Murray Street Capital Advisors, LLC (Fort Lauderdale)

Murray Street Capital Advisors, LLC is an adviser based in Fort Lauderdale. It manages $21 million of regulatory assets for 77 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Florida and Washington.

Murray Street Capital Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, 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.

Murray Street Capital Advisors: assets under management

The assets under management (AUM) of Murray Street Capital Advisors, LLC is $21 million. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $20 million in discretionary accounts and $1 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $270.27 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $333.33 thousand.

Murray Street Capital Advisors has custody of $21 million in cash and securities for 40 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 60% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 12% of the firm’s portfolio. Investments in investment and business development companies form 6% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Murray Street Capital Advisors, LLC for their services and products based on a percentage of assets under management. 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 Murray Street Capital Advisors serves?

The only and largest group of clients of Murray Street Capital Advisors is individuals with 40 clients and $14 million of assets under management. Among the 1 most similar advisory firms, Murray Street Capital Advisors has the 0th lowest percentage of individuals out of all clients.

The amount of regulatory assets under management is $14 million for 40 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.

Murray Street Capital Advisors doesn't advise any private funds.

Careers at Murray Street Capital 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
Jordan Michael Alhadeff	Managing member & chief compliance officer	1 Mar 2019	75% - 100%	4902884

Based in Fort Lauderdale

The principal office where Murray Street Capital Advisors, LLC performs its advisory services is located at 1845 Se 4 Th Ave, Fort Lauderdale, FL 33316, 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 (954) 422-2333. The normal business hours are 9am - 4pm on Monday - Friday.