West Oak Capital, LLC (Westlake Village)

Name: West Oak Capital, LLC
Address: 2801 Townsgate Road, Westlake Village, CA, 91361
Telephone: 805-230-8282

West Oak Capital, LLC is a large advisory firm based in Westlake Village. It manages $300.14 million of regulatory assets for 284 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of California, Louisiana, and Texas.

West Oak Capital provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

West Oak Capital: assets under management

The assets under management (AUM) of West Oak Capital, LLC is $300.14 million. The firm's AUM has grown by 6% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $273.7 million in discretionary accounts and $26.45 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $991.66 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.31 million.

West Oak Capital has custody of $107.1 million in cash and securities for 57 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 46% of the total AUM. The second-largest asset type is investment and business development companies, which make up 18% of the firm’s portfolio. Investments in investment grade corporate bonds form 16% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay West Oak Capital, 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 West Oak Capital serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of West Oak Capital is high net worth individuals with 66 clients and $248.36 million of assets under management. Among the 5 most similar advisory firms, West Oak Capital has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $300.14 million for 110 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.

West Oak Capital doesn't advise any private funds.

Careers at West Oak Capital, LLC

The company employs 7 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. 3 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 compensates 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
Byron Brand Snider	Trustee of snider family trust u/d/t november 2, 2001	1 Nov 2001	75% - 100%	1769321
Lisa Tyler Snider	Trustee of snider family trust u/d/t november 2, 2001	1 Nov 2001	75% - 100%	4707514
2001 Snider Family Trust U/D/T November 2	Member	1 Nov 2001	75% - 100%	xxx-xx-xxxx
Lisa Tyler Snider	Partner	1 Aug 2003	75% - 100%	4707514
Byron Brand Snider	Senior partner / chief compliance officer	1 Aug 2003	75% - 100%	1769321
2001 Snider Family Trust U/D/T November 2	Member	1 Aug 2003	75% - 100%	xxx-xx-xxxx
Gerald Ira Clebanoff	Trustee of gerald i clebanoff living trust u/d/t march 31, 2004	1 Mar 2004	Other	4188238
Mark Kevin Talt	Passive shareholder	1 Mar 2004	25% - 50%	1214386
2004 Gerald I Clebanoff Living Trust U/D/T March 31	Member	1 Mar 2004	Other	xxx-xx-xxxx
Gerald Ira Clebanoff	Senior partner	1 May 2006	Other	4188238
2004 Gerald I Clebanoff Living Trust U/D/T March 31	Member	1 May 2006	Other	xxx-xx-xxxx

Based in Westlake Village

The principal office where West Oak Capital, LLC performs its advisory services is located at 2801 Townsgate Road, Westlake Village, CA 91361, 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 805-230-8282 or by fax 805-230-8283. The normal business hours are monday - thursday 8:30am to 4:00pm; friday 8:30am to 3:00pm on Monday - Friday. You can find more information about the New York firm at westoakcap.com.