Adagio Financial, LLC (Reno)


Adagio Financial, LLC is a large advisory firm based in Reno. It manages $255.1 million of regulatory assets for 188 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of California, Colorado, Florida, and 3 other states.

Adagio Financial provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, pension consulting services, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Adagio Financial: assets under management

The assets under management (AUM) of Adagio Financial, LLC is $255.1 million. The firm's AUM has grown by 240% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $252 million in discretionary accounts and $3.1 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.1 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $45.59 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Adagio Financial, LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Barone Family Trust Owner 1 Apr 2001 50% - 75% xxx-xx-xxxx
Llc. Adagio Holdings Owner 1 Sep 2004 25% - 50% 20-2139837

Based in Reno

The principal office where Adagio Financial, LLC performs its advisory services is located at 595 Double Eagle Ct., Reno, NV 89521, 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 775-828-2110 or by fax 775-828-2709. The normal business hours are 8:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at www.adagiotrust.com.