Union Financial Partners, San Francisco, Inc. (San Francisco)


Union Financial Partners, San Francisco, Inc. is a large advisory firm based in San Francisco. It manages $113.98 million of regulatory assets for 127 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of California.

Union Financial Partners, San Francis provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Union Financial Partners, San Francis: assets under management

The assets under management (AUM) of Union Financial Partners, San Francisco, Inc. is $113.98 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 336% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $113.98 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $897.52 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 72% of the total AUM. The second-largest asset type is exchange traded securities, which make up 10% of the firm’s portfolio. Investments in state and local bonds form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Union Financial Partners, San Francisco, Inc. 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 Union Financial Partners, San Francis serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Union Financial Partners, San Francis is high net worth individuals with 27 clients and $75.67 million of assets under management. Among the 6 most similar advisory firms, Union Financial Partners, San Francis has the lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $113.98 million for 127 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.

Union Financial Partners, San Francis doesn't advise any private funds.

Careers at Union Financial Partners, San Francisco, Inc.

The company employs 3 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

Joshua Aaron Lelchook has served as the Chief Investment Officer since 1 Jul 2004. Jean Ann Rowe joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Ann Jennie Terranova Owner & ceo, chief compliance officer 1 Jun 2004 75% - 100% 2050763
Joshua Aaron Lelchook Chief investment officer 1 Jul 2004 Other 2851184
Anthony John Gesek Shareholder 1 Dec 2006 Other 4671211
Tessa Lynn Gesek Shareholder 1 Dec 2006 Other 4671212
Jean Ann Rowe Chief compliance officer 1 Jul 2008 Other 5639738

Based in San Francisco

The principal office where Union Financial Partners, San Francisco, Inc. performs its advisory services is located at 2001 Union Street, San Francisco, CA 94123, 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 415-563-3000 or by fax 415-563-1175. The normal business hours are 9:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at ufpartners.com.