Baker Street Advisors, LLC is a large advisory firm based in San Francisco. It manages $8.18 billion of regulatory assets for 3,621 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of California, Louisiana, Massachusetts, and 4 other states.
Baker Street Advisors provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Baker Street Advisors, LLC is $8.18 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 2625% 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 Baker Street Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, 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 charitable organizations and high net worth individuals. The largest group of clients of Edward Huggins Fine is high net worth individuals with 325 clients and $7.96 billion of assets under management. Among the 9 most similar advisory firms, Baker Street Advisors has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $8.18 billion for 335 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.
Baker Street Advisors doesn't advise any private funds.
The company employs 42 people that are either part- or full-time employees. 21 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.
Edward Huggins Fine has been acting as President since 1 Oct 2006. Heather Leigh Pelant joined the executive team most recently as the Managing Director.
The principal office where Baker Street Advisors, LLC performs its advisory services is located at 455 Market Street, San Francisco, CA 94105, 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 415-344-6180 or by fax 415-344-6190. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at bakerstreetadvisors.com/.