Auda Advisor Associates LLC (New York)


Auda Advisor Associates LLC is a large advisory firm based in New York. It manages $1.28 billion of regulatory assets for 25 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of New York.

Auda Advisor Associates provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, pension consulting services, 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.

Auda Advisor Associates: assets under management

The assets under management (AUM) of Auda Advisor Associates LLC is $1.28 billion. The firm's AUM has gone down by -6% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.11 billion in discretionary accounts and $164.87 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $101.01 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $11.78 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Auda Advisor Associates 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.

Careers at Auda Advisor Associates LLC

Marcel Alain Giacometti has been acting as President since 1 Apr 1995. Dean Mitchel Scheinert joined the executive team most recently as the Managing Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Inc. Auda Management Holding company 1 Apr 1995 50% - 75% 58-1486034
Feri Corp. Holding company 1 Apr 1995 25% - 50% 13-3576404
Marcel Alain Giacometti President 1 Apr 1995 Other 1931395
William Franklin Hinson Chief financial officer 1 Apr 1998 Other 4055924
Marcel Alain Giacometti President 1 Sep 1998 Other 1931395
William Franklin Hinson Chief financial officer 1 Sep 1998 Other 4055924
Auda Advisor Associates Llc Holding company 1 Sep 1998 75% - 100% 13-3880235
Stephen Bruce Wesson Managing director 1 Jan 1999 Other 2274838
Walter Ludwig Fabricius Managing director 1 Jan 1999 Other 829515
Buford Scott Reid Managing director 1 Sep 1999 Other 4377378
Alina Llc Investment partnership 1 Jan 2000 Other 13-4093505
David Steven Andryc Managing director 1 Jan 2001 Other 1181816
Lawrence Richard Lynch Managing director 1 Jul 2001 Other 3080982
Richard Craig Lichter Managing director 1 Feb 2002 Other 2062947
Harald Quandt Corp. Holding company 1 May 2002 25% - 50% applied for
Dean Mitchel Scheinert Managing director 1 Mar 2003 Other 1467404

Indirect Owners

The SEC currently registers 5 indirect owners.

Name Entity Date acquired Ownership Employer ID
Harald Quandt Holdings Gmbh Holding company 1 Apr 1995 75% - 100% foreign entity
Feri Ag Holding company 1 Apr 1995 75% - 100% foreign entity
Auda Management Inc Holding company 1 Apr 1995 75% - 100% 58-1486034
Marcel Alain Giacometti Partner of alina llc 1 Jan 2000 50% - 75% 1931395
Auda Management Inc Holding company 1 May 2002 75% - 100% 58-1486034

Based in New York

The principal office where Auda Advisor Associates LLC performs its advisory services is located at 745 Fifth Ave 29 Th Floor, New York, NY 10151, 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 212-863-2300 or by fax 212-593-2974. The normal business hours are 9.00am-5.00pm on Monday - Friday. You can find more information about the New York firm at www,auda.net.