Avisen Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, education planning, estate planning, insurance, and tax planning. Financial planning was provided to 51–100 clients last fiscal year.
Avisen Advisors reports 191 clients. They include 100 individual clients and 91 high-net-worth individuals. Of its assets, 98.7% ($384M across 436 accounts) are managed with discretion; $5.05M across 2 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 52% | 12% |
| High-net-worth individuals | 48% | 84% |
| Pension and profit-sharing plans | Fewer than 5 | 1% |
| Charitable organizations | Fewer than 5 | 2% |
| Corporations and other businesses | Fewer than 5 | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 100 | $47.8M | 12.3% | $478K |
| High-net-worth individuals | 91 | $325M | 83.5% | $3.57M |
| Pension and profit-sharing plans | Fewer than 5 | $5.42M | 1.4% | — |
| Charitable organizations | Fewer than 5 | $8.29M | 2.1% | — |
| Corporations and other businesses | Fewer than 5 | $2.55M | 0.7% | — |
| Total | 191 | $389M | 100% | — |
- Clients
- 100
- Regulatory AUM
- $47.8M
- AUM share
- 12.3%
- Avg. per client
- $478K
- Clients
- 91
- Regulatory AUM
- $325M
- AUM share
- 83.5%
- Avg. per client
- $3.57M
- Clients
- Fewer than 5
- Regulatory AUM
- $5.42M
- AUM share
- 1.4%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $8.29M
- AUM share
- 2.1%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $2.55M
- AUM share
- 0.7%
- Avg. per client
- —
Total
- Clients
- 191
- Regulatory AUM
- $389M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
Avisen Advisors is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Hourly consulting
- Hourly consulting is billed at $300 an hour, due on completion of the project.
- Initial financial plan
- Fixed fees for an initial financial plan typically range from $600 to $6,000, depending on goals and complexity.
Kenneth Brown owns 50% to 75% of Avisen Advisors. The leadership team of Avisen Advisors includes Chief Compliance Officer Alan Robello. It has 9 employees.
Leadership
- Alan RobelloManaging Member & Chief Compliance Officer
- Kenneth BrownManaging Member
Investment adviser representatives
9 representatives listed in the SEC register as of 9 October 2026.
- David Loten Baskins
- Linda May Becker
- Kenneth Elvin Brown
- Jason T Feil
- Terry George Feil JR
- Martin Theodore Herman
- Dusty Hoetger
- Michelle Joann Kessel-Harbart
- Alan Wayne Robello JR
Staff
- 9 employees
- 9 in advisory functions
- 9 state-registered reps
- 9 broker-dealer reps
- 2 insurance agents
- Owns 50% to 75% of Avisen Advisors, LLC
Kenneth Brown
Control person · since May 2001
- Owns 50% to 75% of Avisen Advisors, LLC
Alan Robello
Control person · since May 2001
Avisen Advisors’ regulatory assets grew 1.5× from $258M (April 2021) to $389M (March 2026); clients rose from 170 to 191 and employees from 8 to 9.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $389M | 191 | 9 | 2 |
| March 2025 | $356M | 190 | 9 | 2 |
| May 2024 | $305M | 178 | 9 | 2 |
| March 2023 | $258M | 191 | 8 | 2 |
| March 2022 | $311M | 179 | 8 | 2 |
| April 2021 | $258M | 170 | 8 | 2 |
Besides its headquarters, Avisen Advisors has 1 office, with 2 listed addresses in California and Nevada.
California · 1 listed address
- 3620 American River Drive, Suite 145, SacramentoHQ
Nevada · 1 listed address
- 6880 S. McCarran BLVD, Reno
Contact and registration details
- Legal name
- Avisen Advisors, LLC
- Headquarters
- 3620 American River Drive, Suite 145, Sacramento, CA 95864
- Website
- avisenadvisors.com
- Phone
- 916-480-2747
- SEC file
- 801-67652
- Founded
- 2001
- Structure
- California LLC
- Fiscal year end
- December
Avisen Advisors uses Pershing ($389M) as custodian for its separately managed accounts. Avisen Advisors does not have custody of client assets.
- PershingPershing LLC · Jersey City, NJ · $389M100%
At year end, Avisen Advisors’ separately managed accounts were mostly in stocks (68%) and bonds (12%).
What the accounts hold
- Stocks68%
- Funds9%
- Bonds12%
- U.S. government and agency bonds8%
- State and local bonds3%
- Investment grade corporate bonds1%
- Cash11%
How many clients does Avisen Advisors have?
Avisen Advisors has 191 clients and manages $389 million for them, as of March 2026. They include 100 individual clients and 91 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 20 March 2026
What services does Avisen Advisors offer?
Avisen Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, education planning, estate planning, insurance, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
Which custodians does Avisen Advisors use?
Avisen Advisors’ separately managed account assets are held at Pershing LLC (Jersey City, NJ), with $389M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 20 March 2026
How many financial advisors does Avisen Advisors have?
Avisen Advisors has 9 investment adviser representatives registered with state securities authorities, out of 9 employees, and 9 perform investment advisory functions. 9 employees are registered representatives of a broker-dealer and 2 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Avisen Advisors invest in?
At the end of its last fiscal year, Avisen Advisors’ separately managed accounts held 68% exchange-traded equities, 11% cash and equivalents, 9% registered funds (mutual funds, ETFs, BDCs), 8% U.S. government and agency bonds, 3% state and local bonds and 1% investment grade corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Avisen Advisors?
Avisen Advisors’ direct owners are Kenneth Brown (50% to 75%) and Alan Robello (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 20 March 2026
How does Avisen Advisors get paid?
Avisen Advisors is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Avisen Advisors?
Avisen Advisors’ main office is at 3620 American River Drive, Suite 145, Sacramento, CA 95864. Its phone number is 916-480-2747. Its website is avisenadvisors.com.