Optivest, Inc. (Dana Point)

Name: Optivest, Inc.
Address: 24901 Dana Point Harbor Drive, Dana Point, CA, 92629
Telephone: 949-363-8686

Optivest, Inc. is a large advisory firm based in Dana Point. It manages $427.73 million of regulatory assets for 931 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Arizona, California, Colorado, and 7 other states.

Optivest provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and family office services and consultative and concierge services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Optivest: assets under management

The assets under management (AUM) of Optivest, Inc. is $427.73 million. The firm's AUM has grown by 146% since the beginning of its operation, and $17.14 million of the total AUM is attributable to clients outside of the United States.

The firm manages $267.32 million in discretionary accounts and $160.4 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $380.8 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $700.44 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 41% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 31% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Optivest, Inc. for their services and products based on a percentage of assets under management, hourly charges, 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.

What kind of clients Mark Sholes Vanmourick serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Mark Sholes Vanmourick is high net worth individuals with 87 clients and $388.08 million of assets under management. Among the 7 most similar advisory firms, Optivest has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $425.94 million for 256 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.

Optivest doesn't advise any private funds.

Careers at Optivest, Inc.

The company employs 6 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 5 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 receive compensation from other entities for client referrals.

Mark Sholes Vanmourick has been acting as President since 1 Feb 1993. Leslie Ann Calhoun joined the executive team most recently as the President/Chief Compliance Officer/Ceo/Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mark Sholes Vanmourick	President/ceo	1 Feb 1993	75% - 100%	867435
Leo Mckinley	Cfo	1 Nov 2007	Other	5490384
Leslie Ann Calhoun	Chief compliance officer	1 Mar 2012	Other	2047866
Leslie Ann Calhoun	Chief compliance officer/cio/shareholder	1 Dec 2014	25% - 50%	2047866
Leslie Ann Calhoun	President/chief compliance officer/ceo/shareholder	1 Dec 2018	75% - 100%	2047866

Based in Dana Point

The principal office where Optivest, Inc. performs its advisory services is located at 24901 Dana Point Harbor Drive, Dana Point, CA 92629, 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 949-363-8686 or by fax 949-363-1133. The normal business hours are 8:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at optivestinc.com.