Weathergage Capital, LLC (Palo Alto)

Name: Weathergage Capital, LLC
Address: 644 Emerson Street, Palo Alto, CA, 94301
Telephone: 650-440-3630

Weathergage Capital, LLC is a large advisory firm based in Palo Alto. It manages $1.1 billion of regulatory assets for 11 client accounts. It has been registered with the SEC as an adviser since 2011.

Weathergage Capital provides portfolio management for pooled investment vehicles and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Weathergage Capital: assets under management

The assets under management (AUM) of Weathergage Capital, LLC is $1.1 billion. The firm's AUM has grown by 147% since the beginning of its operation, and $136.45 million of the total AUM is attributable to clients outside of the United States.

The firm manages $820.05 million in discretionary accounts and $284.87 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $102.51 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $94.96 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Weathergage Capital, 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 Weathergage Capital serves?

The only and largest group of clients of Weathergage Capital is pooled investment vehicles with 11 clients and $1.1 billion of assets under management. Among the 7 most similar advisory firms, Weathergage Capital has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.1 billion for 11 clients. 27% of the firm’s clients are foreign persons or businesses.

Weathergage Capital also advises several private funds. Namely, eight venture capital funds. The minimum investment commitment required of non-related persons ranges from $125,000 to $100,000,000.

Careers at Weathergage Capital, LLC

The company employs 4 people that are either part- or full-time employees. 100 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
Judith Ann Elsea	Managing member	1 Sep 2006	25% - 50%	704760
Tim Eric Bliamptis	Managing member	1 Sep 2006	25% - 50%	4490114
John Bradford Hammond	Managing member and chief compliance officer	1 Sep 2006	25% - 50%	4455317
Sandra Guitar Wallis	Managing member	1 Sep 2006	Other	4568077
Tim E Bliamptis	Managing director	1 Sep 2006	25% - 50%	4490114
Sandra G Wallis	Managing director	1 Sep 2006	Other	4568077
Courtney Russell Mccrea	Executive officer	1 Sep 2008	Other	5991168

Based in Palo Alto

The principal office where Weathergage Capital, LLC performs its advisory services is located at 644 Emerson Street, Palo Alto, CA 94301 The mailing address of the firm is 228 Hamilton Avenue, Suite 300, Palo Alto, CA 94301. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 650-440-3630 or by fax 650-798-5001. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at weathergagecapital.com.