Aventura Capital Management, LLC (Fort Lauderdale)

Name: Aventura Capital Management, LLC
Address: 100 Se 3 Rd Ave, Fort Lauderdale, FL, 33394
Telephone: 305-466-0467

Aventura Capital Management, LLC is a large advisory firm based in Fort Lauderdale. It manages $147 million of regulatory assets for 246 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of California, Connecticut, Florida, and 13 other states.

Aventura Capital Management provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, 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.

Aventura Capital Management: assets under management

The assets under management (AUM) of Aventura Capital Management, LLC is $147 million. The firm's AUM has grown by 104% since the beginning of its operation, and $11 million of the total AUM is attributable to clients outside of the United States.

The firm manages $38 million in discretionary accounts and $109 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $171.17 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $4.54 million.

Investments

The firm invests in exchange traded securities the most. They account for 60% of the total AUM. The second-largest asset type is other assets, which make up 30% of the firm’s portfolio. Investments in government bonds form 10% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Aventura Capital Management, LLC for their services and products based on a percentage of assets under management. 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 Aventura Capital Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Aventura Capital Management is high net worth individuals with 13 clients and $120 million of assets under management. Among the 11 most similar advisory firms, Aventura Capital Management has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $147 million for 147 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.

Aventura Capital Management doesn't advise any private funds.

Careers at Aventura Capital Management, LLC

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 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 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.

Daniel Thomas Cauceglia has served as the Chief Investment Officer since 1 Dec 2006. Llc Dmk Financial Holdings joined the executive team most recently as the Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llc Aventura Holdings	Member	1 Aug 2006	75% - 100%	20-5353494
David Matthew Konits	Managing director, ceo/cfo	1 Nov 2006	Other	2531617
Daniel Thomas Cauceglia	Managing director/chief investment officer/ chief compliance officer	1 Dec 2006	Other	1490736
David Matthew Konits	C0-managing director/coo	1 Dec 2006	Other	2531617

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Daniel Thomas Cauceglia	Member	1 Aug 2006	75% - 100%	1490736
Llc Dmk Financial Holdings	Owner	1 Jan 2007	Other	20-5894046

Based in Fort Lauderdale

The principal office where Aventura Capital Management, LLC performs its advisory services is located at 100 Se 3 Rd Ave, Fort Lauderdale, FL 33394, 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 305-466-0467. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at aventuracap.com.