Powell Investment Advisors, LLC

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Client assets under management

$586,701,908

Clients

100% high-net worth

Advisors

of 2 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

Very Low

Average account size

$9,944,100

About

Powell Investment Advisors, LLC provides fee‑only, discretionary portfolio management primarily to high‑net‑worth individuals and to qualified investors in pooled vehicles. Its services include individualized investment management across equities, fixed income, mutual funds, ETFs and alternative strategies, and the firm also sponsors and manages private pooled investment vehicles.

The firm builds asset allocation plans after client intake questionnaires and risk‑tolerance assessment, applying a combination of fundamental, technical and cyclical analysis and elements of modern portfolio theory to guide discretionary trading. Powell may recommend or use alternative strategies — including leveraged index funds, derivatives, hedge funds and other private offerings — and incorporates tax considerations into portfolio construction and ongoing management.

Noteworthy for a team firm, Powell acts as the investment manager and sponsor for private pooled vehicles (including a closed‑end fund partnership and a series LLC structure) and accepts performance‑based compensation for those pooled investments, arrangements the brochure says are addressed through disclosure and specific custody and audit safeguards. The firm also manages a relatively large asset base for a small advisory team and does not focus on lower‑balance individual clients, signaling a concentration on larger or qualified investors.

Client services

Portfolio management Consulting

Expertise

Private / alternative investments Options & derivatives strategies

Fee options

Percentage

$0 - $3,000,000: 1.00% $3,000,001 - $5,000,000: 0.75% $5,000,001 - $7,000,000: 0.65% $7,000,001 - $10,000,000: 0.50% $10,000,001+: 0.35%

Performance-based

Performance-based fees charged for the CEF Total Return Opportunity Fund LP, applicable only to qualified investors in that fund

Other

Account minimum: $1,000,000 Minimum fee: $10,000 minimum annual fee requirement ($2,500 billed quarterly), may be waived or reduced Fee-only: Asset-based fees with tiered rates and minimum fee; no commissions charged

Main office location

Powell Investment Advisors, LLC

3444 Main Highway, Second Floor

Miami FL 33133, United States

Number of offices

Most active in

Florida

Disclosures

Business activities & affiliations

Is active or affiliated with:

Fund sponsor

They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.

Is not active or affiliated with:

Insurance agent

They sell insurance products and may earn commissions on those sales.

Broker-dealer / trader

They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.

Bank

They're affiliated with a bank that may offer its own financial products and services.

Trust company

They provide trust and estate administration services, typically for separate fees.

Accountant / CPA / tax prep

They offer tax and accounting services, typically for separate fees.

Lawyer

They provide legal services, typically billed separately.

Real estate agent

They facilitate real estate transactions and may earn commissions.

Other specialized services

They may provide services such as pension consulting or municipal advisory work, typically for separate fees.

Forms ADV

Form ADV Part 2: Client Brochure Form ADV Part 3: Client Relationship

Quick links

Website 786-470-3480

Advisors at this firm

Jesse W

CFA®, Series 63

Miami, FL

Powell Investment Advisors, LLC

Jesse Wachs is a CFA® charterholder with 13 years of industry experience, currently serving at Powell Investment Advisors, LLC since 2007. He holds a Series 63 license and is based in Miami, FL. Outside of his advisory role, he is a minority owner of an agriculture-related business, PIA Integrated LLC. Powell Investment Advisors, LLC is a fee-only registered investment adviser specializing in discretionary portfolio management for high-net-worth individuals and related pooled investment vehicles. The firm manages the CEF Total Return Opportunity Fund LP and employs a risk-focused investment process that includes fundamental, technical, and cyclical analysis across various asset classes.

Private / alternative investments Options & derivatives strategies

Todd G

Series 65

Miami, FL

Powell Investment Advisors, LLC

Todd Gross is a financial advisor at Powell Investment Advisors, LLC with 13 years of industry experience. He holds a Series 65 designation and has been with Powell Investment Advisors since 2011. Outside of his advisory role, he is a minority owner of PIA Integrated LLC, an agriculture-related business. Powell Investment Advisors is a fee-only registered investment adviser serving primarily high-net-worth individuals and related pooled investment vehicles. The firm manages discretionary portfolios with an investment process that includes risk assessment, asset allocation, and a blend of fundamental, technical, and cyclical analysis, and it also acts as a private fund adviser and sponsor for affiliated closed-end funds.

Private / alternative investments Options & derivatives strategies

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