Collective Family Office, LLC (York)

Name: Collective Family Office, LLC
Address: 235 St. Charles Way, York, PA, 17402
Telephone: (717) 296-1584

Collective Family Office, LLC is a large advisory firm based in York. It manages $104.07 million of regulatory assets for 72 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdiction of Pennsylvania.

Collective Family Office provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Collective Family Office: assets under management

The assets under management (AUM) of Collective Family Office, LLC is $104.07 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $103.6 million in discretionary accounts and $471.82 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.48 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $235.91 thousand.

Collective Family Office has custody of $104.07 million in cash and securities for 21 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 57% of the total AUM. The second-largest asset type is exchange traded securities, which make up 29% of the firm’s portfolio. Investments in cash and cash equivalents form 9% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Collective Family Office, LLC for their services and products based on a percentage of assets under management. 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.

What kind of clients Collective Family Office serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Collective Family Office is high net worth individuals with 19 clients and $103.73 million of assets under management. Among the 12 most similar advisory firms, Collective Family Office has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $104.07 million for 21 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.

Collective Family Office doesn't advise any private funds.

Careers at Collective Family Office, LLC

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 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
David Scott Sivel	Managing member	1 Mar 2019	25% - 50%	2632323
Trevor Nathan Hoffman	Managing member/chief compliance officer	1 Mar 2019	25% - 50%	7085552
Brian David Luster	Managing member	1 Mar 2019	25% - 50%	5065637

Based in York

The principal office where Collective Family Office, LLC performs its advisory services is located at 235 St. Charles Way, York, PA 17402 The mailing address of the firm is 235 St. Charles Way, York, PA 17402. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (717) 296-1584. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at collectivefamilyoffice.com.