Gainsborough Financial Consultants, Inc. (Los Angeles)

Name: Gainsborough Financial Consultants, Inc.
Address: 10940 Wilshire Blvd., Los Angeles, CA, 90024
Telephone: 310-440-1400

Gainsborough Financial Consultants, Inc. is a related adviser based in Los Angeles. It manages $35.06 million of regulatory assets for 105 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Arizona and California.

Gainsborough Financial Consultants provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Gainsborough Financial Consultants: assets under management

The assets under management (AUM) of Gainsborough Financial Consultants, Inc. is $35.06 million. The firm's AUM has gone down by -15% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $34.34 million in discretionary accounts and $716.69 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $340.02 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $179.17 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Gainsborough Financial Consultants, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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.

Careers at Gainsborough Financial Consultants, Inc.

Philip Norman Gainsborough has been acting as President since 1 Oct 1980. David Scott Mcmanus joined the executive team most recently as the Managing Partner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Philip Norman Gainsborough	President	1 Oct 1980	75% - 100%	216530
Phyllis Gainsborough	Chief financial officer	1 Oct 1980	75% - 100%	4654257
Anita Marie Oconnor	Vice president	1 Dec 1980	Other	1059669
Anita Marie O'connor	Chief compliance officer	1 Dec 1980	Other	1059669
Lara Gaston Lamb	Vice president	1 Apr 2004	Other	4467601
Catherine Vandecasteele	Chief financial officer	1 Oct 2005	Other	5221043
Lynda Lisa Reynoso	Director of client service	1 Apr 2008	Other	4587323
Anita Marie O'connor	President/chief compliance officer	1 Jan 2010	Other	1059669
Lynda Lisa Reynoso	Vice president	1 Jan 2010	Other	4587323
David Scott Mcmanus	Managing partner	1 Aug 2010	50% - 75%	2535395
Arthur Young Cooper	Managing partner	1 Aug 2010	50% - 75%	1850883
Cooper Financial Group	Owner	1 Aug 2010	75% - 100%	111458

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Arthur Young Cooper	Owner	1 Sep 1999	50% - 75%	1850883
David Scott Mcmanus	Owner	1 Sep 1999	50% - 75%	2535395

Based in Los Angeles

The principal office where Gainsborough Financial Consultants, Inc. performs its advisory services is located at 10940 Wilshire Blvd., Los Angeles, CA 90024, 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 310-440-1400 or by fax 310-440-1990. The normal business hours are 7:00am - 4:00pm on Monday - Friday. You can find more information about the New York firm at www.gfcinc.net.