Robertson Stephens Advisors LLC (San Francisco)

Name: Robertson Stephens Advisors LLC
Address: 555 California Street, San Francisco, CA, 94104
Telephone: 415 500-6810

Robertson Stephens Advisors LLC is a large advisory firm based in San Francisco. It manages $469.09 million of regulatory assets for 269 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California, Connecticut, Florida, and 5 other states.

Robertson Stephens Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, selection of other advisers, and publication of newsletters. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Robertson Stephens Advisors: assets under management

The assets under management (AUM) of Robertson Stephens Advisors LLC is $469.09 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 204% since the beginning of its operation, and $6.06 million of the total AUM is attributable to clients outside of the United States.

The firm manages $469.09 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.74 million each.

Robertson Stephens Advisors has custody of $26.1 million in cash and securities for 6 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 60% of the total AUM. The second-largest asset type is state and local bonds, which make up 12% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Robertson Stephens Advisors 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 James Michael Tierney serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of James Michael Tierney is high net worth individuals with 48 clients and $462.53 million of assets under management. Among the 7 most similar advisory firms, Robertson Stephens Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $469.09 million for 64 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 4% of the firm’s clients are foreign persons or businesses.

Robertson Stephens Advisors also advises several private funds. Namely, seven venture capital funds. The minimum investment commitment required of non-related persons ranges from $27 to $10,000.

Careers at Robertson Stephens Advisors LLC

The company employs 13 people that are either part- or full-time employees. 62 percent of the employees work as investment advisers or researchers. 7 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.

James Michael Tierney has been acting as President since 1 Aug 2017. Harriet Jayne Britt joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Robertson Stephens Llc	Owner	1 Feb 2013	75% - 100%	45-3693126
Robertson Stephens Partners Llc	Owner	1 Feb 2013	75% - 100%	45-3693126
Ron L Guidi	Chief compliance officer	1 Mar 2013	Other	2761959
Robin Lea Nakao	Managing member / coo / cfo	1 Mar 2013	Other	1064012
Bttf Llc	Investor	1 Aug 2013	Other	46-2336252
Anthony Michael Lindner	Cco	1 Aug 2017	Other	3192734
Jeffrey Michael Coddington	Cfo	1 Aug 2017	Other	5870055
James Michael Tierney	President	1 Aug 2017	Other	1219258
Molly Rosemarie Wallace	Vice president	1 Aug 2017	Other	6261481
Harriet Jayne Britt	Chief compliance officer	1 Dec 2017	Other	1429634

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Joseph John Piazza	Unit holder	1 Feb 2013	25% - 50%	362928
Bttf Llc	Unit holder	1 Jul 2013	25% - 50%	45-2336252
Joseph John Piazza	Manager	1 Aug 2013	Other	362928

Based in San Francisco

The principal office where Robertson Stephens Advisors LLC performs its advisory services is located at 555 California Street, San Francisco, CA 94104, 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 415 500-6810 or by fax 415-500-6809. The normal business hours are 8-5 on Monday - Friday. You can find more information about the New York firm at rsadv.com.