Pacific Financial Strategies, Inc (Thousand Oaks)

Name: Pacific Financial Strategies, Inc
Address: 223 E. Thousand Oaks Blvd., Suite 403, Thousand Oaks, CA, 91360
Telephone: (818) 991-7794

Pacific Financial Strategies, Inc is a large advisory firm based in Thousand Oaks. It manages $127.44 million of regulatory assets for 320 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Arizona, California, Colorado, Texas, and Washington.

Pacific Financial Strategies provides financial planning services, portfolio management for individuals and small businesses, and educational seminars and workshops. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Pacific Financial Strategies: assets under management

The assets under management (AUM) of Pacific Financial Strategies, Inc is $127.44 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 219% since the beginning of its operation, and $228.02 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $127.44 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $398.24 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 67% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 18% of the firm’s portfolio. Investments in exchange traded securities form 10% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Pacific Financial Strategies, Inc 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 Joseph Arthur Garcia serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Joseph Arthur Garcia is individuals with 413 clients and $72.69 million of assets under management. Among the 8 most similar advisory firms, Pacific Financial Strategies has the 4th highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $127.44 million for 481 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.

Pacific Financial Strategies doesn't advise any private funds.

Careers at Pacific Financial Strategies, Inc

The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 2 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.

Joseph Arthur Garcia has been acting as President since 1 Nov 2009. Anna Christina Garcia joined the executive team most recently as the Vice President/Financial Advisor.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Joseph Arthur Garcia	President/chief compliance officer	1 Nov 2009	75% - 100%	1626067
Arthur Cole Garcia	Chief compliance officer	1 Nov 2009	Other	4865182
Brenda Jean Donahoe	Chief compliance officer	1 Feb 2012	Other	5917659
Brenda Jean Coyle	Financial advisors	1 Oct 2014	Other	5917659
Anna Christina Garcia	Vice president/financial advisor	1 Nov 2015	Other	6317269

Based in Thousand Oaks

The principal office where Pacific Financial Strategies, Inc performs its advisory services is located at 223 E. Thousand Oaks Blvd., Suite 403, Thousand Oaks, CA 91360, which is also the mailing address of the firm. An additional office of the firm is in Ventura, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (818) 991-7794 or by fax (818) 735-0780. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at pacfs.com.