Lega Z Advisory LLC (San Francisco)

Lega Z Advisory LLC is a large advisory firm based in San Francisco. It manages $314.05 million of regulatory assets for 25 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of California.

Lega Z Advisory provides financial planning services and portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Lega Z Advisory: assets under management

The assets under management (AUM) of Lega Z Advisory LLC is $314.05 million. $314.05 million of the total AUM is attributable to clients outside of the United States.

The firm manages $256.17 million in discretionary accounts and $57.88 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $28.46 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.62 million.

Investments

The firm invests in other assets the most. They account for 88% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 7% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Lega Z Advisory LLC for their services and products based on a percentage of assets under management. 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 Lega Z Advisory serves?

The firm provides services to investment companies and high net worth individuals. The largest group of clients of Lega Z Advisory is investment companies with 7 clients and $313.32 million of assets under management. Among the 9 most similar advisory firms, Lega Z Advisory has the 2nd highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $314.05 million for 9 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 100% of the firm’s clients are foreign persons or businesses.

Lega Z Advisory doesn't advise any private funds.

Careers at Lega Z Advisory LLC

The company employs 1 person that is either a part- or full-time employee. 100 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
Paul Max Seiferle	Managing member & chief compliance officer	1 May 2018	75% - 100%	5604068

Based in San Francisco

The principal office where Lega Z Advisory LLC performs its advisory services is located at 870 Market Street, San Francisco, CA 94102, 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) 601 8482 or by fax (855) 809-3479. The normal business hours are not applicable - office visits by appointment only on Other.