Mcm Advisers, LP (Orinda)


Mcm Advisers, LP is a large advisory firm based in Orinda. It manages $173.19 million of regulatory assets for 34 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of California.

Mcm Advisers provides portfolio management for individuals and small businesses, portfolio management for investment companies, 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.

Mcm Advisers: assets under management

The assets under management (AUM) of Mcm Advisers, LP is $173.19 million. The firm's AUM has grown by 5% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $170.87 million in discretionary accounts and $2.32 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $5.18 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.32 million.

Investments

The firm invests in exchange traded securities the most. They account for 62% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 25% of the firm’s portfolio. Investments in pooled investment vehicles form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mcm Advisers, LP for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Mcm Advisers serves?

The firm provides services to high net worth individuals, pooled investment vehicles, and business development companies. The largest group of clients of Mcm Advisers is business development companies with 1 clients and $101.45 million of assets under management. Among the 8 most similar advisory firms, Mcm Advisers has the highest percentage of business development companies out of all clients.

The amount of regulatory assets under management is $173.19 million for 34 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.

Mcm Advisers also advises several private funds. Namely, thirty one real estate funds and one private equity fund. The minimum investment commitment required of non-related persons ranges from $1,000 to $100,000.

Careers at Mcm Advisers, LP

The company employs 8 people that are either part- or full-time employees. 88 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
Charles Evans Patterson Managing director and chairman of the board 1 Feb 1982 Other 357857
Glen William Fuller Managing director & chief operating officer 1 Dec 2000 Other 2258973
Charles Evans Patterson Ii Managing director and general counsel 1 Jul 2003 Other 4751834
Paul Francis Koslosky Chief financial officer 1 Dec 2004 Other 4938269
Christine Elizabeth Simpson Chief portfolio manager 1 Dec 2004 Other 4938271
Robert Eric Dixon Managing director & chief investment officer 1 May 2005 Other 2387591
Inc. Mcm Gp General partner 1 Jan 2006 Other 20-0524150
Jennifer L. Moser Vice president 1 May 2006 Other 5223636
Jennifer L. Ireland Vice president 1 May 2006 Other 5223636
Mpf Founders Lp Limited partner 1 Jan 2009 50% - 75% 26-4075283
Mpf Principals Lp Limited partner 1 Jan 2009 25% - 50% 26-4075065
Mpf Successors Lp Limited partner 1 Jan 2009 Other 26-4075237
Jeri Bluth Chief compliance officer 1 Apr 2009 Other 4936615

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Inc. Mcm Gp General partner 1 Jan 2009 Other 20-0524150
Charles Evans Patterson Limited partner 1 Jan 2009 25% - 50% 357857
Berniece Anne Patterson Limited partner 1 Jan 2009 25% - 50% 1201453

Based in Orinda

The principal office where Mcm Advisers, LP performs its advisory services is located at 89 Davis Road, Orinda, CA 94563, 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 925-631-9100 or by fax 925-631-9119. The normal business hours are 7:30 am to 4:30 pm on Monday - Friday. You can find more information about the New York firm at mackenziecapital.com (affliate of mcm advisers, lp).