Ocean Capital Management LLC (Santa Rosa)

Name: Ocean Capital Management LLC
Address: 3550 Round Barn Blvd., Santa Rosa, CA, 95403
Telephone: 707-230-2158

Ocean Capital Management LLC is a large advisory firm based in Santa Rosa. It manages $147.74 million of regulatory assets for 582 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of California, Oregon, and Texas.

Ocean Capital Management provides financial planning services, portfolio management for individuals and small businesses, and pension consulting 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.

Ocean Capital Management: assets under management

The assets under management (AUM) of Ocean Capital Management LLC is $147.74 million. The firm's AUM has grown by 47% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $145.21 million in discretionary accounts and $2.53 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $268.42 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $61.66 thousand.

Ocean Capital Management has custody of $68.38 million in cash and securities for 182 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 69% of the total AUM. The second-largest asset type is state and local bonds, which make up 25% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ocean Capital Management LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed 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 Ocean Capital Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Ocean Capital Management is high net worth individuals with 41 clients and $95.53 million of assets under management. Among the 10 most similar advisory firms, Ocean Capital Management has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $142 million for 204 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.

Ocean Capital Management doesn't advise any private funds.

Careers at Ocean Capital Management LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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

Name	Entity	Date acquired	Ownership	Employer ID
James Raymond Aljian	Managing member & chief compliance officer	1 Sep 2013	75% - 100%	1489018
Jessica Marie Markarian	Chief compliance officer	1 Mar 2014	Other	2444783
Aljian Family Revocable Trust	Managing member	1 Aug 2014	75% - 100%	xxx-xx-xxxx

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
James Raymond Aljian	Owner	1 Apr 2006	50% - 75%	1489018
Denise Aljian	Owner	1 Apr 2006	50% - 75%	xxx-xx-xxxx

Based in Santa Rosa

The principal office where Ocean Capital Management LLC performs its advisory services is located at 3550 Round Barn Blvd., Santa Rosa, CA 95403, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 707-230-2158 or by fax 707-230-2294. The normal business hours are 6:30 am - 3:00 pm on Monday - Friday. You can find more information about the New York firm at aljiancapital.com.