Lloyd Crescendo Advisors LLC (Miami)

Lloyd Crescendo Advisors provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Lloyd Crescendo Advisors: assets under management

The assets under management (AUM) of Lloyd Crescendo Advisors LLC is $359.7 million. The firm's AUM has grown by 182% since the beginning of its operation, and $139 million of the total AUM is attributable to clients outside of the United States.

The firm manages $353.37 million in discretionary accounts and $6.33 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $7.36 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.11 million.

Investments

The firm invests in pooled investment vehicles the most. They account for 28% of the total AUM. The second-largest asset type is exchange traded securities, which make up 21% of the firm’s portfolio. Investments in investment grade corporate bonds form 20% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lloyd Crescendo Advisors LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Lloyd Crescendo Advisors serves?

The firm provides services to high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Lloyd Crescendo Advisors is pooled investment vehicles with 4 clients and $152.61 million of assets under management. Among the 8 most similar advisory firms, Lloyd Crescendo Advisors has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $327.17 million for 44 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 63% of the firm’s clients are foreign persons or businesses.

Lloyd Crescendo Advisors also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Lloyd Crescendo Advisors LLC

The company employs 9 people that are either part- or full-time employees. 89 percent of the employees work as investment advisers or researchers. No 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

Indirect Owners

The SEC currently registers 4 indirect owners.

Based in Miami

The principal office where Lloyd Crescendo Advisors LLC performs its advisory services is located at 1450 Brickell Ave, Miami, FL 33131, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 3058506105 or by fax 3058506110. The normal business hours are 9:00 am to 5:30 pm on Monday - Friday. You can find more information about the New York firm at lloydcrescendo.com.

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