Solace Capital Partners, L.P. (Los Angeles)

Name: Solace Capital Partners, L.P.
Address: 11111 Santa Monica Boulevard, Los Angeles, CA, 90025
Telephone: (310) 919-5401

Solace Capital Partners, L.P. is a large advisory firm based in Los Angeles. It manages $581.44 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2015.

Solace Capital Partners 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.

Solace Capital Partners: assets under management

The assets under management (AUM) of Solace Capital Partners, L.P. is $581.44 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 358% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $581.44 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $581.44 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Solace Capital Partners, L.P. 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.

What kind of clients Solace Capital Partners serves?

The only and largest group of clients of Solace Capital Partners is pooled investment vehicles with 1 clients and $581.44 million of assets under management. Among the 9 most similar advisory firms, Solace Capital Partners has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $581.44 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Solace Capital Partners also advises several private funds. Namely, one private equity fund. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Solace Capital Partners, L.P.

The company employs 14 people that are either part- or full-time employees. 79 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
Llc Solace Capital Partners	General partner	1 Sep 2014	Other	80-0961587
Brett Griswold Wyard	Limited partner	1 Sep 2014	25% - 50%	2287769
Christopher Scott Brothers	Limited partner	1 Sep 2014	25% - 50%	2276561
Vincent John Cebula	Limited partner	1 Sep 2014	25% - 50%	1604586
Xavier Eduardo Corzo	Senior vice president / chief compliance officer	1 Dec 2014	Other	6458662
The Brett G. Wyard Family Lp	Limited partner	1 Dec 2016	25% - 50%	81-4499559
Brothers Family Lp	Limited partner	1 Dec 2016	25% - 50%	81-4488404
Lp Cebula Family	Limited partner	1 Dec 2016	25% - 50%	81-4479492

Indirect Owners

The SEC currently registers 8 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Christopher Scott Brothers	Trustee	1 Mar 1998	Other	2276561
Kimberly Marie Brothers	Trustee	1 Mar 1998	Other	6752242
Brett Griswold Wyard	Trustee	1 Nov 2005	Other	2287769
The Brett G. Wyard Family Trust	Limited partner	1 Dec 2016	75% - 100%	xxx-xx-xxxx
Brothers Trust	Limited partner	1 Dec 2016	75% - 100%	xxx-xx-xxxx
Vincent John Cebula	Limited partner, managing general partner	1 Dec 2016	75% - 100%	1604586
Brett Griswold Wyard	Managing general partner	1 Dec 2016	Other	2287769
Christopher Scott Brothers	Managing general partner	1 Dec 2016	Other	2276561

Based in Los Angeles

The principal office where Solace Capital Partners, L.P. performs its advisory services is located at 11111 Santa Monica Boulevard, Los Angeles, CA 90025, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (310) 919-5401 or by fax (310) 919-5402. The normal business hours are 8:00am - 6:00pm on Monday - Friday. You can find more information about the New York firm at solacecap.com.