Equitas Capital Advisors,llc

Equitas Capital Advisors, LLC, based in New Orleans and established in September 2002, offers investment management consulting services to various clients, including high net worth individuals, pension plans, and charitable institutions. The firm tailors its services to meet each client's financial goals, providing services such as investment policy statements, asset allocation studies, and financial planning. While the firm generally does not have discretionary authority over client funds, it may provide services on a discretionary basis in some cases. Equitas sponsors a managed account wrap-fee program, where clients select independent portfolio managers to manage their assets. The firm may use sub-advisers to manage a portion of client accounts and regularly monitors their performance. Clients pay an annual fee ranging from .25% to 1.00% of their assets, with additional fees for transaction-based accounts. Equitas Evergreen Fund, L.P., a private investment vehicle, aims for capital appreciation through investments in private funds managed by hedge fund managers. The firm discloses disciplinary information related to inadvertent billing errors and has implemented policies to address conflicts of interest. Equitas emphasizes fiduciary principles and best execution practices in managing client accounts.