Erguz, LLC

Erguz primarily serves high-net-worth individuals through discretionary asset management and also provides sub-advisory services to other advisors; the firm reports managing roughly $889 million in discretionary assets across about 51 client relationships. The brochure notes that client goals and restrictions are documented and that Erguz does not participate in wrap fee programs.

Portfolios are managed on a discretionary basis using a mix of fundamental, technical, and cyclical analysis and may include ETFs, options, derivatives, margin, and exposure to non‑U.S. and emerging‑market securities. The firm conducts account reviews at least quarterly, offers periodic reporting and at minimum annual client meetings, and allows clients to impose written investment restrictions.

Distinctive features include operating as a solo practitioner despite being classified in a team category, with a single owner/registered advisor who also serves as the firm’s compliance officer—an arrangement the brochure flags as a business succession risk. The firm’s unusually high assets-per-advisor, a disclosed sub‑advisory relationship with an advisory firm owned by a family member, and explicit disclosures about investing in non‑U.S. securities and related currency and political risks are notable relative to peers.