Personal Capital Advisors Corporation is a large advisory firm based in San Francisco. It manages $8.56 billion of regulatory assets for 52,331 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.
Personal Capital Advisors Corporation provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for approximately 19,000 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Personal Capital Advisors Corporation is $8.56 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 2871916% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Personal Capital Advisors Corporation 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Stephen James Harrick is high net worth individuals with 1,944 clients and $4.95 billion of assets under management. Among the 12 most similar advisory firms, Personal Capital Advisors Corporation has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $8.56 billion for 19,295 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.
Personal Capital Advisors Corporation doesn't advise any private funds.
The company employs 236 people that are either part- or full-time employees. 99 percent of the employees work as investment advisers or researchers. 171 employees are registered as investment adviser representatives with the state securities authorities.
There are 227 people 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.
Stephen James Harrick has been acting as President since 1 Jun 2010. Craig Alan Birk has served as the Chief Investment Officer since 1 Aug 2018 and Jay Shah is the Chief Executive Officer of Personal Capital Advisors Corporation family office. A. Allison Amadia joined the executive team most recently as the Chief Compliance Officer, General Counsel.
The principal office where Personal Capital Advisors Corporation performs its advisory services is located at 250 Montgomery Street, San Francisco, CA 94104, which is also the mailing address of the firm. An additional office of the firm is in Denver, CO. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 415-800-5922 or by fax 650-362-1871. The normal business hours are 6:00 a.m. - 6:00 p.m. pacific time on Monday - Friday. You can find more information about the New York firm at personalcapital.com.