Overview
A.Firm Description
Mohawk Capital Advisors, LLC, (“Mohawk Capital Advisors” or “the Firm”) is an investment
management firm that is registered with the U.S. Securities and Exchange Commission
(“SEC”) as an investment adviser. The Firm is organized as a New York limited liability
company that was founded in 2014. Mohawk Capital Advisors’ current business activities
consist primarily of the management of securities portfolios for individuals. The Firm will,
on occasion, provide financial planning consulting services.
Principal Owners: Leonard Ellis is the sole owner with 100% ownership interest.
B.Types of Advisory Services
Mohawk Capital Advisors offers personalized investment advisory services based on the
individual needs of our clients and the suitability of products and services. Subject to any
written guidelines, which the client may provide, the Firm will be granted discretion and
authority to manage the account.
Mohawk Capital Advisors requires that a written Investment Advisory Agreement (“IA
Agreement”) be signed by the client prior to the provision of services. The IA Agreement
outlines the services rendered by Mohawk Capital Advisors and the fees that the client will
be charged. Clients shall open a discretionary asset management account with the broker,
through which Mohawk Capital Advisors shall monitor the assets of the account, and
purchase and/or sell securities within the account, according to the terms and conditions of
the IA Agreement.
As a discretionary adviser, Mohawk Capital Advisors will have the authority to supervise
and direct the client’s portfolio without prior consultation with the client. By granting
Mohawk Capital Advisors full discretion and authority to manage the account, the client is
authorizing the Firm to perform various functions, at the client’s expense, without further
approval from the client. Such functions include the determination of securities to be
purchased or sold and the amount of securities to be purchased or sold. Notwithstanding
the foregoing, clients may impose certain written restrictions on Mohawk Capital Advisors
with
the management of their investment portfolios, such as prohibiting the inclusion of
certain types of investments. Each client should take note, however, that restrictions
imposed by a client may adversely affect the composition and performance of the client’s
investment portfolio. Once the portfolio is constructed, Mohawk Capital Advisors will
provide continuous supervision and re-balancing of the portfolio as changes in market
conditions and as client circumstances may require.
C.Tailored Relationships
The investment advisory services offered by Mohawk Capital Advisors are based on the
individual needs of our clients and the suitability of products and services. We make a
thorough assessment of our client’s goals, objectives, investment horizon, and risk
tolerance. If clients wish to impose certain restrictions on investing in certain securities or
types of securities, the Firm will address those restrictions with the client to have a clear
understanding of the client’s requirements. As the client’s financial situation, goals,
objectives, or needs change, the client must notify Mohawk Capital Advisors
promptly.
D.Wrap Fee Programs
Wrap Fee Programs are arrangements between broker-dealers, investment advisers, banks
and other financial institutions and affiliated and unaffiliated investment advisers through
which the clients of such firms receive discretionary investment advisory, execution,
clearing and custodial services in a “bundled” form. In exchange for these “bundled”
services, the clients pay an all-inclusive (or “wrap”) fee determined as a percentage of the
assets held in the wrap account. Mohawk Capital Advisors does not participate in and is
not a sponsor of any wrap fee program(s).
E.Assets under Management
When calculating regulatory assets under management, an Investment Adviser must
include the value of any client account over which it exercises continuous and regular
supervisory or management services. As of December 31, 2023, Mohawk Capital Advisors
managed approximately $41,020,596 in assets under management on a discretionary basis.