Aqs Asset Management, L.L.C. (Austin)

Name: Aqs Asset Management, L.L.C.
Address: 5806 Mesa Drive, Austin, TX, 78731
Telephone: (512) 314-0720

Aqs Asset Management, L.L.C. is a large advisory firm based in Austin. It manages $2.3 billion of regulatory assets for 10 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of California, Illinois, Louisiana, and 6 other states.

Aqs Asset Management, L.L.C provides portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Aqs Asset Management, L.L.C: assets under management

The assets under management (AUM) of Aqs Asset Management, L.L.C. is $2.3 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1337% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.3 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $229.86 million each.

Investments

The firm invests in investment grade corporate bonds the most. They account for 70% of the total AUM. The second-largest asset type is state and local bonds, which make up 19% of the firm’s portfolio. Investments in government bonds form 7% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Aqs Asset Management, L.L.C. for their services and products based on a percentage of assets under management. 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 Aqs Asset Management, L.L.C serves?

The only and largest group of clients of Aqs Asset Management, L.L.C is insurance companies with 10 clients and $2.3 billion of assets under management. Among the 7 most similar advisory firms, Aqs Asset Management, L.L.C has the highest percentage of insurance companies out of all clients.

The amount of regulatory assets under management is $2.3 billion for 10 clients. None of the firm’s clients are foreign persons or businesses.

Aqs Asset Management, L.L.C doesn't advise any private funds.

Careers at Aqs Asset Management, L.L.C.

The company employs 5 people that are either part- or full-time employees. 40 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
Byron Lee White	Chief compliance officer/managing director	1 Mar 2004	50% - 75%	2261424
John Larry White	Managing director	1 Mar 2004	50% - 75%	1484726
Michael Donnelly Samouce	Managing director	1 Mar 2004	25% - 50%	1403442

Based in Austin

The principal office where Aqs Asset Management, L.L.C. performs its advisory services is located at 5806 Mesa Drive, Austin, TX 78731, 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 (512) 314-0720 or by fax (512) 637-7332. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at aqsllc.com.