Sonen Capital LLC is a large advisory firm based in San Francisco. It manages $388.97 million of regulatory assets for 34 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of California.
Sonen Capital provides 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 doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Sonen Capital LLC is $388.97 million. The firm's AUM has grown by 419% since the beginning of its operation, and $38.45 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Sonen Capital 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 charitable organizations, other investment advisers, high net worth individuals, and pooled investment vehicles. The largest group of clients of Stuart Davidson is pooled investment vehicles with 6 clients and $304.24 million of assets under management. Among the 8 most similar advisory firms, Sonen Capital has the 3rd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $388.97 million for 34 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 6% of the firm’s clients are foreign persons or businesses.
Sonen Capital also advises several private funds. Namely, two hedge funds, two other private funds, and two private equity funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $500,000.
The company employs 12 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 3 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.
Stuart Davidson has been acting as President since 1 Aug 2014. Nicholas Koukopoulos joined the executive team most recently as the Head Of Investments.
The principal office where Sonen Capital LLC performs its advisory services is located at 456 Montgomery Street, San Francisco, CA 94104, 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 415-534-4444. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at sonencapital.com.