Edge Natural Resources LLC (Dallas)

Name: Edge Natural Resources LLC
Address: 5950 Berkshire Lane, Dallas, TX, 75225
Telephone: 469-331-0123

Edge Natural Resources LLC is a large advisory firm based in Dallas. It manages $1.3 billion of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of Texas.

Edge Natural Resources 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.

Edge Natural Resources: assets under management

The assets under management (AUM) of Edge Natural Resources LLC is $1.3 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 192% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.3 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $260.02 million each.

Edge Natural Resources has custody of $769.89 million in cash and securities for 5 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Edge Natural Resources 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.

What kind of clients Edge Natural Resources serves?

The only and largest group of clients of Edge Natural Resources is pooled investment vehicles with 5 clients and $1.3 billion of assets under management. Among the 7 most similar advisory firms, Edge Natural Resources has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.3 billion for 5 clients. None of the firm’s clients are foreign persons or businesses.

Edge Natural Resources also advises several private funds. Namely, three private equity funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Edge Natural Resources LLC

The company employs 15 people that are either part- or full-time employees. 60 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Enr Holdings Lp	Member	1 May 2015	75% - 100%	47-3939248
Oscar Bennett Pate	Partner	1 May 2015	Other	5170787
Roy Abraham Aneed	Partner	1 May 2015	Other	6496452
Jesse Neal Bomer	Partner and chief compliance officer	1 May 2015	Other	6496462
Stacie Renee Moore	Partner and chief financial officer	1 May 2015	Other	6496469
Enr Intermeditate Llc	Member	1 Dec 2016	Other	30-0965426

Indirect Owners

The SEC currently registers 8 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Roy Abraham Aneed	Member	1 Feb 2014	25% - 50%	6496452
Jesse Neal Bomer	Member	1 Feb 2014	25% - 50%	6496462
Oscar Bennett Pate	Member	1 Feb 2014	25% - 50%	5170787
Stacie Renee Moore	Member	1 Feb 2014	25% - 50%	6496469
Enr Gp Llc	General partner	1 May 2015	Other	47-3930888
Jesse Neal Bomer	Member	1 Dec 2016	25% - 50%	6496462
Roy Abraham Aneed	Member	1 Dec 2016	25% - 50%	6496452
Oscar Bennett Pate	Member	1 Dec 2016	25% - 50%	5170787

Based in Dallas

The principal office where Edge Natural Resources LLC performs its advisory services is located at 5950 Berkshire Lane, 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 469-331-0123 or by fax 469-331-0140. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at edgenr.com/.