Athenainvest Advisors LLC (Greenwood Village)


Athenainvest Advisors LLC is a large advisory firm based in Greenwood Village. It manages $107.93 million of regulatory assets for 1,318 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of California, Colorado, Missouri, Texas, and Washington.

Athenainvest Advisors provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, publication of newsletters, and security ratings or pricing services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Athenainvest Advisors: assets under management

The assets under management (AUM) of Athenainvest Advisors LLC is $107.93 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 98014% since the beginning of its operation, and $691.17 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $107.93 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $81.89 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 51% of the total AUM. The second-largest asset type is exchange traded securities, which make up 46% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Athenainvest Advisors LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based 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 Athenainvest Advisors serves?

The firm provides services to individuals, investment companies, other investment advisers, and high net worth individuals. The largest group of clients of Athenainvest Advisors is other investment advisers with 9 clients and $89.15 million of assets under management. Among the 7 most similar advisory firms, Athenainvest Advisors has the highest percentage of other investment advisers out of all clients.

The amount of regulatory assets under management is $107.93 million for 40 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.

Athenainvest Advisors doesn't advise any private funds.

Careers at Athenainvest Advisors LLC

The company employs 8 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 6 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates 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
Charles Thomas Howard Ceo/chief compliance officer 1 Jan 2008 Other 5493021
Inc. Athenainvest Member 1 Jan 2008 75% - 100% 72-1605766
2015 Craig T Callahan Family Gst Trust Member 1 May 2015 25% - 50% 47-7048748
Andrew Charles Howard Chief compliance officer 1 Jan 2018 Other 5583741

Indirect Owners

The SEC currently registers 7 indirect owners.

Name Entity Date acquired Ownership Employer ID
Craig Thomas Callahan Shareholder 1 Aug 2007 25% - 50% 872598
Charles Thomas Howard Shareholder 1 Aug 2007 25% - 50% 5493021
Eric Lynn Jonson Trustee 1 Jul 2015 25% - 50% 2748248
Jbb Holdings Inc. Class a member 1 Apr 2016 75% - 100% 81-2418672
Justin Bradley Borus Sole shareholder, director, president, treasurer and secretary 1 Apr 2016 75% - 100% 3214321
Lazarus Investment Holdings Llc Member 1 Jun 2016 25% - 50% 81-2414401
Ibex Investment Holdings Llc Member 1 Jun 2016 25% - 50% 81-2414401

Based in Greenwood Village

The principal office where Athenainvest Advisors LLC performs its advisory services is located at 5340 S. Quebec St., Greenwood Village, CO 80111, 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 (877) 430-5675 or by fax (303) 721-6284. The normal business hours are 8:00 a.m - 5:00 p.m. mdt on Monday - Friday. You can find more information about the New York firm at athenainvest.com.