Platform Partners LLC (Houston)

Name: Platform Partners LLC
Address: 1717 West Loop South, Houston, TX, 77027
Telephone: 713-335-2300

Platform Partners LLC is a large advisory firm based in Houston. It manages $463.19 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Texas.

Platform 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.

Platform Partners: assets under management

The assets under management (AUM) of Platform Partners LLC is $463.19 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 57% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $463.19 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $231.59 million each.

Platform Partners has custody of $259.13 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Platform Partners LLC 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 Bradley Lewis Morgan serves?

The only and largest group of clients of Bradley Lewis Morgan is pooled investment vehicles with 2 clients and $463.19 million of assets under management. Among the 7 most similar advisory firms, Platform Partners has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $463.19 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Platform Partners also advises several private funds. Namely, two private equity funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Platform Partners LLC

The company employs 15 people that are either part- or full-time employees. 73 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.

Bradley Lewis Morgan has been acting as President since 1 Apr 2017. Frederick Rice Lummis joined the executive team most recently as the Chairman.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Frederick Rice Lummis	Chairman	1 Feb 2017	Other	2239148
Kathy Mattina	Chief financial officer, chief compliance officer	1 Feb 2017	Other	6745052
Platform Partners Holdings Gp Llc	Managing member	1 Feb 2017	Other	81-5461419
Bradley Lewis Morgan	Executive vice president, chief operating officer	1 Feb 2017	Other	3249055
Platform Partners Holdings Lp	Member	1 Feb 2017	75% - 100%	35-2586321
Frederick Walter Brazelton	Chief executive officer	1 Apr 2017	Other	5513251
Bradley Lewis Morgan	President	1 Apr 2017	Other	3249055

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Frederick Walter Brazelton	Member	1 Feb 2017	25% - 50%	5513251

Based in Houston

The principal office where Platform Partners LLC performs its advisory services is located at 1717 West Loop South, Houston, TX 77027, 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 713-335-2300 or by fax 713-335-2310. The normal business hours are 8 to 5 on Monday - Friday. You can find more information about the New York firm at platformllc.com.