The Portola Group Inc is an adviser based in San Jose. It manages $51.14 million of regulatory assets for 50 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Hawaii, New Hampshire, Oregon, and Washington.
The Portola Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, publication of newsletters, and purchaser representative. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of The Portola Group Inc is $51.14 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -98% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay The Portola Group Inc for their services and products based on a percentage of assets under management and fixed fees. 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.
The firm provides services to individuals and charitable organizations. The largest group of clients of Robert Crane Fitzwilson is individuals with 48 clients and $49.14 million of assets under management. Among the 7 most similar advisory firms, The Portola Group has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $51.14 million for 50 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
The Portola Group doesn't advise any private funds.
The company employs 4 people that are either part- or full-time employees. 25 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.
Robert Crane Fitzwilson has been acting as President since 1 Sep 1979. David Elliot Faulk joined the executive team most recently as the Chief Compliance Officer/Chief Financial Officer.
The principal office where The Portola Group Inc performs its advisory services is located at 3150 Almaden Expy, San Jose, CA 95118 1250, 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 650-854-7550 or by fax 650-854-8363. The normal business hours are 9:00 am to 1:00 pm on Other. You can find more information about the New York firm at portolagroup.com.