Apex Advisers, LLC (Rochester)


Apex Advisers, LLC is a mid-sized advisory firm based in Rochester. It manages $58.1 million of regulatory assets for 136 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of New York.

Apex Advisers provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Apex Advisers: assets under management

The assets under management (AUM) of Apex Advisers, LLC is $58.1 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 96% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $58.1 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $427.2 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 92% of the total AUM. The second-largest asset type is exchange traded securities, which make up 3% of the firm’s portfolio. Investments in state and local bonds form 3% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Apex Advisers, 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 Apex Advisers serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Apex Advisers is high net worth individuals with 17 clients and $45.54 million of assets under management. Among the 5 most similar advisory firms, Apex Advisers has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $58.1 million for 51 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.

Apex Advisers doesn't advise any private funds.

Careers at Apex Advisers, 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. No 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
Elizabeth Ann Barrett Managing member/chief compliance officer 1 Jan 2009 75% - 100% 4732033

Based in Rochester

The principal office where Apex Advisers, LLC performs its advisory services is located at 70 Linden Oaks, Rochester, NY 14625, 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 585-383-5540 or by fax 585-383-5541. The normal business hours are 8:30 am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at apexadvisers.com.