Investment adviser · CRD 112556

AVALON INVESTMENT & ADVISORY

Investment adviser filing (IA)

AVALON ADVISORS LLC

HOUSTON, TX, United States · Form ADV filed Aug 2, 2023

Regulatory AUM: $7.3B
Client accounts: 2,101
Employees: 55
Advisory professionals: 32

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
High-net-worth individuals	1,207	$4,992,252,557	68.4%
Pooled investment vehicles	7	$964,135,427	13.2%
Charities	98	$681,995,335	9.3%
Insurance companies	8	$192,808,870	2.6%
Individuals	327	$179,629,949	2.5%
Corporations & businesses	17	$174,782,843	2.4%
Retirement plans	4	$68,043,839	0.9%
Banks & thrifts	1	$32,421,628	0.4%
Other clients	Fewer than 5	$16,798,093	0.2%

Filing source

Form ADV 1778535 · Aug 2, 2023 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

20 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

AVALON INVESTMENT PARTNERS, LLC (CLASS INCOME PRODUCING REAL ASSETS)Other Private Fund · Last reported Aug 2, 2023$296MGross asset value

Fund administrator SS&C GLOBEOP DIVISION OF SS&C TECHNOLOGIES, INC HALIFAX, Canada Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP SALT LAKE CITY, Utah, United States

Custodian ZIONS BANCORPORATIONS, N.A. SALT LAKE CITY, Utah, United States Related to adviser: No

Marketer AVALON WEALTH MANAGEMENT LLC HOUSTON, Texas, United States Related to adviser: Yes

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

ZIONS BANCORPORATIONS, N.A.
LEI 8WH0EE09O9V05QJZ3V89

AVALON WEALTH MANAGEMENT LLC
CRD 162745 · SEC 8-69066

Fund details & source

Fund ID: 805-9757208329
Reported beneficial owners: 186
Minimum commitment: $250K

Form ADV 1778535 · Aug 2, 2023 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

AVALON INVESTMENT PARTNERS, LLC (CLASS DIVERSIFYING STRATEGIES)Other Private Fund · Last reported Aug 2, 2023$105MGross asset value

Fund administrator SS&C GLOBEOP DIVISION OF SS&C TECHNOLOGIES, INC HALIFAX, Canada Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP SALT LAKE CITY, Utah, United States

Custodian ZIONS BANCORPORATIONS, N.A. SALT LAKE CITY, Utah, United States Related to adviser: No

Marketer AVALON WEALTH MANAGEMENT LLC HOUSTON, Texas, United States Related to adviser: Yes

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

ZIONS BANCORPORATIONS, N.A.
LEI 8WH0EE09O9V05QJZ3V89

AVALON WEALTH MANAGEMENT LLC
CRD 162745 · SEC 8-69066

Fund details & source

Fund ID: 805-5009889374
Reported beneficial owners: 76
Minimum commitment: $250K

Form ADV 1778535 · Aug 2, 2023 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

AVALON HIGH INCOME MUNICIPAL FUND, L.P.Other Private Fund · Last reported Aug 2, 2023$87.5MGross asset value

Fund administrator SS&C GLOBEOP DIVISION OF SS&C TECHNOLOGIES, INC HALIFAX, Canada Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor MELTON & MELTON LLP HOUSTON, Texas, United States

Custodian NATIONAL FINANCIAL SERVICES LLC WESTLAKE, Texas, United States Related to adviser: No

Marketer AVALON WEALTH MANAGEMENT LLC HOUSTON, Texas, United States Related to adviser: Yes

Prime broker NATIONAL FINANCIAL SERVICES LLC WESTLAKE, Texas, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

MELTON & MELTON LLP
PCAOB 777

NATIONAL FINANCIAL SERVICES LLC
SEC 8-26740

AVALON WEALTH MANAGEMENT LLC
CRD 162745 · SEC 8-69066

NATIONAL FINANCIAL SERVICES LLC
CRD 13041 · SEC 8-26740

Fund details & source

Fund ID: 805-4723703033
Reported beneficial owners: 97
Minimum commitment: $75K
Form D file number: 021-183570

Form ADV 1778535 · Aug 2, 2023 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

AVALON GLOBAL REAL ASSETS FUND, LPPrivate Equity Fund · Last reported Aug 2, 2023$76.5MGross asset value

Fund administrator SS&C GLOBEOP DIVISION OF SS&C TECHNOLOGIES, INC HALIFAX, Canada Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor MELTON & MELTON, LLP HOUSTON, Texas, United States

Custodian NATIONAL FINANCIAL SERVICES LLC WESTLAKE, Texas, United States Related to adviser: No

Marketer AVALON WEALTH MANAGEMENT LLC HOUSTON, Texas, United States Related to adviser: Yes

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

MELTON & MELTON, LLP
PCAOB 777

NATIONAL FINANCIAL SERVICES LLC
SEC 8-26740

AVALON WEALTH MANAGEMENT LLC
CRD 162745 · SEC 8-69066

Fund details & source

Fund ID: 805-5786054497
Reported beneficial owners: 78
Minimum commitment: $500K
Form D file number: 021-216839

Form ADV 1778535 · Aug 2, 2023 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

AVALON INVESTMENT PARTNERS, LLC (CLASS 2020 PRIVATE CAPITAL PE-V-RE)Other Private Fund · Last reported Aug 2, 2023$67.5MGross asset value

Fund administrator SS&C GLOBEOP DIVISION OF SS&C TECHNOLOGIES, INC HALIFAX, Canada Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP SALT LAKE CITY, Utah, United States

Custodian ZIONS BANCORPORATION, N.A. SALT LAKE CITY, Utah, United States Related to adviser: No

Marketer AVALON WEALTH MANAGEMENT LLC HOUSTON, Texas, United States Related to adviser: Yes

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

ZIONS BANCORPORATION, N.A.
LEI 8WH0EE09O9V05QJZ3V89

AVALON WEALTH MANAGEMENT LLC
CRD 162745 · SEC 8-69066

Fund details & source

Fund ID: 805-5270177692
Reported beneficial owners: 91
Minimum commitment: $250K
Form D file number: 021-387117

Form ADV 1778535 · Aug 2, 2023 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

AVALON INVESTMENT PARTNERS, LLC (CLASS GHOST TREE)Private Equity Fund · Last reported Aug 2, 2023$66.6MGross asset value

Fund administrator SS&C GLOBEOP DIVISION OF SS&C HALIFAX, Canada Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSE COOPERS LLP SALT LAKE CITY, Utah, United States

Custodian ZION BANSCOPORATIONSM N.A. SALT LAKE CITY, Utah, United States Related to adviser: No

Marketer AVALON WEALTH MANAGEMENT LLC HOUSTON, Texas, United States Related to adviser: Yes

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

PRICEWATERHOUSE COOPERS LLP
PCAOB 238

ZION BANSCOPORATIONSM N.A.
LEI 8WH0EE09O9V05QJZ3V89

AVALON WEALTH MANAGEMENT LLC
CRD 162745 · SEC 8-69066

Fund details & source

Fund ID: 805-2656411342
Reported beneficial owners: 76
Minimum commitment: $250K

Form ADV 1778535 · Aug 2, 2023 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

AVALON INVESTMENT PARTNERS, LLC (CLASS 2020 PRIVATE CAPITAL PE-V)Private Equity Fund · Last reported Aug 2, 2023$62.2MGross asset value

Fund administrator SS&C GLOBEOP DIVISION OF SS&C TECHNOLOGIES, INC HALIFAX, Canada Investor statements: Yes (provided to all investors) Related to adviser: Yes

Auditor PRICEWATERHOUSECOOPERS LLP SALT LAKE CITY, Utah, United States

Custodian ZIONS BANCORPORATION, N.A. SALT LAKE CITY, Utah, United States Related to adviser: No

Marketer AVALON WEALTH MANAGEMENT LLC HOUSTON, Texas, United States Related to adviser: Yes

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

ZIONS BANCORPORATION, N.A.
LEI 8WH0EE09O9V05QJZ3V89

AVALON WEALTH MANAGEMENT LLC
CRD 162745 · SEC 8-69066

Fund details & source

Fund ID: 805-4145413878
Reported beneficial owners: 79
Minimum commitment: $250K
Form D file number: 021-387114

Form ADV 1778535 · Aug 2, 2023 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Aug 2, 2023. View historical filings

Reported services

Financial planning · Individual portfolio management · Pooled investment vehicle management · Business portfolio management · Selection of other advisers · Educational seminars

Compensation

Percentage of assets · Fixed · Performance-based

Principal office

2929 ALLEN PARKWAY, SUITE 3000
HOUSTON, TX, 77019-7124, United States

CRD 112556

Filing source

Form ADV 1778535 · Aug 2, 2023 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.