Building Rooftops

"After working as a portfolio manager for a large institution, I realized a customized boutique approach to managing client portfolios is best for clients. I left a large institution environment, joined our firm in 1980, and am in my fourth decade of a great decision."

- Charles D. Osborne, II [Chairman]

"Successful compliance is about being consistently methodical, thorough and firm - the key is repeating this formula."

- Alicia W. Cheng [Chief Compliance Officer]

"We wanted to build a portfolio management team with diverse backgrounds, education, and experience, all with one common goal - discovering the best risk-adjusted investments. We succeeded."

- Justin W. McNichols, CFA [Chief Investment Officer]

"We have the whole financial package - an investment management team that rivals the big institutions, the depth of services that challenges the mid-size firms, all wrapped up in an employee owned boutique."

- Deglin F. Kenealy [OPCM Board Member]

Our Firm

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  • Our Story

Since 1937, Osborne Partners Capital Management, LLC and its predecessors have actively managed diversified, multi-asset class portfolios for families and institutions.

The firm was founded as an investment management boutique for sophisticated investors by Jack Stephenson, an early partner with Dodge & Cox, and Phelps Hunter, a Portfolio Manager with Crocker Bank. By successfully transitioning ownership throughout the decades, OPCM has become a well-established multi-asset class manager with $1.4 billion in assets under management (as of 3/31/2017). Ownership has evolved from the original two founders to the diverse ownership today, which includes 14 current OPCM employees.

Both individuals and institutions focus on growing their portfolios. We agree growth is important. But the ultimate goal is to achieve excellent risk adjusted returns. By focusing on growth while attempting to reduce negative returns in bear markets, long-term performance is maximized. Our strong performance is accomplished by taking diversification to the next level.

WHAT MAKES US DIFFERENT

  • Customize portfolios over five major asset classes similar to large foundations and endowments
  • Manage portfolios in-house versus hiring outside managers
  • Use nearly all individual securities versus buying mutual funds
  • Manage each asset class with a distinct purpose
  • Concentrate on reducing downside risk
  • 1937
  • 1960
  • 1975
  • 1980
  • 2000
  • 2004
  • 2006
  • 2010
  • 2013
  • 1937

    Phelps Hunter founded the firm in San Francisco

  • 1960

    Firm expands to 3 equity partners

  • 1975

    Firm reaches 100 million in assets under management

  • 1980

    March 10, 1980 – Charles Osborne joins the firm

  • 2000

    Name of the firm changes to Osborne Partners Capital Management, LLC

  • 2004

    OPCM reaches $500 million in assets under management

  • 2006

    OPCM opens a Silicon Valley office

  • 2010

    OPCM reaches $1 billion in assets under management

  • 2013

    OPCM reaches $1.5 billion in assets under management

  • Figure Year of Inception Year of Inception
  • Figure Number of Assets Assets (in billions) under management as of  June 30, 2017
  •  Number of Employees
  •  Number of employees who are owners of OPCM
  •  Number of years our longest-term client has been with OPCM
  • Figure Percentage AUM liquid investments Percentage of AUM in liquid investments
  • Figure Cost to create financial plan Extra cost to create a Financial Plan at OPCM
  •  Number of states OPCM clients reside
  •  Number of generations OPCM has managed portfolios for many families
  •  CIO Justin McNichols’ ranking in the top-120 according to Barron’s 2015 Top Advisor Rankings: California (and is the 16th ranked advisor on the list that is not with a firm also registered as a broker).

Barron’s Ranking

The Barron’s “2015 Top Advisor Rankings – California” for Justin McNichols of Osborne Partners Capital Management, LLC (“OPCM”). The rating may not be representative of any one client’s experience because the rating reflects a quantitative and qualitative analysis of factors that may include only a sample of the experience of OPCM’s clients. The rating is not indicative of future performance. OPCM did not pay a fee to participate in the Rankings.

According to Barron’s: The formula Barron’s uses to rank advisors is proprietary. The rankings are based on data provided by individual advisors and their firms. Advisor data is confirmed via regulatory databases, cross-checks with securities firms and conversations with individual advisors. The formula has three major components: assets managed, revenue produced and quality of practice. Investment returns are not a component of the rankings because an advisor’s returns are dictated largely by the risk tolerance of clients. The quality-of-practice component includes an evaluation of each advisor’s regulatory record.

OPCM did not pay a fee to participate in the Barron’s Best Financial Advisor Rankings of California. The formula has three major components: assets managed, revenue produced, and quality of practice.