Greenwood Resources Capital Management LLC (Portland)


Greenwood Resources Capital Management LLC is a large advisory firm based in Portland. It manages $1.78 billion of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Oregon.

Greenwood Resources Capital Management provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Greenwood Resources Capital Management: assets under management

The assets under management (AUM) of Greenwood Resources Capital Management LLC is $1.78 billion. The firm's AUM has grown by 415% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $41 million in discretionary accounts and $1.74 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $41 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $433.75 million.
Greenwood Resources Capital Management has custody of $12 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Greenwood Resources Capital Management LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Jeffery Lee Nuss serves?

The only and largest group of clients of Jeffery Lee Nuss is pooled investment vehicles with 4 clients and $1.75 billion of assets under management. Among the 9 most similar advisory firms, Greenwood Resources Capital Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.75 billion for 4 clients. None of the firm’s clients are foreign persons or businesses.

Greenwood Resources Capital Management also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Greenwood Resources Capital Management LLC

The company employs 51 people that are either part- or full-time employees. 18 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Jeffery Lee Nuss has been acting as President since 1 Sep 2009. Clark Shepard Binkley has served as the Chief Investment Officer since 1 Jul 2012. David Mccartney Miller joined the executive team most recently as the Managing Director, Head Of Portfolio Management And Investment Reporting.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Inc. Greenwood Resources Parent company 1 Sep 2009 75% - 100% 80-0026976
Jeffery Lee Nuss President 1 Sep 2009 Other 5954887
Lincoln Travis Bach Chief compliance officer 1 Sep 2009 Other 6031939
Lincoln Travis Bach Chief financial officer 1 Jul 2012 Other 6031939
Beaver Investment Holding Llc Direct owner 1 Jul 2012 75% - 100% 45-5558395
Clark Shepard Binkley Chief investment officer 1 Jul 2012 Other 4688501
Thomas Emil Grenville Chief compliance officer 1 Dec 2012 Other 2737719
David Mccartney Miller Managing director, head of portfolio management and investment reporting 1 Jul 2017 Other 6862126
Marvin Raymond Risco Managing director, head of investments and operations 1 Jul 2017 Other 6862148

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
Jeffery Lee Nuss Owner 1 Jan 2002 25% - 50% 5954887
Teachers Insurance And Annuity Association Of America Member 1 Jul 2012 75% - 100% 13-1624203
Beaver Investment Holdings Llc Shareholder 1 Jul 2012 75% - 100% 45-5558395
Beaver Investment Holding Llcgreenwood Shareholder 1 Jul 2012 75% - 100% 45-5558395

Based in Portland

The principal office where Greenwood Resources Capital Management LLC performs its advisory services is located at 1500 Sw First Avenue, Portland, OR 97201, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (971) 533-7065 or by fax (503) 478-0751. The normal business hours are 8 am to 5 pm on Monday - Friday. You can find more information about the New York firm at greenwoodresources.com.