Equity Armor Investments, Llc
- Regulatory AUM
- $184M
- Discretionary
- $184M
- Clients
- 92
- Avg AUM / client
- $2.0M
- Accounts
- 121
- Employees
- 3
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 27, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 89 | $36.8M | 20.0% |
| Investment companies | 2 | $69.6M | 37.7% |
| Other investment advisers | 1 | $77.9M | 42.3% |
People (6)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Afshin Luke Rahbari | Chief Compliance Officer, Chief Executive Officer, And Manager | Jan 2011 (16y) | 25% – 50% | |
| Brian Scott Stutland | Chief Investment Officer, And Manager | Jan 2011 (16y) | 25% – 50% | |
| Joseph Avram Tigay | Member | Jan 2013 (14y) | 10% – 25% | |
| Michael Portes Warren | Registered representative | Apr 2025 (1y) | ||
| Stephen Quinn Dallin | Registered representative | Apr 2025 (1y) | ||
| Joel Michael Vanderhoof | Registered representative | Apr 2025 (1y) |
Undisclosed: 0% – 40% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/27/2026 | 994 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for investment companies
Custody
Reported custodians
- Charles Schwab & Co. $90.3M (49% of AUM) Mar 2026
- U.S. Bancorp Investments, Inc. $87.7M (52% of AUM) Oct 2022
- Wedbush Securities Inc. $14.5M (11% of AUM) Jan 2022
- Goldman Sachs $11.8M (6% of AUM) Mar 2026
- Interactive Brokers $9.3M (5% of AUM) Mar 2026
- Aos, Inc. $1.8M (4% of AUM) May 2019
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 27, 2026.
View current Form ADV (SEC/IAPD) ↗