Osborne Partners Capital Management LLC (San Francisco)

Name: Osborne Partners Capital Management LLC
Address: 580 California St, San Francisco, CA, 94104
Telephone: 415-362-5637

Osborne Partners Capital Management LLC is a large advisory firm based in San Francisco. It manages $1.45 billion of regulatory assets for 1,413 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Arizona, California, Colorado, and 14 other states.

Osborne Partners Capital Management 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 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Osborne Partners Capital Management: assets under management

The assets under management (AUM) of Osborne Partners Capital Management LLC is $1.45 billion. The firm's AUM has grown by 302% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.16 billion in discretionary accounts and $286.31 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $847.92 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $6.22 million.

Osborne Partners Capital Management has custody of $363.87 million in cash and securities for 122 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 77% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 7% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Osborne Partners Capital Management LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Osborne Partners Capital Management serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Osborne Partners Capital Management is high net worth individuals with 301 clients and $1.17 billion of assets under management. Among the 9 most similar advisory firms, Osborne Partners Capital Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.44 billion for 556 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.

Osborne Partners Capital Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $500,000 for each fund.

Careers at Osborne Partners Capital Management LLC

The company employs 23 people that are either part- or full-time employees. 65 percent of the employees work as investment advisers or researchers. 9 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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 don’t receive compensation from other entities for client referrals.

Justin Wellington Mcnichols has served as the Chief Investment Officer since 1 Apr 2000 and Deglin Francis Kenealy is the Chief Executive Officer of Osborne Partners Capital Management LLC family office. Alicia Wan Ling Cheng joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Charles Devens Osborne	President/principal partner	1 Dec 1999	50% - 75%	xxx-xx-xxxx
Shannon Stacy Gallo	Director of client services/compliance officer/partner	1 Dec 1999	Other	xxx-xx-xxxx
Robert Christopher Gillooly	Portfolio manager/partner	1 Dec 1999	Other	xxx-xx-xxxx
Shannon Stacy Lemon	Director of client services/cco/partner	1 Dec 1999	Other	xxx-xx-xxxx
Justin Wellington Mcnichols	Chief investment officer/portfolio manager/partner	1 Apr 2000	Other	2294075
Michael John Hartell	Of counsel portfolio manager	1 Oct 2000	Other	xxx-xx-xxxx
Brian Kirk Michie	Director of marketing	1 Aug 2002	Other	xxx-xx-xxxx
Shannon Stacy Lemon	Chief compliance officer	1 Oct 2004	Other	5129936
Llc Opcm Holdings	Capital investor entity in firm	1 Sep 2005	25% - 50%	20-2798518
Norman Dino Villarina	Executive committee officer	1 Sep 2005	Other	1696520
Norman D. Villarina	Executive committee officer	1 Sep 2005	Other	xxx-xx-xxxx
Llc Industry Capital Partners	Capital investor in firm	1 Sep 2005	Other	20-2798518
Llc. Industry Capital Partners Ii	Capital investor in firm	1 Sep 2005	25% - 50%	20-2798518
Lp River Birch Capital Partners	Capital investor in firm	1 Oct 2010	Other	27-1401135
Robert Gustaf Hedlund	Executive committee officer	1 Oct 2010	Other	2265218
Deglin Francis Kenealy	Head of global development	1 Oct 2010	Other	2149238
Charles Devens Osborne	Chairman of the board/principal partner	1 Mar 2012	Other	4370370
Deglin Francis Kenealy	Chief executive officer	1 Mar 2012	25% - 50%	2149238
Alicia Wan Ling Cheng	Chief compliance officer	1 Nov 2012	Other	6155320
Deglin Francis Kenealy	Board member/advisor	1 Aug 2015	Other	2149238

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Norman Dino Villarina	Managing partner	1 Dec 2002	75% - 100%	1696520
Llc. Industry Capital Management	Entity owner of icp ii	1 Sep 2005	75% - 100%	85-0484698
Douglas Stephen Wertheimer	Partner	1 Jan 2008	Other	4997203
Llc. Industry Capital Partners Ii	Entity that owns opcm shares	1 Dec 2009	75% - 100%	27-1599248
Llc Opcm Holding	Entity owner of icp ii, llc.	1 Dec 2009	75% - 100%	27-1599248
Llc River Birch Capital Gp	Entity that owns opcm shares	1 Oct 2010	Other	27-1400927

Based in San Francisco

The principal office where Osborne Partners Capital Management LLC performs its advisory services is located at 580 California St, San Francisco, CA 94104, which is also the mailing address of the firm. An additional office of the firm is in Carmel, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 415-362-5637 or by fax 415-362-5996. The normal business hours are 8:00a.m. to 4:30p.m. on Monday - Friday. You can find more information about the New York firm at osbornepartners.com.