Jordan Park Group LLC is a large advisory firm based in San Francisco. It manages $9.24 billion of regulatory assets for 1,167 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California, Hawaii, New Hampshire, and 4 other states.
Jordan Park Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Jordan Park Group LLC is $9.24 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 158% since the beginning of its operation, and $108.93 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Jordan Park Group LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based 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 charitable organizations, high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Jordan Park Group is high net worth individuals with 76 clients and $8.23 billion of assets under management. Among the 10 most similar advisory firms, Jordan Park Group has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $9.24 billion for 86 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Jordan Park Group also advises several private funds. Namely, two other private funds. The minimum investment commitment required of non-related persons is $10,000 for each fund.
The company employs 53 people that are either part- or full-time employees. 32 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.
The principal office where Jordan Park Group LLC performs its advisory services is located at 100 Pine Street, San Francisco, CA 94111, which is also the mailing address of the firm. An additional office of the firm is in Mclean, VA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number (415) 417-3000 or by fax 415-660-3699. The normal business hours are 8:00 am - 5:00pm on Monday - Friday. You can find more information about the New York firm at jordan-park.com.