X.Com Asset Management, Inc. (Palo Alto)

X.Com Asset Management, Inc. is a large advisory firm based in Palo Alto. It manages $75.63 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of California.

X.Com Asset Management provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

X.Com Asset Management: assets under management

The assets under management (AUM) of X.Com Asset Management, Inc. is $75.63 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $75.63 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $75.63 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay X.Com Asset Management, Inc. 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.

Careers at X.Com Asset Management, Inc.

John Townsend Story has been acting as President since 1 Nov 2000. Henry David Johnson joined the executive team most recently as the Treasurer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Paypal	Parent	1 Dec 1998	75% - 100%	77-0510487
Mark Broshan Sullivan	Vice president	1 Aug 1999	Other	2445561
John Townsend Story	President	1 Nov 2000	Other	437619
Henry David Johnson	Treasurer	1 Nov 2000	Other	1803539

Based in Palo Alto

The principal office where X.Com Asset Management, Inc. performs its advisory services is located at 1840 Embarcadero Road East, Palo Alto, CA 94303, which is also the mailing address of the firm. The firm also has an office outside of the United States.