Investellect, LLC (Vancouver)

Name: Investellect, LLC
Address: 1220 Main Street Suite 400, Vancouver, WA, 98660
Telephone: (888) 611-1317

Investellect, LLC is an internet adviser based in Vancouver. It manages $9 million of regulatory assets for 25 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of New York, Oregon, and Washington.

Investellect provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Investellect: assets under management

The assets under management (AUM) of Investellect, LLC is $9 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 14900% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $9 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $360 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 99% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Investellect, 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 Investellect serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Investellect is high net worth individuals with 6 clients and $8.5 million of assets under management. Among the 2 most similar advisory firms, Investellect has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $9 million for 8 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.

Investellect doesn't advise any private funds.

Careers at Investellect, LLC

The company employs 2 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Salvatore Joseph Timperio	Managing member & chief compliance officer	1 Jun 2016	75% - 100%	4204844

Based in Vancouver

The principal office where Investellect, LLC performs its advisory services is located at 1220 Main Street Suite 400, Vancouver, WA 98660, 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 (888) 611-1317 or by fax (888) 611-1318. The normal business hours are 9:00 am - 4:00 pm on Monday - Friday. You can find more information about the New York firm at investellect.com.