Trivant Custom Portfolio Group LLC (San Diego)

Name: Trivant Custom Portfolio Group LLC
Address: 600 W Broadway, San Diego, CA, 92101
Telephone: 619-286-3930

Trivant Custom Portfolio Group LLC is a large advisory firm based in San Diego. It manages $109.35 million of regulatory assets for 333 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdiction of California.

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

Trivant Custom Portfolio Group: assets under management

The assets under management (AUM) of Trivant Custom Portfolio Group LLC is $109.35 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $109.35 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $328.39 thousand each.

Trivant Custom Portfolio Group has custody of $59.85 million in cash and securities for 116 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 71% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 9% of the firm’s portfolio. Investments in government bonds form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Trivant Custom Portfolio Group LLC for their services and products based on a percentage of assets under management and performance-based 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 Trivant Custom Portfolio Group serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pooled investment vehicles. The largest group of clients of Trivant Custom Portfolio Group is high net worth individuals with 190 clients and $97.96 million of assets under management. Among the 10 most similar advisory firms, Trivant Custom Portfolio Group has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $109.35 million for 334 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.

Trivant Custom Portfolio Group also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $100,000 for each fund.

Careers at Trivant Custom Portfolio Group LLC

The company employs 4 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’s a single person 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.

John Bruce Barber has served as the Chief Investment Officer since 1 Nov 2003. Michael Carl Harris joined the executive team most recently as the Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Daniel Mark Laimon	Managing member	1 Nov 2003	25% - 50%	4739072
John Bruce Barber	Chief investment officer/chief compliance officer	1 Nov 2003	25% - 50%	2799248
Michael Carl Harris	Vice president	1 Jan 2016	25% - 50%	4699319

Based in San Diego

The principal office where Trivant Custom Portfolio Group LLC performs its advisory services is located at 600 W Broadway, San Diego, CA 92101, 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 619-286-3930 or by fax 619-330-1822. The normal business hours are 8:30 a.m to 5 p.m. on Monday - Friday. You can find more information about the New York firm at trivant.com.