Wm Partners, LP is a large advisory firm based in Dania Beach. It manages $243.83 million of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of Florida.
Wm Partners provides 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.
The assets under management (AUM) of Wm Partners, LP is $243.83 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 144% since the beginning of its operation, and $153.33 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Wm Partners, LP for their services and products based on 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.
The only and largest group of clients of Wm Partners is pooled investment vehicles with 7 clients and $243.83 million of assets under management. Among the 11 most similar advisory firms, Wm Partners has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $243.83 million for 7 clients. 63% of the firm’s clients are foreign persons or businesses.
Wm Partners also advises several private funds. Namely, seven private equity funds. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.
The company employs 8 people that are either part- or full-time employees. 75 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 Wm Partners, LP performs its advisory services is located at 1815 Griffin Road, Suite 404, Dania Beach, FL 33004, 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 (754) 260-6500 or by fax (754) 260-6505. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at wmplp.com.