Aperio Group, LLC is a large advisory firm based in Sausalito. It manages $24.74 billion of regulatory assets for 5,022 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.
Aperio Group provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Aperio Group, LLC is $24.74 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 5563% since the beginning of its operation, and $29.49 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Aperio Group, LLC for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Paul Richard Greenwood is high net worth individuals with 4,015 clients and $14.26 billion of assets under management. Among the 12 most similar advisory firms, Aperio Group has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $20.6 billion for 4,482 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Aperio Group also advises several private funds.
The company employs 89 people that are either part- or full-time employees. 27 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Paul Richard Greenwood has been acting as President since 1 Jan 2016. Llc Aperio Holdings joined the executive team most recently as the Member Of Aperio Group, Llc.
The principal office where Aperio Group, LLC performs its advisory services is located at Three Harbor Drive, Sausalito, CA 94965, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 415-339-4300 or by fax 415-339-4301. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at aperiogroup.com/.