Corrigo Investment Partners, LLC (Austin)

Name: Corrigo Investment Partners, LLC
Address: 8911 Capital Of Texas Highway N., Austin, TX, 78759
Telephone: 512-878-3495

Corrigo Investment Partners, LLC is a large advisory firm based in Austin. It manages $1.87 billion of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Connecticut, New Jersey, New York, South Carolina, and Texas.

Corrigo Investment Partners provides portfolio management for pooled investment vehicles, selection of other advisers, and see schedule d. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Corrigo Investment Partners: assets under management

The assets under management (AUM) of Corrigo Investment Partners, LLC is $1.87 billion. The firm's AUM has grown by 10% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.82 billion in discretionary accounts and $50.52 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $455.48 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $50.52 million.

Corrigo Investment Partners has custody of $467.01 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Corrigo Investment Partners, LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Corrigo Investment Partners serves?

The only and largest group of clients of Corrigo Investment Partners is pooled investment vehicles with 3 clients and $467.01 million of assets under management. Among the 10 most similar advisory firms, Corrigo Investment Partners has the 5th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $467.01 million for 3 clients. None of the firm’s clients are foreign persons or businesses.

Corrigo Investment Partners also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $10,000,000.

Careers at Corrigo Investment Partners, LLC

The company employs 8 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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 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
Llc Corrigo Investment Holdings	Sole member	1 Jan 2018	75% - 100%	82-4265638
Grant Douglas Birdwell	Ceo	1 May 2018	Other	4284191
Kyle Wayne Mcdaniel	Co-cio	1 May 2018	Other	5112671
Christopher Harold Clasen	Coo	1 May 2018	Other	2900933
Raymond Samuel Mandra	Cco	1 May 2018	Other	4211682
Rebecca Hellerstein Rose	Co-cio	1 May 2018	Other	6956544

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Merchant Investment Management Llc	Sole member	1 Jun 2017	75% - 100%	82-1696641
Merchant Investment Management Holdings Llc	Sole member	1 Jun 2017	75% - 100%	82-1680750
Llc Merchange Asset Management Holdings	Member	1 Jan 2018	25% - 50%	82-1864215
Llc Merchant Asset Management Holdings	Member	1 Jan 2018	25% - 50%	82-1864215

Based in Austin

The principal office where Corrigo Investment Partners, LLC performs its advisory services is located at 8911 Capital Of Texas Highway N., Austin, TX 78759, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 512-878-3495. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at corrigoinvestmentpartners.com/.