Crossbeam Capital, LLC (Houston)


Crossbeam Capital, LLC is a large advisory firm based in Houston. It manages $133.69 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Maryland and Texas.

Crossbeam Capital 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.

Crossbeam Capital: assets under management

The assets under management (AUM) of Crossbeam Capital, LLC is $133.69 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -52% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $133.69 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $133.69 million each.
Crossbeam Capital has custody of $9.41 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Crossbeam Capital, LLC for their services and products based on a percentage of assets under management, commissions, 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.

Careers at Crossbeam Capital, LLC

Theodore M Kerr has been acting as President since 1 Dec 2010. Michael Carroll joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Wfhg Investors Llc Member 1 Nov 2006 50% - 75% 20-8656943
New York Life Investment Mgmt Llc Member 1 Nov 2006 25% - 50% 52-2206685
Theodore M Kerr President 1 Dec 2010 Other 6027054
Crossbeam Holdings Llc Member 1 Dec 2010 75% - 100% 27-3857932
William Bradford Blash Chief acquisition officer 1 Dec 2010 Other 6027050
Richard Keadin Devaney Ceo 1 Dec 2010 25% - 50% 6027049
Cb Group Holdings Member 1 Oct 2011 25% - 50% 32-0354600
Todd Richard Haines Chief financial officer 1 Feb 2012 Other 6027353
Michael Carroll Chief compliance officer 1 Aug 2012 Other 6114856

Indirect Owners

The SEC currently registers 10 indirect owners.

Name Entity Date acquired Ownership Employer ID
Richard Keadin Devaney Member 1 Nov 2006 25% - 50% 6027049
William Bradford Blash Member 1 Nov 2006 25% - 50% 6027050
New York Life Investment Management Llc Member 1 Nov 2006 25% - 50% 52-2206685
New York Life Insurance Company Member 1 Nov 2006 75% - 100% 13-5582869
Crossbeam Capital Llc Member 1 Aug 2009 25% - 50% 35-2283272
Theodore M Kerr Member 1 Oct 2011 25% - 50% 6027054
William Bradford Blash Member 1 Oct 2011 25% - 50% 6027050
Drever Capital Management Llc Member 1 Oct 2011 25% - 50% 27-0702689
Maxwell Bruce Drever Member 1 Oct 2011 25% - 50% 6029207
Richard Keadin Devaney Member 1 Oct 2011 25% - 50% 6027049

Based in Houston

The principal office where Crossbeam Capital, LLC performs its advisory services is located at 6919 Portwest Drive, Houston, TX 77024, 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 713-337-3141 or by fax 713-439-1782. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at crossbeamcapital.com.