South Bay Financial Partners Group, Inc. (Torrance)

Name: South Bay Financial Partners Group, Inc.
Address: 3868 W Carson Street, Torrance, CA, 90503
Telephone: 310-792-4189

South Bay Financial Partners Group, Inc. is a large advisory firm based in Torrance. It manages $143.51 million of regulatory assets for 289 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California and Illinois.

South Bay Financial Partners Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, publication of newsletters, and educational seminars and workshops. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

South Bay Financial Partners Group: assets under management

The assets under management (AUM) of South Bay Financial Partners Group, Inc. is $143.51 million. The firm's AUM has grown by 19% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in exchange traded securities the most. They account for 52% of the total AUM. The second-largest asset type is investment and business development companies, which make up 20% of the firm’s portfolio. Investments in investment grade corporate bonds form 15% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay South Bay Financial Partners Group, Inc. for their services and products based on fixed fees. 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 Tara Tussing Unverzagt serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Tara Tussing Unverzagt is high net worth individuals with 44 clients and $132.66 million of assets under management. Among the 10 most similar advisory firms, South Bay Financial Partners Group has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $143.51 million for 66 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.

South Bay Financial Partners Group doesn't advise any private funds.

Careers at South Bay Financial Partners Group, Inc.

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 2 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.

Tara Tussing Unverzagt has been acting as President since 1 Dec 2013. Robert Manuel Unverzagt joined the executive team most recently as the Secretary.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Tara Tussing Unverzagt	President/ chief compliance officer/treasurer	1 Dec 2013	75% - 100%	2630060
Robert Manuel Unverzagt	Secretary	1 Dec 2014	75% - 100%	6737341

Based in Torrance

The principal office where South Bay Financial Partners Group, Inc. performs its advisory services is located at 3868 W Carson Street, Torrance, CA 90503, 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 310-792-4189 or by fax 310-792-4189. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at southbayfinancialpartners.com.