Intersect Capital LLC (San Ramon)

Intersect Capital provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, and family office. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Intersect Capital: assets under management

The assets under management (AUM) of Intersect Capital LLC is $668.11 million. The firm's AUM has grown by 148% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $636.93 million in discretionary accounts and $31.18 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.63 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $5.2 million.

Intersect Capital has custody of $30 million in cash and securities for 25 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 46% of the total AUM. The second-largest asset type is exchange traded securities, which make up 23% of the firm’s portfolio. Investments in state and local bonds form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Intersect Capital LLC 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 Intersect Capital serves?

The firm provides services to individuals, high net worth individuals, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Intersect Capital is high net worth individuals with 182 clients and $509.17 million of assets under management. Among the 7 most similar advisory firms, Intersect Capital has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $668.11 million for 397 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.

Intersect Capital doesn't advise any private funds.

Careers at Intersect Capital LLC

The company employs 10 people that are either part- or full-time employees. 70 percent of the employees work as investment advisers or researchers. 7 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

Indirect Owners

The SEC currently registers 39 indirect owners.

Based in San Ramon

The principal office where Intersect Capital LLC performs its advisory services is located at 12657 Alcosta Boulevard, San Ramon, CA 94583, which is also the mailing address of the firm. An additional office of the firm is in Los Angeles, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 925-790-2894 or by fax 925-303-4196. The normal business hours are 8:30am to 5:00pm on Monday - Friday. You can find more information about the New York firm at intersectcapitalllc.com.

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