Foundation Energy Management, LLC is a large advisory firm based in Addison. It manages $338.27 million of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Colorado, Oklahoma, and Texas.
Foundation Energy Management 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 Foundation Energy Management, LLC is $338.27 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 53% 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 Foundation Energy Management, 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 Foundation Energy Management is pooled investment vehicles with 8 clients and $338.27 million of assets under management. Among the 8 most similar advisory firms, Foundation Energy Management has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $338.27 million for 8 clients. None of the firm’s clients are foreign persons or businesses.
Foundation Energy Management also advises several private funds. Namely, eight other private funds. The minimum investment commitment required of non-related persons is $250,000 for each fund.
The company employs 140 people that are either part- or full-time employees. 7 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.
The principal office where Foundation Energy Management, LLC performs its advisory services is located at 5057 Keller Springs Road, Addison, TX 75001, which is also the mailing address of the firm. An additional office of the firm is in Tulsa, OK. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 972-707-2500 or by fax 972-934-8610. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at foundationenergy.com.