Precept Advisory Group LLC (Irvine)


Precept Advisory Group LLC is a large advisory firm based in Irvine. It manages $3.41 billion of regulatory assets for 48 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of California and Texas.

Logo

Precept Advisory Group provides 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.

Precept Advisory Group: assets under management

The assets under management (AUM) of Precept Advisory Group LLC is $3.41 billion. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in investment and business development companies the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Precept Advisory Group LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed 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 Martin Loth serves?

The only and largest group of clients of Martin Loth is pension and profit sharing plans with 48 clients and $3.41 billion of assets under management. Among the 9 most similar advisory firms, Precept Advisory Group has the highest percentage of pension and profit sharing plans out of all clients.


The amount of regulatory assets under management is $3.41 billion for 48 clients. None of the firm’s clients are foreign persons or businesses.

Precept Advisory Group doesn't advise any private funds.

Careers at Precept Advisory Group LLC

The company employs 7 people that are either part- or full-time employees. 86 percent of the employees work as investment advisers or researchers. 6 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 receive compensation from other entities for client referrals.

Martin Loth has been acting as President since 1 Jun 2012. Inc. Mcgriff Insurance Services joined the executive team most recently as the Member.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Alex Nmn Wasilewski Managing member/chief compliance officer 1 Jan 2010 75% - 100% 1436862
Bb&T Sole member of precept advisory group, llc 1 Nov 2011 75% - 100% 95-3594541
Inc. Bb&T Insurance Services Of California Member 1 Nov 2011 75% - 100% 95-3594541
Douglas Alan Igel Chief compliance officer 1 Nov 2011 Other 2620848
Douglas Alan Igel Chief compliance officer 1 Jan 2012 Other 2620848
Linda Kyu Young Bright Senior vice president 1 Jun 2012 Other 5756182
David M Pruett Manager, vice chairman and secretary 1 Jun 2012 Other 6831527
Andrea L Holder Chief financial officer 1 Jun 2012 Other 6831532
Martin Loth President 1 Jun 2012 Other 6831538
John Michael Howard Manager, chairman 1 Jan 2016 Other 2192605
Mary Gregory Treasurer 1 Jan 2016 Other 6831535
Mary M Martin Treasurer 1 Jan 2016 Other 6831535
Vincent Timothy Ko Chief compliance officer 1 Feb 2016 Other 4646004
Vincent Timothy Ko Chief compliance officer 1 Apr 2017 Other 4646004
Iii Frederick W. Ulmer Chief executive officer 1 Jan 2019 Other 7086745
Michael Joseph Martini President 1 Jan 2019 Other 6296473
Tammy J. Stringer Secretary 1 Jan 2019 Other 7086747
Inc. Mcgriff Insurance Services Member 1 Apr 2019 75% - 100% 56-1623293

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
Bb&T Corporation Shareholder 1 Feb 1995 75% - 100% 56-0939887
Bb&T Insurance Services Inc. (Dba Stanley Hunt Dupree & Rhine) Shareholder 1 Jun 2008 75% - 100% 56-1623293
Branch Banking And Trust Company Shareholder 1 Apr 2012 75% - 100% 56-1074313
Inc. Bb&T Insurance Holdings Shareholder 1 Apr 2013 75% - 100% 31-1746517

Based in Irvine

The principal office where Precept Advisory Group LLC performs its advisory services is located at 130 Theory, Irvine, CA 92617, 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 800-344-1430 or by fax 949-955-9471. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at preceptadvisory.com.