Olivar & Associates, LLC (Shanghai)

Name: Olivar & Associates, LLC
Address: 300 Hua Guang Road, Shanghai, 201100
Telephone: 508-598-7590

Olivar & Associates, LLC is an adviser based in Shanghai. It manages $5.68 million of regulatory assets for 41 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of Massachusetts.

Olivar & Associates provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Olivar & Associates: assets under management

The assets under management (AUM) of Olivar & Associates, LLC is $5.68 million. The firm's AUM has grown by 792% since the beginning of its operation, and $5.45 million of the total AUM is attributable to clients outside of the United States.

The firm manages $4.21 million in discretionary accounts and $1.47 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.1 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $37.77 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 95% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 5% of the firm’s portfolio.

Fees & Commissions

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

What kind of clients Olivar & Associates serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Olivar & Associates is high net worth individuals with 21 clients and $4.71 million of assets under management. Among the 2 most similar advisory firms, Olivar & Associates has the lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $5.68 million for 41 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 95% of the firm’s clients are foreign persons or businesses.

Olivar & Associates doesn't advise any private funds.

Careers at Olivar & Associates, LLC

The company employs 5 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Thomas Ludovicus Greb	Managing member & chief compliance officer	1 Sep 2016	75% - 100%	6727749

Based in Shanghai

The principal office where Olivar & Associates, LLC performs its advisory services is located at 300 Hua Guang Road, Shanghai, 201100, which is also the mailing address of the firm. An additional office of the firm is in Framingham, MA. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 508-598-7590 or by fax N/A. The normal business hours are 9:00 am - 6:00 pm on Other. You can find more information about the New York firm at olivarllc.com.