any private funds.

Careers at Aveo Capital Partners, LLC

The company employs 17 people that are either part- or full-time employees. 82 percent of the employees work as investment advisers or researchers. 14 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 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
Llc Aveo Capital Holdings Member 1 Apr 2011 50% - 75% 27-4934604
Keys Ericson Tinney Manager 1 Apr 2011 Other 3031776
Llc Aca Holdings Member 1 Dec 2011 25% - 50% 45-4105474
Llc Ria Holdings Member 1 Sep 2012 Other 46-0776302
Stephen Todd Erwin Chief compliance officer 1 May 2013 Other 5028461
Andy John Armstrong Chief compliance officer 1 May 2018 Other 4448534

Indirect Owners

The SEC currently registers 5 indirect owners.

Name Entity Date acquired Ownership Employer ID
Keys Ericson Tinney Managing member 1 Feb 2011 75% - 100% 3031776
Michael Walter Beermann Managing member 1 Dec 2011 25% - 50% 4786277
Brian Patrick Rorick Managing member 1 Dec 2011 25% - 50% 4525184
Michael C Thompson Member 1 Sep 2012 50% - 75% 4310408
Patrick Sean Henderson Member 1 Sep 2012 50% - 75% 4276104

Based in Greenwood Village

The principal office where Aveo Capital Partners, LLC performs its advisory services is located at 6400 S. Fiddlers Green Circle, Greenwood Village, CO 80111, which is also the mailing address of the firm. An additional office of the firm is in Lakewood, CO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (303) 552-0945. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at aveocapital.com/.