Precept Advisory Group LLC

CRD#152776
Investment Advisor Firm

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Learn more about Precept Advisory Group LLC

  • Overview
  • By the Numbers
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations
  • Firm Advisors

    • Overview

    Precept Advisory Group LLC is located at 130 Theory, Irvine, CA. The firm employs 8 financial advisors to manage client portfolios and provide financial guidance. Precept Advisory Group LLC is not a registered broker-dealer.

    Precept Advisory Group LLC oversees $4.3 billion in assets under management across 62 accounts, of which 3 are discretionary and 59 are non-discretionary. The services offered include portfolio management for institutional clients and pension consulting services. The firm caters to pension plans and corporations, with pension plans being the largest client type by accounts. The fee structure at Precept Advisory Group LLC includes asset-based, hourly, and fixed fees. The firm maintains affiliations with a broker-dealer or securities dealer, an insurance company or agency, a pension consultant, and a commodity pool advisor.

    Precept Advisory Group LLC is registered in the states of California, Oregon, and Texas.

    Assets Under Management

    $4.3 billion

    Number of Advisors

    8

    Disclosures

    No

    Office Location

    130 Theory
    Irvine, CA 92617

    Precept Advisory Group LLC by the Numbers

    Total Assets Under Management

    $4.3 billion

    National Average: $8.6 billion
    Total Number of Employees

    9

    National Average: 64
    Total Number of Accounts

    62

    National Average: 375,227
    Average Account Size

    $68.8 million

    National Average: $23.0 thousand
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    Fee Structure

    Fees for financial management largely are based on the type of services provided. Fees charged by Precept Advisory Group LLC can include any combination of the following fee types: asset-based, hourly, or fixed.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    • Offered by 21% of firms

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Offered by 32% of firms

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

    Unavailable

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 26% of firms that offer this fee type

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 10% of firms that offer this fee type

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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    Types of Clients

    It provides services to pension plans and corporations. Out of its 2 clients, Precept Advisory Group LLC's biggest client type by number of accounts is pension plans.

    • High-Net-Worth Individuals* - 0%
    • Other Individuals - 0%
    • Corporations - 100%
    • Charitable Organizations - 0%

    * The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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    Disclosures

    Precept Advisory Group LLC does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at Precept Advisory Group LLC

    Matija Fistrovic
    Irvine, CA
    Johnathan Ma
    Irvine, CA
    Corey Coleman
    Irvine, CA
    Vincent Ko
    Irvine, CA
    Bernson Wong
    Irvine, CA
    Kevin Chen
    Irvine, CA
    Coye Cordle
    Irvine, CA
    Linda Bright
    Irvine, CA

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    Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.