Mark Gillam Enterprises (Fair Oaks)


Mark Gillam Enterprises is a large advisory firm based in Fair Oaks. It manages $167.51 million of regulatory assets for 463 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California and Texas.

Mark Gillam Enterprises provides financial planning services, portfolio management for individuals and small businesses, 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.

Mark Gillam Enterprises: assets under management

The assets under management (AUM) of Mark Gillam Enterprises is $167.51 million. The firm's AUM has grown by 56% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $7.81 million in discretionary accounts and $159.69 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $47.36 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $535.88 thousand.
Mark Gillam Enterprises has custody of $3.49 million in cash and securities for 54 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 52% of the total AUM. The second-largest asset type is exchange traded securities, which make up 22% of the firm’s portfolio. Investments in other assets form 22% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mark Gillam Enterprises for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Mark Gerald Gillam serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Mark Gerald Gillam is high net worth individuals with 35 clients and $139.09 million of assets under management. Among the 10 most similar advisory firms, Mark Gillam Enterprises has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $163.18 million for 122 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.

Mark Gillam Enterprises doesn't advise any private funds.

Careers at Mark Gillam Enterprises

The company employs 6 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

Mark Gerald Gillam has been acting as President since 1 Mar 1989. Tami Candiani joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Mark Gerald Gillam President 1 Mar 1989 75% - 100% 1255578
Tami Candiani Chief compliance officer 1 Mar 2006 Other 4476473

Based in Fair Oaks

The principal office where Mark Gillam Enterprises performs its advisory services is located at 8008 Sacramento Street, Fair Oaks, CA 95628, 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 916-961-2200 or by fax 916-965-7777. The normal business hours are 8am - 5pm on Monday - Friday.