Stonnington Group, LLC (Pasadena)

Name: Stonnington Group, LLC
Address: 600 S. Lake Ave, Pasadena, CA, 91106
Telephone: (626) 469-8166

Stonnington Group, LLC is a large advisory firm based in Pasadena. It manages $257.4 million of regulatory assets for 246 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of California, Colorado, District of Columbia, and 7 other states.

Stonnington Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Stonnington Group: assets under management

The assets under management (AUM) of Stonnington Group, LLC is $257.4 million. The firm's AUM has grown by 152% since the beginning of its operation, and $321 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $254.4 million in discretionary accounts and $3 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.06 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $500 thousand.

Stonnington Group has custody of $39 million in cash and securities for 16 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 80% of the total AUM. The second-largest asset type is investment and business development companies, which make up 15% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Stonnington Group, LLC for their services and products based on a percentage of assets under management, fixed fees, and commissions. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Stonnington Group serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Stonnington Group is high net worth individuals with 45 clients and $217 million of assets under management. Among the 10 most similar advisory firms, Stonnington Group has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $253.4 million for 105 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.

Stonnington Group doesn't advise any private funds.

Careers at Stonnington Group, LLC

The company employs 6 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There’s a single person 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 receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Nicholas Henry H Stonnington	Managing member, principal	1 Mar 2005	75% - 100%	1090046
Rodney D Hagenbuch	Principal	1 Mar 2005	Other	233294
Debasish Banerjee	Finop	1 Mar 2005	Other	1555979
Sheel Kamal Mann	Principal, cco	1 Dec 2005	Other	4848526
Attila Soos	Finop and amlco	1 Apr 2007	Other	2755020
John Chi Wai Yung	Chief compliance officer, srop/crop, head trader	1 Aug 2007	Other	2228289
Debasish Banerjee	Chief compliance officer	1 Sep 2008	Other	1555979
Rodney D Hagenbuch	Principal	1 Sep 2008	Other	233294
Eric John Smith	Chief compliance officer	1 Oct 2009	Other	1220164
Brian William Mcguigan	Chief compliance officer	1 Nov 2010	Other	5582398
Brenda Dorothy Imes	Chief compliance officer	1 Jun 2012	Other	1255331
Denise Marie Evans	Chief compliance officer	1 Apr 2013	Other	4441308

Based in Pasadena

The principal office where Stonnington Group, LLC performs its advisory services is located at 600 S. Lake Ave, Pasadena, CA 91106, 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 (626) 469-8166 or by fax 626-796-5834. The normal business hours are 7:30 a.m. to 5:30 p.m. on Monday - Friday. You can find more information about the New York firm at stonningtongroup.com.