Impact Investment Adviser LLC (San Francisco)

Impact Investment Adviser LLC is a large advisory firm based in San Francisco. It manages $293.77 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdiction of California.

Impact Investment Adviser provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Impact Investment Adviser: assets under management

The assets under management (AUM) of Impact Investment Adviser LLC is $293.77 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -28% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $293.77 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $58.75 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Impact Investment Adviser LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Daniel F Sheehy serves?

The only and largest group of clients of Daniel F Sheehy is pooled investment vehicles with 5 clients and $293.77 million of assets under management. Among the 8 most similar advisory firms, Impact Investment Adviser has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $293.77 million for 5 clients. None of the firm’s clients are foreign persons or businesses.

Impact Investment Adviser also advises several private funds. Namely, one real estate fund and one private equity fund.

Careers at Impact Investment Adviser LLC

The company employs 9 people that are either part- or full-time employees. 67 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 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.

Daniel F Sheehy has been acting as President since 1 Mar 2009. Jeffrey Edmond Brenner has served as the Chief Investment Officer since 1 May 2012. Elizabeth Eunseo Kang joined the executive team most recently as the Chief Compliance Officer, General Counsel, & Secretary.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Impact Community Capital Llc	Sole member	1 Mar 2009	75% - 100%	94-3295221
Daniel F Sheehy	President	1 Mar 2009	Other	5661127
Stephanie Tirman	Treasurer	1 Mar 2009	Other	5661137
Jean Jungsook Chang	Senior vice president, chief compliance officer & secretary	1 Mar 2009	Other	2168274
Kevin Rigdon	Senior vice president	1 Mar 2009	Other	5661131
Patricia Ellen Gopaul	Senior vice president, chief compliance officer and secretary	1 Jul 2011	Other	5971760
Jeffrey Edmond Brenner	Chief investment officer	1 May 2012	Other	6171139
Jeffrey Edmond Brenner	Interim president; chief compliance officer; chief investment officer	1 Feb 2016	Other	6171139
Jeffrey Edmond Brenner	President	1 Jan 2017	Other	6171139
Matthew Charles Berg	Sr vp, chief compliance officer & secretary	1 Aug 2017	Other	6857741
Michael Joseph Lohmeier	Chief investment officer	1 Aug 2017	Other	6857744
Jeffrey Edmond Brenner	President	1 Sep 2019	Other	6171139
Elizabeth Eunseo Kang	Chief compliance officer, general counsel, & secretary	1 Sep 2019	Other	7183925

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Daniel F Sheehy	Non owner manager of impact community capital llc	1 Oct 2012	Other	5661127
Jeffrey Edmond Brenner	Non owner acting manager of impact community capital llc	1 Nov 2015	Other	6171139

Based in San Francisco

The principal office where Impact Investment Adviser LLC performs its advisory services is located at 100 Pine Street, San Francisco, CA 94111 5229, 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 415-981-1074 or by fax 415-981-1087. The normal business hours are 8:30 am to 5:00 pm on Monday - Friday.