Buildgroup Management, LLC (Austin)

Name: Buildgroup Management, LLC
Address: 3500 Jefferson Street, Austin, TX, 78731
Telephone: 512-994-2983

Buildgroup Management, LLC is a large advisory firm based in Austin. It manages $367.77 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Texas.

Buildgroup Management 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.

Buildgroup Management: assets under management

The assets under management (AUM) of Buildgroup Management, LLC is $367.77 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 700% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $367.77 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $367.77 million each.

Buildgroup Management has custody of $127.78 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Buildgroup Management, LLC for their services and products based on 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 Buildgroup Management serves?

The only and largest group of clients of Buildgroup Management is pooled investment vehicles with 1 clients and $367.77 million of assets under management. Among the 12 most similar advisory firms, Buildgroup Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $367.77 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Buildgroup Management also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $10,000,000 for each fund.

Careers at Buildgroup Management, LLC

The company employs 7 people that are either part- or full-time employees. 86 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.

Robert Grayson Hall joined the executive team most recently as the Managing Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Albert Lanham Napier	Chief executive officer	1 Mar 2015	25% - 50%	2372322
James Nelson Curry	Member	1 Dec 2015	25% - 50%	2526781
Peter Burrows Freeland	Member	1 Dec 2015	25% - 50%	4428155
Klee Robert Kleber	Member	1 Dec 2015	25% - 50%	6850266
Albert Lanham Napier	Managing member	1 Dec 2015	25% - 50%	2372322
Klee Robert Kleber	Member	1 Dec 2016	25% - 50%	6850266
Kenneth Vincent Herz	Chief compliance officer	1 Sep 2017	Other	6850598
Robert Grayson Hall	Managing director	1 Mar 2019	Other	1416180

Based in Austin

The principal office where Buildgroup Management, LLC performs its advisory services is located at 3500 Jefferson Street, Austin, TX 78731, 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 512-994-2983. The normal business hours are 9 am - 5 pm on Monday - Friday. You can find more information about the New York firm at buildgroup.com and its LinkedIn profile.