Running Point Capital Advisors LLC

Running Point Capital Advisors LLC is a registered investment adviser based in California, established in 2019. The firm offers discretionary portfolio management services tailored to individual client needs, conducting at least annual reviews. Clients have the option to set restrictions on discretionary authority. Investment strategies include a diversified portfolio of various securities, with a focus on long-term positive returns. The firm also provides financial planning services covering areas such as investment planning, tax planning, and estate planning. Running Point may recommend third-party sub-advisers and offers services related to Private Placement Life Insurance and Private Placement Variable Annuities. The firm requires a minimum account size of $5 million for portfolio management services, with fees based on a tiered structure. Clients have the option to custody assets with Schwab or Fidelity, with access to institutional services. Running Point may pay referral fees to Solicitors and does not accept compensation from non-clients. The firm has custody of client funds and securities and provides proxy voting services. Running Point has no financial conditions that may impair meeting contractual obligations and has not been subject to bankruptcy in the past ten years.