Ophrys LLC (Seattle)

Ophrys LLC is a large advisory firm based in Seattle. It manages $445.1 million of regulatory assets for 38 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Delaware and Washington.

Ophrys provides portfolio management for pooled investment vehicles. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Ophrys: assets under management

The assets under management (AUM) of Ophrys LLC is $445.1 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 46% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $445.1 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $11.71 million each.

Ophrys has custody of $445.1 million in cash and securities for 38 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ophrys LLC for their services and products based on a percentage of assets under management and performance-based 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 Ophrys serves?

The only and largest group of clients of Ophrys is pooled investment vehicles with 38 clients and $445.1 million of assets under management. Among the 7 most similar advisory firms, Ophrys has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $445.1 million for 38 clients. None of the firm’s clients are foreign persons or businesses.

Ophrys also advises several private funds. Namely, thirty five private equity funds and one securitized asset fund.

Careers at Ophrys LLC

The company employs 69 people that are either part- or full-time employees. 17 percent of the employees work as investment advisers or researchers. No 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.

Tony Yew Ming Yu joined the executive team most recently as the Chief Financial Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Bruce Johnson	Chief technology officer	1 Jan 2007	Other	6390311
Inc. Holdphrysing	Owner	1 Jan 2007	25% - 50%	91-1429899
William S. Weinstein	Chief executive officer	1 Jan 2007	25% - 50%	6390282
Terry Grosvenor	Corporate secretary	1 Jan 2007	Other	6390290
Aaron Johnson	Chief operating officer	1 Jan 2007	Other	6390308
Aaron Edwards	Executive vice president	1 Jan 2007	Other	6390302
Peter J Fitzpatrick	Chief legal officer	1 Jan 2014	Other	6390144
Joseph Piccini	Corporate controller	1 May 2014	Other	6390314
David Gottlieb	Chief financial officer	1 May 2014	Other	6390300
Peter J Fitzpatrick	Chief compliance officer / chief legal officer	1 Jan 2015	Other	6390144
Sara Starks	Executive vice president	1 Jan 2015	Other	5102943
Gary K Chan	Chief financial officer	1 Nov 2016	Other	6630491
Tony Yew Ming Yu	Chief financial officer	1 Jan 2017	Other	6777036

Based in Seattle

The principal office where Ophrys LLC performs its advisory services is located at 2001 Western Avenue, Seattle, WA 98121 3132 The mailing address of the firm is 2003 Western Avenue, Seattle, WA 98121 3132. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 1-855-330-9520 or by fax 206-267-7840. The normal business hours are 8am-5pm pst on Monday - Friday.