Legacy Star Capital Partners, LLC (Austin)
Legacy Star Capital Partners, LLC is a large advisory firm based in Austin. It manages $365.41 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Texas.
Legacy Star Capital 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.
Legacy Star Capital Partners: assets under management
The assets under management (AUM) of Legacy Star Capital Partners, LLC is $365.41 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -13% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Legacy Star Capital 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 Legacy Star Capital Partners serves?
The only and largest group of clients of Legacy Star Capital Partners is pooled investment vehicles with 6 clients and $365.41 million of assets under management. Among the 9 most similar advisory firms, Legacy Star Capital Partners has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $365.41 million for 6 clients. None of the firm’s clients are foreign persons or businesses.
Legacy Star Capital Partners also advises several private funds. Namely, six private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $25,000.
Careers at Legacy Star Capital Partners, LLC
The company employs 8 people that are either part- or full-time employees. 75 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
Indirect Owners
The SEC currently registers 2 indirect owners.Based in Austin
The principal office where Legacy Star Capital Partners, LLC performs its advisory services is located at 1003 Rio Grande Street, Austin, TX 78701, 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 512-407-2600. The normal business hours are 8 am - 5 pm on Monday - Friday. You can find more information about the New York firm at legacystarcapital.com/ and its LinkedIn profile.
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