Westport Capital Partners LLC is a large advisory firm based in Wilton. It manages $3.2 billion of regulatory assets for 24 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of California, Connecticut, and Montana.
Westport Capital Partners provides portfolio management for pooled investment vehicles and 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.
The assets under management (AUM) of Westport Capital Partners LLC is $3.2 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1492% since the beginning of its operation, and $42.8 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Westport Capital Partners LLC for their services and products based on a percentage of assets under management, fixed fees, 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 Westport Capital Partners is pooled investment vehicles with 21 clients and $3.11 billion of assets under management. Among the 10 most similar advisory firms, Westport Capital Partners has the 3rd lowest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $3.11 billion for 21 clients. 17% of the firm’s clients are foreign persons or businesses.
Westport Capital Partners also advises several private funds. Namely, seventeen hedge funds. The minimum investment commitment required of non-related persons ranges from $25,000 to $5,000,000.
The company employs 33 people that are either part- or full-time employees. 39 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.
The principal office where Westport Capital Partners LLC performs its advisory services is located at 40 Danbury Road, Wilton, CT 06897, which is also the mailing address of the firm. An additional office of the firm is in El Segundo, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 203-429-8600 or by fax 203-429-8599. The normal business hours are 9:00am to 6:00pm on Monday - Friday. You can find more information about the New York firm at westportcp.com/.