Avestar Capital, Llc
- Regulatory AUM
- $2.1B
- Discretionary
- $2.1B
- Clients
- 187
- Avg AUM / client
- $11.1M
- Accounts
- 190
- Employees
- 16
AUM over time
Annual snapshots from Form ADV filings · as of Jul 17, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 28 | $16.9M | 0.82% |
| High net worth individuals | 142 | $2.0B | 94.9% |
| Pooled investment vehicles (non-investment companies) | 4 | $61.7M | 2.99% |
| Charitable organizations | 5 | $20.5M | 0.99% |
| Corporations and other businesses | 8 | $6.8M | 0.33% |
Private funds (3)
Reported in Form ADV Section 7.B.(1), filing of Jun 2024 · $19.6M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Avestar Structured Note Spv, Lp | Other Private Fund | Delaware | $10.8M | 21 |
| 3 Alpha Wpgg 14 Spv, Lp feeder | Other Private Fund | Delaware | $5.5M | 30 |
| Avestar Global Growth Strategy Sp | Hedge Fund | Cayman Islands | $3.3M | 8 |
People (16)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Mullan, Shilpa, Konduri | President | Sep 2019 (7y) | 50% – 75% | |
| Gillespie, Stacey, Jean | Chief Compliance Officer | Mar 2020 (6y) | Less than 5% | |
| Brian James Fullerton | Chief Investment Officer | CFA | May 2024 (2y) | Less than 5% |
| Christopher Dunne | Registered representative | CFP | Feb 2022 (4y) | |
| Sanjeet Kishore Dass | Registered representative | Mar 2022 (4y) | ||
| Michael C Kettner | Registered representative | May 2022 (4y) | ||
| Michael Eric Trapp | Registered representative | Jul 2023 (3y) | ||
| Connor M Tendall | Registered representative | CFP | Jan 2025 (2y) | |
| Raymond Baldeo Balroop | Registered representative | Jan 2025 (2y) | ||
| Xerxes Soli Mullan | Registered representative | Apr 2025 (1y) | ||
| Jonathan Daniel Shaban | Registered representative | CFA | Jun 2025 (1y) | |
| Jason Mcmillen | Registered representative | CFP | Jul 2025 (1y) | |
| Akshat Bhargava | Registered representative | CFP | Feb 2026 (0y) | |
| Angela Liu | Registered representative | Mar 2026 (0y) | ||
| Samandar Kasimov | Registered representative | Apr 2026 (0y) | ||
| Michael Emilio Silvestri | Registered representative | Jul 2026 (0y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Atash Holdings Llc | Owner | Jan 2019 | A | 75% or more |
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.
Private funds (3, $19.6M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Avestar Structured Note Spv, Lp | Other Private Fund | $10.8M | $100K | 21 |
| 3 Alpha Wpgg 14 Spv, Lp | Other Private Fund | $5.5M | $250K | 30 |
| Avestar Global Growth Strategy Sp | Hedge Fund | $3.3M | $100K | 8 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 07/17/2026 | 2.29 MB | 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
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for pooled investment vehicles
- • Selection of other advisers
Custody
Reported custodians
- Charles Schwab & Co. $915M (44% of AUM) Jul 2026
- National Financial Services (Fidelity) $641M (92% of AUM) Jan 2022
- Pershing $620M (30% of AUM) Jul 2026
- Stifel, Nicolaus & Company, Incorporated $14.3M (1% of AUM) Aug 2025
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having 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: Jul 17, 2026.
View current Form ADV (SEC/IAPD) ↗