Golden State Equity Partners, LLC (South Coast Metro)


Golden State Equity Partners, LLC is a related adviser based in South Coast Metro. It manages $27.46 million of regulatory assets for 146 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Arizona, California, and Texas.

Golden State Equity Partners provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, 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.

Golden State Equity Partners: assets under management

The assets under management (AUM) of Golden State Equity Partners, LLC is $27.46 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 135% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $27.46 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $188.1 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 56% of the total AUM. The second-largest asset type is investment and business development companies, which make up 15% of the firm’s portfolio. Investments in state and local bonds form 14% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Golden State Equity Partners, LLC for their services and products based on a percentage of assets under management, hourly charges, 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 Golden State Equity Partners serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Golden State Equity Partners is individuals with 106 clients and $21.51 million of assets under management. Among the 1 most similar advisory firms, Golden State Equity Partners has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $27.46 million for 110 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.

Golden State Equity Partners doesn't advise any private funds.

Careers at Golden State Equity Partners, LLC

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 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
John Emile Nahas Managing member & chief compliance officer 1 Nov 2017 75% - 100% 4374675
Patrick Michael Jeffs Catone Managing member & chief compliance officer 1 Mar 2018 50% - 75% 5738008
Daniel Robert Catone Managing member 1 Jan 2019 25% - 50% 4469467
Misty Dejon Porter Member 1 Jan 2019 Other 4701874

Based in South Coast Metro

The principal office where Golden State Equity Partners, LLC performs its advisory services is located at 201 E. Sandpointe Ave, South Coast Metro, CA 92707, which is also the mailing address of the firm. An additional office of the firm is in Palm Desert, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 866-273-1563. The normal business hours are 9:00am - 5:00pm on Monday - Friday.