Golub Group, LLC (San Mateo)


Golub Group, LLC is a large advisory firm based in San Mateo. It manages $1.48 billion of regulatory assets for 1,405 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 18 other states.

Golub Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for businesses and institutional clients, educational seminars and workshops, and provide model portfolio recommendations to other investment advisors. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Golub Group: assets under management

The assets under management (AUM) of Golub Group, LLC is $1.48 billion. The firm's AUM has grown by 254% since the beginning of its operation, and $7.49 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.43 billion in discretionary accounts and $51.6 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.26 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $190.41 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 61% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 13% 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 Golub Group, LLC for their services and products based on a percentage of assets under management and hourly charges. 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 Golub Group serves?

The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Golub Group is high net worth individuals with 482 clients and $1.02 billion of assets under management. Among the 13 most similar advisory firms, Golub Group has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.48 billion for 1,415 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.

Golub Group doesn't advise any private funds.

Careers at Golub Group, LLC

The company employs 31 people that are either part- or full-time employees. 45 percent of the employees work as investment advisers or researchers. 9 employees are registered as investment adviser representatives with the state securities authorities.

There are 5 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates 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
Colin Matthew Higgins President, coo 1 Sep 2003 25% - 50% 2813293
Gregory Scott Golub Board member 1 Sep 2003 Other 2624815
Joseph A Martin Director, private client group 1 Sep 2003 Other 3058406
Michael Macarthur Golub Chairman & ceo 1 Sep 2003 50% - 75% 224803
Timothy Rich Chief compliance officer 1 Jan 2006 Other 1055179
Timothy Robert Rich Chief compliance officer 1 Jan 2006 Other 1055179
Kurt Hoefer Director of business development 1 Jan 2007 25% - 50% 1055179
Jennifer Lynn Rouse Chief compliance officer 1 Mar 2009 Other 5653788
Kurt Hoefer Chief strategy officer 1 Dec 2016 25% - 50% 1055179
Joseph A Martin Chief client experience officer 1 Dec 2018 Other 3058406

Based in San Mateo

The principal office where Golub Group, LLC performs its advisory services is located at 1850 Gateway Drive, San Mateo, CA 94404 4060, which is also the mailing address of the firm. An additional office of the firm is in Pasadena, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 650-212-2240 or by fax 650-212-2249. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at golubgroup.com.