Black Swan Advisors, L.P. (San Antonio)


Black Swan Advisors, L.P. is an adviser based in San Antonio. It manages $61.7 million of regulatory assets for 83 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdiction of Texas.

Black Swan Advisors provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Black Swan Advisors: assets under management

The assets under management (AUM) of Black Swan Advisors, L.P. is $61.7 million. The firm's AUM has gone down by -80% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $55 million in discretionary accounts and $6.7 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.5 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $109.84 thousand.
Black Swan Advisors has custody of $53.79 million in cash and securities for 10 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Black Swan Advisors, L.P. for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Based in San Antonio

The principal office where Black Swan Advisors, L.P. performs its advisory services is located at 112 E. Pecan Street, San Antonio, TX 78205 1533, 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 210-477-7610 or by fax 210-477-7611. The normal business hours are 8 a.m. to 5 p.m. on Monday - Friday.