Oceaniq Capital, LLC is a large advisory firm based in Redwood City. It manages $105.63 million of regulatory assets for 50 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of California and Texas.
Oceaniq Capital provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Oceaniq Capital, LLC is $105.63 million. The firm's AUM has grown by 1117% since the beginning of its operation, and $15.84 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Oceaniq Capital, 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.
The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Fuyuan Lin is high net worth individuals with 50 clients and $93.66 million of assets under management. Among the 8 most similar advisory firms, Oceaniq Capital has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $105.63 million for 57 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 15% of the firm’s clients are foreign persons or businesses.
Oceaniq Capital also advises several private funds. Namely, seven venture capital funds. The minimum investment commitment required of non-related persons ranges from $12,500 to $50,000.
The company employs 5 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.
There are 2 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 receive compensation from other entities for client referrals.
Fuyuan Lin has been acting as President since 1 May 2015. Oceaniq Group Llc joined the executive team most recently as the Owner.
The principal office where Oceaniq Capital, LLC performs its advisory services is located at 275 Shoreline Drive, Redwood City, CA 94065, 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 (415) 432-7580. The normal business hours are by appointment only on Other.