Armor Investment Advisors, LLC is a large advisory firm based in Raleigh. It manages $211.42 million of regulatory assets for 469 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Florida, North Carolina, and Virginia.
Armor Investment Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, educational seminars and workshops, and investment consulting. 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 Armor Investment Advisors, LLC is $211.42 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 732% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Armor 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Armor Investment Advisors is high net worth individuals with 69 clients and $128.33 million of assets under management. Among the 10 most similar advisory firms, Armor Investment Advisors has the 5th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $211.42 million for 157 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.
Armor Investment Advisors doesn't advise any private funds.
The company employs 7 people that are either part- or full-time employees. 71 percent of the employees work as investment advisers or researchers. 5 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.
Jeffrey Rowe Miller has served as the Chief Investment Officer since 1 Jan 2008. Matthew Clark Miller joined the executive team most recently as the Member.
The principal office where Armor Investment Advisors, LLC performs its advisory services is located at 4101 Lake Boone Trail, Raleigh, NC 27607, 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 919-571-4382 or by fax 919-571-4368. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at armorinvestmentadvisors.com/.