Cusource, LLC (Plano)


Cusource, LLC is a large advisory firm based in Plano. It manages $40.91 billion of regulatory assets for 84 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Louisiana, and Texas.

Cusource 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.

Cusource: assets under management

The assets under management (AUM) of Cusource, LLC is $40.91 billion. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in government bonds the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cusource, LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Cusource serves?

The only and largest group of clients of Cusource is banking or thrift institutions with 84 clients and $40.91 billion of assets under management. Among the 7 most similar advisory firms, Cusource has the highest percentage of banking or thrift institutions out of all clients.

The amount of regulatory assets under management is $40.91 billion for 84 clients. None of the firm’s clients are foreign persons or businesses.

Cusource doesn't advise any private funds.

Careers at Cusource, LLC

The company employs 9 people that are either part- or full-time employees. 56 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates 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
Bruce Matthew Fox Designated principal 1 Mar 1998 Other 1398855
Catalyst Corporate Federal Credit Union Member 1 Mar 1998 75% - 100% 58-0501985
Southwest Corporate Federal Credit Union Member 1 Mar 1998 75% - 100% 51-0152042
Southwest Bridge Corporate Federal Credit Union Member 1 Mar 1998 75% - 100% 90-0619486
Bruce Matthew Fox Chief compliance officer 1 Jan 2006 Other 1398855
Michael Andrew Mcginnis Designated principal 1 Apr 2019 Other 2266303
Steven P Houle Chief compliance officer 1 Apr 2019 Other xxx-xx-xxxx
Mark William Debree Principal 1 Apr 2019 Other 3261504

Based in Plano

The principal office where Cusource, LLC performs its advisory services is located at 6801 Parkwood Boulevard, Plano, TX 75024 7198, 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 800-442-6427 or by fax 214-703-7919. The normal business hours are 8:00 a.m. - 5:30 p.m. on Monday - Friday. You can find more information about the New York firm at catalyststrategic.org.