Lindbrook Capital, LLC (Calabasas)

Name: Lindbrook Capital, LLC
Address: 23975 Park Sorrento, Calabasas, CA, 91302
Telephone: 424-208-8000

Lindbrook Capital, LLC is a large advisory firm based in Calabasas. It manages $1.21 billion of regulatory assets for 1,190 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of California, Louisiana, and Texas.

Lindbrook Capital provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Lindbrook Capital: assets under management

The assets under management (AUM) of Lindbrook Capital, LLC is $1.21 billion. The firm's AUM has grown by 222% since the beginning of its operation, and $11.62 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.04 billion in discretionary accounts and $178.19 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $976.24 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.39 million.

Lindbrook Capital has custody of $284.36 million in cash and securities for 81 clients in total and its related person acts as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 26% of the total AUM. The second-largest asset type is exchange traded securities, which make up 23% of the firm’s portfolio. Investments in state and local bonds form 18% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lindbrook Capital, LLC for their services and products based on a percentage of assets under management and fixed fees. 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 Lindbrook Capital serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Lindbrook Capital is high net worth individuals with 100 clients and $1.15 billion of assets under management. Among the 11 most similar advisory firms, Lindbrook Capital has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.21 billion for 185 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Lindbrook Capital doesn't advise any private funds.

Careers at Lindbrook Capital, LLC

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 4 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
Dfpw Partners Llc	Direct owner & managing member	1 Feb 2011	75% - 100%	12-3456789
Dean Jay Factor	Chief compliance officer	1 Feb 2011	Other	5869501
Llc Lindbrook Partner	Direct owner & managing member	1 May 2011	75% - 100%	12-3456789
Tyler And Taryn Dritz Revocable Trust	Managing member	1 Sep 2013	25% - 50%	xxx-xx-xxxx
Posen/Degal Living Trust	Managing member	1 Sep 2013	25% - 50%	xxx-xx-xxxx

Indirect Owners

The SEC currently registers 7 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Tyler Samuel Dritz	Indirect owner and managing member	1 May 2011	25% - 50%	4901826
Benjamin Alan Posen	Indirect owner and managing member	1 May 2011	25% - 50%	2319219
Dean Jay Factor	Indirect owner and managing member	1 May 2011	25% - 50%	5869501
Tyler Samuel Dritz	Trustee	1 Sep 2013	50% - 75%	4901826
Benjamin Alan Posen	Trustee	1 Sep 2013	50% - 75%	2319219
Taryn Sperry Dritz	Trustee	1 Sep 2013	50% - 75%	6770627
Norinne Grace Degal	Trustee	1 Sep 2013	50% - 75%	6770629

Based in Calabasas

The principal office where Lindbrook Capital, LLC performs its advisory services is located at 23975 Park Sorrento, Calabasas, CA 91302, which is also the mailing address of the firm. An additional office of the firm is in Los Angeles, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 424-208-8000 or by fax 424-208-8001. The normal business hours are 7:00 a.m. to 4:00 p.m. on Monday - Friday. You can find more information about the New York firm at lindbrookcapital.com.