Adviceperiod, LLC is a large advisory firm based in Los Angeles. It manages $2.87 billion of regulatory assets for 3,242 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of California, Maryland, Missouri, and 5 other states.
Adviceperiod provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and core family office services. It prepares financial plans for approximately 764 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Adviceperiod, LLC is $2.87 billion. The firm's AUM has grown by 2483% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Adviceperiod, 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.
The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Marc Russell is high net worth individuals with 339 clients and $2.66 billion of assets under management. Among the 7 most similar advisory firms, Adviceperiod has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $2.81 billion for 762 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.
Adviceperiod doesn't advise any private funds.
The company employs 70 people that are either part- or full-time employees. 69 percent of the employees work as investment advisers or researchers. 50 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Marc Russell has been acting as President since 1 Nov 2013. Ann Shigemura Hildebrand joined the executive team most recently as the Chief Compliance Officer.
The principal office where Adviceperiod, LLC performs its advisory services is located at 2121 Avenue Of The Stars, Los Angeles, CA 90067, which is also the mailing address of the firm. An additional office of the firm is in East Greenwich, RI. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 424-281-3600 or by fax 424-281-3601. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at adviceperiod.com.