Waterloo Capital, L.P. (Austin)


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. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. 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.