Authent Advisors, Inc. (Corte Madera)

Name: Authent Advisors, Inc.
Address: 300 Tamal Plaza, Corte Madera, CA, 94925
Telephone: 415-927-0722

Authent Advisors, Inc. is a large advisory firm based in Corte Madera. It manages $285.3 million of regulatory assets for 1,158 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of California and Hawaii.

Authent Advisors provides financial planning services, portfolio management for individuals and small businesses, and tax consulting and preparation. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Authent Advisors: assets under management

The assets under management (AUM) of Authent Advisors, Inc. is $285.3 million. The firm's AUM has grown by 20% since the beginning of its operation, and $4.28 million of the total AUM is attributable to clients outside of the United States.

The firm manages $203.86 million in discretionary accounts and $81.44 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $228.28 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $307.33 thousand.

Authent Advisors has custody of $64.6 million in cash and securities for 120 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 86% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 8% of the firm’s portfolio. Investments in state and local bonds form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Authent Advisors, Inc. 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 Authent Advisors serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Authent Advisors is high net worth individuals with 124 clients and $228.06 million of assets under management. Among the 9 most similar advisory firms, Authent Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $285.3 million for 304 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 2% of the firm’s clients are foreign persons or businesses.

Authent Advisors doesn't advise any private funds.

Careers at Authent Advisors, Inc.

The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 3 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
Margaret Mary Daly	Owner and president	1 Oct 2008	75% - 100%	5610522
Rebecca Marie Crandall	Chief compliance officer	1 Aug 2013	Other	2695290

Based in Corte Madera

The principal office where Authent Advisors, Inc. performs its advisory services is located at 300 Tamal Plaza, Corte Madera, CA 94925, 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 415-927-0722 or by fax 415-329-2103. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at polarismarin.com.