Oder Investment Management, LLC (Woodland Hills)


Oder Investment Management, LLC is a large advisory firm based in Woodland Hills. It manages $179.98 million of regulatory assets for 405 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California and Texas.

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

Oder Investment Management: assets under management

The assets under management (AUM) of Oder Investment Management, LLC is $179.98 million. The firm's AUM has grown by 78% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $176.32 million in discretionary accounts and $3.65 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $441.91 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $608.89 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 30% of the total AUM. The second-largest asset type is exchange traded securities, which make up 28% of the firm’s portfolio. Investments in state and local bonds form 20% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Oder Investment 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 Oder Investment Management serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Oder Investment Management is high net worth individuals with 39 clients and $130.91 million of assets under management. Among the 7 most similar advisory firms, Oder Investment Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $167.06 million for 152 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.

Oder Investment Management doesn't advise any private funds.

Careers at Oder Investment Management, LLC

The company employs 5 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 5 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Joshua Kenneth Oder Managing member (since 1999), chief compliance officer (since 2017) 1 Jan 1999 75% - 100% 3195875
Steven Samuel Zorn Member 1 Mar 2015 Other 4096534

Based in Woodland Hills

The principal office where Oder Investment Management, LLC performs its advisory services is located at 21300 Victory Blvd, Woodland Hills, CA 91367, which is also the mailing address of the firm. An additional office of the firm is in Los Angeles, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (818) 676-0036 or by fax (818) 676-0017. The normal business hours are 7:45 a.m. to 4:00 p.m. on Monday - Friday. You can find more information about the New York firm at oderllc.com.