Aspen Grove Capital, Llc (Avon)
Aspen Grove Capital, Llc Is a Large Advisory Firm Based in Avon. It Manages $2.69 Billion of Regulatory Assets for 982 Client Accounts. It Has Been Registered...
Aspen Grove Capital, LLC is a large advisory firm based in Avon. It manages $2.69 billion of regulatory assets for 982 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of Colorado.
Aspen Grove Capital provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and bill paying services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Aspen Grove Capital: assets under management
The assets under management (AUM) of Aspen Grove Capital, LLC is $2.69 billion. The firm's AUM has grown by 220% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The firm manages $1.79 billion in discretionary accounts and $897.98 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.37 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.99 million.
Aspen Grove Capital has custody of $2.02 billion in cash and securities for 10 clients in total but doesn’t act as a qualified custodian.
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Investments
The firm invests in exchange traded securities the most. They account for 43% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 16% of the firm’s portfolio. Investments in other assets form 12% of the total invested assets.
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