Amadeus Wealth Advisors LLC (New York)

Name: Amadeus Wealth Advisors LLC
Address: 225 West 34 Th Street, New York, NY, 10122
Telephone: 2126973930

Amadeus Wealth Advisors LLC is a mid-sized advisory firm based in New York. It manages $50.48 million of regulatory assets for 20 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Florida and New York.

Amadeus Wealth Advisors provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Amadeus Wealth Advisors: assets under management

The assets under management (AUM) of Amadeus Wealth Advisors LLC is $50.48 million. The firm's AUM has grown by 8% since the beginning of its operation, and $50.48 million of the total AUM is attributable to clients outside of the United States.

The firm manages $32.5 million in discretionary accounts and $17.99 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.71 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $17.99 million.

Investments

The firm invests in exchange traded securities the most. They account for 61% of the total AUM. The second-largest asset type is other assets, which make up 36% of the firm’s portfolio. Investments in state and local bonds form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Amadeus Wealth Advisors 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 Amadeus Wealth Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Amadeus Wealth Advisors is high net worth individuals with 10 clients and $48.25 million of assets under management. Among the 1 most similar advisory firms, Amadeus Wealth Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $49.97 million for 21 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 10% of the firm’s clients are foreign persons or businesses.

Amadeus Wealth Advisors doesn't advise any private funds.

Careers at Amadeus Wealth Advisors LLC

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Edward Nmn Papier	Chief executive officer & chief compliance officer	1 Apr 2014	Other	1506182
Amadeus Wealth Advisors. Llc	Owner	1 Apr 2015	75% - 100%	46-4888205

Based in New York

The principal office where Amadeus Wealth Advisors LLC performs its advisory services is located at 225 West 34 Th Street, New York, NY 10122, which is also the mailing address of the firm. An additional office of the firm is in Ft. Lauderdale, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 2126973930 or by fax 9173384138. The normal business hours are 9 am to 6 pm on Monday - Friday. You can find more information about the New York firm at sp-wm.com.