Ycg, LLC (Austin)


Ycg, LLC is a large advisory firm based in Austin. It manages $599.79 million of regulatory assets for 137 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California, Florida, Illinois, and 3 other states.

Ycg provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Ycg: assets under management

The assets under management (AUM) of Ycg, LLC is $599.79 million. The firm's AUM has grown by 343% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $599.73 million in discretionary accounts and $61.07 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.54 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $12.21 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 98% of the total AUM. The second-largest asset type is investment and business development companies, which make up 1% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Ycg, LLC for their services and products based on a percentage of assets under management. 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 Ycg serves?

The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Ycg is high net worth individuals with 106 clients and $368.31 million of assets under management. Among the 5 most similar advisory firms, Ycg has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $599.79 million for 137 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Ycg doesn't advise any private funds.

Careers at Ycg, LLC

The company employs 5 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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
Brian Alan Yacktman Member & chief investment officer 1 Jun 2008 50% - 75% 5453241
William David Kruger Member & chief executive officer 1 Jun 2008 50% - 75% 4960769
David Dwain Jones Chief compliance officer 1 Dec 2011 Other 2761758
Henry Elliott Savage Member & portfolio manager 1 Aug 2012 Other 6110011
Lelia Marie Long Chief compliance officer 1 Mar 2017 Other 4482684

Based in Austin

The principal office where Ycg, LLC performs its advisory services is located at 3207 Ranch Road 620 South, Austin, TX 78738, 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 512-505-2347 or by fax 512-233-2245. The normal business hours are 8 a.m. to 5 p.m. on Monday - Friday. You can find more information about the New York firm at ycginvestments.com.