Saxon Securities LLC (San Francisco)

Name: Saxon Securities LLC
Address: 101 California Street, San Francisco, CA, 94111
Telephone: 415-820-5312

Saxon Securities LLC is a large advisory firm based in San Francisco. It manages $100.58 million of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of California.

Saxon Securities 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.

Saxon Securities: assets under management

The assets under management (AUM) of Saxon Securities LLC is $100.58 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -30% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $100.58 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $7.74 million each.

Investments

The firm invests in other assets the most. They account for 99% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Saxon Securities 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 Saxon Securities serves?

The firm provides services to individuals, insurance companies, charitable organizations, banking or thrift institutions, corporations or other businesses, and state or municipal government entities. The largest group of clients of Saxon Securities is corporations or other businesses with 2 clients and $67.14 million of assets under management. Among the 11 most similar advisory firms, Saxon Securities has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $100.58 million for 10 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.

Saxon Securities doesn't advise any private funds.

Careers at Saxon Securities LLC

The company employs 8 people that are either part- or full-time employees. 38 percent of the employees work as investment advisers or researchers. 2 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 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
Ned F Lucia	Ceo, managing member	1 Aug 2010	50% - 75%	5582090
Rebecca Lynn Lucia	Chief financial officer, chief compliance officer, managing member	1 Aug 2010	25% - 50%	5870244
Ned Francis Lucia	Managing partner, chief compliance officer, managing member	1 Aug 2010	50% - 75%	5582090

Based in San Francisco

The principal office where Saxon Securities LLC performs its advisory services is located at 101 California Street, San Francisco, CA 94111 The mailing address of the firm is 437 Iowa Dr, San Mateo, CA 94402. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 415-820-5312 or by fax 415-820-5399. The normal business hours are 8:30am - 5pm on Monday - Friday. You can find more information about the New York firm at saxonsecurities.com.