Community Development Fund Advisors, LLC (Miami)

Name: Community Development Fund Advisors, LLC
Address: 6255 Chapman Field Drive, Miami, FL, 33156
Telephone: 305-663-0100

Community Development Fund Advisors, LLC is an investment adviser to an investment company based in Miami. It manages $50.88 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Florida and Pennsylvania.

Community Development Fund Advisors provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Community Development Fund Advisors: assets under management

The assets under management (AUM) of Community Development Fund Advisors, LLC is $50.88 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 50777% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $50.88 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $50.88 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Community Development Fund Advisors, 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 Community Development Fund Advisors serves?

The only and largest group of clients of Community Development Fund Advisors is investment companies with 1 clients and $50.88 million of assets under management. Among the 0 most similar advisory firms, Community Development Fund Advisors has the 0th lowest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $50.88 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Community Development Fund Advisors doesn't advise any private funds.

Careers at Community Development Fund Advisors, LLC

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. No 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
Kenneth Herbert Thomas	President, ceo, cco	1 Aug 2011	75% - 100%	6562274
Revocable Trust Of Kenneth H. Thomas	Member	1 Jun 2017	75% - 100%	xxx-xx-xxxx

Based in Miami

The principal office where Community Development Fund Advisors, LLC performs its advisory services is located at 6255 Chapman Field Drive, Miami, FL 33156, 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 305-663-0100 or by fax 305-665-2203. The normal business hours are 9 a.m. - 5 p.m. on Monday - Friday. You can find more information about the New York firm at communitydevelopmentfund.com.