Cloud, Neff Management, LLC (Tulsa)

Cloud, Neff Management, LLC is a large advisory firm based in Tulsa. It manages $500 million of regulatory assets for 210 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Oklahoma and Texas.

Cloud, Neff Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Cloud, Neff Management: assets under management

The assets under management (AUM) of Cloud, Neff Management, LLC is $500 million. The firm's AUM has grown by 706% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $300 million in discretionary accounts and $200 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.5 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $20 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cloud, Neff Management, LLC for their services and products based on a percentage of assets under management, hourly charges, 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.

Careers at Cloud, Neff Management, LLC

Richard Cloud has been acting as President since 1 Jan 2004. Lavon Na Ward joined the executive team most recently as the Unit Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Harold A. Vinson Ii Ira	Unit owner	1 Oct 2002	Other	4370302
Christopher Stephan Hunt Ira	Unit owner	1 Jan 2003	Other	4789883
Richard Cloud	President	1 Jan 2004	Other	2378490
William H Gertsen Ira	Vice president - unit owner	1 Jan 2004	Other	4514855
Owen L Pugh Ira	Vp, secretary, treasurer - unit owner	1 Jan 2004	Other	4514862
Inc Cloud Neff & Associates	Tax matters member	1 Jan 2004	50% - 75%	108032
Owen L Pugh Ira	Vp, secretary, treasurer	1 Jan 2004	Other	4514862
Dianne Marie Reinhold Ira	Unit owner	1 Mar 2004	Other	4789890
Lori Jo Kuntz Ira	Unit owner	1 Mar 2004	Other	4789891
Lavon Na Ward	Unit owner	1 Apr 2004	Other	4799255

Based in Tulsa

The principal office where Cloud, Neff Management, LLC performs its advisory services is located at 5314 South Yale, Suite 606, Tulsa, OK 74135, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.