Wexford Capital LP (West Palm Beach)

Name: Wexford Capital LP
Address: 777 South Flagler Drive, West Palm Beach, FL, 33401 6122
Telephone: 561-273-8600

Wexford Capital LP is a large advisory firm based in West Palm Beach. It manages $3.01 billion of regulatory assets for 26 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Connecticut and Florida.

Wexford Capital 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.

Wexford Capital: assets under management

The assets under management (AUM) of Wexford Capital LP is $3.01 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -44% since the beginning of its operation, and $10.19 million of the total AUM is attributable to clients outside of the United States.

The firm manages $3.01 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $115.67 million each.

Wexford Capital has custody of $2.6 billion in cash and securities for 26 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wexford Capital LP for their services and products based on a percentage of assets under management and performance-based 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 Wexford Capital serves?

The only and largest group of clients of Wexford Capital is pooled investment vehicles with 26 clients and $3.01 billion of assets under management. Among the 9 most similar advisory firms, Wexford Capital has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $3.01 billion for 26 clients. 15% of the firm’s clients are foreign persons or businesses.

Wexford Capital also advises several private funds. Namely, twenty hedge funds, six other private funds, and eight private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $25,000,000.

Careers at Wexford Capital LP

The company employs 53 people that are either part- or full-time employees. 51 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Charles Eugene Davidson	Limited partner, chairman and chief investment officer	1 Jan 1996	50% - 75%	844453
Joseph Michael Jacobs	Limited partner, president	1 Jan 1996	Other	1113718
Robert Harris Holtz	Limited partner	1 Jan 1996	Other	4374041
Jay Leslie Maymudes	Limited partner	1 Jan 1998	Other	4374044
Arthur Harris Amron	Limited partner, chief compliance officer, secretary and general counsel	1 Jan 2000	Other	4374048
Mark Dana Zand	Limited partner	1 Jan 2002	Other	833775
Kenneth Alan Rubin	Limited partner	1 Jan 2002	Other	1230138
Frederick Bruce Simon	Limited partner	1 Jan 2002	Other	4519030
John Vincent Doyle	Limited partner	1 Jan 2007	Other	1035405
John Clifton Sites	Limited partner	1 Jan 2008	Other	1018869
Wexford Gp Llc	General partner	1 Mar 2009	Other	80-0369540
Steven Emory West	Limited partner	1 Jan 2011	Other	1766235
Paul Michael Jacobi	Limited partner	1 Jan 2012	Other	6040068
James Lawrence Rubin	Limited partner	1 Jan 2012	Other	4985789
Richard Alan Shaprio	Limited partner	1 Jan 2014	Other	6287951
Dante Joseph Domenichelli	Limited partner, chief operating officer and assistant secretary	1 Jan 2016	Other	6628861
Philip Bryan Braunstein	Limited partner	1 Jan 2016	Other	6628869
Marc Thomas Mccarthy	Limited partner	1 Jan 2017	Other	2495228
Aaron Seth Meyer	Limited partner	1 Jan 2018	Other	2780873

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Charles Eugene Davidson	Managing member	1 Feb 2009	50% - 75%	844453
Joseph Michael Jacobs	Managing member	1 Feb 2009	50% - 75%	1113718

Based in West Palm Beach

The principal office where Wexford Capital LP performs its advisory services is located at 777 South Flagler Drive, West Palm Beach, FL 33401 6122 The mailing address of the firm is 411 West Putnam Avenue, Greenwich, CT 06830 6294. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 561-273-8600. The normal business hours are 9:00 a.m. to 6:00 p.m. on Monday - Friday. You can find more information about the New York firm at wexford.com.