Underhill Investment Management LLC (Greenbrae)

Name: Underhill Investment Management LLC
Address: 100 Drakes Landing Road, Greenbrae, CA, 94904
Telephone: 415-785-3670

Underhill Investment Management LLC is a large advisory firm based in Greenbrae. It manages $191.14 million of regulatory assets for 99 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of California and Texas.

Underhill Investment Management provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Underhill Investment Management: assets under management

The assets under management (AUM) of Underhill Investment Management LLC is $191.14 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -8% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $191.14 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.93 million each.

Investments

The firm invests in exchange traded securities the most. They account for 83% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 17% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Underhill Investment 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 Underhill Investment Management serves?

The firm provides services to charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Underhill Investment Management is high net worth individuals with 80 clients and $116.72 million of assets under management. Among the 11 most similar advisory firms, Underhill Investment Management has the lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $184.79 million for 95 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.

Underhill Investment Management doesn't advise any private funds.

Careers at Underhill Investment Management LLC

The company employs 6 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. No 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
Michael Tannenbaum	Managing director	1 Aug 2007	Other	2792624
Michael Tannenbaum	Managing director	1 Apr 2009	Other	2792624
Bonnie Gail George	Chief operating officer, chief compliance officer	1 Jan 2011	Other	1476236
Roland Denton Underhill	Managing member	1 Sep 2013	50% - 75%	451590
Benjamin Henry Miller	Managing director	1 Oct 2013	Other	2318873
Benjamin Henry Miller	Managing director	1 Jan 2014	Other	2318873

Based in Greenbrae

The principal office where Underhill Investment Management LLC performs its advisory services is located at 100 Drakes Landing Road, Greenbrae, CA 94904, 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 415-785-3670 or by fax 415-785-3675. The normal business hours are 6:30 am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at underhillmgmt.com.