Chamberlain Financial Planning, LLC (Santa Cruz)

Name: Chamberlain Financial Planning, LLC
Address: 125 Mission Street, Santa Cruz, CA, 95060
Telephone: 831-420-1340

Chamberlain Financial Planning, LLC is a large advisory firm based in Santa Cruz. It manages $243.76 million of regulatory assets for 160 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of California.

Chamberlain Financial Planning provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Chamberlain Financial Planning: assets under management

The assets under management (AUM) of Chamberlain Financial Planning, LLC is $243.76 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 101% since the beginning of its operation, and $2.24 million of the total AUM is attributable to clients outside of the United States.

The firm manages $243.76 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.52 million each.

Chamberlain Financial Planning has custody of $90.94 million in cash and securities for 90 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 74% of the total AUM. The second-largest asset type is exchange traded securities, which make up 17% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Chamberlain Financial Planning, LLC for their services and products based on hourly charges and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Chamberlain Financial Planning serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Chamberlain Financial Planning is high net worth individuals with 95 clients and $204.76 million of assets under management. Among the 12 most similar advisory firms, Chamberlain Financial Planning has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $243.76 million for 157 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.

Chamberlain Financial Planning doesn't advise any private funds.

Careers at Chamberlain Financial Planning, LLC

The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 4 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Michael David Chamberlain	Manager / chief compliance officer	1 Dec 2006	75% - 100%	2611857
Eugene Kwok Hung Hsu	Managing partner	1 Jun 2019	Other	3107090
Mark Francis Astrinos	Managing partner	1 Jun 2019	25% - 50%	6035365

Based in Santa Cruz

The principal office where Chamberlain Financial Planning, LLC performs its advisory services is located at 125 Mission Street, Santa Cruz, CA 95060, which is also the mailing address of the firm. An additional office of the firm is in Los Gatos, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 831-420-1340 or by fax 831-423-1341. The normal business hours are by appointment on Other. You can find more information about the New York firm at chamberlainfp.com.