Bluekey Wealth Advisors, LLC (Hollywood)

Name: Bluekey Wealth Advisors, LLC
Address: 3878 Sheridan Street, Hollywood, FL, 33021
Telephone: 954-986-0633

Bluekey Wealth Advisors, LLC is a large advisory firm based in Hollywood. It manages $106.27 million of regulatory assets for 366 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Florida and Texas.

Bluekey Wealth Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and consulting. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Bluekey Wealth Advisors: assets under management

The assets under management (AUM) of Bluekey Wealth Advisors, LLC is $106.27 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $98.61 million in discretionary accounts and $7.67 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $300.63 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $201.73 thousand.

Bluekey Wealth Advisors has custody of $106.27 million in cash and securities for 113 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 75% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 11% of the firm’s portfolio. Investments in exchange traded securities form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bluekey Wealth Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Bluekey Wealth Advisors serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Bluekey Wealth Advisors is high net worth individuals with 38 clients and $87.26 million of assets under management. Among the 10 most similar advisory firms, Bluekey Wealth Advisors has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $106.27 million for 113 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.

Bluekey Wealth Advisors doesn't advise any private funds.

Careers at Bluekey Wealth Advisors, LLC

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 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
Amaury Sanchez Cifuentes	Managing member/cco	1 Nov 2005	75% - 100%	3240110

Based in Hollywood

The principal office where Bluekey Wealth Advisors, LLC performs its advisory services is located at 3878 Sheridan Street, Hollywood, FL 33021, 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 954-986-0633 or by fax 954-981-1403. 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 bluekeyadvisors.com/ and its LinkedIn profile.