DOWNTOWN WEALTH STUDIOS, LLC
Adviser information for DOWNTOWN WEALTH STUDIOS, LLC last updated from Form ADV on March 11th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Florida, United States |
Employees
| Total Number of Employees | 5 |
|---|---|
| Investment Advisory/Research | 4 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 4 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 82 | $20.0M |
| Non-Discretionary | 34 | $866.4M |
| Total | 116 | $886.3M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 5 | $1.7M |
| HNW Individuals | 32 | $882.5M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | <5 | $2.1M |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 0 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businesses |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
Identifiers
| SEC RIA File Number | 801-127415 |
|---|---|
| SEC ERA File Number | 801-127415 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 325213 |
| Legal Entity Identifier | None |
Principal Office
218 NORTHWEST 24TH ST.MIAMI
FL
United States
Monday - Friday, BY APPOINTMENT
Tel: 888-240-2737, Fax: None
Chief Compliance Officer
JOSEPH C. CEFALU
MANAGING PARTNER
20 UNIVERSITY RD.
SUITE 500
CAMBRIDGE
MA
United States
Tel:
888-240-2737
J**@******O
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| CREATIVE WEALTH COLLABORATION LLC | Domestic Entity | – | MANAGING MEMBER/HOLDING COMPANY | 01/2023 | > 75% |
| Cefalu, Joseph, Christopher | Individual | – | MANAGING PARTNER, CHIEF COMPLIANCE OFFICER | 03/2023 | < 5% |
| Cefalu, Joseph, Christopher | Individual | CREATIVE WEALTH COLLABORATION LLC | MANAGING MEMBER | 03/2023 | > 75% |