O'donnell Financial Services, LLC (San Rafael)

Name: O'donnell Financial Services, LLC
Address: 1101 Fifth Ave., San Rafael, CA, 94901
Telephone: 415-758-6331

O'donnell Financial Services, LLC is a large advisory firm based in San Rafael. It manages $134.41 million of regulatory assets for 571 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California and Texas.

O'donnell Financial Services provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

O'donnell Financial Services: assets under management

The assets under management (AUM) of O'donnell Financial Services, LLC is $134.41 million. The firm's AUM has grown by 29% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $134 million in discretionary accounts and $410 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $235.5 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $205 thousand.

O'donnell Financial Services has custody of $38.44 million in cash and securities for 154 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 64% of the total AUM. The second-largest asset type is investment and business development companies, which make up 25% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay O'donnell Financial Services, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed 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 O'donnell Financial Services serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of O'donnell Financial Services is individuals with 411 clients and $87.87 million of assets under management. Among the 12 most similar advisory firms, O'donnell Financial Services has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $132.87 million for 439 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'donnell Financial Services doesn't advise any private funds.

Careers at O'donnell Financial Services, LLC

The company employs 14 people that are either part- or full-time employees. 29 percent of the employees work as investment advisers or researchers. 4 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
Gregory Charles O'donnell	Chief compliance officer and managing member	1 Jan 2015	75% - 100%	2802185

Based in San Rafael

The principal office where O'donnell Financial Services, LLC performs its advisory services is located at 1101 Fifth Ave., San Rafael, CA 94901, which is also the mailing address of the firm. An additional office of the firm is in San Jose, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 415-758-6331. The normal business hours are by appointment only on Other. You can find more information about the New York firm at odfigroup.com/ and its LinkedIn profile.