Steele Creek Investment Management LLC (Charlotte)


Steele Creek Investment Management LLC is a large advisory firm based in Charlotte. It manages $2.91 billion of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of North Carolina.

Logo

Steele Creek Investment Management provides 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.

Steele Creek Investment Management: assets under management

The assets under management (AUM) of Steele Creek Investment Management LLC is $2.91 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1602% since the beginning of its operation, and $2.81 billion of the total AUM is attributable to clients outside of the United States.


The firm manages $2.91 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $323.21 million each.
Steele Creek Investment Management has custody of $101.64 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Steele Creek Investment 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 Steele Creek Investment Management serves?

The only and largest group of clients of Steele Creek Investment Management is pooled investment vehicles with 9 clients and $2.91 billion of assets under management. Among the 12 most similar advisory firms, Steele Creek Investment Management has the 6th highest percentage of pooled investment vehicles out of all clients.


The amount of regulatory assets under management is $2.91 billion for 9 clients. 88% of the firm’s clients are foreign persons or businesses.

Steele Creek Investment Management also advises several private funds. Namely, one private equity fund and eight securitized asset funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Steele Creek Investment Management LLC

The company employs 11 people that are either part- or full-time employees. 73 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.

Glenn Patrick Duffy has served as the Chief Investment Officer since 1 Nov 2013. Mam Manager Llc joined the executive team most recently as the General Partner.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Glenn Patrick Duffy Chief investment officer 1 Nov 2013 Other 1806437
Christopher Regis Ryan Managing director 1 Nov 2013 Other 1581034
Matthew Scott Stouffer Chief compliance officer 1 Nov 2013 Other 2027648
Moelis Steele Creek Holdings Llc Sole member 1 Nov 2013 75% - 100% 80-0961423

Indirect Owners

The SEC currently registers 7 indirect owners.

Name Entity Date acquired Ownership Employer ID
Moelis & Company Manager Llc Member 1 Jun 2007 Other 26-0360603
Kenneth David Moelis Member 1 Jun 2007 75% - 100% 1015047
Moelis & Company Holdings Gp Llc General partner 1 Jul 2011 Other 45-2485605
Moelis Asset Management Lp Sole member 1 Sep 2012 75% - 100% 37-1748521
Moelis & Company Holdings Lp Member 1 Sep 2012 75% - 100% 20-89803070
Mam Manager Llc General partner 1 Jan 2019 Other 83-2909533
Kenneth David Moelis Member 1 Jan 2019 75% - 100% 1015047

Based in Charlotte

The principal office where Steele Creek Investment Management LLC performs its advisory services is located at 201 South College Street, Charlotte, NC 28244, 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 704-343-6011 or by fax 646-417-6767. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at moelisassetmanagement.com.