Sapient Private Wealth Management Services, LLC (Eugene)

Name: Sapient Private Wealth Management Services, LLC
Address: 101 East Broadway Suite 480, Eugene, OR, 97401
Telephone: 541-762-0300

Sapient Private Wealth Management Services, LLC is a large advisory firm based in Eugene. It manages $907.17 million of regulatory assets for 3,192 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Arizona, California, Louisiana, and 4 other states.

Sapient Private Wealth Management Services provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Sapient Private Wealth Management Services: assets under management

The assets under management (AUM) of Sapient Private Wealth Management Services, LLC is $907.17 million. The firm's AUM has grown by 98% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $861.02 million in discretionary accounts and $46.15 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $277.93 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $490.95 thousand.

Sapient Private Wealth Management Services has custody of $897.38 million in cash and securities for 541 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 96% of the total AUM. The second-largest asset type is state and local bonds, which make up 4% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sapient Private Wealth Management Services, 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 Sapient Private Wealth Management Services serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Sapient Private Wealth Management Services is high net worth individuals with 207 clients and $677.3 million of assets under management. Among the 10 most similar advisory firms, Sapient Private Wealth Management Services has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $897.75 million for 537 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.

Sapient Private Wealth Management Services doesn't advise any private funds.

Careers at Sapient Private Wealth Management Services, LLC

The company employs 16 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 13 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Alan Ray Rexius has served as the Chief Investment Officer since 1 Sep 2011. Focus Financial Partners Inc. joined the executive team most recently as the Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llc Focus Operating	Member (manager)	1 Sep 2011	75% - 100%	20-8161914
Gregory Patrick Erwin	Chief executive officer and chief compliance officer	1 Sep 2011	Other	1184802
Alan Ray Rexius	Chief investment officer	1 Sep 2011	Other	2266079
Dennis S Konrady	Partner	1 May 2016	Other	4295175

Indirect Owners

The SEC currently registers 12 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Lp Summit Partners Vi (Gp)	General partner	1 Dec 2000	Other	04-3540852
Llc Summit Partners Vi (Gp)	General partner	1 Dec 2000	Other	04-3568448
L.P. Summit Partners Vi (Gp)	General partner	1 Dec 2000	Other	04-3540852
L.P. Summit Ventures Vi A	Member (manager)	1 Jan 2006	25% - 50%	04-3540853
L.P. Summit Venture Vi A	Member (manager)	1 Jan 2006	25% - 50%	04-3540853
Llc Focus Financial Partners	Member	1 Jan 2007	75% - 100%	16-1728260
L.P. Cp Falcon Aiv	Member	1 Oct 2013	25% - 50%	36-4767158
L.P. Trident Vi Parallel Fund	Member	1 Apr 2017	75% - 100%	98-1132009
Trident Ffp Blocker Llc	Limited partner	1 May 2017	25% - 50%	82-1662776
L.P. Trident Vi	Limited partner	1 May 2017	25% - 50%	98-1131820
L.P Trident Ffp	Member	1 Jul 2017	25% - 50%	82-1662703
Focus Financial Partners Inc.	Member	1 Jul 2018	75% - 100%	47-4780811

Based in Eugene

The principal office where Sapient Private Wealth Management Services, LLC performs its advisory services is located at 101 East Broadway Suite 480, Eugene, OR 97401, 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 541-762-0300 or by fax 541-342-8082. The normal business hours are 7:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at sapientprivatewealth.com.