Cusource, LLC (Plano)

Name: Cusource, LLC
Address: 6801 Parkwood Boulevard, Plano, TX, 75024 7198
Telephone: 800-442-6427

Cusource, LLC is a large advisory firm based in Plano. It manages $40.91 billion of regulatory assets for 84 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Louisiana, and Texas.

Cusource provides 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.

Cusource: assets under management

The assets under management (AUM) of Cusource, LLC is $40.91 billion. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in government bonds the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cusource, 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.

What kind of clients Cusource serves?

The only and largest group of clients of Cusource is banking or thrift institutions with 84 clients and $40.91 billion of assets under management. Among the 7 most similar advisory firms, Cusource has the highest percentage of banking or thrift institutions out of all clients.

The amount of regulatory assets under management is $40.91 billion for 84 clients. None of the firm’s clients are foreign persons or businesses.

Cusource doesn't advise any private funds.

Careers at Cusource, LLC

The company employs 9 people that are either part- or full-time employees. 56 percent of the employees work as investment advisers or researchers. No 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 compensates 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
Bruce Matthew Fox	Designated principal	1 Mar 1998	Other	1398855
Catalyst Corporate Federal Credit Union	Member	1 Mar 1998	75% - 100%	58-0501985
Southwest Corporate Federal Credit Union	Member	1 Mar 1998	75% - 100%	51-0152042
Southwest Bridge Corporate Federal Credit Union	Member	1 Mar 1998	75% - 100%	90-0619486
Bruce Matthew Fox	Chief compliance officer	1 Jan 2006	Other	1398855
Michael Andrew Mcginnis	Designated principal	1 Apr 2019	Other	2266303
Steven P Houle	Chief compliance officer	1 Apr 2019	Other	xxx-xx-xxxx
Mark William Debree	Principal	1 Apr 2019	Other	3261504

Based in Plano

The principal office where Cusource, LLC performs its advisory services is located at 6801 Parkwood Boulevard, Plano, TX 75024 7198, 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 800-442-6427 or by fax 214-703-7919. The normal business hours are 8:00 a.m. - 5:30 p.m. on Monday - Friday. You can find more information about the New York firm at catalyststrategic.org.