Banyan Equity Management, LLC (Boca Raton)

Banyan Equity Management, LLC is a large advisory firm based in Boca Raton. It manages $129 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of Florida.

Banyan Equity Management provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Banyan Equity Management: assets under management

The assets under management (AUM) of Banyan Equity Management, LLC is $129 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 52% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $129 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $43 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Banyan Equity Management, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Banyan Equity Management, LLC

Michael Alan Aronovitz joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Laurence Robert Benedict	Chief executive officer	1 Nov 2000	75% - 100%	2341518
Christopher Cocotos	Chief compliance officer	1 Jan 2005	Other	3260537
David Mathew Horowitz	Chief compliance officer	1 Feb 2006	Other	2849516
Sunil N Narson	Chief compliance officer	1 Jan 2007	Other	5303136
Phuong Le	Operations officer	1 Jan 2009	Other	5762965
Laurence Robert Benedict	Managing member and chief executive officer	1 Jan 2017	75% - 100%	2341518
Michael Alan Aronovitz	Chief compliance officer	1 Jan 2017	Other	6755516

Based in Boca Raton

The principal office where Banyan Equity Management, LLC performs its advisory services is located at 7284 W. Palmetto Park Road, Boca Raton, FL 33433, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.