Acas, LLC (Rancho Santa Fe)

Name: Acas, LLC
Address: 5531 Cancha De Golf, Rancho Santa Fe, CA, 92091
Telephone: 888-500-9267

Acas, LLC is a large advisory firm based in Rancho Santa Fe. It manages $130.71 million of regulatory assets for 508 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California and Texas.

Acas provides financial planning services, portfolio management for individuals and small businesses, 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.

Acas: assets under management

The assets under management (AUM) of Acas, LLC is $130.71 million. The firm's AUM has grown by 25% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $110.51 million in discretionary accounts and $20.2 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $256.4 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $262.31 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 66% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 11% of the firm’s portfolio. Investments in government bonds form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Acas, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Acas serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Acas is high net worth individuals with 60 clients and $105.32 million of assets under management. Among the 12 most similar advisory firms, Acas has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $130.71 million for 190 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.

Acas doesn't advise any private funds.

Careers at Acas, LLC

The company employs 6 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 6 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
Christopher Alan Tate	Managing partner/cco	1 May 2012	75% - 100%	3241655
Daniel Craig Osgood	Cco	1 May 2012	50% - 75%	2684112
Inc. Tate Asset Management	Partner	1 May 2012	50% - 75%	27-0228485
Inc. Dco Wealth Management	Partner	1 May 2012	50% - 75%	27-1146060

Based in Rancho Santa Fe

The principal office where Acas, LLC performs its advisory services is located at 5531 Cancha De Golf, Rancho Santa Fe, CA 92091, which is also the mailing address of the firm. An additional office of the firm is in Bluffton, SC. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 888-500-9267 or by fax 858-461-6151. The normal business hours are 8 am - 4 pm on Monday - Friday. You can find more information about the New York firm at dcowealthmanagement.com and its LinkedIn profile.