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Abacus Portfolios, LLC (Pacific Palisades)


Abacus Portfolios, LLC is a large advisory firm based in Pacific Palisades. It manages $61.41 million of regulatory assets for 578 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of California, Colorado, Connecticut, and 9 other states.

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Abacus Portfolios provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Abacus Portfolios: assets under management

The assets under management (AUM) of Abacus Portfolios, LLC is $61.41 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $61.41 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $106.25 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Abacus Portfolios, LLC for their services and products based on a percentage of assets under management and fixed fees. 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.

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Spencer David Sherman President 1 Jan 1987 75% - 100% 1609423
Brenton W. Kessel President 1 Jan 1999 75% - 100% 2826946

Based in Pacific Palisades

The principal office where Abacus Portfolios, LLC performs its advisory services is located at 17383 Sunset Blvd, Pacific Palisades, CA 90272, 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 310-566-1895 or by fax 310-919-1895. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.abacusportfolios.com.


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