V3 Limited LLC (Radnor)

Name: V3 Limited LLC
Address: 150 North Radnor Chester Road, Radnor, PA, 19087
Telephone: 610-989-7200

V3 Limited LLC is a large advisory firm based in Radnor. It manages $222.66 million of regulatory assets for 155 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Florida, New Jersey, and Pennsylvania.

V3 Limited provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, selection of other advisers, and due diligence services related to existing and prospective private investments. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

V3 Limited: assets under management

The assets under management (AUM) of V3 Limited LLC is $222.66 million. The firm's AUM has grown by 32% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $6.43 million in discretionary accounts and $216.23 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $53.58 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $6.18 million.

V3 Limited has custody of $2.92 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 58% of the total AUM. The second-largest asset type is investment and business development companies, which make up 16% of the firm’s portfolio. Investments in exchange traded securities form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay V3 Limited 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.

What kind of clients V3 Limited serves?

The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of V3 Limited is high net worth individuals with 45 clients and $212.54 million of assets under management. Among the 11 most similar advisory firms, V3 Limited has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $215.46 million for 46 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

V3 Limited also advises several private funds. Namely, one private equity fund. The minimum investment commitment required of non-related persons is $500,000 for each fund.

Careers at V3 Limited LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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

Name	Entity	Date acquired	Ownership	Employer ID
Timothy Firestone Wray	Principal	1 Nov 2013	50% - 75%	2072267
Todd Andrew Kellerman	Principal and chief compliance officer	1 Nov 2013	50% - 75%	5719257
Tim Firestone Wray	Principal	1 Nov 2013	50% - 75%	2072267
Todd A. Kellerman	Principal and chief compliance officer	1 Nov 2013	50% - 75%	5719257

Based in Radnor

The principal office where V3 Limited LLC performs its advisory services is located at 150 North Radnor Chester Road, Radnor, PA 19087, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 610-989-7200 or by fax 610-546-1441. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at v3-limited.com.