Vita Intellectus (Kirkland)

Name: Vita Intellectus
Address: 3400 Carillon Pt, Kirkland, WA, 98033 7317
Telephone: 425-406-6830

Vita Intellectus is a large advisory firm based in Kirkland. It manages $110.29 million of regulatory assets for 636 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Washington.

Vita Intellectus provides financial planning services and 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.

Vita Intellectus: assets under management

The assets under management (AUM) of Vita Intellectus is $110.29 million. The firm's AUM has gone down by -35% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $89.48 million in discretionary accounts and $20.81 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $231.81 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $83.26 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 41% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 38% of the firm’s portfolio. Investments in derivatives form 20% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Vita Intellectus 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 Vita Intellectus serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Vita Intellectus is high net worth individuals with 27 clients and $75.79 million of assets under management. Among the 9 most similar advisory firms, Vita Intellectus has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $110.29 million for 121 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Vita Intellectus doesn't advise any private funds.

Careers at Vita Intellectus

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 4 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Josh Michael Label	Managing member & chief compliance officer	1 Feb 2012	25% - 50%	5032599
Moghis Uddin Mohammad	Managing member	1 Sep 2012	50% - 75%	4912020

Based in Kirkland

The principal office where Vita Intellectus performs its advisory services is located at 3400 Carillon Pt, Kirkland, WA 98033 7317, 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 425-406-6830 or by fax 425-406-6890. The normal business hours are 9 am to 5 pm on Monday - Friday. You can find more information about the New York firm at vitaintellectus.com/.