Sophis Investments LLC
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Overview
Sophis Investments LLC is an advisory firm located in New York, New York. The company controls $110.3 million in assets under management across 99 client accounts, making it a mid-tier firm in the United States by assets under management (AUM). The firm has a small team, including 5 financial advisors. Sophis Investments LLC does not act as a registered broker-dealer, meaning it cannot buy and sell securities for its accounts and those of its clients and instead is required to go through a broker-dealer firm to do so. Securities are defined as tradable financial assets such as stocks, options and bonds.
Sophis Investments LLC administers most of its accounts in a discretionary manner. Discretionary management means that transaction decisions for the client's account are made by an investment advisor without needing to seek the customer's authorization. The company also administers 15 non-discretionary accounts with a total of $35.2 million in AUM. The firm administers an average of $1.1 million in assets for each customer account. An average financial advisor at Sophis Investments LLC administers about 20 client accounts, placing it among the more individualized financial advisor firms in the country.
The firm's central office is located at 250 Park Avenue, New York, New York 10177-0799. The firm is permitted to provide services to customers across a number of states, including California, Connecticut, District of Columbia, Nebraska, New Jersey and New York.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Sophis Investments LLC by the Numbers
$110.3 million
5
99
$1.1 million
Fee Structure
Fees charged by financial advisors largely depend on which services the firm provides the client. However, fees charged by Sophis Investments LLC may include some combination of the following fee types: asset-based or performance-based. Wrap fee programs, or the practice of bundling services for a single fee, are not provided by the firm.
Available
-
Offered by 69% of firms
Percentage of Assets
-
Offered by 26% of firms
Performance-based
Unavailable
-
Find one of the 21% of firms that offer this fee type
Hourly
-
Find one of the 1% of firms that offer this fee type
Commissions
-
Find one of the 0% of firms that offer this fee type
Subscription
-
Find one of the 32% of firms that offer this fee type
Fixed
-
Find one of the 10% of firms that offer this fee type
Other
Types of Clients
The company caters to retail investors, high net worth investors and corporations. Out of its 99 accounts, Sophis Investments LLC's largest client type by number of accounts is high net worth investors, but it also manages money for 26 high-net-worth individuals. The SEC defines a high-net-worth individual as an individual who has at least $750,000 under management or a net worth of more than $1.50 million or who counts as a "qualified purchaser" (a standard met by having at least $5 million in investments). Just 4% of the company's accounts are from outside of the U.S.
- High-Net-Worth Individuals* - 49.06%
- Other Individuals - 47.17%
- Corporations - 3.77%
- Charitable Organizations - 0%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
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Disclosures
Sophis Investments LLC does not have any disclosures.
Please visit its Form ADV for more details.
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Financial Advisors at Sophis Investments LLC
New York, NY
New York, NY
Cos Cob, CT
New York, NY
Greenwich, CT
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