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Fifth Set Investment Advisors LLC (Larchmont)


Fifth Set Investment Advisors LLC is a mid-sized advisory firm based in Larchmont. It manages $48.12 million of regulatory assets for 180 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of New Jersey and New York.

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Fifth Set Investment Advisors provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Fifth Set Investment Advisors: assets under management

The assets under management (AUM) of Fifth Set Investment Advisors LLC is $48.12 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 40% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $48.12 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $267.33 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 96% of the total AUM. The second-largest asset type is exchange traded securities, which make up 2% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Fifth Set Investment Advisors LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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 Fifth Set Investment Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Fifth Set Investment Advisors is high net worth individuals with 18 clients and $40.56 million of assets under management. Among the 1 most similar advisory firms, Fifth Set Investment Advisors has the highest percentage of high net worth individuals out of all clients.


The amount of regulatory assets under management is $48.12 million for 37 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.

Fifth Set Investment Advisors doesn't advise any private funds.

Careers at Fifth Set Investment Advisors LLC

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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



Name Entity Date acquired Ownership Employer ID
Ian Andrew Post Managing member/chief compliance officer 1 Jan 2006 75% - 100% 2482832

Based in Larchmont

The principal office where Fifth Set Investment Advisors LLC performs its advisory services is located at 2065 Boston Post Road, Suite 200, Larchmont, NY 10538, 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 646-783-9717 or by fax 646-572-8737. The normal business hours are 9:00 am - 6:00 pm on Monday - Friday. You can find more information about the New York firm at fifthsetinvestment.com and its LinkedIn profile.


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