Cannon Beach Consultants Inc (San Ramon)

Name: Cannon Beach Consultants Inc
Address: 2603 Camino Ramon, San Ramon, CA, 94583
Telephone: 888-839-9399

Cannon Beach Consultants Inc is a large advisory firm based in San Ramon. It manages $160.29 million of regulatory assets for 659 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of California, Massachusetts, and Texas.

Cannon Beach Consultants provides financial planning services, portfolio management for individuals and small businesses, and tax preparation services. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Cannon Beach Consultants: assets under management

The assets under management (AUM) of Cannon Beach Consultants Inc is $160.29 million. The firm's AUM has grown by 77% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $100.24 million in discretionary accounts and $60.05 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $170.77 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $834.04 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 57% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 23% of the firm’s portfolio. Investments in cash and cash equivalents form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cannon Beach Consultants 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 Olivia Susan Moore Jones serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Olivia Susan Moore Jones is high net worth individuals with 62 clients and $148.51 million of assets under management. Among the 9 most similar advisory firms, Cannon Beach Consultants has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $160.29 million for 135 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.

Cannon Beach Consultants doesn't advise any private funds.

Careers at Cannon Beach Consultants Inc

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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.

Olivia Susan Moore Jones has been acting as President since 1 Aug 2006. Gregory Stewart Rogers joined the executive team most recently as the President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Junmin (Nmn) Chang	Chief executive officer, chief compliance officer	1 Aug 2006	50% - 75%	1996006
Olivia Susan Moore Jones	President	1 Aug 2006	25% - 50%	4333796
Gregory Stewart Rogers	President, chief operating officer	1 Oct 2009	50% - 75%	4307070
Gregory Stewart Rogers	President	1 Jun 2014	50% - 75%	4307070

Based in San Ramon

The principal office where Cannon Beach Consultants Inc performs its advisory services is located at 2603 Camino Ramon, San Ramon, CA 94583, which is also the mailing address of the firm. An additional office of the firm is in San Jose, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 888-839-9399 or by fax 925-270-1011. The normal business hours are 9:00 am to 6:00 pm on Monday - Friday. You can find more information about the New York firm at cannonbeachco.com and its LinkedIn profile.