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Aurora Investment Managers, LLC

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Client assets under management

$324,107,614

Clients

185

30% high-net worth

Advisors

2

of 4 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

93

High

Average account size

$1,751,933

About

Aurora Investment Managers is a fee-only registered investment adviser that provides discretionary portfolio management to individuals, pension and profit‑sharing plans, trusts, estates, charitable organizations, corporations, and other business entities. A compact advisory team of two manages roughly $359 million in client assets across about 185 client relationships, offering tailored investment advice and implementation for individual and institutional clients.

The firm gathers suitability information to design and monitor portfolios and typically operates under discretionary authority to make security selections and rebalance positions. Aurora combines fundamental and technical analysis, employs both long‑ and short‑term purchase strategies (including occasional short sales), and uses block trading to allocate aggregated orders across client accounts.

Notable features relative to many peers include a high assets‑per‑advisor ratio and an explicit policy not to accept performance‑based fees and not to vote client proxies (clients receive proxy materials directly). The brochure also discloses a historical administrative state filing matter from 2015 (a $4,000 fine) and notes that the firm debits advisory fees directly from custodian accounts while generally relying on custodian statements rather than providing separate regular written reports.

Client services

Portfolio management

Expertise

Active portfolio management

Fee options

Percentage

$1 - $3,000,000: 1.00% $3,000,001 - $5,000,000: 0.80% $5,000,001 - $8,000,000: 0.60% $8,000,001+: 0.40%

Other

Account minimum: $100,000 Fee-only: Fee-only independent financial adviser; fees based on assets under management

Main office location

Aurora Investment Managers, LLC

4850 Tamiami Trail N, Suite 301

Naples FL 34103, United States

Number of offices

1

Most active in

Connecticut · Florida · Louisiana · Massachusetts · New Hampshire · New York · Texas · Washington

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Shakeel D

Series 66

Naples, FL

Aurora Investment Managers, LLC

Shakeel Dewji is a financial advisor at Aurora Investment Managers, LLC with 25 years of industry experience. He holds the Series 66 designation and has been with Aurora Investment Managers since 2008. Aurora Investment Managers is a fee-only registered investment adviser managing approximately $323 million across about 179 client accounts. The firm offers customized portfolio management and investment advice to individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, corporations, and other business entities, employing a strategy that integrates fundamental and technical analysis with both long- and short-term positions.

Active portfolio management
user avatar

Ashley S

Series 63, Series 65

Naples, FL

Aurora Investment Managers, LLC

Ashley Smith is a financial advisor at Aurora Investment Managers, LLC with 11 years of industry experience. Prior to joining Aurora in 2024, she worked at J.P. Morgan Securities and JPMorgan Chase Bank from 2014 to 2024. She holds Series 63 and Series 65 licenses. Outside of her advisory role, Smith serves as an officer and board member on the Finance Committee and Chair of the Planned Giving Council for Gulfshore Playhouse in Naples, FL. Aurora Investment Managers is a fee-only registered investment adviser managing approximately $323 million across 179 client accounts. The firm offers customized portfolio management and investment advice to individuals, institutions, and charitable organizations, employing both fundamental and technical analysis with a mix of long- and short-term positions.

Active portfolio management
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