Stonnington Group, LLC is a large advisory firm based in Pasadena. It manages $257.4 million of regulatory assets for 246 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of California, Colorado, District of Columbia, and 7 other states.
Stonnington Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. 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 Stonnington Group, LLC is $257.4 million. The firm's AUM has grown by 152% since the beginning of its operation, and $321 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Stonnington Group, LLC for their services and products based on a percentage of assets under management, fixed fees, and commissions. 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, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Stonnington Group is high net worth individuals with 45 clients and $217 million of assets under management. Among the 10 most similar advisory firms, Stonnington Group has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $253.4 million for 105 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.
Stonnington Group doesn't advise any private funds.
The company employs 6 people that are either part- or full-time employees. 50 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’s a single person 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 receive compensation from other entities for client referrals.
The principal office where Stonnington Group, LLC performs its advisory services is located at 600 S. Lake Ave, Pasadena, CA 91106, 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 (626) 469-8166 or by fax 626-796-5834. The normal business hours are 7:30 a.m. to 5:30 p.m. on Monday - Friday. You can find more information about the New York firm at stonningtongroup.com.