Putney Financial Group LLC
The Putney Financial Group LLC is a registered investment adviser firm headquartered in San Rafael, California. Originally formed as a sole proprietorship in 2004 and reorganized as an LLC in December 2022, Putney provides comprehensive investment advisory services, financial planning, and individual portfolio management, serving primarily retail investors and families. The firm is managed and owned by Raymond Lawrence Lent, with a small, specialized team serving clients' financial goals. It is affiliated with Portsmouth, a FINRA registered broker-dealer.
Investment Strategy
Putney Financial Group LLC delivers tailored financial planning and portfolio management services focused on meeting the unique needs and circumstances of individual and family clients. The firm uses discretionary and non-discretionary approaches, emphasizing variable annuity products and money market fund cash sweeps. However, SEC orders have noted conflicts of interest when selecting commission-paying annuities and affiliated money market funds, highlighting the importance Putney places on a comprehensive yet occasionally conflicted advisory approach. Investment strategies include both long-term planning and periodic portfolio rebalancing, with a focus on insurance-related investment products.
Top Holdings
Equity Positions (294)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
A AAPL | APPLE INC | 20.48% | $20.4M | 99,282 | $250.42 | $205.17 | -$3.2M |
A AMZN | AMAZON.COM INC | 8.15% | $8.1M | 36,943 | $219.39 | $219.39 | +$508.4K |
G GOOGL | ALPHABET INC CLASS A | 6.75% | $6.7M | 38,082 | $189.30 | $176.23 | +$471.9K |
M MSFT | MICROSOFT | 6.44% | $6.4M | 12,875 | $421.50 | $497.41 | +$1.3M |
N NVDA | NVIDIA CORP COM | 3.35% | $3.3M | 21,099 | $134.29 | $157.99 | +$976.8K |