Asio Capital LLC (Lexington)
Asio Capital LLC is a large advisory firm based in Lexington. It manages $125.5 million of regulatory assets for 213 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Kentucky and South Carolina.
Asio Capital provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Asio Capital: assets under management
The assets under management (AUM) of Asio Capital LLC is $125.5 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 59% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
Investments
The firm invests in exchange traded securities the most. They account for 75% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 10% of the firm’s portfolio. Investments in state and local bonds form 10% of the total invested assets.Fees & Commissions
The advisory firm has a single stream of revenue. Clients pay Asio Capital LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
What kind of clients Asio Capital serves?
The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Asio Capital is high net worth individuals with 59 clients and $99.6 million of assets under management. Among the 8 most similar advisory firms, Asio Capital has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $125.5 million for 110 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Asio Capital doesn't advise any private funds.
Careers at Asio Capital LLC
The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Direct owners and executive officers
Based in Lexington
The principal office where Asio Capital LLC performs its advisory services is located at 220 Lexington Green Circle, Lexington, KY 40503, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 859-785-4130. The normal business hours are 8:30 am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at asiocapital.com/.
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