Waveland Resources, LLC (Irvine)

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.

Waveland Resources: assets under management

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 firm manages $203.1 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $65.83 thousand each.

Fees & Commissions

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. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Waveland Resources serves?

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.

Careers at Waveland Resources, LLC

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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Waveland Capital Group	Owner	1 Aug 2001	75% - 100%	33-0976992
Michael Jerome Greer	Ceo	1 Jun 2012	Other	732899
Carl Lance Huntley	Cco	1 Sep 2018	Other	2689997

Based in Irvine

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.