Svb Wealth Advisory, Inc. (San Francisco)

Name: Svb Wealth Advisory, Inc.
Address: 505 Howard Street, San Francisco, CA, 94105
Telephone: 415-764-3145

Svb Wealth Advisory, Inc. is a large advisory firm based in San Francisco. It manages $724.3 million of regulatory assets for 1,181 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Arizona, California, Colorado, and 16 other states.

Svb Wealth Advisory provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, publication of newsletters, and educational seminars and workshops. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Svb Wealth Advisory: assets under management

The assets under management (AUM) of Svb Wealth Advisory, Inc. is $724.3 million. The firm's AUM has grown by 3085% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $348.45 million in discretionary accounts and $375.85 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $436.11 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $983.9 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 41% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 22% of the firm’s portfolio. Investments in investment and business development companies form 18% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Svb Wealth Advisory, Inc. 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 Kamran Fouad Husain serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Kamran Fouad Husain is high net worth individuals with 124 clients and $607.27 million of assets under management. Among the 5 most similar advisory firms, Svb Wealth Advisory has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $668.75 million for 313 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.

Svb Wealth Advisory doesn't advise any private funds.

Careers at Svb Wealth Advisory, Inc.

The company employs 52 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 38 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.

Kamran Fouad Husain has been acting as President since 1 May 2013. Yvette Sadler Butler joined the executive team most recently as the Director/President & Ceo (1/2019).

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Gary Utschig	Chief compliance officer	1 May 2013	Other	2526045
Kamran Fouad Husain	Director	1 May 2013	Other	5947865
Jeffrey Naylor Schnitz	President and director	1 May 2013	Other	2659365
John Diego China	Director	1 May 2013	Other	4546658
Silicon Valley Bank	Parent	1 May 2013	75% - 100%	92-2875288
Amena Piracha	Secretary	1 Aug 2015	Other	5935305
Wendy W Cheung	Aml officer	1 Aug 2015	Other	6564213
Pamela Gail Landes	Chief compliance officer	1 Nov 2015	Other	1286779
John Scott Case	Director	1 Dec 2015	Other	2632006
Amena Piracha	Secretary	1 Aug 2016	Other	5935305
Yvette Sadler Butler	Director/president & ceo (1/2019)	1 Oct 2018	Other	2471482

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Svb Financial Group	Parent	1 May 1999	75% - 100%	91-1962278

Based in San Francisco

The principal office where Svb Wealth Advisory, Inc. performs its advisory services is located at 505 Howard Street, San Francisco, CA 94105, which is also the mailing address of the firm. An additional office of the firm is in Newton, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 415-764-3145 or by fax 650-362-6554. The normal business hours are 08:00am - 05:00pm on Monday - Friday. You can find more information about the New York firm at svb.com/private-bank/wealth-advisory.