Pillar Pacific Capital Management LLC (Pacifica)

Name: Pillar Pacific Capital Management LLC
Address: 210 Eureka Square, Pacifica, CA, 94044
Telephone: 650-758-0130

Pillar Pacific Capital Management LLC is a large advisory firm based in Pacifica. It manages $1.03 billion of regulatory assets for 407 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Arizona, California, Texas, and Washington.

Pillar Pacific Capital Management provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Pillar Pacific Capital Management: assets under management

The assets under management (AUM) of Pillar Pacific Capital Management LLC is $1.03 billion. The firm's AUM has grown by 320% since the beginning of its operation, and $75.39 million of the total AUM is attributable to clients outside of the United States.

The firm manages $979.65 million in discretionary accounts and $46.97 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.49 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.61 million.

Pillar Pacific Capital Management has custody of $124.6 million in cash and securities for 95 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 80% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 15% 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 Pillar Pacific Capital Management 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 Pillar Pacific Capital Management serves?

The firm provides services to individuals, insurance companies, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Pillar Pacific Capital Management is high net worth individuals with 323 clients and $832.38 million of assets under management. Among the 9 most similar advisory firms, Pillar Pacific Capital Management has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.03 billion for 407 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 7% of the firm’s clients are foreign persons or businesses.

Pillar Pacific Capital Management doesn't advise any private funds.

Careers at Pillar Pacific Capital Management LLC

The company employs 11 people that are either part- or full-time employees. 82 percent of the employees work as investment advisers or researchers. 8 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Arthur Townley French	Chief investment officer, secretary, treasurer	1 Apr 1999	25% - 50%	1289097
Craig Albert Macleod	Chief operating officer, chief compliance officer, chief financial officer, secretary	1 Apr 1999	Other	4373309
Mindy L Ying	President, ceo & senior portfolio manager	1 Nov 2007	50% - 75%	2894198
Mindy Lee Ying	President, ceo & senior portfolio manager	1 Nov 2007	50% - 75%	4378700
Sonny C Lin	Chief compliance officer & senior portfolio manager	1 Oct 2013	Other	4937693

Based in Pacifica

The principal office where Pillar Pacific Capital Management LLC performs its advisory services is located at 210 Eureka Square, Pacifica, CA 94044, which is also the mailing address of the firm. An additional office of the firm is in San Marino, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 650-758-0130 or by fax 650-758-0131. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at pillarpacific.com.