Macroclimate LLC (San Francisco)


Macroclimate LLC is an internet adviser based in San Francisco. It manages $103.58 million of regulatory assets for 22 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of California.

Macroclimate provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and publication of newsletters. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Macroclimate: assets under management

The assets under management (AUM) of Macroclimate LLC is $103.58 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 12% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $103.58 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.71 million each.

Investments

The firm invests in exchange traded securities the most. They account for 99% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio.

Fees & Commissions

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

The firm provides services to individuals and high net worth individuals. The largest group of clients of Macroclimate is high net worth individuals with 13 clients and $102.58 million of assets under management. Among the 8 most similar advisory firms, Macroclimate has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $103.58 million for 22 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.

Macroclimate doesn't advise any private funds.

Careers at Macroclimate LLC

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. No 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
Mark Richard Kriss Managing member & chief compliance officer 1 Feb 2004 25% - 50% 4769406
Jesse Holton Kriss Member 1 Jan 2016 25% - 50% 6599823
Peter Holton Kriss Member 1 Jan 2016 25% - 50% 6599826

Based in San Francisco

The principal office where Macroclimate LLC performs its advisory services is located at 2 Embarcadero Center, 8 Th Floor, San Francisco, CA 94111 The mailing address of the firm is Box 7775 #20915, San Francisco, CA 94120 7775. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 415-723-9695 or by fax 415-906-2426. The normal business hours are 9 - 5 pm on Other. You can find more information about the New York firm at macroclimate.com.