Waterloo Capital, L.P. (Austin)

Name: Waterloo Capital, L.P.
Address: 2700 Via Fortuna, Austin, TX, 78746
Telephone: 512-777-5900

Waterloo Capital, L.P. is a large advisory firm based in Austin. It manages $720.87 million of regulatory assets for 2,075 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Georgia and Texas.

Waterloo Capital provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Waterloo Capital: assets under management

The assets under management (AUM) of Waterloo Capital, L.P. is $720.87 million. The firm's AUM has grown by 580% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $570.93 million in discretionary accounts and $149.95 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $410.74 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $218.9 thousand.

Waterloo Capital has custody of $720.87 million in cash and securities for 581 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 34% of the total AUM. The second-largest asset type is exchange traded securities, which make up 20% of the firm’s portfolio. Investments in other assets form 18% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Waterloo Capital, L.P. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Waterloo Capital serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Waterloo Capital is high net worth individuals with 349 clients and $656.59 million of assets under management. Among the 7 most similar advisory firms, Waterloo Capital has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $720.87 million for 589 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Waterloo Capital doesn't advise any private funds.

Careers at Waterloo Capital, L.P.

The company employs 19 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 19 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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
Marcy Weston Steward	Ltd partner	1 Sep 2004	Other	2843184
Gery Joseph Sadzewicz	Chief compliance officer	1 Jan 2012	Other	1090963
John Thomas Chatmas	Ceo	1 Jun 2012	Other	2208046
Waterloo Capital Management Llc	General partner	1 Dec 2012	50% - 75%	46-1491233
The Bd 2012 Family Trust	Limited partner	1 Dec 2012	Other	xxx-xx-xxxx
The Dd 2012 Family Trust	Limited partner	1 Dec 2012	Other	xxx-xx-xxxx
Llc Bte Energy	Limited partner	1 Dec 2012	Other	74-3019580
Lp Teegardin Ventures	Limited partner	1 Dec 2012	Other	20-8096552
Gerald Hickson	Limited partner	1 Dec 2012	Other	6156014
River Crest Lp	Limited partner	1 Dec 2012	Other	46-1428369

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Burke Edwards	Sole member	1 Oct 2001	75% - 100%	6154405
Tricia Teegardin	Limited partner	1 Dec 2006	75% - 100%	6154415
John Thomas Chatmas	Sole member	1 Dec 2012	50% - 75%	2208046
David Dachner	Trustee	1 Dec 2012	75% - 100%	xxx-xx-xxxx
Brenda Dachner	Trustee	1 Dec 2012	75% - 100%	xxx-xx-xxxx

Based in Austin

The principal office where Waterloo Capital, L.P. performs its advisory services is located at 2700 Via Fortuna, Austin, TX 78746, which is also the mailing address of the firm. An additional office of the firm is in Atlanta, GA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 512-777-5900. The normal business hours are 8:30 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at waterloocap.com.