Twin Tree Management, LP (Dallas)

Twin Tree Management, LP is a large advisory firm based in Dallas. It manages $2.45 billion of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Texas.

Twin Tree Management 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.

Twin Tree Management: assets under management

The assets under management (AUM) of Twin Tree Management, LP is $2.45 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 668% since the beginning of its operation, and $424.34 million of the total AUM is attributable to clients outside of the United States.

The firm manages $2.45 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $611.31 million each.

Twin Tree Management has custody of $2.45 billion in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Twin Tree Management, LP 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 Twin Tree Management serves?

The only and largest group of clients of Twin Tree Management is pooled investment vehicles with 4 clients and $2.45 billion of assets under management. Among the 11 most similar advisory firms, Twin Tree Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.45 billion for 4 clients. 50% of the firm’s clients are foreign persons or businesses.

Twin Tree Management also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $1,000,000.

Careers at Twin Tree Management, LP

The company employs 6 people that are either part- or full-time employees. 83 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 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
John Samuel Sawyer	Co-managing partner	1 Jan 2009	25% - 50%	4646365
Michael Edward Presley	Co-managing partner	1 Jan 2009	50% - 75%	5642343
Llc Twin Tree Capital Management	General partner	1 Jan 2009	Other	26-3953575
John S. Weeldreyer	Limited partner	1 Jul 2009	Other	4244276
Jay Michael Grabeklis	Limited partner	1 Oct 2009	Other	5878992
Joe Chiang	Chief compliance officer and chief financial officer	1 Oct 2010	Other	5513436

Based in Dallas

The principal office where Twin Tree Management, LP performs its advisory services is located at 8401 N. Central Expressway, Dallas, TX 75225, 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 214-979-2313 or by fax 214-303-1952. The normal business hours are 8:00-5:00 on Monday - Friday.