Vivid Financial Management, Inc. (Orcutt)

Name: Vivid Financial Management, Inc.
Address: 340 East Clark Ave., Orcutt, CA, 93455
Telephone: 805-937-4556

Vivid Financial Management, Inc. is a large advisory firm based in Orcutt. It manages $334.99 million of regulatory assets for 2,355 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Arizona, California, Colorado, and 11 other states.

Vivid Financial Management provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, and tax preparation. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Vivid Financial Management: assets under management

The assets under management (AUM) of Vivid Financial Management, Inc. is $334.99 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 63% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $334.99 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $142.25 thousand each.

Vivid Financial Management has custody of $234.28 million in cash and securities for 480 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 74% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 13% of the firm’s portfolio. Investments in exchange traded securities form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Vivid Financial Management, Inc. for their services and products based on a percentage of assets under management 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 Vivid Financial Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Vivid Financial Management is high net worth individuals with 196 clients and $185.74 million of assets under management. Among the 7 most similar advisory firms, Vivid Financial Management has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $332.84 million for 896 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.

Vivid Financial Management doesn't advise any private funds.

Careers at Vivid Financial Management, Inc.

The company employs 10 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 8 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.

Vivid Financial Management, Inc. is owned by Bradley Ryan Boulton. Calvin Clark Harris joined the executive team most recently as the Part Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Bradley Ryan Boulton	Owner	1 May 2014	Other	5977189
Julie Anne Darrah	Owner and chief compliance officer	1 May 2015	75% - 100%	2102014
Timothy Miller	Owner	1 May 2015	Other	6475198
Bradley Ryan Boulton	Secretary	1 May 2015	25% - 50%	5977189
Todd Martin Woodland	Vice president	1 Jul 2015	25% - 50%	1696805
Timothy Miller	Treasurer	1 Jul 2015	Other	6475198
Calvin Clark Harris	Part owner	1 Dec 2016	Other	6112644

Based in Orcutt

The principal office where Vivid Financial Management, Inc. performs its advisory services is located at 340 East Clark Ave., Orcutt, CA 93455, which is also the mailing address of the firm. An additional office of the firm is in Lompoc, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 805-937-4556. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at vividfm.com and its LinkedIn profile.