Wayzata Investment Partners LLC (Plymouth)


Wayzata Investment Partners LLC is a large advisory firm based in Plymouth. It manages $1.15 billion of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Massachusetts and Minnesota.

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Wayzata Investment Partners 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.

Wayzata Investment Partners: assets under management

The assets under management (AUM) of Wayzata Investment Partners LLC is $1.15 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -23% since the beginning of its operation, and $62.26 million of the total AUM is attributable to clients outside of the United States.


The firm manages $1.15 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $190.95 million each.
Wayzata Investment Partners has custody of $13.03 thousand 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 Wayzata Investment Partners 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 Wayzata Investment Partners serves?

The only and largest group of clients of Wayzata Investment Partners is pooled investment vehicles with 6 clients and $1.15 billion of assets under management. Among the 7 most similar advisory firms, Wayzata Investment Partners has the highest percentage of pooled investment vehicles out of all clients.


The amount of regulatory assets under management is $1.15 billion for 6 clients. 50% of the firm’s clients are foreign persons or businesses.

Wayzata Investment Partners also advises several private funds. Namely, six hedge funds. The minimum investment commitment required of non-related persons is $10,000,000 for each fund.

Careers at Wayzata Investment Partners LLC

The company employs 7 people that are either part- or full-time employees. 71 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Patrick Joseph Halloran Manager 1 May 2004 Other 1686827
Mary Irene Burns Vice president, chief financial officer and chief compliance officer 1 May 2004 Other 4813691
Steven Mark Adams Member-general counsel 1 May 2004 Other 4623632
John David Mcevoy Member 1 May 2004 Other 1955637
John Edward Foley Member 1 May 2004 Other 2303774
Joseph Martin Deignan Member 1 May 2004 Other 2647532
Blake Matthew Carlson Member 1 May 2004 Other 4813696
Timothy Joseph Scallen Chief legal officer 1 Aug 2008 Other 5655808
Joseph Martin Deignan Vice president 1 Dec 2009 Other 2647532
Map Holdings Llc Member 1 Dec 2009 50% - 75% 41-1991305
Cheesemaker Partners Llc Member 1 Dec 2009 Other 27-1495549
Ajz Windmill Llc Member 1 Dec 2009 Other 80-0519110
Mcevoy Family Holdings Llc Member 1 Dec 2009 Other 27-1502397
Llc Bcwl Holdings Member 1 Dec 2009 Other 27-1512339
Kelly Marie Aubrey Chief operations officer 1 Oct 2016 Other 6723085
Pia Ellen Schutt Chief financial officer 1 Oct 2016 Other 6723086
Patrick Reilly Shane Chief compliance officer 1 Oct 2016 Other 6723088
Mary Irene Burns Vice president and chief compliance officer 1 Oct 2017 Other 4813691

Indirect Owners

The SEC currently registers 20 indirect owners.

Name Entity Date acquired Ownership Employer ID
Patrick Joseph Halloran Manager 1 Jan 2004 Other 1686827
Patrick J. Halloran Living Trust Agreement Member 1 Jan 2004 50% - 75% xxx-xx-xxxx
Kathleen A. Halloran Living Trust Agreement Member 1 Jan 2004 25% - 50% xxx-xx-xxxx
Kathleen Anne Halloran Trustee 1 Jan 2004 75% - 100% 2181619
Kathy Anne Mcquade Member 1 Jan 2004 25% - 50% 2181619
Joseph Martin Deignan Trustee 1 Mar 2009 75% - 100% 2647532
Megan Kelly Deignan Trustee 1 Mar 2009 75% - 100% 5748448
John David Mcevoy Manager-member 1 Dec 2009 25% - 50% 1955637
John Edward Foley Manager-member 1 Dec 2009 50% - 75% 2303774
Blake Matthew Carlson Manager 1 Dec 2009 Other 4813696
Joseph M. Deignan Revocable Trust Dated 3/13/2009 Member 1 Dec 2009 25% - 50% xxx-xx-xxxx
Julieann Aedie Mcevoy Member 1 Dec 2009 25% - 50% 5748451
Danae Ann Foley Member 1 Dec 2009 25% - 50% 5748450
Megan K. Deignan Revocable Trust Dated 3/13/2009 Member 1 Dec 2009 25% - 50% xxx-xx-xxxx
Candace Rae Carlson Member 1 Dec 2009 25% - 50% 5748463
Megan K. Revocable Trust Dated 3/13/2009 Member 1 Dec 2009 25% - 50% xxx-xx-xxxx
2010 Blake M. Carlson Living Trust Dated May 24 Member 1 Jun 2010 50% - 75% xxx-xx-xxxx
Blake Matthew Carlson Trustee 1 Jun 2010 75% - 100% 4813696
2010 Candace R. Herstad Carlson Living Trust Dated May 24 Member 1 Jun 2010 25% - 50% xxx-xx-xxxx
Candace Rae Carlson Trustee 1 Jun 2010 75% - 100% 5748463

Based in Plymouth

The principal office where Wayzata Investment Partners LLC performs its advisory services is located at One Carlson Parkway North, Plymouth, MN 55447, 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 952-345-0700. The normal business hours are 8:00 am - 5:00 pm central standard time on Monday - Friday. You can find more information about the New York firm at wayzatainvestmentpartners.com.