Ginsburg Financial Advisors, Inc. (Oakland)

Name: Ginsburg Financial Advisors, Inc.
Address: 6201 Medau Place, Oakland, CA, 94611
Telephone: (510) 339-3933

Ginsburg Financial Advisors, Inc. is a large advisory firm based in Oakland. It manages $188.27 million of regulatory assets for 559 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of California and Louisiana.

Ginsburg Financial Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, publication of newsletters, and expert witness service. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Ginsburg Financial Advisors: assets under management

The assets under management (AUM) of Ginsburg Financial Advisors, Inc. is $188.27 million. The firm's AUM has grown by 9% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $137.98 million in discretionary accounts and $50.29 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $344.96 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $316.28 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 95% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 4% of the firm’s portfolio. Investments in exchange traded securities form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ginsburg Financial Advisors, Inc. 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 Ginsburg Financial Advisors serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Ginsburg Financial Advisors is high net worth individuals with 67 clients and $138.05 million of assets under management. Among the 10 most similar advisory firms, Ginsburg Financial Advisors has the 5th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $188.27 million for 154 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.

Ginsburg Financial Advisors doesn't advise any private funds.

Careers at Ginsburg Financial Advisors, Inc.

The company employs 6 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 3 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Larry Philip Ginsburg	President, chief compliance officer	1 Aug 2007	75% - 100%	731003

Based in Oakland

The principal office where Ginsburg Financial Advisors, Inc. performs its advisory services is located at 6201 Medau Place, Oakland, CA 94611, 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 (510) 339-3933 or by fax (510) 339-1611. The normal business hours are 8:30 am - 5:30 pm pt on Monday - Friday. You can find more information about the New York firm at ginsburgadvisors.com.