One Day In July LLC (Burlington)

Name: One Day In July LLC
Address: 77 College St. #3 A, Burlington, VT, 05401
Telephone: 802-881-9020

One Day In July LLC is a large advisory firm based in Burlington. It manages $242.02 million of regulatory assets for 885 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California, Florida, Maryland, and 5 other states.

One Day In July provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, publication of newsletters, and portfolio management for non-profits. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

One Day In July: assets under management

The assets under management (AUM) of One Day In July LLC is $242.02 million. The firm's AUM has grown by 76% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $234.9 million in discretionary accounts and $7.12 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $267.54 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.02 million.

One Day In July has custody of $18.32 million in cash and securities for 64 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 70% of the total AUM. The second-largest asset type is government bonds, which make up 20% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay One Day In July LLC 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 One Day In July serves?

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 One Day In July is high net worth individuals with 56 clients and $133.95 million of assets under management. Among the 9 most similar advisory firms, One Day In July has the 3rd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $242.02 million for 315 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.

One Day In July doesn't advise any private funds.

Careers at One Day In July LLC

The company employs 10 people that are either part- or full-time employees. 60 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
Daniel Patrick Cunningham	Chief compliance officer	1 May 2016	75% - 100%	6676005

Based in Burlington

The principal office where One Day In July LLC performs its advisory services is located at 77 College St. #3 A, Burlington, VT 05401, which is also the mailing address of the firm. An additional office of the firm is in Portsmouth, NH. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 802-881-9020 or by fax N/A. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at onedayinjuly.com.