Acorn Capital Advisors, LLC Account Type

Acorn Capital Advisors, LLC primarily manages assets for pooled investment vehicles, with a total of 2 customer accounts. The typical account size is approximately $221.2 million, indicating a focus on high-net-worth clients, particularly corporations. The firm does not manage accounts for high-net-worth individuals or charitable organizations, making it suitable for institutional investors seeking personalized financial management.

Acorn Capital Advisors, LLC Broker Account Opening Process

To open an account with Acorn Capital Advisors, LLC, potential clients must follow these steps:

• Eligibility Requirements: Ensure you qualify as a corporation or pooled investment vehicle since Acorn Capital primarily serves these types of clients.

• Contact the Firm: Since Acorn Capital Advisors does not provide a standard online account opening process, interested parties should reach out directly to their office located at 420 Lexington Avenue, New York, NY 10170.

• Documentation: Prepare necessary documentation, which may include corporate identification and financial statements, as the firm requires a thorough understanding of the client's financial background.

• Account Approval: Once the required documents are submitted, Acorn Capital Advisors will review the application and may take time to approve the account based on internal criteria.

• Funding the Account: After approval, clients will need to fund their accounts as per the firm's guidelines, which typically involve transferring assets to be managed.

• Account Management: Post-funding, clients will have their accounts managed on a discretionary basis, allowing the firm to make investment decisions without needing client approval for each transaction.