Align Impact, LLC (Santa Monica)

Name: Align Impact, LLC
Address: 429 Santa Monica Blvd #500, Santa Monica, CA, 90401
Telephone: 323-886-0947

Align Impact, LLC is a related adviser based in Santa Monica. It manages $107 million of regulatory assets for 68 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of California.

Align Impact provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, selection of other advisers, and educational seminars and workshops. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Align Impact: assets under management

The assets under management (AUM) of Align Impact, LLC is $107 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 4358% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $107 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.57 million each.

Investments

The firm invests in non-exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Align Impact, LLC for their services and products based on a percentage of assets under management 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 Jonathan Daniel Bruce serves?

The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Jonathan Daniel Bruce is pooled investment vehicles with 44 clients and $80 million of assets under management. Among the 8 most similar advisory firms, Align Impact has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $107 million for 68 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.

Align Impact doesn't advise any private funds.

Careers at Align Impact, LLC

The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 2 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Jonathan Daniel Bruce has been acting as President since 1 Jan 2010. The Miller Family 2007 Trust joined the executive team most recently as the Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llc Abacus Wealth Partners	Owner	1 Mar 2004	50% - 75%	65-1193184
Llc Aspiriant	Owner	1 Nov 2007	25% - 50%	26-1518255
Jonathan Daniel Bruce	President	1 Jan 2010	Other	5332405
Jessica Lu	Cco	1 Feb 2015	Other	6146086
Jessica Nmn Lu	Managing member & chief compliance officer	1 Feb 2015	Other	6146086
Jennifer Dee Kenning	Managing member	1 Feb 2015	25% - 50%	5637909
Jonathan Daniel Bruce	President	1 Feb 2015	Other	5332405
Jennifer Dee Kenning	Managing member	1 Apr 2015	Other	5637909
Dennis Michael Kelleher	Chief compliance officer	1 Apr 2017	Other	2107342
The Miller Family 2007 Trust	Member	1 Jul 2019	Other	xxx-xx-xxxx
The Rafael Living Trust	Member	1 Jul 2019	Other	xxx-xx-xxxx
The Eric T And Elizabeth C Jacobsen Foundation	Member	1 Jul 2019	Other	87-0661833
Cordes Foundation	Member	1 Jul 2019	Other	25-1926063

Indirect Owners

The SEC currently registers 14 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Llc Aspiriant Holdings	Member	1 Jan 2008	25% - 50%	16-1634764
Llc Aspiriant Holdings S2	Managing member	1 Jan 2008	50% - 75%	94-3146372
Inc Sherman Financial	Owner	1 Feb 2015	25% - 50%	23-2747428
Inc Abacus Wealth Management	Owner	1 Feb 2015	25% - 50%	95-4716947
Spencer David Sherman	President	1 Feb 2015	25% - 50%	1609423
Brenton W. Kessel	President	1 Feb 2015	25% - 50%	2826946
Brenton Warwick Kessel	Shareholder of abacus wealth management, inc	1 Feb 2015	25% - 50%	2826946
Elizabeth Rafael	Owner	1 May 2019	75% - 100%	7155653
Elizabeth Jacobsen	Owner	1 May 2019	50% - 75%	7155655
Jeffrey Miller	Owner	1 Jul 2019	50% - 75%	7155651
Karen Miller	Owner	1 Jul 2019	50% - 75%	7155652
Ericc Thomas Jacobsen	Owner	1 Jul 2019	50% - 75%	1730873
Gabriel Diclerico	Owner, secretary and treasurer	1 Jul 2019	50% - 75%	7155656
Eric Meissner	Owner/ director of custom investments	1 Jul 2019	50% - 75%	7155659

Based in Santa Monica

The principal office where Align Impact, LLC performs its advisory services is located at 429 Santa Monica Blvd #500, Santa Monica, CA 90401, 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 323-886-0947 or by fax 323-886-0947. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at alignimpact.com.