Recurrent Investment Advisors LLC (Houston)

Name: Recurrent Investment Advisors LLC
Address: 3801 Kirby Drive, Houston, TX, 77098 4100
Telephone: (832) 241-5900

Recurrent Investment Advisors LLC is a mid-sized advisory firm based in Houston. It manages $76.96 million of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Texas.

Recurrent Investment Advisors provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for businesses and institutional clients, and asset allocation / model program services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Recurrent Investment Advisors: assets under management

The assets under management (AUM) of Recurrent Investment Advisors LLC is $76.96 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 51% since the beginning of its operation, and $16.56 million of the total AUM is attributable to clients outside of the United States.

The firm manages $76.96 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $8.55 million each.

Investments

The firm invests in exchange traded securities the most. They account for 96% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 4% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Recurrent Investment Advisors 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 Recurrent Investment Advisors serves?

The firm provides services to investment companies, high net worth individuals, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Recurrent Investment Advisors is pension and profit sharing plans with 1 clients and $38.76 million of assets under management. Among the 3 most similar advisory firms, Recurrent Investment Advisors has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $76.96 million for 9 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 11% of the firm’s clients are foreign persons or businesses.

Recurrent Investment Advisors doesn't advise any private funds.

Careers at Recurrent Investment Advisors LLC

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates 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
Mark Jason Laskin	Co-managing partner, managing member	1 May 2017	50% - 75%	2709284
Bradley Richard Olsen	Co-managing partner, managing member and chief compliance officer	1 May 2017	50% - 75%	5181637

Based in Houston

The principal office where Recurrent Investment Advisors LLC performs its advisory services is located at 3801 Kirby Drive, Houston, TX 77098 4100, 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 (832) 241-5900. The normal business hours are 8:00 am - 5:00 pm (ct) on Monday - Friday. You can find more information about the New York firm at recurrentadvisors.com/.