Baker Avenue Asset Management, LP is a large advisory firm based in San Francisco. It manages $1.56 billion of regulatory assets for 1,687 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 19 other states.
Baker Avenue Asset Management provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Baker Avenue Asset Management, LP is $1.56 billion. The firm's AUM has grown by 6125% since the beginning of its operation, and $1 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Baker Avenue Asset Management, LP for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Baker Avenue Asset Management is high net worth individuals with 313 clients and $1.12 billion of assets under management. Among the 9 most similar advisory firms, Baker Avenue Asset Management has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $1.56 billion for 720 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.
Baker Avenue Asset Management doesn't advise any private funds.
The company employs 23 people that are either part- or full-time employees. 65 percent of the employees work as investment advisers or researchers. 15 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.
The principal office where Baker Avenue Asset Management, LP performs its advisory services is located at 301 Battery Street, San Francisco, CA 94111, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 415-986-1110 or by fax 415-986-4140. The normal business hours are 7 a.m to 5 p.m on Monday - Friday. You can find more information about the New York firm at bakerave.com.