Brainvest Wealth Management LLC is a large advisory firm based in Aventura. It manages $123.36 million of regulatory assets for 18 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Florida and Texas.
Brainvest Wealth Management provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Brainvest Wealth Management LLC is $123.36 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Brainvest Wealth Management LLC for their services and products based on a percentage of assets under management 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.
The only and largest group of clients of Brainvest Wealth Management is high net worth individuals with 18 clients and $123.36 million of assets under management. Among the 9 most similar advisory firms, Brainvest Wealth Management has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $123.36 million for 18 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 96% of the firm’s clients are foreign persons or businesses.
Brainvest Wealth Management doesn't advise any private funds.
The company employs 4 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 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.
The principal office where Brainvest Wealth Management LLC performs its advisory services is located at 2875 Ne 191 St, Aventura, FL 33180, 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 305-224-8834 or by fax 305 468 6268. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at brainvest.com and its LinkedIn profile.