Armis Advisers, LLC (Hartwell)

Armis Advisers, LLC is a large advisory firm based in Hartwell. It manages $141.55 million of regulatory assets for 45 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Georgia, Mississippi, and Texas.

Armis Advisers provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Armis Advisers: assets under management

The assets under management (AUM) of Armis Advisers, LLC is $141.55 million. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $49.41 million in discretionary accounts and $92.14 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.12 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $92.14 million.

Investments

The firm invests in derivatives the most. They account for 65% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 11% of the firm’s portfolio. Investments in cash and cash equivalents form 11% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Armis Advisers, 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 Armis Advisers serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Armis Advisers is high net worth individuals with 18 clients and $36.27 million of assets under management. Among the 8 most similar advisory firms, Armis Advisers has the 2nd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $38.96 million for 33 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.

Armis Advisers doesn't advise any private funds.

Careers at Armis Advisers, LLC

The company employs 6 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 3 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 don’t receive compensation from other entities for client referrals.

Armis Advisers, LLC is owned by Charles Thomas Schell. Kimberly Drew Collins joined the executive team most recently as the Owner, Cco.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Kimberly Drew Collins	Owner, cco	1 Nov 2018	Other	7046036
Charles Thomas Schell	Owner	1 Nov 2018	75% - 100%	5237886
Blake Ryan Schaper	Owner	1 Nov 2018	Other	6893226
Lane Manning Turner	Owner	1 Nov 2018	Other	6749249
Gregory Thomas Wright	Owner	1 Nov 2018	Other	7046051
Robert Thompson Davis	Owner	1 Nov 2018	Other	6273640

Based in Hartwell

The principal office where Armis Advisers, LLC performs its advisory services is located at 140 Cateechee Trail, Hartwell, GA 30643, which is also the mailing address of the firm. An additional office of the firm is in Athens, GA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 706-372-4882 or by fax 706-856-3328. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday.