Mirador Capital Partners, LP (Pleasanton)

Name: Mirador Capital Partners, LP
Address: 6700 Koll Center Parkway, Pleasanton, CA, 94566
Telephone: 925-621-1000

Mirador Capital Partners, LP is a large advisory firm based in Pleasanton. It manages $303.42 million of regulatory assets for 1,262 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California, Louisiana, Texas, and Washington.

Mirador Capital Partners provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, 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.

Mirador Capital Partners: assets under management

The assets under management (AUM) of Mirador Capital Partners, LP is $303.42 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 63% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $303.42 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $240.43 thousand each.

Mirador Capital Partners has custody of $286.64 million in cash and securities for 1,256 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 66% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 16% of the firm’s portfolio. Investments in investment grade corporate bonds form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mirador Capital Partners, LP for their services and products based on a percentage of assets under management, hourly charges, 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.

What kind of clients Mirador Capital Partners serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Mirador Capital Partners is high net worth individuals with 96 clients and $201.79 million of assets under management. Among the 9 most similar advisory firms, Mirador Capital Partners has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $281.15 million for 356 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.

Mirador Capital Partners doesn't advise any private funds.

Careers at Mirador Capital Partners, LP

The company employs 11 people that are either part- or full-time employees. 45 percent of the employees work as investment advisers or researchers. 5 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Don Corbin Garman	Limited partner & chief compliance officer	1 Jul 2013	75% - 100%	2315281
Jason Anthony Pfannenstiel	Limited partner	1 Jul 2013	Other	5849124
Daniel Buntin Murray	Limited partner	1 Jul 2013	Other	2830992
Inc. Mirador General Partner	General partner	1 Jul 2013	Other	46-3161362
Drew Yager Sanders	Limited partner	1 Jul 2013	Other	2257952
Carol Ann Wikle	Limited partner	1 Jan 2015	Other	3140823

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Don Corbin Garman	President	1 Jun 2013	75% - 100%	2315281

Based in Pleasanton

The principal office where Mirador Capital Partners, LP performs its advisory services is located at 6700 Koll Center Parkway, Pleasanton, CA 94566, which is also the mailing address of the firm. An additional office of the firm is in Larkspur, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 925-621-1000 or by fax 925-397-3169. The normal business hours are 6:30am - 4pm on Monday - Friday. You can find more information about the New York firm at miradorcp.com.