Wayzata Investment Partners LLC is a large advisory firm based in Plymouth. It manages $1.15 billion of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Massachusetts and Minnesota.
Wayzata Investment Partners provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Wayzata Investment Partners LLC is $1.15 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -23% since the beginning of its operation, and $62.26 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Wayzata Investment Partners LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Wayzata Investment Partners is pooled investment vehicles with 6 clients and $1.15 billion of assets under management. Among the 7 most similar advisory firms, Wayzata Investment Partners has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $1.15 billion for 6 clients. 50% of the firm’s clients are foreign persons or businesses.
Wayzata Investment Partners also advises several private funds. Namely, six hedge funds. The minimum investment commitment required of non-related persons is $10,000,000 for each fund.
The company employs 7 people that are either part- or full-time employees. 71 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.
The principal office where Wayzata Investment Partners LLC performs its advisory services is located at One Carlson Parkway North, Plymouth, MN 55447, 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 952-345-0700. The normal business hours are 8:00 am - 5:00 pm central standard time on Monday - Friday. You can find more information about the New York firm at wayzatainvestmentpartners.com.