Perigon Wealth Management, LLC (San Francisco)

Name: Perigon Wealth Management, LLC
Address: 201 Mission Street, San Francisco, CA, 94105
Telephone: 415-430-4140

Perigon Wealth Management, LLC is a large advisory firm based in San Francisco. It manages $772 million of regulatory assets for 927 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Arizona, California, Colorado, and 6 other states.

Perigon Wealth Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and multi-family office/wealth advisory, advisory consulting, and sub-advisory management. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Perigon Wealth Management: assets under management

The assets under management (AUM) of Perigon Wealth Management, LLC is $772 million. The firm's AUM has grown by 1476% since the beginning of its operation, and $3.3 million of the total AUM is attributable to clients outside of the United States.

The firm manages $751 million in discretionary accounts and $21 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $815.42 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.5 million.

Perigon Wealth Management has custody of $400 million in cash and securities for 100 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 48% of the total AUM. The second-largest asset type is investment and business development companies, which make up 35% of the firm’s portfolio. Investments in state and local bonds form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Perigon Wealth 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 Philip Allen Hart serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Philip Allen Hart is high net worth individuals with 280 clients and $726 million of assets under management. Among the 10 most similar advisory firms, Perigon Wealth Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $772 million for 397 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Perigon Wealth Management doesn't advise any private funds.

Careers at Perigon Wealth Management, LLC

The company employs 23 people that are either part- or full-time employees. 78 percent of the employees work as investment advisers or researchers. 18 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

Philip Allen Hart has been acting as President since 1 Apr 2004. Llc Perigon Financial Holdings joined the executive team most recently as the Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Philip Allen Hart	Director	1 Apr 2004	Other	1231843
Llc Perigon Partners	Parent company	1 Apr 2004	75% - 100%	20-0879944
Steven Robert Triebes	Principal	1 Apr 2004	25% - 50%	4781268
Joseph Heriberto Caballero	Principal	1 Apr 2004	25% - 50%	2587867
Christopher Jon Borden	Principal	1 Apr 2004	Other	4781274
Kimberly Teodore Schoknecht	Chairman	1 Apr 2004	Other	4782705
Jennifer Page Harding	Director	1 Nov 2004	Other	4897024
Brian Lee Stone	Office manager/chief compliance officer	1 Jul 2011	Other	6037732
Christopher Houston Hale	Chief operating officer / chief compliance officer	1 Jan 2013	Other	4846742
Arthur John Ambarik	Director	1 Jan 2013	Other	4447307
Matthew Allen Johnson	Director	1 Feb 2013	Other	3000166
Steven Howard Schow	Director	1 May 2014	Other	1020360
Gesa Emarie Jaravata	Chief compliance officer	1 Mar 2016	Other	6481687
Daniel Newhall	Chief compliance officer	1 Jan 2018	Other	6800229
Philip Allen Hart	Director	1 Jan 2019	Other	1231843
Arthur John Ambarik	Chief executive officer	1 Jan 2019	Other	4447307
Llc Perigon Financial Holdings	Member	1 Jan 2019	75% - 100%	83-2854174
Charles Bernard Pinson Rose	Chief financial officer	1 Jan 2019	Other	4452987

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Christopher Houston Hale	Partner	1 Jun 2014	25% - 50%	4846742
Steven Howard Schow	Partner	1 Jun 2014	25% - 50%	1020360
Matthew Allen Johnson	Partner	1 Jun 2014	25% - 50%	3000166
Arthur John Ambarik	Partner	1 Jun 2014	25% - 50%	4447307
Llc Perigon Partners	Member	1 Jan 2019	75% - 100%	20-0879944

Based in San Francisco

The principal office where Perigon Wealth Management, LLC performs its advisory services is located at 201 Mission Street, San Francisco, CA 94105, which is also the mailing address of the firm. An additional office of the firm is in Salinas, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 415-430-4140 or by fax 415-857-6382. The normal business hours are 9:00am- 5:00pm on Monday - Friday. You can find more information about the New York firm at perigonpartners.net.