Crescent Real Estate LLC (Fort Worth)


Crescent Real Estate LLC is a large advisory firm based in Fort Worth. It manages $3.35 billion of regulatory assets for 36 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Colorado and Texas.

Crescent Real Estate 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.

Crescent Real Estate: assets under management

The assets under management (AUM) of Crescent Real Estate LLC is $3.35 billion. The firm's AUM has grown by 141% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.09 billion in discretionary accounts and $1.26 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $104.5 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $78.75 million.
Crescent Real Estate has custody of $130.49 million in cash and securities for 36 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Crescent Real Estate LLC for their services and products based on a percentage of assets under management, fixed fees, 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 John Collins Goff serves?

The only and largest group of clients of John Collins Goff is pooled investment vehicles with 36 clients and $3.35 billion of assets under management. Among the 9 most similar advisory firms, Crescent Real Estate has the 5th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $3.35 billion for 36 clients. None of the firm’s clients are foreign persons or businesses.

Crescent Real Estate also advises several private funds. Namely, thirty two real estate funds and two private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $2,000,000.

Careers at Crescent Real Estate LLC

The company employs 110 people that are either part- or full-time employees. 29 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives 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.

Crescent Real Estate LLC is owned by Conrad Joseph Suszynski. John Collins Goff has been acting as President since 1 Feb 1998. Lp Jcg 2016 Holdings joined the executive team most recently as the Owner.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
John Collins Goff Chairman/owner 1 Feb 1998 50% - 75% 6020434
Mark Wesley Collier Senior vice president - finance, chief compliance officer 1 May 2005 Other 6020529
Conrad Joseph Suszynski Ceo/owner 1 Nov 2006 Other 1080567
Jason E Anderson Ceo/owner 1 Jun 2016 Other 6699976
Suzanne Stevens Chief financial officer 1 Jun 2016 Other 6737127
Andrew Patrick Lombardi Senior vice president, general counsel 1 Dec 2017 Other 6931944
Lp Jcg 2016 Holdings Owner 1 Jun 2018 50% - 75% 81-4056276

Based in Fort Worth

The principal office where Crescent Real Estate LLC performs its advisory services is located at 777 Main Street, Fort Worth, TX 76102, which is also the mailing address of the firm. An additional office of the firm is in Centennial, CO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 817-321-1600 or by fax 817-882-2002. The normal business hours are 8-5 on Monday - Friday. You can find more information about the New York firm at crescent.com/.