Ameraudi Asset Management, Inc. (New York)

Name: Ameraudi Asset Management, Inc.
Address: 19 East 54 Th Street, New York, NY, 10022
Telephone: 212-833-1090

Ameraudi Asset Management, Inc. is a large advisory firm based in New York. It manages $525.39 million of regulatory assets for 608 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of California, Connecticut, Delaware, and 5 other states.

Ameraudi Asset Management provides portfolio management for individuals and small businesses 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.

Ameraudi Asset Management: assets under management

The assets under management (AUM) of Ameraudi Asset Management, Inc. is $525.39 million. The firm's AUM has gone down by -9% since the beginning of its operation, and $282.52 million of the total AUM is attributable to clients outside of the United States.

The firm manages $246.97 million in discretionary accounts and $278.42 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.06 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $740.48 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 36% of the total AUM. The second-largest asset type is exchange traded securities, which make up 24% of the firm’s portfolio. Investments in cash and cash equivalents form 13% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Ameraudi Asset Management, Inc. 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 Joseph Georges Audi serves?

The only and largest group of clients of Joseph Georges Audi is high net worth individuals with 447 clients and $525.15 million of assets under management. Among the 8 most similar advisory firms, Ameraudi Asset Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $525.15 million for 447 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 54% of the firm’s clients are foreign persons or businesses.

Ameraudi Asset Management doesn't advise any private funds.

Careers at Ameraudi Asset Management, Inc.

The company employs 8 people that are either part- or full-time employees. 63 percent of the employees work as investment advisers or researchers. 5 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.

Joseph Georges Audi has been acting as President since 1 Jan 1999. Salim Abboud joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Interaudi Bank	Owner	1 Jan 1999	75% - 100%	13-3148430
Joseph Georges Audi	Director	1 Jan 1999	Other	4518686
George Joseph Audi	President & chief compliance officer	1 Mar 2014	Other	4118934
Salim Abboud	Director	1 Sep 2018	Other	7165213
Stefan Johansson	Director	1 Sep 2018	Other	7165222

Based in New York

The principal office where Ameraudi Asset Management, Inc. performs its advisory services is located at 19 East 54 Th Street, New York, NY 10022, 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 212-833-1090 or by fax 212-319-4917. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at ameraudi.com.