Caerus Investment Advisors, LLC (San Francisco)

Name: Caerus Investment Advisors, LLC
Address: 5 3 Rd St, Suite 900, San Francisco, CA, 94103
Telephone: 650-906-7666

Caerus Investment Advisors, LLC is a large advisory firm based in San Francisco. It manages $151.08 million of regulatory assets for 237 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California, Illinois, Louisiana, and 4 other states.

Caerus Investment 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.

Caerus Investment Advisors: assets under management

The assets under management (AUM) of Caerus Investment Advisors, LLC is $151.08 million. The firm's AUM has grown by 587% since the beginning of its operation, and $1 million of the total AUM is attributable to clients outside of the United States.

The firm manages $108.98 million in discretionary accounts and $42.1 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $707.69 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $507.2 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 72% of the total AUM. The second-largest asset type is investment and business development companies, which make up 18% of the firm’s portfolio. Investments in state and local bonds form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Caerus Investment 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 Caerus Investment Advisors serves?

The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Caerus Investment Advisors is high net worth individuals with 82 clients and $138.32 million of assets under management. Among the 8 most similar advisory firms, Caerus Investment Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $151.06 million for 116 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Caerus Investment Advisors also advises several private funds. Namely, five venture capital funds. The minimum investment commitment required of non-related persons ranges from $5,000 to $50,000.

Careers at Caerus Investment Advisors, LLC

The company employs 4 people that are either part- or full-time employees. 50 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 4 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
Michael Hoi Ming Cheung	Chief compliance officer and managing member	1 Sep 2014	75% - 100%	5683262
Jessica Nadine Clark	Chief compliance officer	1 Mar 2019	Other	3147754

Based in San Francisco

The principal office where Caerus Investment Advisors, LLC performs its advisory services is located at 5 3 Rd St, Suite 900, San Francisco, CA 94103, 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 650-906-7666 or by fax 484-906-7663. The normal business hours are by appointment only on Monday - Friday. You can find more information about the New York firm at caerusadvisor.com.