Oam Avatar LLC (New York)

Name: Oam Avatar LLC
Address: 575 Lexington Avenue, New York, NY, 10022
Telephone: 212-624-1900

Oam Avatar LLC is a large advisory firm based in New York. It manages $1.07 billion of regulatory assets for 4,600 client accounts. It has been registered with the SEC as an adviser since 2003.

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

Oam Avatar: assets under management

The assets under management (AUM) of Oam Avatar LLC is $1.07 billion. The firm's AUM has gone down by -19% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $937.8 million in discretionary accounts and $130.8 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $210.74 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $872 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Oam Avatar LLC for their services and products based on a percentage of assets under management and performance-based 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.

Careers at Oam Avatar LLC

Douglas Louis Dumond has been acting as President since 1 Jun 2003. Michael Case Smith joined the executive team most recently as the Managing Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mona Aboelnaga	Vice president	1 Mar 2003	Other	2085071
Llc Overture Asset Managers	Owner	1 Jun 2003	75% - 100%	04-3599334
Douglas Louis Dumond	Chairman	1 Jun 2003	Other	1392225
Theodore Michael Theodore	President & vice chrmn	1 Jun 2003	Other	444751
Charles Matthew White	Vice chairman	1 Jun 2003	Other	1989978
Larry Wayne Seibert	Senior vice president	1 Jun 2003	Other	2410840
James Craig Coley	Vice president	1 Jun 2003	Other	1365501
Neal Myron Epstein	Managing director	1 Jul 2003	Other	1579129
Carol Leigh Eddy	Managing director	1 Jul 2003	Other	1686977
Larry Wayne Seibert	Vice chairman	1 Aug 2003	Other	2410840
Lisa Donoghue Phelan	Chief compliance officer	1 Oct 2004	Other	2562069
Christopher Kerr Lavagnino	Chief compliance officer	1 Oct 2004	Other	2960731
Daniel Howard Carlson	Chief marketing officer	1 Apr 2008	Other	2683536
Larry Arthur Medin	President, head of distribution and sales	1 Apr 2008	Other	330954
Michael Case Smith	Managing director	1 Jul 2008	Other	1845505

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Douglas Louis Dumond	Chrmn, president, ownr - class a&b	1 Oct 2002	Other	1392225
Charles Sauveur Bonan	Mng dir, ownr - class a&b	1 Oct 2002	Other	4677295
Mona Aboelnaga	Vice chrmn, ownr - class b	1 Oct 2002	Other	2085071
Neal Myron Epstein	Mng dir, ownr - class b	1 Nov 2002	Other	1579129
James Craig Coley	Vice chrmn, ownr - class a&b	1 Feb 2003	Other	1365501
Bruce Edward Kiley	Cfo, ownr - class a&b	1 Apr 2003	Other	4677304

Based in New York

The principal office where Oam Avatar LLC performs its advisory services is located at 575 Lexington Avenue, New York, NY 10022, 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 212-624-1900 or by fax 212-624-1934. The normal business hours are 9:00 am - 5:30 pm on Monday - Friday. You can find more information about the New York firm at www.avatar-asset.com.