Aec Holdings, L.P. (Houston)

Aec Holdings, L.P. is a large advisory firm based in Houston. It manages $108.74 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of New York and Texas.

Aec Holdings 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.

Aec Holdings: assets under management

The assets under management (AUM) of Aec Holdings, L.P. is $108.74 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1% since the beginning of its operation, and $3.49 million of the total AUM is attributable to clients outside of the United States.

The firm manages $108.74 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $54.37 million each.

Aec Holdings has custody of $108.74 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Aec Holdings, L.P. 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.

What kind of clients Aec Holdings serves?

The only and largest group of clients of Aec Holdings is pooled investment vehicles with 2 clients and $108.74 million of assets under management. Among the 12 most similar advisory firms, Aec Holdings has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $108.74 million for 2 clients. 50% of the firm’s clients are foreign persons or businesses.

Aec Holdings also advises several private funds. Namely, two private equity funds. The minimum investment commitment required of non-related persons ranges from $75,000 to $100,000.

Careers at Aec Holdings, L.P.

The company employs 7 people that are either part- or full-time employees. 86 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
Steven Alan Webster	Limited partner, managing partner and chief executive officer of aec holdings, l.p.	1 May 2017	75% - 100%	4149406
Llc Aec Holdings Gp	Senior managing member and general partner of aec holdings, l.p.	1 May 2017	Other	[to come]
Jeffrey Phillip Gunst	Limited partner, aec holdings, l.p.	1 May 2017	Other	3272346
Trevor Martin Turbidy	Limited partner, aec holdings, l.p.	1 May 2017	Other	1857659
Gregory Francis Evans	Chief compliance officer and limited partner, aec holdings, l.p.	1 May 2017	Other	6637736

Based in Houston

The principal office where Aec Holdings, L.P. performs its advisory services is located at 3200 Southwest Fwy, Houston, TX 77027 7538, 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 713-328-1099 or by fax 713-328-1097. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday.