Robert P Silvers
Under Secretary
Observations
- Millionaire
- Lobbyist
Estimated Net Worth
- $17.4 M - $59.2 M
Salary
- Unknown
Employment
- Started 08/10/2021
Financial Disclosure Details - OGE Form 278e (06/20/2022)
Positions Held Outside United States Government
# | Organization | City | Position | To |
|---|---|---|---|---|
1 | Los Angeles, California | Partner | 8/2021 | |
2 | New York, New York | Advisory Board Member | 8/2021 | |
3 | Chicago, Illinois | Member, Board of Directors | 8/2021 | |
4 | New York, New York | Adjunct Professor | 8/2021 | |
5 | Newark, Delaware | Investment/Distri bution Manager and Trustee | 8/2021 | |
6 | New York, New York | Trustee | 8/2021 | |
7 | Washington, District of Columbia | Volunteer | 2/2021 |
Employment Assets & Income and Retirement Accounts
# | Description | Value | Income Type | Income Amount |
|---|---|---|---|---|
1 | IRA 1 - Traditional | |||
1.1 | iShares MSCI Emerging Markets ETF | $1,001 - $15,000 | None (or less than $201) | |
1.2 | Vanguard Cash Reserves Federal Money Market Fund (VMMXX) | $1,001 - $15,000 | None (or less than $201) | |
2 | IRA 2 - Roth | |||
2.1 | Vanguard Total Stock Market ETF (VTI) | $1,001 - $15,000 | None (or less than $201) | |
2.2 | iShares Russell 2000 ETF (IWM) | $1,001 - $15,000 | None (or less than $201) | |
3 | Paul Hastings LLP (law firm) | Partnership Share/Income | $1,990,578 | |
4 | Paul Hastings LLP capital account | $250,001 - $500,000 | None (or less than $201) | |
5 | CLEAR | Advisory Board Fees | $18,750 | |
6 | New York University | Salary | $10,000 |
Employment Agreements and Arrangements
# | Employer Or Party | City | Status And Terms | Date |
|---|---|---|---|---|
1 | Los Angeles, California | I will continue to participate in this defined contribution plan, but the plan sponsor no longer makes contributions. | 11/2007 | |
2 | Los Angeles, California | I will continue to participate in this defined contribution plan. The plan sponsor will not make further contributions after my separation. | 4/2017 | |
3 | Los Angeles, California | Pursuant to contract and law firm policy, I will receive a lump sum payment of my cash balance pension plan in May of the fiscal year following my separation (2023). | 1/2021 | |
4 | Los Angeles, California | Pursuant to contract and law firm policy, I received a lump sum payment of my capital account at the time of separation and prior to assuming the duties of the position, less the estimate for any tax payments/tax reconciliation that may be owed. | 1/2021 | |
5 | Los Angeles, California | I received a fixed rate of compensation based on services I rendered for the firm's fiscal year 2022. Amounts owed to me for my fiscal year 2022 services were calculated at the time of my separation and paid prior to assuming the duties of the position. | 1/2021 | |
6 | Los Angeles, California | Pursuant to my employment agreement, I received a performance-based bonus for services rendered in the fiscal year ending January 31, 2021. This bonus was paid prior to my assuming the duties of the position of Under Secretary. | 1/2021 |
Sources of Compensation Exceeding $5,000 in a Year
# | Source | City | Duties |
|---|---|---|---|
Nothing reported in this section | |||
Spouse's Employment Assets & Income and Retirement Accounts
# | Description | Value | Type | Amount |
|---|---|---|---|---|
1 | IRA 3 - Roth | |||
1.1 | Fidelity Freedom 2030 Fund (FFFEX) | $15,001 - $50,000 | None (or less than $201) | |
1.2 | Fidelity Freedom 2040 Fund (FFFFX) | $1,001 - $15,000 | None (or less than $201) | |
1.3 | iShares Russell 2000 ETF (IWM) | $1,001 - $15,000 | None (or less than $201) | |
1.4 | Columbia Acorn International Class A Shares (LAIAX) | $1,001 - $15,000 | None (or less than $201) | |
2 | O'Melveny & Myers (defined contribution plan) | |||
2.1 | Fidelity Managed Income Portfolio II Class 1 | $1,001 - $15,000 | None (or less than $201) | |
2.2 | Dodge & Cox Stock Fund (DODGX) | $1,001 - $15,000 | None (or less than $201) | |
2.3 | Fidelity Diversified International Fund Class K Shares (FDIKX) | $50,001 - $100,000 | None (or less than $201) | |
2.4 | Fidelity Low-Priced Stock Fund Class K Shares (FLPKX) | $15,001 - $50,000 | None (or less than $201) |
Other Assets and Income
# | Description | Value | Type | Amount |
|---|---|---|---|---|
1 | US bank 1 - Joint Checking account (cash) | $250,001 - $500,000 | None (or less than $201) | |
2 | US bank 1 - Checking account (cash) | $1,001 - $15,000 | None (or less than $201) | |
3 | US bank 1 - Checking account (cash) | $100,001 - $250,000 | None (or less than $201) | |
4 | US bank 2 - Checking account (cash) | $100,001 - $250,000 | None (or less than $201) | |
5 | US bank 2 - Preferred Money Market Account (cash) | $1,001 - $15,000 | None (or less than $201) | |
6 | US bank 2 - Savings Plus Account (cash) | $15,001 - $50,000 | None (or less than $201) | |
7 | US bank 3 - Certificate of Deposit Account | $100,001 - $250,000 | Interest | $2,501 - $5,000 |
8 | US bank 3 - Savings Account (cash) | $50,001 - $100,000 | Interest | $201 - $1,000 |
9 | GoodDog Stock (pet consultation services) | $1,001 - $15,000 | None (or less than $201) | |
10 | US bank 3 - Certificates of Deposit | $15,001 - $50,000 | Interest | $201 - $1,000 |
Transactions
# | Description | Type | Date | Amount |
|---|---|---|---|---|
1 | The Charles Schwab Corp. (SCHW) | Sale | 08/16/2021 | $1,001 - $15,000 |
2 | PICO Holdings, Inc. (PICO) (a/k/a Vidler Water Resources) | Sale | 08/16/2021 | $1,001 - $15,000 |
3 | Invesco India ETF (PIN) | Sale | 08/16/2021 | $15,001 - $50,000 |
4 | Amazon.com, Inc. (AMZN) | Sale | 08/11/2021 | $1,001 - $15,000 |
5 | MLCP GLL Funding LLC | Sale | 08/16/2021 | $15,001 - $50,000 |
6 | Invesco Water Resources ETF (PHO) | Sale | 10/04/2021 | $15,001 - $50,000 |
7 | Yum China Holdings (YUMC) | Sale | 10/04/2021 | $1,001 - $15,000 |
8 | Stanley Black & Decker, Inc. (SWK) | Sale | 10/04/2021 | $50,001 - $100,000 |
9 | Invesco Exchange Global Water ETF (PIO) | Sale | 10/04/2021 | $15,001 - $50,000 |
10 | Procter & Gamble Co. (PG) | Sale | 10/04/2021 | $1,001 - $15,000 |
Liabilities
# | Creditor | Amount | Incurred | Term |
|---|---|---|---|---|
Nothing reported in this section | ||||
Gifts and Travel Reimbursements
# | Source Name | City | Description | Value |
|---|---|---|---|---|
Nothing reported in this section | ||||
Endnotes
Section | # | Description |
|---|---|---|
2 | 4 | Capital account refunded in full, less the estimate for any tax payments/tax reconciliation that may be owed, prior to assumption of the duties of Under Secretary. |
6 | 12 | Interest in a portfolio of NYC residential properties. |
6 | 13 | Interest in commercial net leased property, San Bernadino, CA. |
6 | 14 | Remainder interest in ground lease of commercial real estate property, New York, NY. |
6 | 15 | Interest in net lease of commercial real estate properties consisting of multiple restaurant properties across MA, RI and NH. |
6 | 16.1.1 | Residential real estate in New York, NY; Redmond, WA, Seattle, WA, Los Angeles, CA and Miami, FL. |
6 | 17.2 | Real Property in Suffolk County, New York |
6 | 20.1 | This owns interests in a portfolio of net ground leases of commercial properties |
6 | 22.1 | Real property in Suffolk County, New York |
6 | 22.2 | Portfolio of interests in commercial net lease real estate assets |
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