Bp Capital Energy Advisors, LLC (Dallas)

Name: Bp Capital Energy Advisors, LLC
Address: 2305 Cedar Springs Road, Dallas, TX, 75201
Telephone: 214-265-4665

Bp Capital Energy Advisors, LLC is a large advisory firm based in Dallas. It manages $522.53 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2013.

Bp Capital Energy Advisors 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.

Bp Capital Energy Advisors: assets under management

The assets under management (AUM) of Bp Capital Energy Advisors, LLC is $522.53 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1656% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $522.53 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $261.27 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bp Capital Energy Advisors, LLC for their services and products based on a percentage of assets under management 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 Thomas Boone Pickens serves?

The only and largest group of clients of Thomas Boone Pickens is pooled investment vehicles with 2 clients and $522.53 million of assets under management. Among the 8 most similar advisory firms, Bp Capital Energy Advisors has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $522.53 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Bp Capital Energy Advisors also advises several private funds. Namely, two private equity funds. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Bp Capital Energy Advisors, LLC

The company employs 11 people that are either part- or full-time employees. 45 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.

Thomas Boone Pickens has been acting as President since 1 Jan 2013. Jimmy Alan Mcdonald joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Thomas Boone Pickens	Chairman	1 Jan 2013	Other	2843987
Aleksander A Szewczyk	Managing partner	1 Jan 2013	Other	3108487
Michael Jay Watzky	Managing partner	1 Jan 2013	Other	2091220
Drew A. Campbell	Chief compliance officer and managing director	1 Jan 2013	Other	6198741
Lee A. Robertson	Managing director	1 Jan 2013	Other	6198745
Tbp Energy Advisors Llc	Member	1 May 2013	50% - 75%	46-2857595
Loren Jan Soetenga	Managing director	1 May 2013	Other	2101417
Smb Advisors Llc	Member	1 May 2013	Other	46-2859040
Llc Postoak Investments Bpcea	Member	1 May 2013	Other	80-0927005
Mw Energy Advisors Holdings Llc	Member	1 May 2013	Other	80-0926943
5s Advisor Holdings Llc	Member	1 May 2013	Other	46-2835731
Jamestown Advisor Interests Llc	Member	1 May 2013	Other	46-2835879
Llc Bp Energy Partners	Member	1 Jan 2014	50% - 75%	46-3864219
Loren Jan Soetenga	Chief compliance officer and managing director	1 Jun 2016	Other	2101417
Jimmy Alan Mcdonald	Chief compliance officer	1 Jun 2018	Other	6029739

Indirect Owners

The SEC currently registers 7 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Thomas Boone Pickens	Member	1 May 2013	75% - 100%	2843987
Aleksander A Szewczyk	Member	1 May 2013	75% - 100%	3108487
Michael Jay Watzky	Member	1 May 2013	75% - 100%	2091220
Lee A. Robertson	Member	1 May 2013	75% - 100%	6198745
Drew A. Campbell	Member	1 May 2013	75% - 100%	6198741
Smb Advisors Llc	Member	1 Mar 2014	25% - 50%	46-2859040
Mw Energy Advisors Holdings Llc	Member	1 Mar 2014	25% - 50%	80-0926943

Based in Dallas

The principal office where Bp Capital Energy Advisors, LLC performs its advisory services is located at 2305 Cedar Springs Road, Dallas, TX 75201, which is also the mailing address of the firm. An additional office of the firm is in Short Hills, NJ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 214-265-4665. The normal business hours are 8-5 on Monday - Friday. You can find more information about the New York firm at bpenergypartners.com.