Tarbox Family Office, Inc. (Newport Beach)

Name: Tarbox Family Office, Inc.
Address: 500 Newport Center Drive, Newport Beach, CA, 92660
Telephone: 949-721-2330

Tarbox Family Office, Inc. is a large advisory firm based in Newport Beach. It manages $602.52 million of regulatory assets for 550 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Arizona and California.

Tarbox Family Office provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and tax preparation and/or consulting. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Tarbox Family Office: assets under management

The assets under management (AUM) of Tarbox Family Office, Inc. is $602.52 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 16% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $602.52 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.1 million each.

Tarbox Family Office has custody of $272.07 million in cash and securities for 84 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 50% of the total AUM. The second-largest asset type is exchange traded securities, which make up 46% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tarbox Family Office, Inc. 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.

What kind of clients Tarbox Family Office serves?

The firm provides services to high net worth individuals and corporations or other businesses. The largest group of clients of Tarbox Family Office is high net worth individuals with 111 clients and $542.07 million of assets under management. Among the 10 most similar advisory firms, Tarbox Family Office has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $590.88 million for 125 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.

Tarbox Family Office doesn't advise any private funds.

Careers at Tarbox Family Office, Inc.

The company employs 7 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 6 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
Laura Ann Tarbox	President / chief executive officer	1 Jun 1985	75% - 100%	727947
Michael J Nozzarella	Managing director	1 Jan 2006	Other	4795933
Mary Elizabeth Sigler	Chief compliance officer	1 Jan 2016	Other	2280110

Based in Newport Beach

The principal office where Tarbox Family Office, Inc. performs its advisory services is located at 500 Newport Center Drive, Newport Beach, CA 92660, which is also the mailing address of the firm. An additional office of the firm is in Phoenix, AZ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 949-721-2330 or by fax 949-721-0734. The normal business hours are 8 a.m. to 5 p.m. on Monday - Friday. You can find more information about the New York firm at tarbox.com.