Mccarthy Partners Management, LLC (Omaha)

Mccarthy Partners Management, LLC is a large advisory firm based in Omaha. It manages $1.8 billion of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Massachusetts and Nebraska.

Mccarthy Partners Management provides portfolio management for pooled investment vehicles and portfolio company management services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Mccarthy Partners Management: assets under management

The assets under management (AUM) of Mccarthy Partners Management, LLC is $1.8 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 914% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.8 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $225.6 million each.

Mccarthy Partners Management has custody of $734.97 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mccarthy Partners Management, 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 Michael Robert Mccarthy serves?

The only and largest group of clients of Michael Robert Mccarthy is pooled investment vehicles with 8 clients and $1.8 billion of assets under management. Among the 9 most similar advisory firms, Mccarthy Partners Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.8 billion for 8 clients. None of the firm’s clients are foreign persons or businesses.

Mccarthy Partners Management also advises several private funds. Namely, one other private fund and eight private equity funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $25,000,000.

Careers at Mccarthy Partners Management, LLC

The company employs 25 people that are either part- or full-time employees. 64 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.

Michael Robert Mccarthy has been acting as President since 1 Jun 2011. Patrick Joseph Duffy joined the executive team most recently as the Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llc Mccarthy Partners	Parent, limited liability company	1 Jun 2011	75% - 100%	68-0619088
Michael Robert Mccarthy	Chairman	1 Jun 2011	Other	1576968
Teri Lynn Mercer	Chief compliance officer	1 Jun 2011	Other	5032408
Dana Cuthbert Bradford	President & managing partner	1 Jun 2011	Other	4021967
Patrick Joseph Duffy	Senior partner	1 Jun 2011	Other	5906388
Robert Youngs Emmert	Senior partner	1 Jun 2011	Other	2665880
Patrick Joseph Duffy	Managing partner	1 Dec 2011	Other	5906388
Robert Youngs Emmert	Managing partner	1 Dec 2011	Other	2665880
Mcp Management Corp	Parent, managing member, s-corporation	1 Jan 2016	75% - 100%	45-2783539

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Llc Rwc	Member	1 Jan 2012	25% - 50%	47-0814650
Patrick Joseph Duffy	Owner	1 Jan 2017	25% - 50%	5906388

Based in Omaha

The principal office where Mccarthy Partners Management, LLC performs its advisory services is located at 1601 Dodge Street, Omaha, NE 68102, which is also the mailing address of the firm. An additional office of the firm is in Wellesley, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 402-932-8600. The normal business hours are 8:00am - 5:00pm on Monday - Friday.