O'boyle Wealth Management, Inc. (Beverly Hills)

Name: O'boyle Wealth Management, Inc.
Address: 9701 Wilshire Boulevard, Beverly Hills, CA, 90212
Telephone: 310-601-7075

O'boyle Wealth Management, Inc. is a large advisory firm based in Beverly Hills. It manages $117.9 million of regulatory assets for 946 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California, New York, and Texas.

O'boyle Wealth Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

O'boyle Wealth Management: assets under management

The assets under management (AUM) of O'boyle Wealth Management, Inc. is $117.9 million. The firm's AUM has gone down by -4% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $104.3 million in discretionary accounts and $13.6 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $111.91 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $971.43 thousand.

O'boyle Wealth Management has custody of $21 million in cash and securities for 83 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 82% of the total AUM. The second-largest asset type is exchange traded securities, which make up 10% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay O'boyle Wealth Management, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients O'boyle Wealth Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of O'boyle Wealth Management is individuals with 238 clients and $65.8 million of assets under management. Among the 11 most similar advisory firms, O'boyle Wealth Management has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $117.9 million for 268 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.

O'boyle Wealth Management doesn't advise any private funds.

Careers at O'boyle Wealth Management, Inc.

The company employs 4 people that are either part- or full-time employees. 25 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Joe O'boyle	President and chief compliance officer	1 May 2018	75% - 100%	4628385

Based in Beverly Hills

The principal office where O'boyle Wealth Management, Inc. performs its advisory services is located at 9701 Wilshire Boulevard, Beverly Hills, CA 90212, 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 310-601-7075. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at oboylewm.com.