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Auxi Asset Management, LLC

Updated today

Client assets under management

$97,300,000

Clients

58

72% high-net worth

Advisors

2

of 2 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

29

Low

Average account size

$1,677,586

About

Auxi Asset Management provides discretionary and non-discretionary investment advisory and portfolio management to individuals, corporations and institutions, including pension plans, endowments, trusts and charitable organizations. The firm also offers wrap-fee programs and, on occasion, acts as a general partner or sub-adviser to pooled investment vehicles and private funds.

Auxi implements an active, multi-strategy approach that combines multiple asset classes and sectors into consolidated portfolios, with stated strategies including Opportunistic Growth, Moderate Growth, Strategic Income and Customized allocations. The firm’s process emphasizes macroeconomic positioning, tax sensitivity and use of a broad set of instruments — individual equities and bonds, mutual funds and ETFs, options and alternative investments — to pursue a managed risk-return balance and downside control.

Noteworthy for a small advisory team, Auxi manages approximately $97.3 million for 58 clients with two advisors and maintains both discretionary ($74.8 million) and a sizable nondiscretionary ($22.5 million) asset base. The firm typically uses Fidelity as custodian but may execute trades away from that custodian or utilize prime brokerage when appropriate, and it documents flexibility to accept smaller accounts or specialized arrangements (including use of margin and private partnerships) on a case-by-case basis.

Client services

Portfolio management

Expertise

Active portfolio management Options & derivatives strategies Tax-loss harvesting

Fee options

Percentage

1% to 2% annual advisory fee, negotiated based on account size and services

Other

Account minimum: $500,000 Minimum fee: Minimum annual fee of $5,000 unless other accommodations are agreed upon Fee-only: Annual advisory fees ranging between 1% to 2% of assets under management, negotiable

Main office location

Auxi Asset Management, LLC

402 Railroad Ave, Suite 201

Danville CA 94526, United States

Number of offices

1

Most active in

California

Disclosures

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

Business activities & affiliations

Quick links

Advisors at this firm

user avatar

Salim R

Series 63, Series 65

Danville, CA

Auxi Asset Management, LLC

Salim Reshwan is a financial advisor at Auxi Asset Management, LLC with 31 years of industry experience. He holds Series 63 and Series 65 licenses and has worked at Mutual Securities, Inc from 2012 to 2020 before continuing his tenure at Auxi Asset Management since 2005. Auxi Asset Management provides investment and portfolio management services to individuals, including high-net-worth clients, as well as corporations and institutions. The firm employs an active, multi-strategy approach across various asset classes and sectors, managing approximately $99.4 million for a diverse client base through discretionary and non-discretionary advisory services.

Active portfolio management Options & derivatives strategies Tax-loss harvesting
user avatar

Dale H

Series 63, Series 65

Danville, CA

Auxi Asset Management, LLC

Dale Haithcock is a financial advisor at Auxi Asset Management, LLC with 38 years of industry experience. He holds Series 63 and Series 65 licenses and has been with Auxi Asset Management since 2005, also working at Triad Advisors and Mutual Securities, Inc. His professional background includes managing investment portfolios of equities, ETFs, and mutual funds for high-net-worth clients. Auxi Asset Management provides investment and portfolio management services to individuals, corporations, and institutions, employing an active, multi-strategy approach across various asset classes. The firm manages approximately $99.4 million for 58 clients and offers both discretionary and non-discretionary advisory services, including private pooled investment vehicles.

Active portfolio management Options & derivatives strategies Tax-loss harvesting
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