Stira Investment Adviser, LLC (Irvine)

Name: Stira Investment Adviser, LLC
Address: 18100 Von Karman Avenue, Irvine, CA, 92612
Telephone: 949-852-0700

Stira Investment Adviser, LLC is an investment adviser to an investment company based in Irvine. It manages $35.69 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of California.

Stira Investment Adviser provides portfolio management for investment companies 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.

Stira Investment Adviser: assets under management

The assets under management (AUM) of Stira Investment Adviser, LLC is $35.69 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 138% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $35.69 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $35.69 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Stira Investment Adviser, 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 Phillip Duane Meserve serves?

The only and largest group of clients of Phillip Duane Meserve is investment companies with 1 clients and $35.69 million of assets under management. Among the 2 most similar advisory firms, Stira Investment Adviser has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $35.69 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Stira Investment Adviser doesn't advise any private funds.

Careers at Stira Investment Adviser, LLC

The company employs 5 people that are either part- or full-time employees. 100 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.

Phillip Duane Meserve has been acting as President since 1 Nov 2017. Terry Anne Wettergreen joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David Roy Miller	Chief accounting officer	1 Mar 2016	Other	6761297
Llc Steadfast Investment Holdings	Manager and member	1 Dec 2016	75% - 100%	81-4377587
Gustav Frederick Bahn	General counsel	1 Dec 2016	Other	6747266
Hilbert Mark Christopher	Chief executive officer	1 Dec 2016	Other	6761305
Terry Anne Wettergreen	Chief compliance officer	1 Mar 2017	Other	4163327
Phillip Duane Meserve	President	1 Nov 2017	Other	1455059

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Rodney Froom Emery	Member	1 Dec 2016	75% - 100%	5743855

Based in Irvine

The principal office where Stira Investment Adviser, LLC performs its advisory services is located at 18100 Von Karman Avenue, Irvine, CA 92612, 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 949-852-0700 or by fax 949-852-0143. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at stiraallternatives.com.