Knuff & Company LLC (Foster City)

Name: Knuff & Company LLC
Address: 950 Tower Lane, Foster City, CA, 94404
Telephone: 650-832-9010

Knuff & Company LLC is a large advisory firm based in Foster City. It manages $148.84 million of regulatory assets for 62 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of California.

Knuff & Company provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Knuff & Company: assets under management

The assets under management (AUM) of Knuff & Company LLC is $148.84 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 21% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $148.84 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.4 million each.

Knuff & Company has custody of $6.62 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in non-exchange traded securities the most. They account for 83% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 14% of the firm’s portfolio. Investments in investment and business development companies form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Knuff & Company LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Knuff & Company serves?

The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Knuff & Company is high net worth individuals with 12 clients and $142.22 million of assets under management. Among the 7 most similar advisory firms, Knuff & Company has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $148.84 million for 13 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.

Knuff & Company also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $2,000,000 for each fund.

Careers at Knuff & Company LLC

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. No 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
Heather B Knuff	Managing partner, chief compliance officer	1 Jul 2018	75% - 100%	4714689

Based in Foster City

The principal office where Knuff & Company LLC performs its advisory services is located at 950 Tower Lane, Foster City, CA 94404, 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 650-832-9010. The normal business hours are 8:00 am -5:00 pm on Monday - Friday. You can find more information about the New York firm at knuffco.com/.