Description of Firm Harbor Advisors LLC is a registered investment adviser based in West Palm Beach, 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 January 2021 as a registered investment adviser. Prior to our SEC registration, we have served as a family office since 2000. We are solely owned by Shiaujie ("Jack") Fu.
The following paragraphs describe our services and fees. Refer to the description of each investment advisory service listed below for information on how we tailor our advisory services to your individual needs. As used in this brochure, the words "we," "our," and "us" refer to Harbor Advisors and the words "you," "your," and "client" refer to you as either a client or prospective client of our firm.
Portfolio Management Services We offer discretionary portfolio management services. Our investment advice is tailored to meet our clients' needs and investment objectives. If you retain our firm for portfolio management services, we will meet with you to determine your investment objectives, risk tolerance, and other relevant information at the beginning of our advisory relationship. We will use the information we gather to develop a strategy that enables our firm to give you continuous and focused investment advice and/or to make investments on your behalf. As part of our investment management services, we may customize an investment portfolio for you according to your risk tolerance and investing objectives. Once we construct an investment portfolio for you, we will monitor your portfolio's performance on an ongoing basis, and will rebalance the portfolio as required by changes in market conditions and in your financial circumstances.
If you participate in our discretionary portfolio management services, we require you to grant us discretionary authority to manage your account. Subject to a grant of discretionary authorization, we have the authority and responsibility to formulate investment strategies on your behalf. Discretionary authorization will allow us to determine the specific securities, and the amount of securities, to be purchased or sold for your account without obtaining your approval prior to each transaction. We will also have discretion over the broker or dealer to be used for securities transactions, and over the commission rates to be paid. Discretionary authority is typically granted by the investment advisory agreement you sign with our firm, a power of attorney, or trading authorization forms. You may limit our discretionary authority (for example, limiting the types of securities that can be purchased or sold for your account) by providing our firm with your restrictions and guidelines in writing.
Investment

Consulting Services We offer investment consulting services, which is a client specific service and varies from client to client. Our investment consulting services may include, but are not limited to: performing investment research; recommending investment opportunities; assisting client in the execution of trades and/or assisting client in managing its relationship with brokers and/or other financial institutions; and administrative assistance, such as reconciling investment data, and assisting in the opening of brokerage and/or bank accounts. The investment consulting services that we will provide to you will be outlined in the agreement you execute with our firm. Our investment consulting services will always be on a non-discretionary basis, which means we must obtain your approval prior to executing any transactions on behalf of your account. You have an unrestricted right to decline to implement any advice provided by our firm on a non-discretionary basis.
4 Financial Consulting Services We offer financial consulting services that primarily involve advising clients on specific financial-related topics. The topics we address may include, but are not limited to, risk assessment/management, investment planning, financial organization, or financial decision making/negotiation.
Family Office and Wealth Planning Services We offer family office and wealth planning services designed to help our clients organize their financial situation and plan for the successful transfer of wealth to the next generation in the most tax- advantaged manner. Such services generally include financial planning in the following areas: family continuity; estate planning and trustee oversight; integrated tax and financial planning; lifestyle management; family philanthropy; and risk management.
Types of Investments While we primarily offer advice on equities (stocks), mutual funds, and exchange-traded funds (ETFs), we may nevertheless advise you on various types of investments based on your stated goals and objectives. Additionally, we may also provide advice on any type of investment held in your portfolio at the inception of our advisory relationship.
Refer to the Methods of Analysis, Investment Strategies and Risk of Loss below for additional disclosures on the different types of investments.
Since our investment strategies and advice are based on each client's specific financial situation, the investment advice we provide to you may be different or conflicting with the advice we give to other clients regarding the same security or investment.
Assets Under Management As of December 31, 2023, we provide continuous management services for $690,174,491 in client assets on a discretionary basis.