Ensemble Capital Management, LLC (Burlingame)

Name: Ensemble Capital Management, LLC
Address: 1350 Bayshore Highway, Burlingame, CA, 94010
Telephone: 650/696-1240

Ensemble Capital Management, LLC is a large advisory firm based in Burlingame. It manages $780.85 million of regulatory assets for 533 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of California, Florida, Louisiana, Texas, and Washington.

Ensemble Capital Management provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for investment companies. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Ensemble Capital Management: assets under management

The assets under management (AUM) of Ensemble Capital Management, LLC is $780.85 million. The firm's AUM has grown by 629% since the beginning of its operation, and $5.47 million of the total AUM is attributable to clients outside of the United States.

The firm manages $778.86 million in discretionary accounts and $1.99 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.47 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $664.33 thousand.

Ensemble Capital Management has custody of $201.02 million in cash and securities for 82 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 74% of the total AUM. The second-largest asset type is investment and business development companies, which make up 10% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Ensemble Capital Management, LLC for their services and products based on a percentage of assets under management. 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.

What kind of clients Ensemble Capital Management serves?

The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Ensemble Capital Management is high net worth individuals with 143 clients and $517.56 million of assets under management. Among the 10 most similar advisory firms, Ensemble Capital Management has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $758.97 million for 194 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.

Ensemble Capital Management doesn't advise any private funds.

Careers at Ensemble Capital Management, LLC

The company employs 11 people that are either part- or full-time employees. 73 percent of the employees work as investment advisers or researchers. 7 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
Curtis Hammond Brown	Member, portfolio manager	1 Aug 1997	25% - 50%	32117
Sean Patrick Stannard Stockton	Managing member, president, chief investment officer, portfolio manager	1 Jan 2004	50% - 75%	4390296
Matthew Edward Pearson	Operations manager	1 Mar 2008	Other	4603190
Matthew Edward Pearson	Operations manager	1 Apr 2008	Other	4603190
Matthew Edward Pearson	Member, chief operating officer, chief compliance officer	1 Jan 2011	Other	4603190
Matthew Edward Pearson	Director of operations	1 Oct 2011	Other	4603190
Ludovic Pierre Thomasson	Member, director of wealth management	1 Jun 2014	Other	4923376

Based in Burlingame

The principal office where Ensemble Capital Management, LLC performs its advisory services is located at 1350 Bayshore Highway, Burlingame, CA 94010, 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 650/696-1240 or by fax 650/558-8373. The normal business hours are 7:00 a.m. - 4:30 p.m. on Monday - Friday. You can find more information about the New York firm at ensemblecapital.com and its LinkedIn profile.