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Aviance Capital Management

2080 Ringling Boulevard
Sarasota, Florida 34237
United States
 
Contact :      Michael Dixon
Phone :       941-441-1912
Fax :             941-918-8696
Email :         MJD@AvianceCapital.com
Web :           http://www.AvianceCapital.com

Aviance Capital Management Information

Type of organization : Limited Liability Company
Total Assets Managed ($Mil) : $128
Tax-Exempt Managed ($Mil) : $48
Taxable Assets Managed ($Mil) : $228
Year Founded : 2004
Wrap Programs Offered? : Yes
# of Accounts Managed : 125
In-House Research : 85 %
Carries liability insurance? : Yes
Errors & Omission Insurance? : Yes
Socially Responsible? : No
Minority Owned? : No
Wrap Program Description  
In $ Thousands
Smith Barney   $250,000
Robert Baird   $250,000
Fidelity   $100,000
Schwab   $100,000

Aviance Capital Management History

Aviance Capital Management was formed in late 2006 in a spin off from Global Financial Private Capital. Aviance Capital Management is owned by Michael Dixon, Edward Bertelsen, Chris Bertelsen and Gary Dvorchak. Together, the four each own 20% of Aviance. Michael Dixon holds leadership roles at both GFPC and Aviance. Chris Bertelsen is our Chief Investment Officer, and developed the firmís Value products based on his extensive experience in the institutional asset management business. Gary Dvorchak, CFA, joined in the fall of 2005 to develop and manage the firmís Growth products. In 2007, First Trust Advisors LP purchased a 20% interest in Aviance. The First Trust purchase is part of a marketing partnership in which Aviance will sub-advise one or more First Trust products. First Trust is an asset management organization based in Lisle IL with approximately $17 billion under management/supervision. First Trust is owned by the Van Kampen family and senior management.

Assets by Client Category Professional Categories
Assets   # of Clients Amount ($Mil)  
Individuals/Trusts :
253
$139.218778
 
Limited Partnership :
3
$2.75557
 
Foundations :
1
$0.129139
ERISA :
Unions, Taft-Hartley :
3
$1.787335
Public :
2
$14.408951
Others :
10
$69.385355
Total # of Professional : 8 Analysts : 0
Portfolio Managers : 5 Traders : 2
Client Service : 0 Operation : 1

Aviance Capital Management Personnel

Mr.  Gary Dvorchak

Portfolio Manager
Tel : (213) 996-8454
Email: gtd@aviancecapital.com
Gary Dvorchak, CFA has 15 years of experience in the investment advisory business. Before joining ACM, Mr. Dvorchak founded Channel Island Partners, a hedge fund investment advisor. Previously, he managed a proprietary account for EGM Capital. Prior to EGM, he was a senior portfolio manager at Provident Investment Counsel, a Pasadena institutional asset manager. He spent five years as a senior analyst and member of the investment committee at Sit Investment Associates, an institutional investment manager based in Minneapolis. In 1992, Mr. Dvorchak earned an MBA from the Kellogg Graduate School of Management at Northwestern University. He graduated Phi Beta Kappa from the University of Iowa in 1986. Mr. Dvorchak earned the Chartered Financial Analyst designation in 1996.

Mr.  Chris Bertelsen

Portfolio Manager
Tel : (941) 441-1696
Email: ccb@aviancecapital.com
Chris Bertelsen has 37 years of investment experience. Previously, Mr. Bertelsen was director of the value equity group for Phoenix Investment Counsel. He served as Chief Investment Officer at Dreman Value Advisors, and was a Senior Vice President with Eagle Asset Management. Mr. Bertelsen headed the equity investment department at Colonial Advisory Services, Inc., and managed The Colonial Fund. He also held positions with Batterymarch Financial Management, and State Street Bank & Trust Company. Mr. Bertelsen holds an M.B.A. and a B.A. in Economics and History from Boston University.

Aviance Capital Management Product Name

Disciplined Growth:Privately Managed Accounts
Disciplined Value:Privately Managed Accounts
Report Created: September,25 2018.  Copyright Money Manager Review , All rights Reserved.
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