Beverly Investment Advisors LLC (Beverly Hills)

Name: Beverly Investment Advisors LLC
Address: 9701 Wilshire Boulevard, Beverly Hills, CA, 90212
Telephone: 310-246-1200

Beverly Investment Advisors LLC is a large advisory firm based in Beverly Hills. It manages $157.43 million of regulatory assets for 147 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdiction of California.

Beverly Investment Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Beverly Investment Advisors: assets under management

The assets under management (AUM) of Beverly Investment Advisors LLC is $157.43 million. The firm's AUM has grown by 69% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $40.48 million in discretionary accounts and $116.95 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $367.97 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.16 million.

Investments

The firm invests in investment and business development companies the most. They account for 70% of the total AUM. The second-largest asset type is exchange traded securities, which make up 25% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Beverly Investment Advisors LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Beverly Investment Advisors serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Beverly Investment Advisors is pension and profit sharing plans with 3 clients and $115.25 million of assets under management. Among the 13 most similar advisory firms, Beverly Investment Advisors has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $157.43 million for 44 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.

Beverly Investment Advisors doesn't advise any private funds.

Careers at Beverly Investment Advisors LLC

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Canon Jill Price	Managing director & chief compliance officer	1 Jan 2003	Other	2198859
Inc. Canon J. Price	Direct owner	1 Mar 2007	75% - 100%	124038
Beverly Investment Advisors Llc	Direct owner	1 Mar 2007	50% - 75%	124038
Inc. Canon J. Price	Member	1 Apr 2007	75% - 100%	16-163487
Inc. Canon J. Price	Direct owner	1 May 2007	50% - 75%	16-163487
Inc. Kahn Asset Management	Direct owner	1 Jun 2007	25% - 50%	20-8894773
Jordan Kahn	Managing partner	1 Jun 2007	Other	4489366

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Canon Jill Price	Owner	1 Oct 2002	75% - 100%	2198859

Based in Beverly Hills

The principal office where Beverly Investment Advisors LLC performs its advisory services is located at 9701 Wilshire Boulevard, Beverly Hills, CA 90212, 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 310-246-1200 or by fax 310-246-5778. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at beverlyadvisors.com.