{"url":"https://nivawealth.com/firms/avisen-advisors-113791","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/113791","regulatoryAum":388961011,"crd":"113791","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"704432","suffix":null,"lastName":"BASKINS","firstName":"DAVID","middleName":"LOTEN"},{"crd":"1228907","suffix":null,"lastName":"BECKER","firstName":"LINDA","middleName":"MAY"},{"crd":"1014957","suffix":null,"lastName":"BROWN","firstName":"KENNETH","middleName":"ELVIN"},{"crd":"5978696","suffix":null,"lastName":"FEIL","firstName":"JASON","middleName":"T"},{"crd":"832849","suffix":"JR","lastName":"FEIL","firstName":"TERRY","middleName":"GEORGE"},{"crd":"243828","suffix":null,"lastName":"HERMAN","firstName":"MARTIN","middleName":"THEODORE"},{"crd":"5015684","suffix":null,"lastName":"HOETGER","firstName":"DUSTY","middleName":null},{"crd":"2643908","suffix":null,"lastName":"KESSEL-HARBART","firstName":"MICHELLE","middleName":"JOANN"},{"crd":"1625027","suffix":"JR","lastName":"ROBELLO","firstName":"ALAN","middleName":"WAYNE"}],"total":9,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-04-15","regulatoryAum":258203948,"clients":170,"employees":8,"offices":2},{"filedOn":"2022-03-25","regulatoryAum":311050510,"clients":179,"employees":8,"offices":2},{"filedOn":"2023-03-27","regulatoryAum":258442908,"clients":191,"employees":8,"offices":2},{"filedOn":"2024-05-08","regulatoryAum":305430986,"clients":178,"employees":9,"offices":2},{"filedOn":"2025-03-13","regulatoryAum":356123136,"clients":190,"employees":9,"offices":2},{"filedOn":"2026-03-20","regulatoryAum":388961011,"clients":191,"employees":9,"offices":2}],"secFileNumber":"801-67652","legalName":"Avisen Advisors, LLC","displayName":"Avisen Advisors","slug":"avisen-advisors-113791","website":"https://avisenadvisors.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":"2001","organization":"California limited liability company","fiscalYearEnd":"December","headquarters":{"street":"3620 American River Drive, Suite 145","city":"Sacramento","state":"CA","stateName":"California","country":"United States","postalCode":"95864"},"tradeNames":[],"registration":{"secApproved":"7 May 2007","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1951346.3298429318,"staff":{"employees":9,"advisory":9,"brokerDealerReps":9,"insuranceAgents":2,"promoters":0},"aum":{"regulatory":388961011,"discretionary":383909685,"discretionaryAccounts":436,"nonDiscretionary":5051326,"nonDiscretionaryAccounts":2,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":100,"regulatoryAum":47820469},{"label":"High-net-worth individuals","clients":91,"regulatoryAum":324886680},{"label":"Pension and profit-sharing plans","clients":null,"fewerThan5":true,"regulatoryAum":5421083},{"label":"Charitable organizations","clients":null,"fewerThan5":true,"regulatoryAum":8286246},{"label":"Corporations and other businesses","clients":null,"fewerThan5":true,"regulatoryAum":2546533}],"feePrograms":[{"role":"other","program":"Hourly consulting","summary":"Hourly consulting is billed at $300 an hour, due on completion of the project.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1022450","versionId":1022450,"submittedOn":"2026-03-20","documentName":"ADV PART 2A BROCHURE"},{"role":"other","program":"Initial financial plan","summary":"Fixed fees for an initial financial plan typically range from $600 to $6,000, depending on goals and complexity.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1022450","versionId":1022450,"submittedOn":"2026-03-20","documentName":"ADV PART 2A BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T08:32:42.059357+00:00","documents":[{"name":"ADV PART 2A BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1022450","versionId":1022450,"submittedOn":"2026-03-20"}]},"custodians":[{"name":"Pershing LLC","shortName":"Pershing","location":"Jersey City, NJ","smaAssets":388961011}],"custodyNote":"Avisen Advisors does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Alan Robello","title":"Managing Member & Chief Compliance Officer","crd":"1625027"},{"name":"Kenneth Brown","title":"Managing Member","crd":"1014957"}],"ownership":[{"label":"Kenneth Brown","detail":"Managing member in the 50% to 75% ownership band and a control person, since May 2001."},{"label":"Alan Robello","detail":"Managing member & chief compliance officer in the 50% to 75% ownership band and a control person, since May 2001."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"3620 American River Drive, Suite 145","city":"Sacramento","headquarters":true}]},{"state":"Nevada","offices":1,"addresses":[{"street":"6880 S. McCarran BLVD","city":"Reno"}]}],"brochureServices":["education planning","estate planning","insurance","tax planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"916-480-2747","stateRegisteredReps":9,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"51-100","assetMix":[{"label":"Exchange-traded equity securities","percent":68},{"label":"U.S. government/agency bonds","percent":8},{"label":"U.S. state and local bonds","percent":3},{"label":"Investment grade corporate bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":9},{"label":"Cash and cash equivalents","percent":11}],"privateFunds":0},"sources":{"adv1FilingDate":"20 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/113791/PDF/113791.pdf","brochureDate":"20 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1022450","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Avisen Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Avisen Advisors offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Avisen Advisors use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Avisen Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Avisen Advisors invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Avisen Advisors?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Avisen Advisors get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Avisen Advisors?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 20 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}