Usrg Management Company, LLC (Santa Monica)

Name: Usrg Management Company, LLC
Address: 406 Broadway, Santa Monica, CA, 90401
Telephone: 310-586-3900

Usrg Management Company, LLC is a large advisory firm based in Santa Monica. It manages $294.7 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of California.

Usrg Management Company 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.

Usrg Management Company: assets under management

The assets under management (AUM) of Usrg Management Company, LLC is $294.7 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -57% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $294.7 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $294.7 million each.

Usrg Management Company has custody of $30.57 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Usrg Management Company, LLC for their services and products based on fixed fees 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 Usrg Management Company serves?

The only and largest group of clients of Usrg Management Company is pooled investment vehicles with 1 clients and $294.7 million of assets under management. Among the 11 most similar advisory firms, Usrg Management Company has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $294.7 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Usrg Management Company also advises several private funds. Namely, one private equity fund.

Careers at Usrg Management Company, LLC

The company employs 5 people that are either part- or full-time employees. 60 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 Us Renewables Holdings	Member	1 Apr 2007	75% - 100%	32-0207229
Lee Edwin Bailey	Managing director of usrg management company, llc	1 Apr 2007	Other	6040722
James Alister Campbell Mcdermott	Managing director of usrg management company, llc	1 Apr 2007	Other	2354320
Jonathan Edward Koch	Managing director of usrg management company, llc	1 Apr 2007	Other	6040729
James Mcdermott	Managing director of usrg management company, llc	1 Apr 2007	Other	2354320
Thomas Patrick King	Managing director of usrg management company, llc	1 Apr 2007	Other	3132864
Jonathan Koch	Managing director of usrg management company, llc	1 Apr 2007	Other	6040729
Derek York Bacon	Chief compliance officer, chief financial officer and treasurer of usrg management company, llc	1 Dec 2009	Other	6040731

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
James Alister Campbell Mcdermott	Member	1 Sep 2003	75% - 100%	2354320
James Mcdermott	Member	1 Sep 2003	75% - 100%	2354320
Llc Rusheen Capital Partners	Member	1 Apr 2007	25% - 50%	51-0502584
Llc Millwood Energy Holdings	Member	1 Apr 2007	25% - 50%	26-0752692
Jonathan Edward Koch	Member	1 Aug 2007	75% - 100%	6040729

Based in Santa Monica

The principal office where Usrg Management Company, LLC performs its advisory services is located at 406 Broadway, Santa Monica, CA 90401, 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 310-586-3900 or by fax 310-586-3901. The normal business hours are 8am-6pm on Monday - Friday. You can find more information about the New York firm at usregroup.com.