Waterford Capital Investment Advisory Services LLC (Addison)


Waterford Capital Investment Advisory Services LLC is a large advisory firm based in Addison. It manages $115 million of regulatory assets for 207 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of Texas.

Waterford Capital Investment Advisory Services provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and 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.

Waterford Capital Investment Advisory Services: assets under management

The assets under management (AUM) of Waterford Capital Investment Advisory Services LLC is $115 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in exchange traded securities the most. They account for 70% of the total AUM. The second-largest asset type is other assets, which make up 15% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Waterford Capital Investment Advisory Services LLC for their services and products based on a percentage of assets under management. 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 Waterford Capital Investment Advisory Services serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Waterford Capital Investment Advisory Services is high net worth individuals with 30 clients and $83.5 million of assets under management. Among the 10 most similar advisory firms, Waterford Capital Investment Advisory Services has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $115 million for 105 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Waterford Capital Investment Advisory Services doesn't advise any private funds.

Careers at Waterford Capital Investment Advisory Services LLC

The company employs 1 person that is either a part- or full-time employee. 100 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
David Patrick Oconnor Managing member, president and chief compliance officer 1 May 2007 75% - 100% 2143494

Based in Addison

The principal office where Waterford Capital Investment Advisory Services LLC performs its advisory services is located at 14677 Midway Road, Addison, TX 75001, 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 214-363-6920 or by fax 214-363-6930. The normal business hours are 7-4 on Monday - Friday. You can find more information about the New York firm at waterfordcapital.com.