Phase 3 Capital Management LLC (Glenview)

Phase 3 Capital Management LLC is a large advisory firm based in Glenview. It manages $900.16 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Illinois.

Phase 3 Capital 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.

Phase 3 Capital Management: assets under management

The assets under management (AUM) of Phase 3 Capital Management LLC is $900.16 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 657% since the beginning of its operation, and $342.06 million of the total AUM is attributable to clients outside of the United States.

The firm manages $900.16 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $450.08 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Phase 3 Capital Management LLC for their services and products based on 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 Phase 3 Capital Management serves?

The only and largest group of clients of Phase 3 Capital Management is pooled investment vehicles with 2 clients and $900.16 million of assets under management. Among the 10 most similar advisory firms, Phase 3 Capital Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $900.16 million for 2 clients. 50% of the firm’s clients are foreign persons or businesses.

Phase 3 Capital Management also advises several private funds.

Careers at Phase 3 Capital Management LLC

The company employs 6 people that are either part- or full-time employees. 67 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
Ethan Scott Youderian	Founder, chief investment officer, and chief executive officer	1 Mar 2018	50% - 75%	2522672
Shane Bradley Hoover	Portfolio manager and founding principal	1 Mar 2018	Other	4006017
Karim Said Alwan	Portfolio manager, founding principal, and chief compliance officer	1 Mar 2018	Other	5068491
Phase 3 Holdings Lp	Sole shareholder	1 Mar 2018	75% - 100%	35-2621032
Eric Matthew White	Chief financial officer / chief compliance officer	1 Jun 2019	Other	xxx-xx-xxxx

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Phase 3 Gp Llc	General partner	1 Apr 2018	Other	82-4769577

Based in Glenview

The principal office where Phase 3 Capital Management LLC performs its advisory services is located at 2700 Patriot Boulevard, Glenview, IL 60026, 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 312-858-3801. The normal business hours are 08:00 am - 05:00 pm on Monday - Friday.