Polaris Greystone Financial Group, LLC (San Rafael)

Name: Polaris Greystone Financial Group, LLC
Address: 824 E Street, San Rafael, CA, 94901
Telephone: 415-263-5600

Polaris Greystone Financial Group, LLC is a large advisory firm based in San Rafael. It manages $1.59 billion of regulatory assets for 4,082 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

Polaris Greystone Financial Group provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for approximately 1,000 clients. On top of advisory services, the firm doesn't engage in other business activities.

Polaris Greystone Financial Group: assets under management

The assets under management (AUM) of Polaris Greystone Financial Group, LLC is $1.59 billion. The firm's AUM has grown by 207% since the beginning of its operation, and $1.44 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.52 billion in discretionary accounts and $67.24 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $394.76 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $304.23 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 50% of the total AUM. The second-largest asset type is investment and business development companies, which make up 39% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Polaris Greystone Financial Group, LLC 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 Jeremy Dee Witbeck serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Jeremy Dee Witbeck is high net worth individuals with 410 clients and $900.98 million of assets under management. Among the 9 most similar advisory firms, Polaris Greystone Financial Group has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.59 billion for 1,596 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.

Polaris Greystone Financial Group doesn't advise any private funds.

Careers at Polaris Greystone Financial Group, LLC

The company employs 34 people that are either part- or full-time employees. 85 percent of the employees work as investment advisers or researchers. 28 employees are registered as investment adviser representatives with the state securities authorities.

There are 3 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 receive compensation from other entities for client referrals.

Jeremy Dee Witbeck has been acting as President since 1 Oct 2017. James Richard Mason joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jeffrey John Powell	Managing partner	1 Jun 2011	Other	2289402
Inc. Polaris Equity Management	Managing member	1 Aug 2012	50% - 75%	127751
Angela Crescenzo	Chief operating officer	1 Aug 2012	Other	2869199
Llc Moss Equity Management	Managing member	1 Oct 2015	25% - 50%	47-5308851
James Richard Mason	Chief compliance officer	1 Sep 2017	Other	5530825
Jeremy Dee Witbeck	Director	1 Oct 2017	Other	6134040

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Jeffrey John Powell	Sole shareholder, president, and ceo	1 Aug 1998	75% - 100%	2289402
Todd Robinson Moss	Sole member	1 Oct 2015	75% - 100%	1101733

Based in San Rafael

The principal office where Polaris Greystone Financial Group, LLC performs its advisory services is located at 824 E Street, San Rafael, CA 94901, which is also the mailing address of the firm. An additional office of the firm is in San Jose, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 415-263-5600 or by fax 415-263-8909. The normal business hours are 6:30 am to 4:00 pm on Monday - Friday. You can find more information about the New York firm at polarisgreystone.com.