Energy Income Partners LLC (Westport)

Name: Energy Income Partners LLC
Address: 10 Wright Street, Westport, CT, 06880 3115
Telephone: 203-349-8232

Energy Income Partners LLC is a large advisory firm based in Westport. It manages $5.56 billion of regulatory assets for 368 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Alaska, Arizona, Arkansas, and 31 other states.

Energy Income Partners provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Energy Income Partners: assets under management

The assets under management (AUM) of Energy Income Partners LLC is $5.56 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 7032% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $5.56 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $15.1 million each.

Energy Income Partners has custody of $202.1 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 97% of the total AUM. The second-largest asset type is derivatives, which make up 2% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Energy Income Partners LLC 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.

What kind of clients Energy Income Partners serves?

The firm provides services to insurance companies, investment companies, other investment advisers, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Energy Income Partners is investment companies with 8 clients and $4.5 billion of assets under management. Among the 7 most similar advisory firms, Energy Income Partners has the 2nd highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $5.56 billion for 368 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Energy Income Partners also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $500,000 to $1,000,000.

Careers at Energy Income Partners LLC

The company employs 18 people that are either part- or full-time employees. 33 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’s a single person 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 receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Jarvis Murchie	Ceo	1 Jul 2006	Other	2080728
Eva Pao	Portfolio manager, partner	1 Jul 2006	Other	5156159
Linda Ann Longville	Chief financial officer	1 Jul 2006	Other	5157372
Llc Duntrune Capital Partners	Member	1 Jul 2006	25% - 50%	20-0479865
Eva Nmn Pao	Portfolio manager, partner	1 Jul 2006	Other	5156159
Llc Duntrune	Member	1 Jul 2006	50% - 75%	20-0479900
Lauren Christine Mollica	Chief compliance officer	1 Feb 2008	Other	5490737
Saul Ballesteros	Head trader	1 Oct 2009	Other	5767435
Saul Thomas Ballesteros	Partner and head trader	1 Oct 2009	Other	5767435
Llc Ft Eip Ventures	Member	1 Jun 2010	Other	27-2366883
David Edward Scott	Chief compliance officer	1 Mar 2011	Other	5221545
Eip Longville Llc	Member	1 Dec 2012	Other	46-0929159
Eip Ep Llc	Member	1 Jan 2013	Other	46-0924362
Lisa Iantorno	Chief compliance officer	1 Sep 2013	Other	6257873
Nandita Hogan	Chief compliance officer	1 Mar 2015	Other	4826830
Nandita Yagnik Hogan	Chief compliance officer	1 Mar 2015	Other	4826830
John Kavanagh Tysseland	Portfolio manager, partner	1 May 2016	Other	2723886

Indirect Owners

The SEC currently registers 15 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
L.P. Grace Partners Of Dupage	Limited partner	1 Aug 1991	75% - 100%	36-3789110
Karla Marlee Vankampen Pierre	Shareholder	1 Aug 1991	25% - 50%	2183957
Kristen Joy Wisen	Shareholder	1 Aug 1991	25% - 50%	2183951
The Judith M. Vankampen Intangibles Trust	Shareholder	1 Dec 2000	50% - 75%	36-7358400
The Charger Corporation	Member, manager	1 Jun 2007	Other	36-3772451
Llc First Trust Capital Partners	Sole member and manager	1 Jun 2010	75% - 100%	68-0635954
Ajm Ventures Llc	Sole shareholder	1 Oct 2010	75% - 100%	80-0647858
James Allen Bowen	Sole shareholder	1 Oct 2010	75% - 100%	1123316
Jjm Family Trust	Member	1 Nov 2012	25% - 50%	30-6333633
Linda Ann Longville	Managing member	1 Dec 2012	50% - 75%	5157372
Paul John Longville	Member	1 Dec 2012	50% - 75%	4409209
Douglas William Cullen	Member	1 Jan 2013	25% - 50%	3168643
Eva Pao	Managing member	1 Jan 2013	50% - 75%	5156159
Eva Nmn Pao	Managing member	1 Jan 2013	50% - 75%	5156159
James Allen Bowen	Shareholder	1 Oct 2101	75% - 100%	1123316

Based in Westport

The principal office where Energy Income Partners LLC performs its advisory services is located at 10 Wright Street, Westport, CT 06880 3115 The mailing address of the firm is 10 Wright Street, Westport, CT 06680 3115. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 203-349-8232 or by fax 203-286-1602. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at energymlp.com/.