Westrock Asset Management, LLC (Little Rock)
Westrock Asset Management, LLC is a large advisory firm based in Little Rock. It manages $230.57 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of Arkansas.
Westrock Asset Management provides portfolio management for individuals and small businesses and 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.
Westrock Asset Management: assets under management
The assets under management (AUM) of Westrock Asset Management, LLC is $230.57 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -51% since the beginning of its operation, and $38.9 million of the total AUM is attributable to clients outside of the United States.
Investments
The firm invests in derivatives the most. They account for 97% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 3% of the firm’s portfolio.Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Westrock Asset Management, 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 Westrock Asset Management serves?
The only and largest group of clients of Westrock Asset Management is pooled investment vehicles with 3 clients and $209.85 million of assets under management. Among the 11 most similar advisory firms, Westrock Asset Management has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $209.85 million for 3 clients. 33% of the firm’s clients are foreign persons or businesses.
Westrock Asset Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.
Careers at Westrock Asset Management, LLC
The company employs 12 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.
There are 2 people 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
Indirect Owners
The SEC currently registers 4 indirect owners.Based in Little Rock
The principal office where Westrock Asset Management, LLC performs its advisory services is located at 100 River Bluff Drive, Little Rock, AR 72202, 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 501.320.4867 or by fax 501.320.4879. The normal business hours are 8:30 a.m. - 5:30 p.m. on Monday - Friday. You can find more information about the New York firm at westrockam.com.
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