Symphony Financial Planning LLC (Davis)

Name: Symphony Financial Planning LLC
Address: 1784 Picasso Avenue, Davis, CA, 95618 0551
Telephone: 530-758-2885

Symphony Financial Planning LLC is a large advisory firm based in Davis. It manages $127.84 million of regulatory assets for 433 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California, Oregon, and Texas.

Symphony Financial Planning provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and educational seminars and workshops. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Symphony Financial Planning: assets under management

The assets under management (AUM) of Symphony Financial Planning LLC is $127.84 million. The firm's AUM has grown by 8% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $126.49 million in discretionary accounts and $1.34 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $293.48 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $672.1 thousand.

Symphony Financial Planning has custody of $111.77 million in cash and securities for 129 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 88% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 9% of the firm’s portfolio. Investments in exchange traded securities form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Symphony Financial Planning LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Symphony Financial Planning serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Symphony Financial Planning is high net worth individuals with 55 clients and $87.87 million of assets under management. Among the 10 most similar advisory firms, Symphony Financial Planning has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $126.28 million for 146 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.

Symphony Financial Planning doesn't advise any private funds.

Careers at Symphony Financial Planning LLC

The company employs 7 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. 4 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 compensates 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
Paul Alan Meyerhoff	President & chief compliance officer	1 Nov 2005	75% - 100%	2797997

Based in Davis

The principal office where Symphony Financial Planning LLC performs its advisory services is located at 1784 Picasso Avenue, Davis, CA 95618 0551, 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 530-758-2885 or by fax 530-758-2115. The normal business hours are 8:30-5:00 m-th; 8:30 - 3:00 f on Monday - Friday. You can find more information about the New York firm at symphonyfinancialplanning.com.