Apriem Advisors is a large advisory firm based in Irvine. It manages $697.43 million of regulatory assets for 2,041 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Arizona, California, Colorado, and 9 other states.
Apriem Advisors provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Apriem Advisors is $697.43 million. The firm's AUM has grown by 36% since the beginning of its operation, and $6.55 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Apriem Advisors for their services and products based on a percentage of assets under management, fixed fees, 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Apriem Advisors is high net worth individuals with 199 clients and $411.28 million of assets under management. Among the 9 most similar advisory firms, Apriem Advisors has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $624.44 million for 652 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Apriem Advisors doesn't advise any private funds.
The company employs 15 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 10 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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.
The principal office where Apriem Advisors performs its advisory services is located at 19200 Von Karman Avenue, Irvine, CA 92612, which is also the mailing address of the firm. An additional office of the firm is in Torrance, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number (949) 253-8888 or by fax (949) 253-8891. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at apriem.com.