One Capital Management, LLC (Westlake Village)


One Capital Management, LLC is a large advisory firm based in Westlake Village. It manages $1.38 billion of regulatory assets for 2,616 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Colorado, and 19 other states.

One Capital Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, and advisory consulting services, firm provides sub-adviser services to two canadian registered etf, and to a luxembourg sicav. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

One Capital Management: assets under management

The assets under management (AUM) of One Capital Management, LLC is $1.38 billion. The firm's AUM has grown by 4786% since the beginning of its operation, and $382.73 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.38 billion in discretionary accounts and $3.38 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $526.2 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.69 million.
One Capital Management has custody of $60.9 million in cash and securities for 28 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 78% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 8% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay One Capital Management, 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 Patrick Joseph Bowen serves?

The firm provides services to individuals, charitable organizations, other investment advisers, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Patrick Joseph Bowen is high net worth individuals with 511 clients and $434.8 million of assets under management. Among the 11 most similar advisory firms, One Capital Management has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.38 billion for 2,616 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 32% of the firm’s clients are foreign persons or businesses.

One Capital Management doesn't advise any private funds.

Careers at One Capital Management, LLC

The company employs 28 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. 16 employees are registered as investment adviser representatives with the state securities authorities.

There are 18 people 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.

Patrick Joseph Bowen has been acting as President since 1 Jan 2004. Steven Robert Cowley has served as the Chief Investment Officer since 1 Jan 2004. Lllp Ocm Holdings joined the executive team most recently as the Managing Member.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Donald Hugh Mcdonald Managing director 1 Aug 2001 Other 3271670
Jonathan Tiemann Investment committee chair 1 Sep 2001 Other 2154218
Dan Stridsberg Managing director 1 Sep 2003 Other 4709834
Patrick Joseph Bowen President 1 Jan 2004 Other 2601600
Steven Robert Cowley Chief investment officer/chief compliance officer 1 Jan 2004 Other 1580108
Steven Robert Cowley Chief investment officer 1 Mar 2004 Other 1580108
Patrick Joseph Bowen President 1 May 2008 Other 2601600
Theresa Mcdonald Irrevocable Trust Member 1 Jul 2010 25% - 50% xxx-xx-xxxx
Dan Stridsberg Chief compliance officer, managing director 1 Jan 2012 Other 4709834
Llc 1cm Holdings Managing member 1 Jan 2012 75% - 100% 26-1152088
Lllp Ocm Holdings Managing member 1 Mar 2014 75% - 100% 46-4390681

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Teresa Mcdonald Irrevocable Family Trust Limited partner 1 Apr 2008 25% - 50% 38-6975824
Theresa Mcdonald Irrevocable Trust Member 1 Jan 2012 25% - 50% xxx-xx-xxxx

Based in Westlake Village

The principal office where One Capital Management, LLC performs its advisory services is located at 3075 Townsgate Road, Westlake Village, CA 91361, 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 805.409.8150 or by fax 805.870.7677. The normal business hours are 7:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at ocmadvancedplanning.com.