Advisorengine Portfolio Solutions Inc.

RIASEC Registered
Total AUM
$331M
Discretionary
$331M
100% of AUM
Avg account
$235K
Accounts
1,410
Employees
1
Advisory reps
8

Firm details

Headquarters
Raleigh, North Carolina
CRD number
336317
Registered since
September 30, 2025
Custodians
FIDELITY DISTRIBUTORS COMPANY LLC, CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM
Client types
  • Other Investment Advisers100%
Services
Portfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Advisorengine Portfolio Solutions Inc. is an institutional registered investment adviser that works primarily with institutional clients, offering portfolio management for businesses and institutions and the selection of other advisers. The firm is SEC-registered (registration completed in 2025) and operates on a percentage-of-AUM fee model. It acts as a capital allocator and directs client capital into third-party managers and pooled vehicles rather than functioning as a retail-facing retail RIA. The firm does not identify as an active ESG investor and does not describe itself as a multi-state or pension consultant adviser.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

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Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 51%, Exchange Traded Equities 37%, Cash & Cash Equivalents 5%, State & Local Bonds 4%, US Government Bonds 3%51%
  • Public Funds/Mutual Funds51%
  • Exchange Traded Equities37%
  • Cash & Cash Equivalents5%
  • State & Local Bonds4%
  • US Government Bonds3%

Owners & executives

3 of 6
  • Michael Durette

    Michael Durette

    Chief Revenue OfficerCRD 4935253

  • Richard Cancro

    CEO and FounderCRD 2174025

  • Craig Ramsey

    Chief Operating OfficerCRD 8090295

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Contacts

2 of 2
  • Alexander Perovic

    CRD 8353020

  • Andrew Lewis

    CRD 8353025

Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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Location

Primary office

Raleigh, NC

Wake

Location

Raleigh, NC

Headquartered in Raleigh, NC, anchoring the Raleigh-Durham-Cary, NC metro in the South.

Metro area
Raleigh-Durham-Cary, NC
Region
South
County
Wake
Address
1616 E Millbrook Rd
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth