Rcp Advisors 2, LLC (Dallas)


Rcp Advisors 2, LLC is a large advisory firm based in Dallas. It manages $5.87 billion of regulatory assets for 41 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California, Illinois, and Maryland.

Rcp Advisors 2 provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Rcp Advisors 2: assets under management

The assets under management (AUM) of Rcp Advisors 2, LLC is $5.87 billion. The firm's AUM has grown by 93% since the beginning of its operation, and $1.71 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $5.2 billion in discretionary accounts and $674.71 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $157.55 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $84.34 million.
Rcp Advisors 2 has custody of $5.4 billion in cash and securities for 34 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Rcp Advisors 2, LLC for their services and products based on a percentage of assets under management, fixed fees, 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 Rcp Advisors 2 serves?

The only and largest group of clients of Rcp Advisors 2 is pooled investment vehicles with 37 clients and $5.34 billion of assets under management. Among the 8 most similar advisory firms, Rcp Advisors 2 has the 4th lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $5.34 billion for 37 clients. 54% of the firm’s clients are foreign persons or businesses.

Rcp Advisors 2 also advises several private funds. Namely, twenty private equity funds. The minimum investment commitment required of non-related persons ranges from $500,000 to $200,000,000.

Careers at Rcp Advisors 2, LLC

The company employs 54 people that are either part- or full-time employees. 19 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
Thomas Patrick Danis Manager 1 Jun 2012 Other 2700168
William Fritz Souder Manager and chief executive officer 1 Jun 2012 Other 4555918
Charles Keydel Huebner Manager and vice president 1 Jun 2012 Other 4194799
Jeff Patrick Gehl Manager 1 Jun 2012 Other 4578226
Nell Mershon Blatherwick Chief compliance officer 1 Sep 2012 Other 6117344
Jon Ian Madorsky Member of registrant 1 Dec 2012 Other 6178644
Jeff Patrick Gehl Manager 1 Dec 2016 Other 4578226
Llc P10 Rcp Holdco Member 1 Oct 2017 75% - 100% 00-0000000

Indirect Owners

The SEC currently registers 8 indirect owners.

Name Entity Date acquired Ownership Employer ID
Inc. P10 Industries Class a and class b member 1 Oct 2017 75% - 100% 74-2961657
Charles Keydel Huebner Elected manager 1 Oct 2017 Other 4194799
Jeff Patrick Gehl Elected manager 1 Oct 2017 Other 4578226
Thomas Patrick Danis Elected manager 1 Oct 2017 Other 2700168
William Fritz Souder Elected manager 1 Oct 2017 Other 4555918
Inc. P10 Holdings Class a and class b member 1 Oct 2017 75% - 100% 74-2961657
Jon Ian Madorsky Elected manager 1 Oct 2017 Other 6178644
David Michael Mc Coy Elected manager 1 Oct 2017 Other 4673676

Based in Dallas

The principal office where Rcp Advisors 2, LLC performs its advisory services is located at 8214 Westchester Drive, Dallas, TX 75225 The mailing address of the firm is 353 N. Clark Street, Chicago, IL 60654. An additional office of the firm is in Newport Beach, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 312-266-7300 or by fax 312-266-7433. The normal business hours are 8:30 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at rcpadvisors.com.