Epstein And White Financial LLC (San Diego)

Name: Epstein And White Financial LLC
Address: 9740 Appaloosa Road, San Diego, CA, 92131
Telephone: 858-564-8036

Epstein And White Financial LLC is a large advisory firm based in San Diego. It manages $317.98 million of regulatory assets for 3,274 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Arizona, California, Florida, and Texas.

Epstein And White Financial provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, publication of newsletters, and educational seminars and workshops. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Epstein And White Financial: assets under management

The assets under management (AUM) of Epstein And White Financial LLC is $317.98 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 140% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $317.98 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $97.12 thousand each.

Epstein And White Financial has custody of $23.77 million in cash and securities for 214 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 77% of the total AUM. The second-largest asset type is investment and business development companies, which make up 5% of the firm’s portfolio. Investments in investment grade corporate bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Epstein And White Financial LLC for their services and products based on a percentage of assets under management 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 Epstein And White Financial serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Epstein And White Financial is individuals with 906 clients and $217.34 million of assets under management. Among the 9 most similar advisory firms, Epstein And White Financial has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $317.98 million for 1,019 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.

Epstein And White Financial doesn't advise any private funds.

Careers at Epstein And White Financial LLC

The company employs 17 people that are either part- or full-time employees. 65 percent of the employees work as investment advisers or researchers. 9 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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
Inc. Bradley R. White Financial And Insurance Services	Member - direct owner	1 Jul 2015	50% - 75%	46-3670952
Inc. David M. Epstein Insurance Services	Member - direct owner	1 Jul 2015	50% - 75%	41-2209953
Bradley Robert White	Managing member	1 Jul 2015	Other	5864969
David Monroe Epstein	Managing member	1 Jul 2015	Other	1863789
Debra Ann Del Secco	Office manager / chief compliance officer	1 Jan 2017	Other	1415995

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
David Monroe Epstein	President	1 Jan 2008	75% - 100%	1863789
Bradley Robert White	President	1 Sep 2013	75% - 100%	5864969

Based in San Diego

The principal office where Epstein And White Financial LLC performs its advisory services is located at 9740 Appaloosa Road, San Diego, CA 92131, which is also the mailing address of the firm. An additional office of the firm is in Del Mar, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 858-564-8036 or by fax 858-564-8254. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at epsteinandwhite.com.