Advanced Research Investment Solutions, LLC (Los Angeles)


Advanced Research Investment Solutions, LLC is a large advisory firm based in Los Angeles. It manages $10.83 billion of regulatory assets for 72 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California and Texas.

Advanced Research Investment Solutions provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Advanced Research Investment Solutions: assets under management

The assets under management (AUM) of Advanced Research Investment Solutions, LLC is $10.83 billion. The firm's AUM has grown by 21% since the beginning of its operation, and $157.91 million of the total AUM is attributable to clients outside of the United States.

The firm manages $367.67 million in discretionary accounts and $10.46 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $45.96 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $163.44 million.
Advanced Research Investment Solutions has custody of $368.56 million in cash and securities for 10 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 44% of the total AUM. The second-largest asset type is exchange traded securities, which make up 16% of the firm’s portfolio. Investments in investment and business development companies form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Advanced Research Investment Solutions, 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 Advanced Research Investment Solutions serves?

The firm provides services to charitable organizations, high net worth individuals, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Advanced Research Investment Solutions is pension and profit sharing plans with 4 clients and $8.27 billion of assets under management. Among the 8 most similar advisory firms, Advanced Research Investment Solutions has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $9.07 billion for 62 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.

Advanced Research Investment Solutions also advises several private funds. Namely, two other private funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Advanced Research Investment Solutions, LLC

The company employs 7 people that are either part- or full-time employees. 86 percent of the employees work as investment advisers or researchers. 2 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
Alex Shahidi Managing member and chief compliance officer 1 Nov 2014 75% - 100% 3208699
Damien Adam Bisserier Member 1 Nov 2014 Other 6412899
Alex Nmn Shahidi Managing member 1 Nov 2014 75% - 100% 3208699

Based in Los Angeles

The principal office where Advanced Research Investment Solutions, LLC performs its advisory services is located at 10635 Santa Monica Boulevard, Los Angeles, CA 90025, 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 424-283-3800 or by fax 424-283-3899. The normal business hours are 8:00am - 4:00pm on Monday - Friday. You can find more information about the New York firm at arisconsulting.com.