Aurora Investment Counsel (Atlanta)

Name: Aurora Investment Counsel
Address: 3350 Riverwood Parkway, Suite #2205, Atlanta, GA, 30339
Telephone: 770.226.5323

Aurora Investment Counsel is a large advisory firm based in Atlanta. It manages $282.21 million of regulatory assets for 203 client accounts. It has been registered with the SEC as an adviser since 2000 and has operated in the jurisdictions of Georgia, New York, South Carolina, and Wisconsin.

Aurora Investment Counsel provides portfolio management for individuals and small businesses 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.

Aurora Investment Counsel: assets under management

The assets under management (AUM) of Aurora Investment Counsel is $282.21 million. The firm's AUM has grown by 177% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $277.07 million in discretionary accounts and $5.13 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.41 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $733.19 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 66% of the total AUM. The second-largest asset type is investment and business development companies, which make up 21% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Aurora Investment Counsel 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 David John Yucius serves?

The firm provides services to other investment advisers and high net worth individuals. The largest group of clients of David John Yucius is other investment advisers with 11 clients and $241.31 million of assets under management. Among the 9 most similar advisory firms, Aurora Investment Counsel has the highest percentage of other investment advisers out of all clients.

The amount of regulatory assets under management is $271.6 million for 30 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.

Aurora Investment Counsel doesn't advise any private funds.

Careers at Aurora Investment Counsel

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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.

David John Yucius has been acting as President since 1 Dec 2000. Gayle Ardillo joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
William George Hammond	Non-voting s/o	1 Jan 2000	Other	235395
David John Yucius	President/cco	1 Dec 2000	75% - 100%	1831286
John Randolph Seckman	Chairman	1 Dec 2000	25% - 50%	417766
William George Hammond	Voting	1 Jan 2001	Other	235395
James Laurence Boyle	Cco	1 Dec 2002	Other	5017725
Chintanika Arvind Desai	Chief compliance officer	1 May 2006	Other	5154318
Michael Thomas Doyle	Voting	1 Jan 2009	Other	4438243
Gayle Ardillo	Chief compliance officer	1 Feb 2009	Other	5636983

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Joyce Spieker Seckman	N/a	1 Jan 2001	25% - 50%	4407311
Joyce Spieker Seckman	N/a	1 Dec 2001	25% - 50%	4407311

Based in Atlanta

The principal office where Aurora Investment Counsel performs its advisory services is located at 3350 Riverwood Parkway, Suite #2205, Atlanta, GA 30339 The mailing address of the firm is 3350 Riverwood Parkway, Suite #2205, Atlanta, GA 30339. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 770.226.5323 or by fax 678.202.0484. The normal business hours are 8:30am - 5:30pm on Monday - Friday. You can find more information about the New York firm at aurora-invest.com.