How does the advisor help clients – Key Takeaways:
Ocean Park Asset Management, LLC (OPAM) is a highly esteemed wealth management firm that aims to provide top-notch financial expertise and services to its clients. With a team of experienced and knowledgeable advisors, OPAM helps its clients achieve their financial goals and secure their future.
Here are some key takeaways highlighting the ways in which OPAM helps its clients:
- Personalized and comprehensive financial planning based on each client’s unique needs and goals.
- A focus on risk management to protect clients’ assets.
- Collaborative approach with clients to ensure they feel involved and informed with their wealth management strategy.
- Ongoing monitoring and adjustments to adapt to changes in the market and client’s circumstances.
Facts and Insights
As of its most recent Form ADV filing, OPAM manages over $2.5 billion in assets for its clients. The firm has a team of 10 advisors and has been in business for over 20 years.
Assets Under Management, Number of Advisors and Time in Business:
| Assets Under Management | Number of Advisors | Years in Business |
|---|---|---|
| $2.5 billion | 10 | 20+ |
Financial Services Offered
OPAM offers a wide range of financial services to its clients, including but not limited to:
- Investment Management
- Financial Planning
- Retirement Planning
- Estate Planning
- Tax Planning
- Insurance Planning
Client Types
OPAM works with a diverse clientele that includes high-net-worth individuals, families, and institutions. The firm is equipped and experienced in managing the unique financial needs of each type of client.
Fees & Compensation
OPAM charges a percentage of assets under management (AUM) as its fee, which varies based on the size of the client’s portfolio. The firm may also receive compensation from third-party providers for recommending their products or services, but this is always disclosed to the client beforehand.
Background
OPAM was founded in 1997 and is currently headquartered in Santa Monica, California. The firm has a team of experienced advisors who have a wealth of knowledge and expertise in financial management. OPAM is registered with the Securities and Exchange Commission (SEC) as an investment advisor.
Financial Advisor Disclosures to Know
As a registered investment advisor, OPAM is required to disclose any potential conflicts of interest to its clients. The firm has a fiduciary duty to act in the best interests of its clients and always prioritizes their needs and objectives. The Form ADV filing also includes any past legal or disciplinary events involving the firm or its advisors.