Rog Ix, LLC (Houston)


Rog Ix, LLC is a large advisory firm based in Houston. It manages $255 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdiction of Texas.

Rog Ix 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.

Rog Ix: assets under management

The assets under management (AUM) of Rog Ix, LLC is $255 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $255 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $127.5 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Rog Ix, LLC for their services and products based on a percentage of assets under management 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.

What kind of clients Rog Ix serves?

The only and largest group of clients of Rog Ix is pooled investment vehicles with 2 clients and $255 million of assets under management. Among the 5 most similar advisory firms, Rog Ix has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $255 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Rog Ix also advises several private funds. Namely, one private equity fund.

Careers at Rog Ix, LLC

The company employs 24 people that are either part- or full-time employees. 54 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
Randolph Newcomer Manager/ member 1 Apr 2019 50% - 75% 6723628
Scott Rice Member 1 Apr 2019 50% - 75% 6723635
Matthew David Cochrane Chief compliance officer 1 Apr 2019 Other 6924686

Based in Houston

The principal office where Rog Ix, LLC performs its advisory services is located at 500 Dallas St, Houston, TX 77002, 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 713-874-9000 or by fax 281-779-8670. The normal business hours are 8 am - 5 pm on Monday - Friday. You can find more information about the New York firm at rboil.com.