Capital Planning Advisors LLC (Roseville)

Name: Capital Planning Advisors LLC
Address: 1420 Rocky Ridge Drive, Roseville, CA, 95661
Telephone: 916-286-7650

Capital Planning Advisors LLC is a large advisory firm based in Roseville. It manages $572 million of regulatory assets for 771 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California, Hawaii, and Texas.

Capital Planning Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Capital Planning Advisors: assets under management

The assets under management (AUM) of Capital Planning Advisors LLC is $572 million. The firm's AUM has grown by 218% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $517 million in discretionary accounts and $55 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.08 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $188.36 thousand.

Capital Planning Advisors has custody of $248 million in cash and securities for 179 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 66% of the total AUM. The second-largest asset type is investment and business development companies, which make up 16% of the firm’s portfolio. Investments in cash and cash equivalents form 11% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Capital Planning Advisors LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and performance-based fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Capital Planning Advisors serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Capital Planning Advisors is high net worth individuals with 102 clients and $348 million of assets under management. Among the 12 most similar advisory firms, Capital Planning Advisors has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $512 million for 299 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.

Capital Planning Advisors doesn't advise any private funds.

Careers at Capital Planning Advisors LLC

The company employs 9 people that are either part- or full-time employees. 56 percent of the employees work as investment advisers or researchers. 5 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
Lawrence Arthur Hansen	Member & cco	1 Sep 2006	50% - 75%	2222839
Lawrence A. Hansen Revocable Trust	Managing member	1 Jan 2007	50% - 75%	xxx-xx-xxxx
Michael Anthony Sollazzo	Managing member	1 Jan 2013	50% - 75%	6109698
Sollazzo Family Trust	Managing member	1 Jan 2014	25% - 50%	xxx-xx-xxxx
Wilson Living Trust	Managing member	1 Jan 2014	25% - 50%	xxx-xx-xxxx
Lawrence Arthur Hansen	Chief compliance officer	1 Feb 2014	Other	2222839
Pretti Family Trust	Managing member	1 Jun 2014	25% - 50%	xxx-xx-xxxx
Jason And Patricia Bell Family Trust	Managing member	1 Sep 2018	25% - 50%	xxx-xx-xxxx

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
James Boyd Wilson	Trustee	1 Feb 2002	75% - 100%	2871525
Michael Anthony Sollazzo	Trustee	1 Aug 2002	75% - 100%	6109698
Lawrence Arthur Hansen	Trustee	1 Jan 2007	75% - 100%	2222839
Brian James Pretti	Trustee	1 Jun 2016	75% - 100%	4981015
Jason Thomas Bell	Trustee	1 Sep 2018	75% - 100%	2464546

Based in Roseville

The principal office where Capital Planning Advisors LLC performs its advisory services is located at 1420 Rocky Ridge Drive, Roseville, CA 95661, which is also the mailing address of the firm. An additional office of the firm is in Walnut Creek, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 916-286-7650 or by fax 916-290-0926. The normal business hours are 8:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at capitalplanningadvisors.com.