Enervest Investment Services, L.L.C. is a large advisory firm based in Houston. It manages $3.07 billion of regulatory assets for 22 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Texas.
Enervest Investment Services, L.L.C 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.
The assets under management (AUM) of Enervest Investment Services, L.L.C. is $3.07 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -27% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Enervest Investment Services, L.L.C. 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.
The only and largest group of clients of Enervest Investment Services, L.L.C is pooled investment vehicles with 22 clients and $3.07 billion of assets under management. Among the 9 most similar advisory firms, Enervest Investment Services, L.L.C has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $3.07 billion for 22 clients. None of the firm’s clients are foreign persons or businesses.
Enervest Investment Services, L.L.C also advises several private funds. Namely, four other private funds and five private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.
The company employs 1,006 people that are either part- or full-time employees. 1 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.
The principal office where Enervest Investment Services, L.L.C. performs its advisory services is located at 1001 Fannin Street, Houston, TX 77002, 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 713-659-3500 or by fax 713-659-3556. The normal business hours are 8 am-5 pm on Monday - Friday. You can find more information about the New York firm at enervest.net.