White Oak Global Advisors, LLC (San Francisco)


White Oak Global Advisors, LLC is a large advisory firm based in San Francisco. It manages $5.49 billion of regulatory assets for 55 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of California, Colorado, Georgia, Illinois, and New York.

White Oak Global Advisors provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

White Oak Global Advisors: assets under management

The assets under management (AUM) of White Oak Global Advisors, LLC is $5.49 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1965% since the beginning of its operation, and $2.54 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $5.49 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $99.83 million each.
White Oak Global Advisors has custody of $4.19 billion in cash and securities for 55 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 91% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 9% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay White Oak Global Advisors, LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients White Oak Global Advisors serves?

The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of White Oak Global Advisors is pooled investment vehicles with 39 clients and $4.91 billion of assets under management. Among the 11 most similar advisory firms, White Oak Global Advisors has the 5th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $4.98 billion for 44 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 22% of the firm’s clients are foreign persons or businesses.

White Oak Global Advisors also advises several private funds. Namely, fifteen hedge funds and sixteen private equity funds. The minimum investment commitment required of non-related persons ranges from $10,000 to $100,000,000.

Careers at White Oak Global Advisors, LLC

The company employs 79 people that are either part- or full-time employees. 43 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 7 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
Andre Amin Hakkak Managing member 1 Jun 2007 50% - 75% 2198641
Barbara Jean Schassar Mckee Managing member 1 Jun 2007 Other 4647570
Andre A Hakkak Managing member and portfolio manager 1 Jun 2007 25% - 50% 2198641
Kenneth M. Masters Managing member and portfolio manager 1 Jun 2007 25% - 50% 4267443
Nicomedes Inocencio Pasco Managing member and portfolio manager 1 Jun 2007 Other 2759525
Kenneth Mitchell Masters Managing member and portfolio manager 1 Jun 2007 25% - 50% 4267443
David Hackett Principal 1 Jan 2008 Other 4764665
David Bruce Hackett Principal 1 Jan 2008 Other 4764665
Jack Anthony Thrift Chief compliance officer 1 Jul 2008 Other 2175293
Darius Joseph Mozaffarian Head of originations 1 Jul 2009 Other 5007620
David Bruce Hackett Head of underwriting 1 Jul 2009 Other 4764665
Philip Nicholas Duff Managing member 1 Oct 2009 Other 1925243
Patrick Henry Dowling Senior managing director, chief compliance officer 1 Feb 2010 Other 5859111
Micah Anthony Taylor Chief compliance officer 1 May 2011 Other 2890693
David Michael Lund Chief financial officer 1 Jul 2011 Other 6008269
David Michael Lund Chief financial officer 1 Sep 2011 Other 6008269
Jeffrey Scott Lisle Chief operating officer 1 Oct 2011 Other 6008270
Matthew David Caudill General counsel and chief compliance officer 1 Mar 2012 Other 4814478
Helene J Jepson Chief compliance officer 1 Aug 2013 Other 4266688
Matthew David Caudill General counsel and chief compliance officer 1 Oct 2014 Other 4814478
Matthew David Caudill General counsel 1 Dec 2014 Other 4814478
Charles Anthony Christofilis Chief compliance officer and senior counsel 1 Dec 2014 Other 1518196
Llc White Oak Finance Sole shareholder of registrant 1 Apr 2015 75% - 100% 46-2502782
Eric A. Snyder Chief accounting officer 1 May 2015 Other 4355423
Eric Adams Snyder Chief accounting officer 1 May 2015 Other 4355423
Dave Ray General counsel 1 Jan 2016 Other 5460549
Eric A. Snyder Chief accounting officer 1 Jan 2016 Other 4355423
Dave Ray General counsel & chief compliance officer 1 Oct 2016 Other 5460549
John Troy Beatty Chief compliance officer and associate general counsel 1 Mar 2017 Other 3056038
Diane Altieri Chief operating officer 1 Feb 2019 Other 7142652
John Troy Beatty General counsel and chief compliance officer 1 Jun 2019 Other 3056038

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Llc White Oak Financial Sole shareholder of registrant 1 Apr 2015 75% - 100% 46-2502782
Andre Amin Hakkak Ownership interest in white oak financial, llc 1 Apr 2015 75% - 100% 2198641

Based in San Francisco

The principal office where White Oak Global Advisors, LLC performs its advisory services is located at 3 Embarcadero Center, San Francisco, CA 94111 4048, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 415-644-4100 or by fax 415-644-4199. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at whiteoaksf.com.