Minerva Advisors LLC

RIASEC RegisteredEst. 2012

Total AUM

$321M

Discretionary

$312M

97% of AUM

Avg account

$45.9M

Accounts

Employees

Advisory reps

Firm details

Headquarters: Bala Cynwyd, Pennsylvania
CRD number: 161408
Registered since: February 28, 2012
Custodians: RBC CAPITAL MARKETS, LLC, BANK OF AMERICA, JEFFERIES LLC
Fee structure: Percentage of AUM, Performance Based Fees
Client types: Pooled Investment Vehicles72.94%
HNWI27.06%
Services: Portfolio Management for IndividualsPortfolio Management for Pooled Investment Vehicles

Firm profile

FINTRX

Overview

Minerva Advisors LLC is an SEC-registered investment adviser organized as an LLC and operating since 2012. The firm is structured and marketed as a hedge fund manager that serves both high-net-worth individuals/families and institutional clients. Its advisory activity centers on portfolio management for individual/small business accounts and for pooled investment vehicles; the firm also acts as sponsor, general partner, or managing member of those pooled vehicles. Compensation includes a percentage-of-assets fee and performance-based fees. Minerva does not identify as an active ESG investor and is not presented as a multi-state or newly formed adviser.