Ofs Energy Fund, LLC (Houston)

Name: Ofs Energy Fund, LLC
Address: 6363 Woodway Dr, Houston, TX, 77057 1521
Telephone: 713-580-2732

Ofs Energy Fund, LLC is a large advisory firm based in Houston. It manages $272.81 million 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 Texas.

Ofs Energy Fund 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.

Ofs Energy Fund: assets under management

The assets under management (AUM) of Ofs Energy Fund, LLC is $272.81 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -10% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $272.81 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $30.31 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ofs Energy Fund, 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 Ofs Energy Fund serves?

The only and largest group of clients of Ofs Energy Fund is pooled investment vehicles with 9 clients and $272.81 million of assets under management. Among the 11 most similar advisory firms, Ofs Energy Fund has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $272.81 million for 9 clients. None of the firm’s clients are foreign persons or businesses.

Ofs Energy Fund also advises several private funds. Namely, nine private equity funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $2,000,000.

Careers at Ofs Energy Fund, LLC

The company employs 11 people that are either part- or full-time employees. 91 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
Jerad Dwayne Mcmayon	Manager	1 Jan 2011	50% - 75%	2951312
Christopher Bruce Legendre Ross	Manager	1 May 2011	50% - 75%	4215001
Jeffrey Austin May	Chief compliance officer	1 May 2014	Other	6365907

Based in Houston

The principal office where Ofs Energy Fund, LLC performs its advisory services is located at 6363 Woodway Dr, Houston, TX 77057 1521, 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 713-580-2732 or by fax 713-580-2743. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at ofsfund.com.