Edward Thomas is a registered investment advisor at Onitus Capital, LLC, based in Walnut Creek, CA, with 24 years of industry experience. Edward operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Financial Planning & Coaching, and 4 more. Their firm serves 59 clients with $9.6M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Onitus Capital charges a fee based on a percentage of your portfolio for investment management. The maximum annual fee is 1.50%. Fees are negotiable and are deducted from your account quarterly, either in advance or after the quarter. If Onitus Capital uses a third-party money manager, the maximum annual fee will not exceed 2.75%, in addition to any fees assessed by the third-party manager. The maximum combined fee will not exceed 3.00%. Onitus Capital may also recommend Adhesion, a Turnkey Asset Management Program (TAMP), with a maximum combined fee of 1.75%.
Location
1990 N California Blvd, 8th Floor, Walnut Creek, CA, 94596
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Edward works for Hunter CPA, providing tax preparation and accounting services. This investment-related activity takes about half of his time, with about 20 hours per month during trading hours.
Employment History
Current Registrations
Onitus Capital, LLC
Previous Registrations
LPL Enterprise, LLC
LPL Enterprise, LLCBroker
Prudential Financial Planning Services
Pruco Securities, LLC.Broker
Waddell & Reed
Waddell & ReedBroker
Wells Fargo Securities, LLCBroker
J.P. Morgan Securities INC.Broker
J.P. Morgan Securities INC.Broker
Chase Securities INC.Broker
Hambrecht & Quist LLCBroker
State Registrations1 state
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.