Satovsky Asset Management LLC

RIASEC Registered
Total AUM
$975M
Discretionary
$939M
96% of AUM
Avg account
$4.5M
Accounts
216
Employees
12
Advisory reps
6

Firm details

Headquarters
West Palm Beach, Florida
CRD number
143519
Registered since
June 25, 2007
Custodians
FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • HNWI91.05%
  • Individuals4.76%
  • Pension & Profit Sharing Plans2.8%
  • Corporations / Businesses0.95%
  • Charitable Organizations0.44%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Satovsky Asset Management LLC is an independent, SEC-registered investment adviser (registration dates to 2007) structured as an LLC and owned by an individual. The firm acts as a capital allocator for both individual/family and institutional clients, offering a mix of percentage-of-AUM, hourly, and fixed-fee billing. Services include financial planning, portfolio management for individuals, small businesses and institutions, pension consulting and the selection of outside advisers. Satovsky also operates as a registered representative of a broker-dealer and as an insurance broker. The firm does not position itself as an active ESG investor and reports an affiliation with a law firm.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 62%, Public Funds/Mutual Funds 33%, Cash & Cash Equivalents 4%, US Government Bonds 1%62%
  • Exchange Traded Equities62%
  • Public Funds/Mutual Funds33%
  • Cash & Cash Equivalents4%
  • US Government Bonds1%

Owners & executives

FINTRX

Contacts

FINTRX

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 39

Active vs passive

$575M in ETFs

Passive

55%

$313M

Active

45%

$262M

ETFProviderStyleCategoryValueShares% of portfolio
ISHARES CORE S&P 500 ETF (IVV)BlackRockPassiveLarge Blend$113M151,19119.69%

Location

Primary office

West Palm Beach, FL

Palm Beach

Location

West Palm Beach, FL

Headquartered in West Palm Beach, FL, anchoring the Miami-Port St. Lucie-Fort Lauderdale, FL metro in the South.

Metro area
Miami-Port St. Lucie-Fort Lauderdale, FL
Region
South
County
Palm Beach
Address
477 S Rosemary Ave
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth