The Caring Advisors LLC (Sarasota)


The Caring Advisors LLC is a large advisory firm based in Sarasota. It manages $248.2 million of regulatory assets for 1,925 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Arizona, California, Florida, and 10 other states.

The Caring Advisors provides financial planning services, portfolio management for individuals and small businesses, 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.

The Caring Advisors: assets under management

The assets under management (AUM) of The Caring Advisors LLC is $248.2 million. The firm's AUM has grown by 18% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $214.5 million in discretionary accounts and $33.7 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $231.89 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $33.7 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Caring 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.

Based in Sarasota

The principal office where The Caring Advisors LLC performs its advisory services is located at 2639 Fruitville Rd., Suite 103, Sarasota, FL 34237, which is also the mailing address of the firm. An additional office of the firm is in Dekalb, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 941-952-1188 or by fax 941-952-1184. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at walshwealthmanagement.com.