Kingsview Asset Management, LLC (Grants Pass)

Name: Kingsview Asset Management, LLC
Address: 509 Se 7 Th Street, Grants Pass, OR, 97526
Telephone: 312-870-6701

Kingsview Asset Management, LLC is a large advisory firm based in Grants Pass. It manages $937.38 million of regulatory assets for 4,976 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Alaska, Arizona, California, and 32 other states.

Kingsview Asset Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for approximately 1,000 clients. On top of advisory services, the firm doesn't engage in other business activities.

Kingsview Asset Management: assets under management

The assets under management (AUM) of Kingsview Asset Management, LLC is $937.38 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 10703% since the beginning of its operation, and $2.63 million of the total AUM is attributable to clients outside of the United States.

The firm manages $937.38 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $188.38 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 54% of the total AUM. The second-largest asset type is exchange traded securities, which make up 27% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

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

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Kingsview Asset Management is individuals with 2,389 clients and $449.53 million of assets under management. Among the 7 most similar advisory firms, Kingsview Asset Management has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $936.92 million for 2,573 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.

Kingsview Asset Management doesn't advise any private funds.

Careers at Kingsview Asset Management, LLC

The company employs 42 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 42 employees are registered as investment adviser representatives with the state securities authorities.

There are 23 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Kingsview Group Llc	Owner	1 Jul 2008	75% - 100%	1-0865220
Noel Howard Sinclair	Chief compliance officer	1 Sep 2008	Other	1479648
Sean Patrick Mcgillivray	Managing director	1 Oct 2013	Other	6135768
Sean Patrick Mcgillivray	C0- president	1 Sep 2014	Other	6135768
Alessandro Abaroa	Co-president	1 Jan 2015	Other	2311221
Kingsview Investment Partners	Owner	1 Jul 2016	75% - 100%	81-1100355
Kingsview Group Llc	Owner	1 Jul 2016	75% - 100%	81-1100355
Sean Patrick Mcgillivray	Chief compliance officer	1 Aug 2016	Other	6135768
Scott David Martin	Cio	1 Mar 2018	Other	4328984
Aaron Klemow	Managing director	1 Mar 2019	Other	7088534

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Joshua Lewis	Managing member	1 Jul 2008	75% - 100%	2746260

Based in Grants Pass

The principal office where Kingsview Asset Management, LLC performs its advisory services is located at 509 Se 7 Th Street, Grants Pass, OR 97526, which is also the mailing address of the firm. An additional office of the firm is in Lindenhurst, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 312-870-6701 or by fax 312-488-2635. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at kingsviewam.com.