Westech Investment Advisors, LLC (Portola Valley)

Name: Westech Investment Advisors, LLC
Address: 104 La Mesa Drive, Portola Valley, CA, 94028 7510
Telephone: 650-234-4300

Westech Investment Advisors, LLC is a large advisory firm based in Portola Valley. It manages $1.76 billion of regulatory assets for 10 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of California.

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

Westech Investment Advisors: assets under management

The assets under management (AUM) of Westech Investment Advisors, LLC is $1.76 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 92% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.76 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $175.62 million each.

Westech Investment Advisors has custody of $1.21 billion in cash and securities for 10 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Westech Investment 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 Westech Investment Advisors serves?

The firm provides services to pooled investment vehicles and business development companies. The largest group of clients of Westech Investment Advisors is pooled investment vehicles with 7 clients and $1.03 billion of assets under management. Among the 13 most similar advisory firms, Westech Investment Advisors has the 6th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.76 billion for 10 clients. None of the firm’s clients are foreign persons or businesses.

Westech Investment Advisors also advises several private funds. Namely, six private equity funds and one venture capital fund. The minimum investment commitment required of non-related persons ranges from $0 to $1,000,000.

Careers at Westech Investment Advisors, LLC

The company employs 22 people that are either part- or full-time employees. 59 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Martin David Eng	Cfo/chief compliance officer/vp/secretary/treasurer	1 Oct 2010	Other	5091022
Inc. Westech Investment Management	Class a member	1 Oct 2010	75% - 100%	770358539
Ronald Wayne Swenson	Class b member, ceo, manager	1 Jan 2011	Other	2444634
Salvador Osio Gutierrez	President, manager	1 Jan 2011	Other	1478651
Jay Leonard Cohan	Class d member, vp, assistant secretary	1 Jan 2011	Other	4771690
Maurice Clark Werdegar	Class c member, coo, manager	1 Jan 2011	Other	1741885
David Ryan Wanek	Class d member, vp	1 Jan 2011	Other	5095811
Ronald Wayne Swenson	Class b member, chairman	1 Jun 2015	Other	2444634
Salvador Osio Gutierrez	Vice chairman	1 Jun 2015	Other	1478651
Maurice Clark Werdegar	Class c member, president, ceo	1 Jun 2015	Other	1741885

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Salvador Osio Gutierrez	Shareholder	1 Oct 2010	50% - 75%	1478651
Ronald Wayne Swenson	Shareholder	1 Oct 2010	50% - 75%	2444634

Based in Portola Valley

The principal office where Westech Investment Advisors, LLC performs its advisory services is located at 104 La Mesa Drive, Portola Valley, CA 94028 7510, 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 650-234-4300 or by fax 650-234-4343. The normal business hours are 0900 to 1700 on Monday - Friday. You can find more information about the New York firm at westerntech.com.