Laurel Grove Capital LLC is a large advisory firm based in Los Angeles. It manages $249.45 million of regulatory assets for 287 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of California.
Laurel Grove Capital provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Laurel Grove Capital LLC is $249.45 million. The firm's AUM has grown by 147% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Laurel Grove Capital 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Leora Gold Garner is high net worth individuals with 58 clients and $172.46 million of assets under management. Among the 11 most similar advisory firms, Laurel Grove Capital has the 6th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $249.45 million for 115 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.
Laurel Grove Capital doesn't advise any private funds.
The company employs 6 people that are either part- or full-time employees. 83 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 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.
Leora Gold Garner has been acting as President since 1 Oct 1995. Dana Marie Tiedt joined the executive team most recently as the Chief Financial Officer.
The principal office where Laurel Grove Capital LLC performs its advisory services is located at 1875 Century Park East, Los Angeles, CA 90067, 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 310-789-0000 or by fax 310-789-0022. The normal business hours are 8:00 - 4:00 on Monday - Friday. You can find more information about the New York firm at laurelgrovecapital.com.