Outfitter Advisors, Ltd. (Mclean)

Outfitter Advisors, Ltd. is a large advisory firm based in Mclean. It manages $401 million of regulatory assets for 359 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of California, District of Columbia, Florida, and 7 other states.

Outfitter Advisors provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and fee-based consulting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Outfitter Advisors: assets under management

The assets under management (AUM) of Outfitter Advisors, Ltd. is $401 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 43% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $401 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.12 million each.

Outfitter Advisors has custody of $20 million in cash and securities for 10 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 58% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 31% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Outfitter Advisors, Ltd. for their services and products based on a percentage of assets under management, hourly charges, 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 Outfitter Advisors serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Outfitter Advisors is high net worth individuals with 118 clients and $358.6 million of assets under management. Among the 9 most similar advisory firms, Outfitter Advisors has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $401.5 million for 152 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.

Outfitter Advisors doesn't advise any private funds.

Careers at Outfitter Advisors, Ltd.

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 2 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
Benjamin Joseph Peress	President, chief executive officer, chief legal officer, chief compliance officer, director & shareholder	1 Aug 1999	50% - 75%	1802030
Maria Alexia Burke	Chief financial officer, chief operations officer, director & shareholder	1 Sep 2002	Other	4595449
David Andrew Kenkel	Executive vice president	1 May 2013	25% - 50%	1696748

Based in Mclean

The principal office where Outfitter Advisors, Ltd. performs its advisory services is located at 1497 Chain Bridge Road, Suite 200, Mclean, VA 22101 The mailing address of the firm is 1497 Chain Bridge Road, Suite 200, Mclean, VA 22101. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 703-356-8611 or by fax 703-356-5086. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday.