Fundx Investment Group, LLC (San Francisco)


Fundx Investment Group, LLC is a large advisory firm based in San Francisco. It manages $809.81 million of regulatory assets for 724 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California, Florida, Illinois, and 7 other states.

Fundx Investment Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for businesses and institutional clients, and publication of newsletters. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Fundx Investment Group: assets under management

The assets under management (AUM) of Fundx Investment Group, LLC is $809.81 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -13% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $809.81 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.12 million each.
Fundx Investment Group has custody of $289.97 million in cash and securities for 195 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 56% of the total AUM. The second-largest asset type is exchange traded securities, which make up 34% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Fundx Investment Group, LLC for their services and products based on a percentage of assets under management and subscription fees. Subscribers pay a regular fee for the advisory firm’s newsletter or periodical. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Fundx Investment Group serves?

The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Fundx Investment Group is investment companies with 6 clients and $402.57 million of assets under management. Among the 10 most similar advisory firms, Fundx Investment Group has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $809.81 million for 350 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.

Fundx Investment Group doesn't advise any private funds.

Careers at Fundx Investment Group, LLC

The company employs 18 people that are either part- or full-time employees. 44 percent of the employees work as investment advisers or researchers. 8 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.

Jason William Browne has served as the Chief Investment Officer since 1 Jan 2012. Jennifer Diane Enslow joined the executive team most recently as the Member.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Janet Marie Brown President, cfo, coo 1 Jul 1997 25% - 50% 838427
Christopher Tappen Bayley Shareholder 1 Jul 1997 Other 2473436
Thomas Francis Coyne Shareholder 1 Jul 1997 Other 4375877
Robert Haven Enslow Shareholder 1 Jul 1997 Other 1620169
Martin Richard Devault Principal 1 Jul 1997 Other 2149714
Sean Mckeon Principal 1 Jul 1997 Other 1675461
Janet M. Brown President, cfo, coo 1 Jul 1997 25% - 50% 94-3271777
Jason William Browne Portfolio manager 1 Jun 2000 Other 2624951
Jeffrey Charles Smith Publications director 1 Jan 2004 Other 4931796
Bernardo B Kuan Chief compliance officer 1 Jan 2011 Other 5901972
Bernard Walter Burke Principal 1 Feb 2011 Other 35685
Jason William Browne Chief investment officer 1 Jan 2012 Other 2624951
Jeffrey Charles Smith Member/chief operating officer 1 Jan 2014 Other 4931796
Jason William Browne Chief investment officer 1 Jan 2014 Other 2624951
Sean Mckeon Principal, chief compliance officer 1 Oct 2015 Other 1675461
Jennifer Diane Enslow Member 1 Mar 2017 Other 6775883

Based in San Francisco

The principal office where Fundx Investment Group, LLC performs its advisory services is located at 101 Montgomery Street, Ste 2400, San Francisco, CA 94104 4138, 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 415-986-7979 or by fax 415-986-1595. The normal business hours are 8:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at fundxinvestmentgroup.com.