Stevens First Principles Investment Advisors (Newport Beach)

Name: Stevens First Principles Investment Advisors
Address: 4100 Newport Place Dr., Newport Beach, CA, 92660 2451
Telephone: 949-251-9333

Stevens First Principles Investment Advisors is a large advisory firm based in Newport Beach. It manages $281.03 million of regulatory assets for 507 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California and Texas.

Stevens First Principles Investment Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Stevens First Principles Investment Advisors: assets under management

The assets under management (AUM) of Stevens First Principles Investment Advisors is $281.03 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 127% since the beginning of its operation, and $1.62 million of the total AUM is attributable to clients outside of the United States.

The firm manages $281.03 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $554.3 thousand each.

Stevens First Principles Investment Advisors has custody of $59.06 million in cash and securities for 22 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 56% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 15% of the firm’s portfolio. Investments in government bonds form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Stevens First Principles Investment Advisors 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 Steven Yamshon serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Steven Yamshon is high net worth individuals with 32 clients and $150.72 million of assets under management. Among the 9 most similar advisory firms, Stevens First Principles Investment Advisors has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $281.03 million for 192 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Stevens First Principles Investment Advisors also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $250,000 for each fund.

Careers at Stevens First Principles Investment Advisors

The company employs 4 people that are either part- or full-time employees. 25 percent of the employees work as investment advisers or researchers. No 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 doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Steven Yamshon has been acting as President since 1 Oct 1985. Hugh A. Yamshon joined the executive team most recently as the Secretary.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Steven Yamshon	President/chief financial officer	1 Oct 1985	75% - 100%	1522101
Hugh A. Yamshon	Secretary	1 Apr 1991	Other	4342957
Hugh Alan Yamshon	Secretary	1 Apr 1991	Other	4342957
Steven Yamshon	Chief compliance officer	1 Sep 2004	75% - 100%	1522101

Based in Newport Beach

The principal office where Stevens First Principles Investment Advisors performs its advisory services is located at 4100 Newport Place Dr., Newport Beach, CA 92660 2451 The mailing address of the firm is Po Box 7428, Newport Beach, CA 92658 7428. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 949-251-9333 or by fax 949-251-9334. The normal business hours are 8:30 am - 5:30 pm on Monday - Friday. You can find more information about the New York firm at sfpria.com.