Our name reflects the dynamism of the clients we advise. We work with a network of accomplished clientele—people who make a mark on the world through their intellect.
“Intellect” is defined as the ability to come to the correct conclusion about what is true and to solve problems. We are privileged to work with people who marry their intellect and ingenuity, creating lasting value for themselves, their families, their companies, and their societies.
Intellectus combines “intellect” and “us.” But it’s not just our intellect. It’s the talent and substance, connectivity and passion of the people we advise. When you become a client of Intellectus, you not only gain an advisory team that is utterly focused on you and your needs. You also gain a broad and diversified circle of like-minded peers who share ideas, experiences and opportunities, generating connection and insight across an elite group of innovative leaders.
Intellectus Partners represents a different approach to wealth creation and preservation. We work with entrepreneurs and successful executives —people who expect and demand something beyond “business as usual.” We are much more than investment advisors or relationship managers. We are integrally involved in the financial, professional, and familial lifecycle of the clients we serve. Entrepreneurs ourselves, we embrace our ability to innovate, create value, quantify risks, and help clients capitalize on the fat pitch of opportunity.
We believe that the traditional wealth management model is broken. Most clients are underserved because of the Big Banks’ embedded conflicts of interest. Entrepreneurs and executives are particularly ill served. Traditional wealth managers view clients in terms of their investment assets alone. For entrepreneurs and executives, their wealth is typically not only in their investment portfolios, but also in the businesses they have built or are running. Intellectus changes the paradigm. We help our clients address key issues of creating and preserving self-made wealth, spanning a lifecycle of needs, from formation all the way through impact investing:
- How to navigate the evolution of a business, from incipient idea through sale or transfer.
- How to optimize a business structure relative to investment, tax, and wealth transfer objectives.
- How to source, evaluate, implement and manage diverse investment managers, strategies and opportunities.
- How to strategize for equity ownership, relative to planning, hedging, liquidity, and sale.
- How to assemble the best experts to achieve professional, personal, and philanthropic goals.
- How to turn your success and wealth into a positive catalyst for the world around you.
Intellectus Partners offers a new paradigm of wealth creation and preservation. Within this new beginning stands a solid foundation. David La Placa and Jay Casey, our founders, have worked together since 2000. They offer a seasoned maturity infused with a collaborative ethos and innovative mindset that drives their lifecycle advisory approach. David and Jay are joined by our Vice President of Client Financial Planning, Kelly Morton, and our Vice President of Operations & Administration, Tina Chan, and who have been with the team since 2000 and 2010 respectively. Our continuity, longevity, and harmony as a team confer benefits to our clients; they know that we have the processes and systems in place to ensure robust coverage for their needs. Our internal operations are sound, and our new partnership with Dynasty Financial Partners significantly enhances that scale and stability, freeing us to devote our energy to the more important concerns of our clients.
David J La Placa
David La Placa has led Intellectus Partners since its founding in 2015, keeping a goal's oriented "best of breed" client service model and focus on innovation at the forefront of his leadership. He leads the Global Executive Investment & Operating committees and oversees all investment strategies. David’s energy, vision, and hands-on experience in multiple successful ventures provides a deep understanding of the LifeCycle of entrepreneurs. He speaks not from a distant removal to their needs, but a vital understanding of the satisfactions and challenges of entrepreneurship today. David has extensive experience at the intersection of entrepreneurial advisory, wealth creation, FinTech and investment management. He has been a Founder or Founding Team member of several Ventures. David has been recognized as a "Top Advisor" by Fortune and Research Magazine. Barron’s has named him one of the “Top Advisors in America” for several years. Prior to founding Intellectus Partners, David was a member of the Client Advisor Executive Committee and a Managing Director with Deutsche Bank Alex. Brown. He joined Deutsche Bank in 2004 and quickly became one of the top Financial Advisors in Silicon Valley. Within Deutsche Bank, David served as a portfolio manager, led the firm’s Private Wealth Management West Coast effort within Venture Services, and was the lead advisor for its Internet & Digital Media outreach. Previously, David was Senior Vice President, Private Wealth Management, and co-head of the Venture Services Group at Lehman Brothers in Menlo Park, California. He was responsible for coverage of ultra-high-net-worth entrepreneurs, as well as trading and distribution of venture capital and private equity fund portfolio securities. David graduated from Temple University’s Fox School of Business, with a concentration in Real Estate, Finance, and International Marketing. David is extremely active in the venture community within Silicon Valley. He sits on boards, advises and invests in start-up companies and growth companies. Current and past associations include Orbital Insight (BoD), Doc.ai, Cirrus Insight, The Climate Corp (acquired by MON), CareCloud, Lime (Neutron Holdings) TheHintBox!, Concept.io (Apple, Inc.), Aurora Insight, Moon Express, Fan Compass (BoD), among others.
Jay Casey is a co-founder and President of Intellectus Partners. He specializes in advising entrepreneurs, executives, venture capitalists, and family offices. Jay serves on the Global Executive Committee and the Global Investment & Operating Committees. Within Intellectus, he is responsible for day-to-day oversight of key operating units, including Investment Planning & Analytics, Strategic Product Management, and Risk & Quantitative Analysis. Prior to founding Intellectus Partners, Jay served as a Director at Deutsche Bank, where he was an Advisor and Portfolio Manager for more than a decade, leading a team with his partner, David La Placa. He had oversight of the team’s investment strategies, including its fixed income, equity, liquidity, and alternative investment offerings. Prior to Deutsche Bank, Jay served as Vice President in the Private Wealth Division of Lehman Brothers. Jay earned his MBA in Finance and Entrepreneurship from Duke University’s Fuqua School of Business and his undergraduate degree from Appalachian State University. He also studied International Finance at Sasin of Chulalongkorn University in Thailand. Jay has earned a number of national accolades. On Wall Street recognized him as one of the Top 40 Advisors Under 40 in 2009 and Barron’s has named him one of the Top Advisors in America in multiple years.
Tina Chan is Vice President of Operations & Administration and an Associate Partner with Intellectus Partners. She oversees all client service and operational functions for the team. Organized, diligent, and responsive, Tina is a central hub for client needs and inquiries. Her responsibilities include oversight of all administrative functions and operations. Prior to joining Intellectus, Tina worked for five years with David LaPlaca and Jay Casey at Deutsche Asset & Wealth Management as lead sales assistant primarily focused on our Venture & Administrative Services initiatives. Previously, she was a Sales Associate at Thomas Weisel in its Venture Capital Group. Her experience also includes a tenure with Matrix Asset Management Group as a Branch Marketing Associate. Tina earned her B.S. in Finance and International Business Marketing from San Francisco State University.
Kelly Morton is Vice President of Client Planning and an Associate Partner with Intellectus Partners. She applies her quantitative skills and analytical insights to help clients pursue a range of financial goals. She holds a number of responsibilities within the team related to financial planning, modeling financial returns and cash-flows, reviewing client portfolios, implementing asset allocation, interfacing with our Trust & Estate processes, designing customized reports, assessing investment opportunities and answering client inquiries. Prior to joining Intellectus, Kelly was an Analyst with David La Placa and Jay Casey at Deutsche Asset & Wealth Management, where she spent five years. Previously, she worked at leading international law firms in San Diego, where she provided paralegal support to patent and intellectual property litigation attorneys. Kelly earned her B.A. in Political Science, Legal Studies, and a Paralegal Certificate from California State University in Chico and an M.A. in Business Communications from Schiller University in London.
Jeff Saccacio brings over 40 years of experience to the independent investment and wealth advisory firm Intellectus Partners LLC, as its Head of Wealth Planning and Family Office Services.
Recently retired from PricewaterhouseCoopers LLP, he served as Partner-in-Charge of its Southwest Region Personal Financial Services (PFS) practice, as well as having served as the tax practice leader for its Southern California private client services practice.
Jeff returned to PricewaterhouseCoopers LLP from the financial services industry where he served as Managing Director and Head of Wealth Planning for Deutsche Bank Private Wealth Management for the Western United States. Before joining Deutsche Bank, he served as a Managing Director and Senior Wealth Strategist providing services for The Citigroup Private Bank and Trust Company for the West Coast, Pacific Northwest and Manhattan offices.
Jeff specializes in planning for high-net worth individuals, entrepreneurs, and closely held businesses, and he has extensive experience in estate and trust planning. His unique experience in both the tax and financial services industries allows him to synergistically work with clients, their advisors and family office personal to develop and implement high value investment and wealth planning solutions.
Jeff is widely published and quoted in financial journals such as Fortune, Bloomberg Wealth Manager, Financial Planning Magazine, Investment Advisor, and Benefits & Compensation Solutions. He has spoken before various professional societies, bar associations, and civic groups, speaking before the AICPA Conference on Strategies for High Net Worth Individuals, AICPA Advanced Estate Planning Conference and University of Miami Philip E. Heckerling Institute on Estate Planning. Included among the topics he has written or spoke upon are:
• “Blind Spots: How to Sell a Business”
“Planning for New Economy Entrepreneurs” • “Business Succession Planning”
• “Creating and Preserving Wealth with Stock Options”
• “Planning Issues and Opportunities Confronting Corporate Executives”
• “Planning Issues and Opportunities Impacting Entrepreneurs and Business Owners”
• “Preserving Wealth with Stock Options and Executive Compensation Planning”
• “Using Trusts to Help Your Clients Implement Their Legacy”
• “ Integrating Philanthropy Into Your Client’s Wealth Plan Using a Private Foundation”
He hosted a popular financial and tax planning radio show, “Talkin’ $ with Jeff Saccacio,” for over 8 years in Los Angeles, has served as a financial expert and consultant for various print and electronic media, and has been named one of the “Best Financial Advisors” in the country by Worth Magazine for 10 years. Jeff is a member of the American Institute of Certified Public Accountants and earned from this institute his Personal Financial Specialist (PFS) designation. He holds a BBA in accounting from the University of Notre Dame and a Chartered Financial Consultant (ChFC) designation from the American College. He is a member of The Society of Trust and Estate Practitioners – USA which has granted him its Trust and Estate Practitioner (TEP) designation.
He holds a third degree black belt in American Tae Kwon Do. Jeff is a past President and member of the Board of the Alzheimer’s Association of Orange County, where he served for over 10 years. He is also a former member of the Board of Trustees of the Orange County Museum of Art.
Timothy (Tim) Ng is the Head of Intellectus Private Markets and the Group Head of Entrepreneurial & Corporate Advisory. Tim leads our practice which provides advisory services to entrepreneurs and works with the management teams of our client companies and portfolio of investments. With a unique background that spans investment banking, strategy, operations and venture investing, Tim works with our entrepreneurs on all aspects of their company life-cycle while accessing, building and maintaining our vast partner network.
Prior to joining Intellectus, he was a strategic advisor to various venture and PE-backed growth companies, serving as interim CFO or Chief Strategist for various entities including Palma Ceia SemiDesign, a WiFi IoT semiconductor start-up, where he was also Co-Founder. Prior to that, Tim was Operating Partner at Presidio Partners, a San Francisco based Venture Fund, where he focused on late stage financing and "exit" strategies for select Presidio portfolio companies, including Jobvite (acquired by K1 Investment Management), Mojo Networks (acquired by Arista Networks), Odyssey Technology & Logistics (acquired by the Jordan Co.) and SurgiQuest (acquired by ConMed post S-1 registration). Tim also served as strategic advisor to the CEO and Board of private jet operator XOJET (controlled by TPG Growth), and geothermal energy driller Thermasource (Rustic Canyon & Riverstone Holdings). Tim also served 7 years as a Board Member and Head of the Compensation Committee on the Board of NASDAQ-listed Magma Design Automation, which was acquired in 2010.
Prior to forming his own strategic consultancy, Tim spent 24 years as an investment banker serving as Managing Director of Technology Mergers & Acquisitions at Deutsche Bank, Cowen & Co., and Credit Suisse Technology Group in San Francisco and Palo Alto, and began his career at the First Boston Corporation and Morgan Stanley in New York. Tim has completed over 90 M&A transactions and debt & equity financings with aggregate value over $100 billion.
Tim has a B.S. in Business Administration from University of California at Berkeley and also serves on the Board of Directors of the Hiller Aviation Museum (a STEM Educational Institution) in San Carlos, CA.
Alice Wu is Head of Asia Pacific Region, Wealth Creation & Preservation for Intellectus Partners. Prior to joining Intellectus Partners, she was a Managing Director and President of Asia Region with Robertson Stephens. Prior to that, Alice was a Vice President with Credit Suisse Securities (USA) LLC in San Francisco. She advised wealthy Chinese individuals and families in the United States as well as provided institutional-level customized financial solutions to her clients in Asia. Before Credit Suisse, Alice was with Morgan Stanley Private Wealth Management in San Francisco. Alice has earned two master’s degrees, one in Business Administration from New York University and another in Public Health from Boston University. Her Bachelor of Science is from National Taiwan University. In addition to her career in financial services, Alice was an Associate Director at The Asia Foundation advising trustees and donors on their philanthropic activities in Asia. Before receiving her MBA degree, Alice had a career in public health working at Massachusetts General Hospital, where she conducted bio-statistical analyses and co-authored research articles in medical journals. Alice 是 Intellectus Partners 集团的亚洲区总裁。 在加入 Intellectus Partners 之前，Alice 在 Robertson Stephens 担任董事总经理以及亚洲区总裁，也在瑞士信贷证券（美国）有限公司担任副总裁，负责为在美国的高净值家庭提供投资建议并为在亚洲的客户提供机构级的投资方案。 在加入瑞士信贷之前，她任职于三藩市的摩根士丹利私人财务管理公司。 Alice 持有双硕士学位, 即纽约大学史腾 Stern 工商管理硕士学位、波士顿大学公共卫生硕士学位。 她还获得国立台湾大学的学士学位。 在金融服务领域之外, Alice 还曾在亚洲基金会担任副总监, 负责为基金会的董事及慈善家们提供在亚洲开展慈善活动的建议。 在获得工商管理硕士学位之前, Alice 曾从事生物统计分析的工作, 她在麻省总医院从事医学研究, 与他人合着的文章亦见刊于医学杂志。
- Lifecycle advisory
- Entrepreneurial advisory
- Liquidity management
- Financial strategies
- Wealth creation, planning and management
- Investment management
- Investment strategy
- Hedge fund diligence/resourcing
- Financial planning & reporting
- Open-sourced and risk-adjusted venture
- Venture administrative services
Entrepreneur Network & Deal Flow
- Access to Serial Entrepreneurs
- Launch Visibility
- Founder Liquidity Program
- Advisory Access
- BOD & Management placement
- M&A Escrow Services
- Research & Trading
- Hedging & Risk Management
- Management Advisory
- Corporate Services
- Pre IPO & M/A Advisory
- Founder Services
Our emphasis on our clients’ Lifecycle is very much aligned with each client’s passion. Sometimes that passion is building a business, often it is his or her family, but increasingly our clients also want to learn how give. For this reason, we focus on what clients will do in the future as opposed to what they have done in the past. We offer the following philanthropic services:
- Investing for an impact
- Managing the giving process
- Optimizing the flow of capital to causes
- Selecting proper charities and causes
- Building a legacy
+Dynasty Financial Partners
SEC Form CRS
Our firm, Intellectus Partners, LLC, is registered as an investment adviser with the U.S. Securities and Exchange Commission. Brokerage and investment advisory services and fees differ and it is important for you to understand these differences. Free and simple tools are available to research firms and financial professionals at Investor.gov/CRS, which also provides educational materials about broker-dealers, investment advisers, and investing.
Relationships and Services
|What investment services and advice can you provide me?|
|Services: We offer investment advisory services to retail investors. These services include wealth management which is a combination of financial planning and investment management. We may also offer investment consulting as a stand-alone service. We work closely with you to identify your investment goals and objectives, as well as risk tolerance and financial situation in order to develop an investment approach.|
|Accounts, Investments, and Monitoring: We provide services to individual, joint, retirement, trust and estate accounts. We primarily use mutual funds, exchange-traded funds, stocks, bonds, independent managers, and alternative investments in constructing portfolios. We do not make available or offer advice with respect to only proprietary products or a limited menu of products or types of investments. As part of our services, we monitor portfolios and securities in accounts on a regular and continuous basis. We also meet with you at least annually, or more frequently, depending on your needs.|
|Investment Authority: We provide our services on a perpetual and discretionary basis. We execute investment recommendations in accordance with your investment objectives without your prior approval of each specific transaction. Our engagement will continue until you notify us otherwise in writing. We also offer our services on a non-discretionary basis, which means we are required to obtain your consent prior to executing any trades in your accounts. Therefore, in non-discretionary accounts you will make the ultimate decision regarding the purchase or sale of investments. However, we may not be able to aggregate orders in non-discretionary accounts with other client orders, which means that non-discretionary accounts may not receive the same price as other clients.|
|Account Minimums & Other Requirements: We generally require a minimum relationship size of $5,000,000 in order to effectively implement our investment process. This amount may be waived or reduced at our sole discretion.|
|Additional Information: For more detailed information on our relationships and services, please see Item 4 – Advisory Services, Item 13 – Review of Accounts and Item 7 – Types of Clients of our Form ADV Part 2Aavailable via our firm’s Investment Adviser Public Disclosure Page.|
|Conversation Starters: Given my financial situation, should I choose an investment advisory service? Why or why not? How will you choose investments to recommend to me? What is your relevant experience, including your licenses, education and other qualifications? What do these qualifications mean?|
Fees, Costs, Conflicts, and Standard of Conduct
|What fees will I pay?|
|Asset-Based Fees: Our asset-based fees for wealth management range from 0.50% to 2.00% annually. This fee is collected on a quarterly basis and calculated as a percentage of the value of the cash and investments in your account[s] that we manage. This presents a conflict of interest as we are financially incentivized to encourage you to place more assets in your advisory account as you will pay more in advisory fees.|
|Fixed Fees: Our fixed project-based fees for investment consulting services fees range between $5,000 to $100,000. We collect fees in two separate installments. Fixed fees are negotiable based on the nature and complexity of the services to be provided and the overall relationship with us. We provide you with an estimate of the total cost prior to engaging us for these services.|
|Performance-Based Fees: For certain engagements, we also charge a performance-based fee on the assets that we manage which are fees based on any gains within your accounts. Our performance-based fee is up to 25% of any gains (both realized and unrealized) in a client’s account[s] for the year. This presents a conflict of interest, as we are financially incentivized to make investments that are riskier or more speculative than might otherwise be the case in the absence of such an arrangement.|
|Other Fees & Costs: In addition to our advisory fee, you will also be responsible for third-party manager and/or platform fees, custody fees, account administrative fees, fees and expenses related to mutual funds and exchange-traded funds and applicable securities transaction fees.|
|Additional Information: You will pay fees and costs whether you make or lose money on your investments. Fees and costs will reduce any amount of money you make on your investments over time. Please make sure you understand what fees and costs you are paying. For more detailed information on our fees, please see Item 5 – Fees and Compensation of our Form ADV Part 2Aavailable via our firm’s Investment Adviser Public Disclosure Page.|
|Conversation Starters: Help me understand how these fees and costs might affect my investments. If I give you $5,000,000 to invest, how much will go to fees and costs, and how much will be invested for me?|
|What are your legal obligations to me when acting as my investment adviser? How else does your firm make money and what conflicts of interest do you have?|
|When we act as your investment adviser, we have to act in your best interest and not put our interests ahead of yours. At the same time, the way we make money creates some conflicts with your interests. You should understand and ask us about these conflicts because they can affect the investment advice we provide you. Here is an example to help you understand what this means.|
We have an incentive to advise you to invest in certain investments, such as Series Funds of Intellectus Ventures, LLC (the “Company”), which invests into private opportunities, where the firm serves as the Managing Member of the Company and benefits from the asset-based and profit-based fees it earns on those investments.
|Additional Information: For more detailed information, please see Item 10 – Financial Industry Activities and Affiliations, Item 12 – Brokerage Practices and Item 14 – Client Referrals and Other Compensation of our Form ADV Part 2Aavailable via our firm’s Investment Adviser Public Disclosure Page.|
|Conversation Starters: How might your conflicts of interest affect me, and how will you address them?|
|How do your financial professionals make money?|
|Our financial professionals are compensated based on an agreed-upon annual salary. Additionally, certain financial professionals receive additional cash compensation based on the revenue generated from the accounts managed, as well as our general profitability. This means that these financial professionals have an incentive to increase the asset size in the relationship or solicit new business, taking time away from the day-to-day servicing of existing clients.|
|Do you or your financial professionals have legal or disciplinary history?|
|Yes. You can visit Investor.gov/CRS for a free and simple search tool to research our firm and our financial professionals.|
|Conversation Starters:As a financial professional, do you have any disciplinary history? For what type of conduct?|
You can find additional information about our investment advisory services by viewing our Form ADV Part 2Aavailable via our firm’s Investment Adviser Public Disclosure Page or by visiting http://www.intellectuspartners.com/. You can request up to date information and a copy of our client relationship summary by contacting us at (415) 795-7830.
|Conversation Starters:Who is my primary contact person? Is he or she a representative of an investment advisor or a broker-dealer? Who can I talk to if I have concerns about how this person is treating me?|
New Head of Wealth Planning & family Office Services
Intellectus is proud to announce a significant expansion of our leadership team and client advisory capabilities with the appointment of Jeff Saccacio CPA, PFS, ChFC, TEP as the Intellectus Head of Wealth Planning and Family Office Services
Timothy Ng named Head of Private Markets, Group Head of Entrepreneurial & Corporate Advisory
"We are incredibly excited to have Tim join Intellectus in this important Leadership role." says David J La Placa, Founder & CEO.
Tims more than 25 years of leadership roles at the likes of Morgan Stanley, Credit Suisse, Alex Brown & Presidio Partners Venture Group brings immense experience and expertise to our client service toolkit. His unique abilities will further extend our industry lead in serving innovative client needs.
Intellectus Approaching Wealth Industry from position of strength
Innovative Wealth Advisory firm finding top talent eager to be part of new disruptive model.
CityWire selects Intellectus
Intellectus Partners selected by Citywire USA in their inaugural "Future 50" Wealth Management firms in the United States.
Intellectus hires President from Robertson Stephens for Asia Pacific Region
Alice Wu has been named head of Asia Pacific Region, Wealth Creation & Preservation at Intellectus Partners.