California Capital Advisors, Inc. (North Hollywood)

Name: California Capital Advisors, Inc.
Address: 4729 Lankershim Blvd, North Hollywood, CA, 91602
Telephone: 818-766-0660

California Capital Advisors, Inc. is a large advisory firm based in North Hollywood. It manages $252.63 million of regulatory assets for 1,194 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Arizona, California, Florida, and 4 other states.

California Capital Advisors provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

California Capital Advisors: assets under management

The assets under management (AUM) of California Capital Advisors, Inc. is $252.63 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 148% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $252.63 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $211.58 thousand each.

California Capital Advisors has custody of $252.63 million in cash and securities for 650 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 57% of the total AUM. The second-largest asset type is investment and business development companies, which make up 29% of the firm’s portfolio. Investments in cash and cash equivalents form 11% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay California Capital Advisors, Inc. for their services and products based on a percentage of assets under management, hourly charges, and 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 California Capital Advisors serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of California Capital Advisors is high net worth individuals with 67 clients and $147.92 million of assets under management. Among the 9 most similar advisory firms, California Capital Advisors has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $250.87 million for 513 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.

California Capital Advisors doesn't advise any private funds.

Careers at California Capital Advisors, Inc.

The company employs 8 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 4 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.

Bradley Jay Salo has served as the Chief Investment Officer since 1 Mar 2004 and Gregory John Zedlar is the Chief Executive Officer of California Capital Advisors, Inc. family office. Scott G Hemmann joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Bradley Jay Salo	Chief investment officer	1 Mar 2004	50% - 75%	1674662
Gregory John Zedlar	Chief executive officer	1 Mar 2004	50% - 75%	2004286
Alexis Irene Cole	Secretary	1 Mar 2004	Other	4794870
Scott G Hemmann	Chief compliance officer	1 May 2012	Other	2941899

Based in North Hollywood

The principal office where California Capital Advisors, Inc. performs its advisory services is located at 4729 Lankershim Blvd, North Hollywood, CA 91602, 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 818-766-0660 or by fax 818-766-0770. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at calcapmgt.com.