Omnicap Group LLC (El Segundo)

Omnicap Group LLC is a large advisory firm based in El Segundo. It manages $1.81 billion of regulatory assets for 155 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of California, Massachusetts, New York, and Texas.

Omnicap Group provides portfolio management for businesses and institutional clients and municipal advisory, financial advisory and investment advisory services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Omnicap Group: assets under management

The assets under management (AUM) of Omnicap Group LLC is $1.81 billion. The firm's AUM has grown by 62% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.39 billion in discretionary accounts and $417.23 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $16.56 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $5.88 million.

Investments

The firm invests in government bonds the most. They account for 92% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 7% of the firm’s portfolio. Investments in other assets form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Omnicap Group 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 Jeffrey Stanley Smith serves?

The only and largest group of clients of Jeffrey Stanley Smith is state or municipal government entities with 5 clients and $1.78 billion of assets under management. Among the 10 most similar advisory firms, Omnicap Group has the highest percentage of state or municipal government entities out of all clients.

The amount of regulatory assets under management is $1.78 billion for 5 clients. None of the firm’s clients are foreign persons or businesses.

Omnicap Group doesn't advise any private funds.

Careers at Omnicap Group LLC

The company employs 11 people that are either part- or full-time employees. 27 percent of the employees work as investment advisers or researchers. 3 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.

Jeffrey Stanley Smith has been acting as President since 1 Nov 2004. Nixon Peabody Llp joined the executive team most recently as the Member.

Direct owners and executive officers

Based in El Segundo

The principal office where Omnicap Group LLC performs its advisory services is located at 2286 E. Maple Ave, El Segundo, CA 90245, which is also the mailing address of the firm. An additional office of the firm is in Dallas, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 310-318-3091 or by fax 866-813-3613. The normal business hours are 6:30 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at omnicap.net.

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