Waveland Resources, LLC is a large advisory firm based in Irvine. It manages $203.1 million of regulatory assets for 3,085 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California and Delaware.
Waveland Resources 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 Waveland Resources, LLC is $203.1 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 18% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Waveland Resources, LLC for their services and products based on a percentage of assets under management and fixed 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.
The only and largest group of clients of Waveland Resources is pooled investment vehicles with 3,085 clients and $203.1 million of assets under management. Among the 6 most similar advisory firms, Waveland Resources has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $203.1 million for 3,085 clients. None of the firm’s clients are foreign persons or businesses.
Waveland Resources doesn't advise any private funds.
The company employs 3 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. 3 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 compensates 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 Waveland Resources, LLC performs its advisory services is located at 19800 Macarthur Blvd., Irvine, CA 92612, 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 949-706-5000. The normal business hours are 9:00a.m - 5:00p.m on Monday - Friday.