Frank, Rimerman Advisors provides financial planning, portfolio management for individuals and small businesses, and selecting other managers. Financial planning was provided to 51–100 clients last fiscal year.
Frank, Rimerman Advisors reports 106 clients. They include 106 high-net-worth individuals. Of its assets, 73.5% ($2.5B across 414 accounts) are managed with discretion; $900M across 24 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| High-net-worth individuals | 100% | 100% |
| Charitable organizations | Fewer than 5 | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | 106 | $3.39B | 99.8% | $32M |
| Charitable organizations | Fewer than 5 | $7.86M | 0.2% | — |
| Total | 106 | $3.4B | 100% | — |
- Clients
- 106
- Regulatory AUM
- $3.39B
- AUM share
- 99.8%
- Avg. per client
- $32M
- Clients
- Fewer than 5
- Regulatory AUM
- $7.86M
- AUM share
- 0.2%
- Avg. per client
- —
Total
- Clients
- 106
- Regulatory AUM
- $3.4B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
Frank, Rimerman Advisors charges 0.10%–0.70% a year for its Investment advisory fee. The fee is negotiable and has a $15,000 annual minimum. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Hourly billing and financial planning
- Hourly billing rates for clients engaged on an hourly basis, including financial planning clients, range from $360 to $825; fixed fee engagements are available.
Frank, Rimerman + Co. LLP owns 75% or more of Frank, Rimerman Advisors. The leadership team of Frank, Rimerman Advisors includes Chief Compliance Officer Dahlia Black. It has 5 employees, 3 of them in advisory roles.
Leadership
- Dahlia BlackChief Compliance Officer
- Michael RewkiewiczAdministrative Oversight Managerof Frank, Rimerman Advisors LLC
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
- Adam Jay Gensler
- Brian Matthew Kreischer
- Patrick Joseph Sullivan
Staff
- 5 employees
- 3 in advisory functions
- 2 state-registered reps
- Owns 75% or more of Frank, Rimerman Advisors LLC
Frank, Rimerman + Co. LLP
Control person · since October 2001
Frank, Rimerman Advisors’ regulatory assets grew 2.3× from $1.45B (March 2021) to $3.4B (March 2026); clients were 106 in both filings and employees rose from 4 to 5.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $3.4B | 106 | 5 | 4 |
| March 2025 | $3.02B | 105 | 5 | 4 |
| March 2024 | $2.01B | 99 | 5 | 4 |
| August 2023 | $1.7B | 93 | 4 | 3 |
| March 2022 | $1.38B | 96 | 4 | 3 |
| March 2021 | $1.45B | 103 | 4 | 3 |
Besides its headquarters, Frank, Rimerman Advisors has 3 offices (2 private residences, listed without an address), with 2 listed addresses in California.
California · 2 listed addresses
- 1801 Page Mill Road, Palo AltoHQ
- One Embarcadero Center, San Francisco
Contact and registration details
- Legal name
- Frank, Rimerman Advisors LLC
- Headquarters
- 1801 Page Mill Road, Palo Alto, CA 94304
- Website
- frankrimerman.com
- Phone
- 650-845-8100
- SEC file
- 801-62201
- Structure
- California LLC
- Fiscal year end
- December
Frank, Rimerman Advisors uses Fidelity ($1.98B, 61%) and Charles Schwab ($1.26B, 39%) as custodians for its separately managed accounts. Frank, Rimerman Advisors has custody of $893M in client assets for 50 clients.
- FidelityNational Financial Services LLC · San Francisco, CA · $1.98B61%
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $1.26B39%
At year end, Frank, Rimerman Advisors’ separately managed accounts were largely in stocks (46%) and funds (23%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.77B across 612 positions; the largest are Nvidia Corporation (6.3%), Invesco Qqq TR (6.1%) and Alphabet Inc. (5.2%).
What the accounts hold
- Stocks46%
- Exchange-traded equities45%
- Non-exchange-traded equities1%
- Funds23%
- Bonds22%
- State and local bonds19%
- U.S. government and agency bonds3%
- Cash5%
- Other5%
- Legacy holdings - private funds and offerings5%
Reported 13F holdings
- $1.77B
- Reported 13F value
- 612
- Positions
- 37.3%
- In the 10 largest
- +15.8%
- Value vs. prior quarter
- Nvidia Corporation6.3%
- Invesco Qqq TR · Unit Ser 16.1%
- Alphabet Inc. · Cap Stk CL A5.2%
- Apple Inc.4.7%
- State Str SPDR S&P 500 ETF T · TR Unit3.1%
- Alphabet Inc. · Cap Stk CL C2.7%
- Invesco Exch Traded FD TR II · Nasdaq 100 ETF2.4%
- Netflix Inc..2.3%
- Microsoft Corp.2.3%
- Amazon Com Inc.2.0%
Together, the ten largest are 37.3% of reported value.
How many clients does Frank, Rimerman Advisors have?
Frank, Rimerman Advisors has 106 clients and manages $3.4 billion for them, as of March 2026. They include 106 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 28 March 2026
What services does Frank, Rimerman Advisors offer?
Frank, Rimerman Advisors provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Frank, Rimerman Advisors charge?
Frank, Rimerman Advisors charges 0.10%–0.70% a year for its Investment advisory fee. The fee is negotiable and has a $15,000 annual minimum.
Source: FRANK RIMERMAN - PART 2A MARCH 2026, filed 28 March 2026
Which custodians does Frank, Rimerman Advisors use?
Frank, Rimerman Advisors’ separately managed account assets are held at National Financial Services LLC (San Francisco, CA), with $1.98B and Charles Schwab & Co., Inc. (San Francisco, CA), with $1.26B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 28 March 2026
How many financial advisors does Frank, Rimerman Advisors have?
Frank, Rimerman Advisors has 2 investment adviser representatives registered with state securities authorities, out of 5 employees, and 3 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Frank, Rimerman Advisors invest in?
At the end of its last fiscal year, Frank, Rimerman Advisors’ separately managed accounts held 45% exchange-traded equities, 23% registered funds (mutual funds, ETFs, BDCs), 19% state and local bonds, 5% cash and equivalents, 5% other, 3% U.S. government and agency bonds and 1% non-exchange-traded equities. The 5% other category is described as: Legacy Holdings - Private Funds and Offerings.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Frank, Rimerman Advisors?
Frank, Rimerman Advisors’ direct owner is Frank, Rimerman + Co. LLP (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 28 March 2026
How does Frank, Rimerman Advisors get paid?
Frank, Rimerman Advisors is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Frank, Rimerman Advisors registered with the SEC?
Yes, Frank, Rimerman Advisors has been registered with the SEC as an investment adviser since 1 July 2003. Its CRD number is 124147 and its SEC file number is 801-62201.
Source: Form ADV Part 1A, Item 1, filed 28 March 2026; IAPD firm record
How do I contact Frank, Rimerman Advisors?
Frank, Rimerman Advisors’ main office is at 1801 Page Mill Road, Palo Alto, CA 94304. Its phone number is 650-845-8100. Its website is frankrimerman.com.