Lava Creek Capital Management, LLC (San Francisco)

Name: Lava Creek Capital Management, LLC
Address: 500 Sansome Street, San Francisco, CA, 94111
Telephone: 415-906-4455

Lava Creek Capital Management, LLC is an adviser based in San Francisco. It manages $74.6 million of regulatory assets for 188 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of California.

Lava Creek Capital Management 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.

Lava Creek Capital Management: assets under management

The assets under management (AUM) of Lava Creek Capital Management, LLC is $74.6 million. The firm's AUM has grown by 29% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $72.7 million in discretionary accounts and $1.9 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $403.89 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $237.5 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 80% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 15% of the firm’s portfolio. Investments in government bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Lava Creek Capital Management, 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 Lava Creek Capital Management serves?

The firm provides services to individuals, high net worth individuals, and pooled investment vehicles. The largest group of clients of Lava Creek Capital Management is individuals with 120 clients and $50.5 million of assets under management. Among the 4 most similar advisory firms, Lava Creek Capital Management has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $74.12 million for 187 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.

Lava Creek Capital Management doesn't advise any private funds.

Careers at Lava Creek Capital Management, 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’s a single person 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Isabelle Bird	Managing member	1 Oct 2010	25% - 50%	6126048
Brian Lynn Eisenbarth	Managing member	1 Dec 2010	75% - 100%	2377909
Isabelle Bird	Member	1 Jan 2011	25% - 50%	6126048
Brian Lynn Eisenbarth	Chief compliance officer	1 Sep 2012	75% - 100%	2377909
Brian Lynn Eisenbarth	Chief compliance officer/managing member	1 Oct 2012	75% - 100%	2377909
Isabelle Bird	Member	1 Oct 2012	25% - 50%	6126048

Based in San Francisco

The principal office where Lava Creek Capital Management, LLC performs its advisory services is located at 500 Sansome Street, San Francisco, CA 94111, 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 415-906-4455 or by fax 415-906-4450. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at lavacreekcap.com.