Silversage Advisors (Irvine)

Name: Silversage Advisors
Address: 19200 Von Karman Avenue,, Irvine, CA, 92612
Telephone: 949-223-5175

Silversage Advisors is a large advisory firm based in Irvine. It manages $318.25 million of regulatory assets for 683 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Arizona, California, Colorado, and 3 other states.

Silversage Advisors provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and publication of newsletters. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Silversage Advisors: assets under management

The assets under management (AUM) of Silversage Advisors is $318.25 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 817% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $318.25 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $465.96 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 79% of the total AUM. The second-largest asset type is exchange traded securities, which make up 15% of the firm’s portfolio. Investments in other assets form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Silversage Advisors 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 Silversage Advisors serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Silversage Advisors is individuals with 579 clients and $286.58 million of assets under management. Among the 8 most similar advisory firms, Silversage Advisors has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $318.25 million for 589 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.

Silversage Advisors doesn't advise any private funds.

Careers at Silversage Advisors

The company employs 12 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 7 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
Jeffrey Mark Garell	Founding principal/chief compliance officer	1 Apr 2004	50% - 75%	1617521
Karin Dawn Mason Garell	Cfo & secretary	1 Apr 2004	50% - 75%	3090991
Daniel David Sands	Managing principal	1 Jan 2008	Other	2664939

Based in Irvine

The principal office where Silversage Advisors performs its advisory services is located at 19200 Von Karman Avenue,, Irvine, CA 92612, which is also the mailing address of the firm. An additional office of the firm is in Richmond, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 949-223-5175 or by fax 949-223-5183. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at silversageadvisors.com.