Acorn Growth Companies, Lc (Oklahoma City)

Name: Acorn Growth Companies, Lc
Address: 316 Nw 61 St Street, Oklahoma City, OK, 73118
Telephone: 405-737-2676

Acorn Growth Companies, Lc is a large advisory firm based in Oklahoma City. It manages $491.37 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of District of Columbia and Oklahoma.

Acorn Growth Companies, Lc 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.

Acorn Growth Companies, Lc: assets under management

The assets under management (AUM) of Acorn Growth Companies, Lc is $491.37 million. The firm's AUM has grown by 29% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $326.37 million in discretionary accounts and $165 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $81.59 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $82.5 million.

Acorn Growth Companies, Lc has custody of $431.32 million in cash and securities for 6 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Acorn Growth Companies, Lc for their services and products based on a percentage of assets under management. 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 Acorn Growth Companies, Lc serves?

The only and largest group of clients of Acorn Growth Companies, Lc is pooled investment vehicles with 6 clients and $491.37 million of assets under management. Among the 9 most similar advisory firms, Acorn Growth Companies, Lc has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $491.37 million for 6 clients. None of the firm’s clients are foreign persons or businesses.

Acorn Growth Companies, Lc also advises several private funds. Namely, six private equity funds. The minimum investment commitment required of non-related persons ranges from $20,000 to $1,000,000.

Careers at Acorn Growth Companies, Lc

The company employs 16 people that are either part- or full-time employees. 63 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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
Jeff Glenn Davis	Partner	1 Dec 2000	50% - 75%	6071619
Rick Ronald Nagel	Partner	1 Jan 2005	50% - 75%	6071626
Jeff Morton	Executive vice president and chief financial officer	1 Sep 2005	Other	6071638
Robert Thomas Hinaman	Managing director	1 Mar 2007	Other	4589769
Brandon Howard Bradford	Managing director	1 Sep 2014	Other	5385176
Rick Ronald Nagel	Partner (acorn growth companies, llc)	1 Feb 2015	50% - 75%	6071626
Jeff Glenn Davis	Partner (acorn growth companies, llc)	1 Feb 2015	50% - 75%	6071619
Brandon Howard Bradford	Managing director (acorn growth companies, llc)	1 Feb 2015	Other	5385176
Robert Thomas Hinaman	Managing director (acorn growth companies, llc)	1 Feb 2015	Other	4589769
Jeff Morton	Executive vice president and chief financial officer (acorn growth companies, llc)	1 Feb 2015	Other	6071638
Craig Aaron Woodruff	Chief compliance officer	1 Feb 2015	Other	6724723

Based in Oklahoma City

The principal office where Acorn Growth Companies, Lc performs its advisory services is located at 316 Nw 61 St Street, Oklahoma City, OK 73118, which is also the mailing address of the firm. An additional office of the firm is in Washington, DC. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 405-737-2676 or by fax 405-732-4141. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at acorngrowthcompanies.com.