Overview
FIRM DESCRIPTION
Anoroc Advisors LLC (hereinafter referred to as “Anoroc,” “we,” “us,” or “our firm”) is a
Delaware limited liability company with its principal office located in Mumbai, India. The firm
was founded in April 2020, and the Managing Member and Chief Compliance Officer of the firm
is Mithil Dalal.
As a registered investment adviser, we are a fiduciary to you, our client, meaning we have a
fundamental obligation to act and provide investment advice that is in your best interest. Should
any material conflicts of interest exist that might affect the impartiality of our investment advice,
they will be disclosed to you in this Brochure. We urge you to review this Brochure carefully and
consider our qualifications, business practices and the nature of our advisory services before
becoming our client.
Anoroc Advisors LLC as a newly established investment adviser has no discretionary assets under
management. Clients may request more current information at any time by contacting our firm.
ADVISORY PROGRAMS
Anoroc provides investment management services to our clients. In connection with our
investment management services, Anoroc provides advice with respect to the following asset
classes: stocks, ETFs, mutual funds, bonds, U.S. Treasuries, and certificates of deposit. Our advice
is generally limited to these types of investments, but we reserve the right to advise or not advise
our clients on certain investments should we deem it appropriate based on their particular
circumstances.
Anoroc’s advisory services are tailored to the needs of our clients based on their individual
investment objectives, risk tolerance, cash or income needs, and any investment restrictions.
Although Anoroc seeks to accommodate any reasonable investment restrictions or guidelines set
by our clients, we may decline to accommodate certain investment restrictions that are
incompatible with our firms’ investment philosophy or that may have an adverse effect on our
ability to manage your account.
Mithil Dalal serves as Anoroc’s sole investment adviser representative. Clients should refer to such
adviser’s Form ADV Part 2B (the “Brochure Supplement”) for more information about his
qualifications.
Anoroc enters into formal written agreements with our clients setting forth the terms and
conditions under which we will provide our advisory services (the “Investment Management
Agreement”). The Investment Management Agreement sets forth the scope of the services to be
provided and the compensation we receive from the client for such services. The Investment
Management Agreement may be terminated by either party in writing at any time by giving thirty
(30) days signed, written notice to the other party.
Our advisors may offer all or any combination of the advisory services described below to our
clients:
Investment Management. Anoroc provides ongoing investment management services where
client portfolios are managed according to the client’s stated investment goals and objectives.
Working closely with an investment adviser representative, clients will establish realistic and
measurable investment goals, and objectives to meet those goals will be defined. The investment
adviser representative will recommend that clients allocate their investment portfolio among
various asset classes, then once the appropriate asset allocation has been determined, the portfolio
will be monitored and rebalanced on an ongoing basis as changes in market conditions and client
circumstances occur.
Anoroc exercises discretionary authority over client investments where we manage the client’s
account(s) without client consultation after the initial establishment of the client’s investment
objectives and appropriate asset allocation. Anoroc receives discretionary authority from our
clients through our Investment Management Agreement at the outset of our advisory relationship.
We do not manage accounts on a non-discretionary basis.
Wrap Fee Progam. Anoroc does not participate in any wrap fee programs.
Assets Under Management: Anoroc manages close to US $300,000 in regulatory assets under
management as on this date of this filing.
Important Note: It is the client’s responsibility to ensure that Anoroc is promptly notified if there
are ever any significant changes to their financial situation, goals, objectives, or needs so we can
review our previous recommendations and make any necessary adjustments.