Seaplane Partners, LLC (Mill Valley)

Name: Seaplane Partners, LLC
Address: 100 Shoreline Highway, Suite B300, Mill Valley, CA, 94941
Telephone: (415) 688-4444

Seaplane Partners, LLC is a related adviser based in Mill Valley. It manages $33.77 million of regulatory assets for 47 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of California.

Seaplane Partners provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Seaplane Partners: assets under management

The assets under management (AUM) of Seaplane Partners, LLC is $33.77 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $33.77 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $718.59 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 68% of the total AUM. The second-largest asset type is government bonds, which make up 30% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Seaplane Partners, LLC for their services and products based on a percentage of assets under management. 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 Seaplane Partners serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Seaplane Partners is high net worth individuals with 7 clients and $23.96 million of assets under management. Among the 3 most similar advisory firms, Seaplane Partners has the lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $33.77 million for 34 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.

Seaplane Partners doesn't advise any private funds.

Careers at Seaplane Partners, LLC

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 2 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llc Vine Street Holdings	Member	1 May 2017	25% - 50%	82-1958630
Zachary Wilson Perry	Managing director/co-chief investment officer	1 May 2017	25% - 50%	2683721
John Carlo Bernabei	Managing director/chief compliance officer	1 May 2017	Other	2187056
Alexander Kovriga	Managing director/co-chief investment officer	1 May 2017	25% - 50%	6050274
John Edward Lyons	Managing director	1 Oct 2017	Other	1416835
Carolina Yann Lau	Managing director/chief operating officer	1 Oct 2017	Other	4459586

Based in Mill Valley

The principal office where Seaplane Partners, LLC performs its advisory services is located at 100 Shoreline Highway, Suite B300, Mill Valley, CA 94941, 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) 688-4444. The normal business hours are by appointment only on Monday - Friday. You can find more information about the New York firm at seaplanepartners.com.