Valentine Ventures, LLC (Bend)

Name: Valentine Ventures, LLC
Address: 550 Sw Industrial Way, Bend, OR, 97702
Telephone: 541-389-4148

Valentine Ventures, LLC is a large advisory firm based in Bend. It manages $144.34 million of regulatory assets for 488 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of California, Florida, Illinois, and 3 other states.

Valentine Ventures provides financial planning services, portfolio management for individuals and small businesses, and educational videos. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Valentine Ventures: assets under management

The assets under management (AUM) of Valentine Ventures, LLC is $144.34 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 238% since the beginning of its operation, and $186.5 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $144.34 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $295.78 thousand each.

Valentine Ventures has custody of $76.54 million in cash and securities for 110 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 73% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 10% of the firm’s portfolio. Investments in government bonds form 7% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Valentine Ventures, 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 Valentine Ventures 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 Valentine Ventures is high net worth individuals with 88 clients and $120.9 million of assets under management. Among the 13 most similar advisory firms, Valentine Ventures has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $144.34 million for 149 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.

Valentine Ventures doesn't advise any private funds.

Careers at Valentine Ventures, LLC

The company employs 5 people that are either part- or full-time employees. 60 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
William Lindsay Valentine	Manager, member	1 Oct 1996	Other	1875345
Jessica Neely Valentine	Member	1 Oct 1996	25% - 50%	5034341
Jay Byron Kolar	Chief compliance officer	1 Jan 2010	Other	2115549
Jonathan David Tapper	Chief compliance officer	1 Apr 2010	Other	3134294
Valentine Revocable Trust	Owner	1 Jul 2010	75% - 100%	xxx-xx-xxxx
Andrew David Gray	Member	1 Jul 2017	Other	5246929

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Jessica Neely Valentine	Trustee	1 Jul 2010	50% - 75%	5034341
William Lindsay Valentine	Trustee	1 Jul 2010	50% - 75%	1875345

Based in Bend

The principal office where Valentine Ventures, LLC performs its advisory services is located at 550 Sw Industrial Way, Bend, OR 97702, which is also the mailing address of the firm. An additional office of the firm is in Walla Walla, WA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 541-389-4148 or by fax 541-389-4171. The normal business hours are 8:00 am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at valentineventures.com.