The Portola Group Inc (San Jose)


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 Portola Group: assets under management

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 firm manages $51.14 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.02 million each.

Investments

The firm invests in exchange traded securities the most. They account for 92% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 2% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

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. 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 Robert Crane Fitzwilson serves?

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.

Careers at The Portola Group Inc

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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Robert Crane Fitzwilson Director/president/chief investment officer 1 Sep 1979 Other 4342690
Perry Olson Director 1 Apr 1981 50% - 75% 1823271
Perry Vaughn Olson Director 1 Apr 1981 50% - 75% 1823271
Robert Crane Trustee Of The Robert Crane Fitzwilson Trust Fitzwilson Shareholder 1 Aug 1987 75% - 100% xxx-xx-xxxx
Robert Crane Fitzwilson Trust U/A 6/24/87 Shareholder 1 Aug 1987 75% - 100% xxx-xx-xxxx
Janet Littlefield Vice-president 1 Sep 1989 Other 2121219
Janet King Littlefield Vice-president 1 Sep 1989 Other 2121219
Kent Robert Seymour Vice-president 1 Sep 1991 Other 1792039
Georgia Mckinley Vice-president 1 Feb 1995 Other 2592343
Mark Munsell Vice-president 1 Feb 1995 Other 2592346
Georgia Mckinley Munsell Vice-president 1 Feb 1995 Other 2592343
Mark Lowell Munsell Vice-president 1 Feb 1995 Other 2592346
Wendy Catherine Bastis Senior investment strategist 1 Jul 1995 Other 2777376
Trustees Of The Olson Family Trust Dtd 6 6 97 Perry V. Olson And Lynne B. Olson Shareholder 1 Jun 1997 50% - 75% xxx-xx-xxxx
Thomas William Six Chief financial officer 1 Dec 1998 Other 2586321
David Elliot Faulk Chief compliance officer/chief financial officer 1 Feb 2014 Other 5021007
Robert Crane Fitzwilson Chief compliance officer/chief financial officer 1 Nov 2014 Other 4342690

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
Robert C. Fitzwilson Trustee 1 Aug 1987 75% - 100% xxx-xx-xxxx
Robert Crane Fitzwilson Trustee 1 Aug 1987 75% - 100% xxx-xx-xxxx
Trustee Robert C. Fitzwilson Trust Sole Beneficiary Robert C. Fitzwilson Shareholder 1 Aug 1987 75% - 100% xxx-xx-xxxx
Robert C. Fitzwilson Trust Shareholder 1 Aug 1987 75% - 100% xxx-xx-xxxx

Based in San Jose

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.