Lavaca Capital, LLC (Houston)

Name: Lavaca Capital, LLC
Address: 2700 Post Oak Blvd., Houston, TX, 77056
Telephone: 713-904-4027

Lavaca Capital, LLC is a large advisory firm based in Houston. It manages $107.85 million of regulatory assets for 160 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Texas.

Lavaca Capital provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Lavaca Capital: assets under management

The assets under management (AUM) of Lavaca Capital, LLC is $107.85 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -5% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $107.85 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $674.08 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 76% of the total AUM. The second-largest asset type is derivatives, which make up 13% of the firm’s portfolio. Investments in investment and business development companies form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lavaca Capital, 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 Lavaca Capital serves?

The firm provides services to individuals, high net worth individuals, and pooled investment vehicles. The largest group of clients of Lavaca Capital is high net worth individuals with 51 clients and $86.65 million of assets under management. Among the 8 most similar advisory firms, Lavaca Capital has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $96.77 million for 96 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.

Lavaca Capital also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $500,000 for each fund.

Careers at Lavaca Capital, LLC

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 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
Scott Latorre Phillips	Managing member/cco	1 Jan 2013	75% - 100%	5339264

Based in Houston

The principal office where Lavaca Capital, LLC performs its advisory services is located at 2700 Post Oak Blvd., Houston, TX 77056, 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 713-904-4027 or by fax 832-518-5265. The normal business hours are 8 am - 5 pm on Other. You can find more information about the New York firm at lavacacapital.com and its LinkedIn profile.