Cross Creek Advisors, LLC (Salt Lake City)

Name: Cross Creek Advisors, LLC
Address: 505 Wakara Way, Salt Lake City, UT, 84108
Telephone: 801-214-0091

Cross Creek Advisors, LLC is a large advisory firm based in Salt Lake City. It manages $666.89 million of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Utah.

Cross Creek Advisors provides portfolio management for pooled investment vehicles 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.

Cross Creek Advisors: assets under management

The assets under management (AUM) of Cross Creek Advisors, LLC is $666.89 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 172% since the beginning of its operation, and $2.4 million of the total AUM is attributable to clients outside of the United States.

The firm manages $666.89 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $74.1 million each.

Cross Creek Advisors has custody of $666.89 million in cash and securities for 9 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cross Creek Advisors, 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 Cross Creek Advisors serves?

The only and largest group of clients of Cross Creek Advisors is pooled investment vehicles with 9 clients and $666.89 million of assets under management. Among the 8 most similar advisory firms, Cross Creek Advisors has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $666.89 million for 9 clients. None of the firm’s clients are foreign persons or businesses.

Cross Creek Advisors also advises several private funds. Namely, nine venture capital funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Cross Creek Advisors, LLC

The company employs 12 people that are either part- or full-time employees. 83 percent of the employees work as investment advisers or researchers. 4 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
Karolyn Dawn Barker	Chief executive officer; elected manager; member	1 Oct 2012	75% - 100%	2296024
Tyler Mason Christenson	Chief compliance officer; elected manager; member; vice president	1 Oct 2012	Other	5078035
Peter Olson Jarman	Elected manager; member	1 Jan 2013	Other	5873626

Based in Salt Lake City

The principal office where Cross Creek Advisors, LLC performs its advisory services is located at 505 Wakara Way, Salt Lake City, UT 84108, 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 801-214-0091 or by fax 801-214-0020. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at crosscreekadvisors.com.