Menlo Equities LLC (Menlo Park)


Menlo Equities LLC is a large advisory firm based in Menlo Park. It manages $2.05 billion of regulatory assets for 47 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of California.

Menlo Equities provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Menlo Equities: assets under management

The assets under management (AUM) of Menlo Equities LLC is $2.05 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 387% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.05 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $43.56 million each.
Menlo Equities has custody of $2.05 billion in cash and securities for 12 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Menlo Equities LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Menlo Equities serves?

The firm provides services to pooled investment vehicles and corporations or other businesses. The largest group of clients of Menlo Equities is pooled investment vehicles with 5 clients and $1.82 billion of assets under management. Among the 9 most similar advisory firms, Menlo Equities has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.05 billion for 12 clients. None of the firm’s clients are foreign persons or businesses.

Menlo Equities also advises several private funds. Namely, five real estate funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $1,000,000.

Careers at Menlo Equities LLC

The company employs 26 people that are either part- or full-time employees. 46 percent of the employees work as investment advisers or researchers. No 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Richard Holmstrom Managing principal 1 Mar 1999 Other 6035439
Diamant Investments Llc Member and co-owner 1 Mar 1999 25% - 50% xxx-xx-xxxx
Henry Bullock Managing principal 1 Mar 1999 Other 6035438
Menlo Equities Inc. Managing member and co-owner 1 Mar 1999 50% - 75% 94-3190591
Jane Vaughan Partner 1 Jun 2000 Other 6035421
Kevin Kujawski Chief financial and operating officer 1 Nov 2011 Other 6036211
Robert Freer Snook Chief compliance officer 1 Feb 2012 Other 2808448
Kevin Kujawski Chief compliance officer 1 Jul 2012 Other 6036211
Michael Griffin Chief financial officer 1 Jan 2019 Other 6887508

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
Legacy Holdings 2008 Revocable Trust Owner 1 Mar 1999 75% - 100% xxx-xx-xxxx
Henry D. And Terri D. Bullock Living Trust Owner 1 Mar 1999 75% - 100% xxx-xx-xxxx
Robert Ham Eng Trustee 1 Jul 2019 Other 7164372
Henry D. Bullock Administrative Trust Owner 1 Jul 2019 75% - 100% 84-6576831

Based in Menlo Park

The principal office where Menlo Equities LLC performs its advisory services is located at 2765 Sand Hill Road, Menlo Park, CA 94025, 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 650-326-9300 or by fax 650-326-9333. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at menloequities.com.