Oceaniq Capital, LLC (Redwood City)

Oceaniq Capital, LLC is a large advisory firm based in Redwood City. It manages $105.63 million of regulatory assets for 50 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of California and Texas.

Oceaniq Capital provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Oceaniq Capital: assets under management

The assets under management (AUM) of Oceaniq Capital, LLC is $105.63 million. The firm's AUM has grown by 1117% since the beginning of its operation, and $15.84 million of the total AUM is attributable to clients outside of the United States.

The firm manages $84.51 million in discretionary accounts and $21.13 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.88 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $4.23 million.

Oceaniq Capital has custody of $5.55 million in cash and securities for 8 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 40% of the total AUM. The second-largest asset type is exchange traded securities, which make up 25% 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 Oceaniq Capital, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Fuyuan Lin serves?

The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Fuyuan Lin is high net worth individuals with 50 clients and $93.66 million of assets under management. Among the 8 most similar advisory firms, Oceaniq Capital has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $105.63 million for 57 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 15% of the firm’s clients are foreign persons or businesses.

Oceaniq Capital also advises several private funds. Namely, seven venture capital funds. The minimum investment commitment required of non-related persons ranges from $12,500 to $50,000.

Careers at Oceaniq Capital, LLC

The company employs 5 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 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.

Fuyuan Lin has been acting as President since 1 May 2015. Oceaniq Group Llc joined the executive team most recently as the Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Kai Chen	Managing member	1 Oct 2013	75% - 100%	2916984
Julie Therese Meissner	Chief compliance officer	1 Oct 2013	Other	3020668
Leon Arthur Root	Cfo	1 Mar 2014	Other	2731496
Fuyuan Lin	Director	1 May 2015	Other	6493602
Shige Dong	Director	1 May 2015	Other	6493603
Ying Ying Jing	Chief operating officer	1 Jun 2015	Other	4626484
Oceaniq Group Llc	Owner	1 Jul 2017	75% - 100%	82-1768942

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Kai Chen	Managing member	1 Jul 2017	75% - 100%	2916984

Based in Redwood City

The principal office where Oceaniq Capital, LLC performs its advisory services is located at 275 Shoreline Drive, Redwood City, CA 94065, 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 (415) 432-7580. The normal business hours are by appointment only on Other.