Tph Asset Management LLC (Houston)

Tph Asset Management LLC is a large advisory firm based in Houston. It manages $2.2 billion of regulatory assets for 23 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of New York and Texas.

Tph Asset Management provides portfolio management for investment companies, 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.

Tph Asset Management: assets under management

The assets under management (AUM) of Tph Asset Management LLC is $2.2 billion. The firm's AUM has grown by 3186% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.97 billion in discretionary accounts and $233.24 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $93.59 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $116.62 million.

Investments

The firm invests in exchange traded securities the most. They account for 97% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 2% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tph Asset Management LLC for their services and products based on a percentage of assets under management, fixed fees, 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.

Careers at Tph Asset Management LLC

The company employs 12 people that are either part- or full-time employees. 58 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.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 9 indirect owners.

Based in Houston

The principal office where Tph Asset Management LLC performs its advisory services is located at 1111 Bagby Street, Houston, TX 77002, 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 713-337-3999 / 713-333-7107 or by fax 713-337-4704 / 713-337-5354. The normal business hours are 8:00 a.m to 5:00 p.m on Monday - Friday. You can find more information about the New York firm at tphpartners.com.

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