Tph Asset Management LLC (Houston)

Name: Tph Asset Management LLC
Address: 1111 Bagby Street, Houston, TX, 77002
Telephone: 713-337-3999 / 713-333-7107

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

Name	Entity	Date acquired	Ownership	Employer ID
Pickering Holt & Co Llc Tudor	Direct owner	1 Apr 2008	75% - 100%	32-0193581
Robert Beall Tudor	Chairman of the board; elected manager	1 Apr 2008	Other	1736832
Daniel Ray Pickering	Head of asset management; chief investment officer; elected manager	1 Apr 2008	Other	2832592
Alexandra Garbers Pruner	Elected manager	1 May 2008	Other	5307004
Edward Rudolph Balsmann	Chief compliance officer	1 Aug 2010	Other	2601042
Robert Maynard Holt	Elected manager	1 Aug 2010	Other	1979093
Walker Nelson Moody	Elected manager	1 Aug 2010	Other	5007440
Marc J Ortiz	Director of operations	1 Aug 2010	Other	5380719
Lawrence William Green	Executive vice president	1 Aug 2010	Other	4363492
Jill Melissa Stamets	Director of finance	1 Aug 2010	Other	5794669
George Millsaps Mccormick	Elected manager	1 Dec 2012	Other	2935215
Alexandra K Gottschalk	Controller - tph & co., llc	1 Dec 2014	Other	5864478
Perella Weinberg Partners Group Lp	Direct owner	1 Nov 2016	75% - 100%	20-5466924
Daniel Ray Pickering	President & chief investment officer and authorized person	1 Dec 2016	Other	2832592
Alexandra Garbers Pruner	Chief financial officer and authorized person	1 Dec 2016	Other	5307004
Walker Nelson Moody	Authorized person	1 Dec 2016	Other	5007440
Tarek Fahmy Abdel Meguid	Co-head of asset management and authorized person	1 Dec 2016	Other	1731116
Aaron Frederick Hood	Co-head of asset management and authorized person	1 Dec 2016	Other	4427690
Vladimir Shendelman	General counsel and authorized person	1 Dec 2016	Other	6370758
Yunqi Ni	Chief operating officer and authorized person	1 Dec 2016	Other	6655935
Andrew Neal Siegel	Chief compliance officer	1 Dec 2016	Other	4226449
Mark Andrew Polemeni Esq	Chief compliance officer and authorized person	1 Dec 2017	Other	5070584

Indirect Owners

The SEC currently registers 9 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Pwp Group Gp Llc	General partner	1 Oct 2006	Other	20-5464497
Robert Beall Tudor	Member; elected manager	1 Dec 2006	75% - 100%	1736832
Llc Tudor Capital Partners	Member	1 Feb 2007	25% - 50%	36-4601758
Daniel Ray Pickering	Member; elected manager	1 Aug 2007	Other	2832592
Alexandra Garbers Pruner	Member; elected manager	1 Aug 2007	Other	5307004
Robert Maynard Holt	Member; elected manager	1 Dec 2007	Other	1979093
Perella Weinberg Partners Llc	General partner	1 Sep 2016	Other	20-2943035
Pwp Holdings Lp	Limited partner	1 Sep 2016	75% - 100%	30-0949091
Pwp Professional Partners Lp	Limited partner	1 Sep 2016	75% - 100%	37-1834151

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.