Tamar Securities, LLC (Woodland Hills)

Name: Tamar Securities, LLC
Address: 21031 Ventura Boulevard, Woodland Hills, CA, 91364
Telephone: 818-914-7460

Tamar Securities, LLC is a large advisory firm based in Woodland Hills. It manages $304.84 million of regulatory assets for 1,269 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Arizona, California, Florida, and 7 other states.

Tamar Securities provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, and publication of newsletters. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Tamar Securities: assets under management

The assets under management (AUM) of Tamar Securities, LLC is $304.84 million. The firm's AUM has grown by 111% since the beginning of its operation, and $16.32 million of the total AUM is attributable to clients outside of the United States.

The firm manages $262.44 million in discretionary accounts and $42.4 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $237.29 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $260.1 thousand.

Investments

The firm invests in state and local bonds the most. They account for 54% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 16% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tamar Securities, LLC for their services and products based on a percentage of assets under management, hourly charges, 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.

What kind of clients Tamar Securities serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Tamar Securities is individuals with 10 clients and $236.29 million of assets under management. Among the 9 most similar advisory firms, Tamar Securities has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $302.47 million for 208 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 3% of the firm’s clients are foreign persons or businesses.

Tamar Securities doesn't advise any private funds.

Careers at Tamar Securities, LLC

The company employs 9 people that are either part- or full-time employees. 89 percent of the employees work as investment advisers or researchers. 8 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
Amit Raz Stavinsky	Managing member & chief compliance officer	1 Jun 2010	75% - 100%	2255541

Based in Woodland Hills

The principal office where Tamar Securities, LLC performs its advisory services is located at 21031 Ventura Boulevard, Woodland Hills, CA 91364, 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 818-914-7460 or by fax 818-914-7480. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at tamarsecurities.com/.