Congruent Investment Partners, LLC (Dallas)

Name: Congruent Investment Partners, LLC
Address: 3400 Carlisle Street, Dallas, TX, 75204
Telephone: 214-760-7411

Congruent Investment Partners, LLC is a large advisory firm based in Dallas. It manages $245.97 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2012.

Congruent Investment Partners 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.

Congruent Investment Partners: assets under management

The assets under management (AUM) of Congruent Investment Partners, LLC is $245.97 million. The firm's AUM has grown by 52% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $229.09 million in discretionary accounts and $16.89 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $114.54 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $16.89 million.

Congruent Investment Partners has custody of $229.09 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Congruent Investment Partners, 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 Congruent Investment Partners serves?

The only and largest group of clients of Congruent Investment Partners is pooled investment vehicles with 3 clients and $245.97 million of assets under management. Among the 7 most similar advisory firms, Congruent Investment Partners has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $245.97 million for 3 clients. None of the firm’s clients are foreign persons or businesses.

Congruent Investment Partners also advises several private funds. Namely, two hedge funds and one private equity fund. The minimum investment commitment required of non-related persons ranges from $0 to $1,000,000.

Careers at Congruent Investment Partners, LLC

The company employs 6 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Preston Laas Massey	Managing member	1 Mar 2009	50% - 75%	6000388
Travis Pendleton Baldwin	Managing member	1 Mar 2009	50% - 75%	6024448
Matthew Lewis Killebrew	Chief compliance officer	1 Oct 2010	Other	5872112

Based in Dallas

The principal office where Congruent Investment Partners, LLC performs its advisory services is located at 3400 Carlisle Street, Dallas, TX 75204, 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 214-760-7411 or by fax 214-302-5063. The normal business hours are 8:00am - 6:00pm on Monday - Friday. You can find more information about the New York firm at congruentinv.com.