Owner Resource Group, LLC (Austin)


Owner Resource Group, LLC is a large advisory firm based in Austin. It manages $543.92 million of regulatory assets for 18 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of Texas.

Owner Resource Group 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.

Owner Resource Group: assets under management

The assets under management (AUM) of Owner Resource Group, LLC is $543.92 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 191% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $543.92 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $30.22 million each.
Owner Resource Group has custody of $543.92 million in cash and securities for 18 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Owner Resource Group, 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 Owner Resource Group serves?

The only and largest group of clients of Owner Resource Group is pooled investment vehicles with 18 clients and $543.92 million of assets under management. Among the 13 most similar advisory firms, Owner Resource Group has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $543.92 million for 18 clients. None of the firm’s clients are foreign persons or businesses.

Owner Resource Group also advises several private funds. Namely, seventeen private equity funds. The minimum investment commitment required of non-related persons ranges from $13,187 to $5,000,000.

Careers at Owner Resource Group, LLC

The company employs 12 people that are either part- or full-time employees. 67 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
Johnathan David Gormin Member / manager 1 Jan 2008 25% - 50% 6077278
William Freeman Burnett Member / manager / chief compliance officer 1 Jan 2008 Other 6077283
Lee Walker Living Trust Dated 3/19/04 Member / manager 1 Jan 2008 25% - 50% xxx-xx-xxxx
Lp Prime Ii Investments Member 1 Mar 2010 Other 74-2896345
Lp Green Investment Partners Member 1 Nov 2010 Other 27-4119443
Brad Develin Esson Member / manager 1 Jun 2015 Other 6029409

Indirect Owners

The SEC currently registers 8 indirect owners.

Name Entity Date acquired Ownership Employer ID
Robert William Hughes Trustee 1 Oct 1995 25% - 50% 6077747
Llc Diamond Ventures General partner 1 Jun 2000 Other 74-2960523
Lp Pmg Ventures Limited partner 1 Jun 2000 50% - 75% 74-2960525
Gregory Scott Marchbanks Member / manager 1 Jun 2000 25% - 50% 6077731
Robert W And M Gail Hughes Living Trust Dated 10/10/95 Member 1 Jun 2000 25% - 50% xxx-xx-xxxx
Lee Brandon Walker Trustee 1 Mar 2004 Other 2902276
John Markham Green Limited partner 1 Nov 2010 50% - 75% 228515
Craig S Hughes Trustee 1 Sep 2012 25% - 50% 6926193

Based in Austin

The principal office where Owner Resource Group, LLC performs its advisory services is located at 221 W. 6 Th Street, Austin, TX 78701, 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 512-505-4180 or by fax 512-476-4869. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at orgroup.com.