Advisor Partners, LLC (Walnut Creek)


Advisor Partners, LLC is a large advisory firm based in Walnut Creek. It manages $711.92 million of regulatory assets for 693 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Colorado, Connecticut, and 16 other states.

Advisor Partners provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and construction of model securities portfolios. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Advisor Partners: assets under management

The assets under management (AUM) of Advisor Partners, LLC is $711.92 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 2407% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $711.92 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.03 million each.

Investments

The firm invests in exchange traded securities the most. They account for 99% of the total AUM. The second-largest asset type is investment and business development companies, which make up 1% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Advisor Partners, 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 Andrew Thomas Rudd serves?

The firm provides services to individuals, other investment advisers, high net worth individuals, and corporations or other businesses. The largest group of clients of Andrew Thomas Rudd is high net worth individuals with 496 clients and $639.46 million of assets under management. Among the 11 most similar advisory firms, Advisor Partners has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $711.92 million for 693 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.

Advisor Partners doesn't advise any private funds.

Careers at Advisor Partners, LLC

The company employs 8 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. No 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Andrew Thomas Rudd has been acting as President since 1 Jan 2002. James Edward Blachman has served as the Chief Investment Officer since 1 Mar 2003. Lesley Lynn Jones joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Dennis Patrick Clark Ceo 1 Jul 2001 75% - 100% 1410280
Andrew Thomas Rudd Chairman 1 Jan 2002 25% - 50% 2123443
James Edward Blachman Chief investment officer 1 Mar 2003 Other 1889876
David Leroy Gemmer Member 1 May 2004 Other 855865
Jodi Lynn Borkowitz Director of sales and marketing 1 Jun 2004 Other 4322088
Rudd Family Trust 100% shareholder of advisor software inc. 1 May 2005 75% - 100% 20-2413459
Jodi Lynn Borkowitz Member 1 Jun 2005 Other 4322088
Dennis Patrick Clark President 1 Oct 2008 Other 1410280
James Edward Blachman Chief investment officer / chief compliance officer 1 Oct 2008 Other 1889876
Albert Gerald Steele Ceo 1 Oct 2008 Other 4863207
Inc. Bellatore Financial Parent company 1 Oct 2008 75% - 100% 143543
Larry Cowen Chief compliance officer 1 Jan 2009 Other 5006593
Lawrence (Nmn) Cowen Chief compliance officer 1 Jan 2009 Other 5006593
Andrew Thomas Rudd Ceo and chairman, investment oversight committee 1 Dec 2009 Other 2123443
Michelle Lyn Farmer Eldridge Chief compliance officer and chief operating officer 1 Dec 2009 Other 2696932
Michelle Lyn Farmer Chief compliance officer 1 Dec 2009 Other 2696932
Dennis Patrick Clark President 1 Dec 2009 Other 1410280
James Edward Blachman Chief investment officer 1 Dec 2009 Other 1889876
Inc. Advisor Software Managing member of llc 1 Dec 2009 75% - 100% 20-2413459
Daniel Steven Kern President 1 Aug 2011 Other 1192557
Rahul Nmn Agrawal Chief investment officer, chief operations officer 1 Mar 2014 Other 4840980
Advisor Partners Holding Co Managing member of llc 1 May 2015 75% - 100% 47-4066957
Vikas Oswal Ceo and chief investment officer 1 Jan 2016 Other 3087464
Lesley Lynn Jones Chief compliance officer 1 Jun 2018 Other 4636524

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Andrew Thomas Rudd Trustee 1 Sep 1997 75% - 100% 2123443
Virginia Anne Rudd Trustee 1 Sep 1997 75% - 100% 5553047

Based in Walnut Creek

The principal office where Advisor Partners, LLC performs its advisory services is located at 2175 North California Blvd, Walnut Creek, CA 94596 7103, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 415-477-9977 or by fax 415-989-0632. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at advisorpartners.com.