Onpointe Advisory And Financial Services, LLC (Petaluma)

Name: Onpointe Advisory And Financial Services, LLC
Address: 2090 Marina Avenue, Petaluma, CA, 94954
Telephone: 800-395-0045

Onpointe Advisory And Financial Services, LLC is an adviser based in Petaluma. It manages $28.98 million of regulatory assets for 321 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of California.

Onpointe Advisory And Financial Services provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Onpointe Advisory And Financial Services: assets under management

The assets under management (AUM) of Onpointe Advisory And Financial Services, LLC is $28.98 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in investment and business development companies the most. They account for 85% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 5% of the firm’s portfolio. Investments in state and local bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Onpointe Advisory And Financial Services, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Robert Preston Pitts serves?

The firm provides services to individuals and pension and profit sharing plans. The largest group of clients of Robert Preston Pitts is individuals with 273 clients and $21.1 million of assets under management. Among the 3 most similar advisory firms, Onpointe Advisory And Financial Services has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $28.98 million for 274 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.

Onpointe Advisory And Financial Services doesn't advise any private funds.

Careers at Onpointe Advisory And Financial Services, LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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.

Robert Preston Pitts has been acting as President since 1 Mar 2012. Inc. Legacy Alliance joined the executive team most recently as the Managing Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Legacy Alliance	Managing member	1 Mar 2012	75% - 100%	27-1451623
Francis Daniel Ertel	Vice president of sales	1 Mar 2012	Other	2136249
Christina Lynn Eaken	Chief compliance officer	1 Mar 2012	Other	4484258
Robert Preston Pitts	President	1 Mar 2012	Other	2624478
Robert Preston Pitts	Vice president of sales	1 Sep 2017	Other	2624478

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Lynda Louise Pitts	Grantor and trustee	1 Aug 1994	Other	2149722
Ram Investments Trust	Majority shareholder	1 Jun 1997	50% - 75%	xxx-xx-xxxx
Ram Investments Trust	Majority shareholder	1 Apr 2010	50% - 75%	12-1234567

Based in Petaluma

The principal office where Onpointe Advisory And Financial Services, LLC performs its advisory services is located at 2090 Marina Avenue, Petaluma, CA 94954, 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 800-395-0045 or by fax 707-765-5804. 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 onpointeadvisory.net.