Trive Capital Management LLC is a large advisory firm based in Dallas. It manages $2.27 billion of regulatory assets for 14 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of Texas.
Trive Capital 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.
The assets under management (AUM) of Trive Capital Management LLC is $2.27 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 656% since the beginning of its operation, and $440.39 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Trive Capital Management LLC 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.
The only and largest group of clients of Trive Capital Management is pooled investment vehicles with 14 clients and $2.27 billion of assets under management. Among the 10 most similar advisory firms, Trive Capital Management has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $2.27 billion for 14 clients. 14% of the firm’s clients are foreign persons or businesses.
Trive Capital Management also advises several private funds. Namely, fourteen private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.
The company employs 26 people that are either part- or full-time employees. 85 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.
The principal office where Trive Capital Management LLC performs its advisory services is located at 2021 Mckinney Avenue, Dallas, TX 75201, 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 214-499-9715. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at trivecapital.com.