Description of Firm
Las Olas Capital Advisors, LLC is a registered investment adviser based in Fort Lauderdale, Florida. We are
organized as a limited liability company ("LLC") under the laws of the State of Florida. We have been providing
investment advisory services since 2015. Las Olas Capital Advisors is owned by Doris Investments II, LLC. We
are indirectly owned by Jodi Jeffreys-Tanner and Paul Corkin Tanner.
This Part 2A disclosure document is tailored to advisory services that are not part of our firm's Wrap Fee
Portfolio Management Program. If you are a prospective client of our Wrap Fee Portfolio Management Program,
we will deliver our Form ADV Part 2A Appendix 1 disclosure document to you. Our firm's advisory services
consist of Portfolio Management Services (including the use of Third-Party Managers), Financial Planning
Services, Corporate Advising Services, Investment Banking Advice, Non-Transactional Advice and Consulting,
and Proprietary Private Fund Offerings.
As used in this brochure, the words "we," "our," and "us" refer to Las Olas Capital Advisors, LLC, and the words
"you," "your," and "client" refer to you as either a client or prospective client of our firm. In addition, you may see
the term Associated Person in this brochure. Our Associated Persons are our firm's officers, employees, and all
individuals providing investment advice on behalf of our firm.
Portfolio Management Services
We offer discretionary and non-discretionary investment management services primarily through our wrap fee
program (the "Wrap Program"). Las Olas Capital Advisors is the portfolio manager and sponsor of its Wrap
Program, which is a type of portfolio management program where clients pay a single fee that includes
management fees and certain other brokerage/trading costs. In addition to the Portfolio Management Fee,
however, certain unaffiliated third parties (such as broker-dealers, custodians, trust companies, banks and other
financial institutions) may impose additional charges. These additional charges may include, but are not limited
to, fees charged by independent, unaffiliated managers, margin costs, charges imposed directly by a mutual,
index or exchange traded fund in a client’s account, as disclosed in the fund’s prospectus (e.g., fund program
fees and other fund expenses), fees and commission for assets not held with our primary custodian (such as
401(k) or 529 plan assets), fees imposed by variable annuity providers, certain deferred sales charges, odd-lot
differentials, and wire transfer and electronic fund fees. The overall cost you will incur if you participate in our
Wrap Program may be higher or lower than you might incur by separately purchasing the types of securities
available in the program. To compare the cost of the wrap fee program with non-wrap fee portfolio management
services, you should consider the frequency of trading activity associated with our investment strategies and the
brokerage commissions charged by or other broker- dealers, and the advisory fees charged by investment
advisers. Additional information about the Wrap Program is available in Las Olas Capital Advisors' Wrap
Brochure, which appears as Part 2A Appendix 1 of the Adviser's Form ADV.
The Wrap Program is available through Schwab Advisor Services ("Schwab"), a securities broker-dealer and a
member of the Financial Industry Regulatory Authority and the Securities Investor Protection Corporation.
For additional information on our Wrap Program, refer to our Appendix 1 Wrap Fee Program Brochure.
As part of its Portfolio Management Services, Las Olas Capital Advisors may also recommend the use of
unaffiliated, third-party investment managers (“Third-Party Managers”). Las Olas Capital Advisors’ use of Third
Pary Managers may be offered on a discretionary or non-discretionary basis. Third-Party Managers will charge
their own fees in relation to the services they offer. Las Olas Capital Advisors will absorb the third-party asset
under management fees charged by the Third-Party Managers, which are separate from and not included in the
fees related to Las Olas Capital Advisors. Alternative Investments are considered a direct investment. Any
costs imposed directly for Alternative Investments will be a direct responsibility of the client.
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Financial Planning Services
Las Olas Capital Advisors provides financial planning services. Financial planning services encompass a
comprehensive approach to managing your financial life and achieving your long-term goals. Here are some key
aspects typically covered:
• Goal Setting: Establishing clear, achievable financial goals.
• Cash Flow Management: Tracking income and expenses to optimize savings.
• Investment Planning: Creating an investment strategy aligned with your risk tolerance and goals.
• Retirement Planning: Preparing for a secure and comfortable retirement.
• Tax Planning: Strategies to minimize tax liabilities and maximize tax efficiency.
• Estate Planning: Ensuring your assets are distributed according to your wishes after death.
• Insurance Planning: Protecting against financial risks with appropriate insurance coverage.
• Education Funding: Planning for the costs of education for you or your dependents.
These services are designed to provide a holistic view of your finances, helping you make informed decisions
and navigate through various financial challenges and opportunities.
Corporate Advising Services
Las Olas Capital Advisors provides Corporate Advising services related to specific investment opportunities
based upon client requests. When providing such
services Las Olas Capital Advisors typically analyzes client
current situation, goals, and objectives to render and provide targeted advisory support services tailored towards
the client’s overall investment or opportunity objective.
Las Olas Capital Advisors provides advice in connection with the transfer of ownership and control of privately
held company through the purchase, sale, exchange, issuance, repurchase or redemption of, or a business
combination involving, securities or assets of the company, to a buyer that will actively operate the company, or
the business conducted with the assets of the company. Such activities will be conducted in line with the
conditions outlined in the No-Action Letter issued by the Division of Trading and Markets of the Securities and
Exchange Commission issued on February 4, 2014, that provides M&A broker’s relief from broker-dealer
registration requirement.
Based upon the unique nature and varying degree of advisory services provided in this area overall fees are
individually established and negotiated based upon the scope of each client's request and opportunity. Las Olas
Capital Advisors provides each client with a written summary of areas evaluated as well as the observations
and/or recommended courses of action upon clients providing required documentation of all relevant areas
subject to objective and services. The client is under no obligation to act upon Las Olas Capital Advisors'
recommendations or suggested actions. In instances where clients elect to act on our recommendations, the
client is under no obligation to affect the transaction through Las Olas Capital Advisors.
These services are available on a stand-alone, case-by-case basis as well as part of a comprehensive wealth
management engagement.
Investment Banking Advice
Investment banking advice encompasses a range of services aimed at assisting clients with complex financial
transactions and investment strategies. Here’s a brief overview:
• Capital Raising: Investment banks help companies raise capital through equity (stocks) and debt
(bonds) offerings.
• Mergers and Acquisitions (M&A): They advise on the purchase, sale, and combination of companies.
• Strategic Advisory: Investment bankers provide strategic advice on valuations, negotiations, and
structuring deals.
Specific services and fees related to investment banking advice will be addressed in each client’s agreement.
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Non-Transactional Advice and Consulting
Specific services and fees related to non-transactional advice and consulting will be addressed in each client’s
consulting agreement.
Proprietary Private Fund Offerings
Las Olas Capital Advisors provides specialized discretionary advisory services (as the “Manager”) to private
pooled investment vehicles herein referred to as ("the Funds" or if individually, "the Fund"). Investments in the
Funds are not registered under the Securities Act of 1933, as amended, and are only offered after delivery and
perusal of a private placement memorandum and execution of the subscription agreement and other offering
documents. Investments in the Funds are offered only to accredited investors within the meaning of SEC Rule
501 of Regulation D of the Securities Act of 1933. Investments in the Funds are offered by private offering
memorandum and subscription agreement which provides investors with full disclosure regarding the objectives
of the Funds, the risks involved with the offering and the minimum initial capital contribution required.
Generally, Las Olas Capital Advisors LLC serves as the Manager to the Funds and receives a management fee
on invested capital as described in the subscription agreement and other offering documents. In the role of
Manager, Las Olas Capital Advisors LLC is responsible for all the investment and operational decisions and
duties regarding the Funds. Different strategies may be carried out for each Fund and therefore, there should be
no expectation that the performance of any individual Fund would or should be like that of any other Fund. You
should refer to the subscription agreement and other offering documents for a complete description of the fees,
investment objectives, risks, and other relevant information associated with investing in the Funds. The Funds
undergo an independent audit annually by a Public Company Accounting Oversight Board ("PCAOB") registered
firm.
IRA Rollover Recommendations
For purposes of complying with the DOL’s Prohibited Transaction Exemption 2020-02 (“PTE 2020-02”) where
applicable, we are providing the following acknowledgment to you.
When we provide investment advice to you regarding your retirement plan account or individual retirement
account, we are fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act and/or
the Internal Revenue Code, as applicable, which are laws governing retirement accounts. The way we make
money creates some conflicts with your interests, so we operate under a special rule that requires us to act in
your best interest and not put our interest ahead of yours. Under this special rule’s provisions, we must:
• Meet a professional standard of care when making investment recommendations (give prudent advice);
• Never put our financial interests ahead of yours when making recommendations (give loyal advice);
• Avoid misleading statements about conflicts of interest, fees, and investments;
• Follow policies and procedures designed to ensure that we give advice that is in your best interest;
• Charge no more than is reasonable for our services; and
• Give you basic information about conflicts of interest.
Assets Under Management
As of December 31, 2023, Las Olas Capital Advisors maintained approximately $373,832,013 in assets under
management on a discretionary basis.