Front Row Advisors LLC (Tiburon)


Front Row Advisors LLC is a large advisory firm based in Tiburon. It manages $161.02 million of regulatory assets for 329 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of California and Texas.

Front Row Advisors provides financial planning services, portfolio management for individuals and small businesses, and sub adviser services. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Front Row Advisors: assets under management

The assets under management (AUM) of Front Row Advisors LLC is $161.02 million. The firm's AUM has grown by 56% since the beginning of its operation, and $1.2 million of the total AUM is attributable to clients outside of the United States.

The firm manages $144.57 million in discretionary accounts and $16.45 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $510.84 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $357.61 thousand.
Front Row Advisors has custody of $144.57 million in cash and securities for 84 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 59% of the total AUM. The second-largest asset type is investment and business development companies, which make up 22% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Front Row Advisors LLC for their services and products based on a percentage of assets under management and hourly charges. 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 Front Row Advisors serves?

The firm provides services to individuals, other investment advisers, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Front Row Advisors is individuals with 87 clients and $105.63 million of assets under management. Among the 6 most similar advisory firms, Front Row Advisors has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $161.02 million for 102 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.

Front Row Advisors doesn't advise any private funds.

Careers at Front Row Advisors LLC

The company employs 7 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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 receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Llc Gencap Partners Member 1 Jun 2015 75% - 100% 47-4425525
Michael Reid Vogel Managing member & chief compliance officer 1 Aug 2015 Other 1444904

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Stephen Andrew Bradley Member 1 Aug 2015 75% - 100% 4902208

Based in Tiburon

The principal office where Front Row Advisors LLC performs its advisory services is located at 1100 Mar West Street, Tiburon, CA 94920, 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) 797-6003 or by fax N/A. The normal business hours are 9:00 am - 4:00 pm on Monday - Friday.