Ashfield Capital Partners, LLC (San Francisco)

Name: Ashfield Capital Partners, LLC
Address: 801 Montgomery Street, San Francisco, CA, 94133
Telephone: 415-391-4747

Ashfield Capital Partners, LLC is a large advisory firm based in San Francisco. It manages $967.34 million of regulatory assets for 596 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Arizona, California, Colorado, and 14 other states.

Ashfield Capital Partners provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and portfolio management for wrap fee programs. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Ashfield Capital Partners: assets under management

The assets under management (AUM) of Ashfield Capital Partners, LLC is $967.34 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -66% since the beginning of its operation, and $39.34 million of the total AUM is attributable to clients outside of the United States.

The firm manages $967.34 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.62 million each.

Ashfield Capital Partners has custody of $500.7 million in cash and securities for 138 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 82% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 7% of the firm’s portfolio. Investments in investment and business development companies form 4% of the total invested assets.

Fees & Commissions

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

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Ashfield Capital Partners is high net worth individuals with 293 clients and $712.04 million of assets under management. Among the 11 most similar advisory firms, Ashfield Capital Partners has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $960.69 million for 592 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.

Ashfield Capital Partners doesn't advise any private funds.

Careers at Ashfield Capital Partners, LLC

The company employs 11 people that are either part- or full-time employees. 55 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There are 4 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
James Stephen Lauck	President, chief executive officer, chief investment officer, managing member	1 Jan 1984	Other	1969042
Claudia Owen	Chief operating officer/chief financial officer, secretary, managing member	1 Jul 2006	Other	4779381
James Stephen Lauck	President, chief executive officer, co-chief investment officer, managing member	1 Sep 2006	Other	1969042
Ashfield & Co Inc	Shareholder	1 Sep 2006	25% - 50%	105362
Ashfield Participation Limited Partnership	Shareholder	1 Sep 2006	Other	20-5651040
Claudia Owen	Chief financial officer	1 Sep 2006	Other	4779381
Scott Francis Powers	Director / manager	1 Sep 2006	Other	1482612
Kevin Martin Hunt	Director / manager	1 Sep 2006	Other	856081
Inc. Aco Partners	Member	1 Sep 2006	25% - 50%	94-2330583
Frances K Chiu	Chief compliance officer	1 Nov 2006	Other	5248204
Frances Chiu	Chief compliance officer	1 Nov 2006	Other	5248204
Old Mutual (Us) Holdings Inc.	Shareholder	1 Dec 2006	50% - 75%	04-2714625
Old Mutual (Us) Holdings Inc.	Member	1 Feb 2007	50% - 75%	04-2714625
Scott Francis Powers	Manager	1 Feb 2007	Other	1482612
Thomas Moynihan Turpin	Manager	1 Feb 2007	Other	1888979
Claudia Owen	Chief financial officer and chief compliance officer	1 Mar 2008	Other	4779381
Linda Tilton Gibson	Manager	1 Apr 2008	Other	1754883
Lesley Lynn Jones	Chief compliance officer	1 Jun 2008	Other	4636524
James Edward Mikolaichik	Manager	1 Sep 2010	Other	5047043
Aidan John Riordan	Manager	1 Jul 2011	Other	2394294
Aco Partners Llc	100% class a interests in ashfield capital partners, llc	1 Dec 2012	75% - 100%	94-2250583
Gregory M Jones	Co-chief investment officer, managing member	1 Dec 2012	Other	4317277
Omam Inc.	100% class b interests in ashfield capital partners, llc/sole member of omam affiliate holdings llc	1 Dec 2012	75% - 100%	04-2714625
Gregory Mitchell Jones	Co-chief investment officer, managing member	1 Dec 2012	Other	1051895
Old Mutual (Us) Holdings Inc.	100% class b interests	1 Dec 2012	75% - 100%	04-2714625
Llc Aco Partners	100% class a interests	1 Dec 2012	75% - 100%	94-2250583
Peter Anthony Johnson	Managing member	1 Sep 2014	Other	260011
George Burton Brewster	Chief operating officer and chief compliance officer	1 Jan 2017	Other	1235627
James Stephen Lauck	Chairman, cio and portfolio manager	1 May 2017	Other	1969042
Peter Anthony Johnson	Ceo & portfolio manager	1 May 2017	Other	260011
Adrian Richard Fadrhonc	Chief compliance officer and portfolio manager	1 Dec 2017	Other	4404882

Indirect Owners

The SEC currently registers 14 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
John Stephen Thornborrow	Shareholder	1 Jan 1984	25% - 50%	4347463
Scott Francis Powers	Manager	1 Sep 2001	Other	1482612
Thomas Moynihan Turpin	Manager	1 Apr 2002	Other	1888979
Om Group (Uk) Limited	100% shareholder	1 Jan 2003	75% - 100%	foreign entity
Old Mutual Plc	100% shareholder	1 Jan 2003	75% - 100%	foreign entity
Llc Ap General Partner	Sole general partner	1 Sep 2006	Other	20-5650939
Ashfield & Co Inc	Limited partner	1 Jan 2007	75% - 100%	105362
Inc. Aco Partners	Limited partner	1 Jan 2007	75% - 100%	94-2330583
Inc. Old Mutual (Us) Holdings	100% class b interests in ashfield capital partners, llc	1 Dec 2012	75% - 100%	04-2714625
Limited Omam Uk	Shareholder of omam inc.	1 Sep 2014	75% - 100%	98-1183573
Inc. Omam Us	Shareholder of omam uk, limited	1 Sep 2014	75% - 100%	47-1121020
Omam Asset Management Plc	Shareholder of omam us, inc.	1 Oct 2014	75% - 100%	98-1179929
James Stephen Lauck	Shareholder	1 Sep 2016	25% - 50%	1969042
Peter Anthony Johnson	Shareholder	1 Dec 2016	25% - 50%	260011

Based in San Francisco

The principal office where Ashfield Capital Partners, LLC performs its advisory services is located at 801 Montgomery Street, San Francisco, CA 94133, 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 415-391-4747 or by fax 415-391-1234. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at ashfield.com.