Stira Investment Adviser, LLC is an investment adviser to an investment company based in Irvine. It manages $35.69 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of California.
Stira Investment Adviser provides portfolio management for investment companies 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.
The assets under management (AUM) of Stira Investment Adviser, LLC is $35.69 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 138% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Stira Investment Adviser, 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.
The only and largest group of clients of Phillip Duane Meserve is investment companies with 1 clients and $35.69 million of assets under management. Among the 2 most similar advisory firms, Stira Investment Adviser has the highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $35.69 million for 1 clients. None of the firm’s clients are foreign persons or businesses.
Stira Investment Adviser doesn't advise any private funds.
The company employs 5 people that are either part- or full-time employees. 100 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.
Phillip Duane Meserve has been acting as President since 1 Nov 2017. Terry Anne Wettergreen joined the executive team most recently as the Chief Compliance Officer.
The principal office where Stira Investment Adviser, LLC performs its advisory services is located at 18100 Von Karman Avenue, Irvine, CA 92612, 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 949-852-0700 or by fax 949-852-0143. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at stiraallternatives.com.