Avail Investment Partners, LLC (“Avail”) is principally owned by Geoffrey Caber, Stuart
Feinzig, Brett Greenfield, Derek Varner and Martin Wildy. Avail provides investment
management services and financial planning to individuals, families, trusts, charitable
organizations and foundations, businesses, and pension plans.
Avail’s process starts with getting to know the client and what is most important to them,
where the client is now financially and what they would like their money to accomplish for
them. Avail uses the information for investment purposes where we will recommend
strategies to help match the client’s goals. We like to work hand in hand with clients, helping
them navigate any online tools and client technology so that the client can always have a
clear picture of how their assets are working for them.
When we perform asset management services, we will do so on a discretionary basis. This
means that while we will continue an ongoing relationship with each client, being involved in
various stages of their lives and decisions to be made, we will not seek specific approval of
changes to client accounts. Because we take discretion when managing accounts, clients
engaging us will be asked to execute a Limited Power of Attorney (granting us the
discretionary authority over the client accounts) as well as an Investment Advisory Agreement
that outlines the responsibilities of both the client and Avail. Specific security changes will be
implemented by Avail in keeping with client objectives but not necessarily with prior client
authorization.
In limited circumstances, we may provide asset management services on a non-discretionary
basis, which means we will consult with the client prior to implementing any investment
recommendation. Clients should be aware that some recommendations may be time-
sensitive, in which case recommendations not implemented because we are unable to reach
a non-discretionary client may not be made on a timely basis and therefore client’s account
may not perform as well as it would have had Avail been able to reach the client for a
consultation on the recommendation.
Financial Planning
Financial planning services
may be provided as a part of the asset management process
when requested. Avail’s planning process typically begins with a discovery meeting when
time is taken to gather information, understand client expectations, and determine the right
fit for pursuing a working relationship. For example, the discovery process may include the
review of insurance currently in place (i.e., life, disability, and long-term care insurance),
creating personal balance sheet and cash flow statements, and the review of estate planning
documents in an effort to better understand the client’s holistic financial situation.
Furthermore, the planning process may also include collaboratively developing a financial
plan to assist the client in reaching his or her unique financial objectives.
Sub-Advisers
Avail recommends sub-advisers to clients for asset management services. In such cases,
the sub-adviser will be responsible for continuously monitoring client accounts and making
trades in client accounts when necessary. While the chosen sub-adviser will provide advice
on specific securities and/or other investments in connection with this service, Avail will have
discretionary authority to hire and fire such managers and reallocate assets among them as
deemed appropriate by Avail. The sub-advisers selected will be based upon each client’s
suitability, risk tolerance and investment objectives. When a sub-adviser is utilized, Avail can
receive fees from the sub-adviser regarding Avail’s portion of the total client fee, as detailed
in the contract between the sub-adviser and Avail.
Private Funds
As part of an overall asset allocation strategy, Avail may recommend on a non-discretionary
basis that qualified clients consider investing in Foundation Premium Income Fund, LP
(“FPIF”), Foundation Green Income Fund, LP (“FGIF”) and/or OneAscent Capital Impact
Fund I LP (“OneAscent Capital”), each a private investment fund. For more information about
the relationship between FPIF, FGIF and OneAscent Capital, please see Item 10C.
Assets Under Management
As of December 31, 2022, Avail has $90,775,868 in assets under management in 295
accounts, all managed on a discretionary basis.