Blue Rock Advisors, LLC (Wayzata)


Blue Rock Advisors, LLC is a large advisory firm based in Wayzata. It manages $2.75 billion of regulatory assets for 11 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdiction of Minnesota.

Blue Rock Advisors 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.

Blue Rock Advisors: assets under management

The assets under management (AUM) of Blue Rock Advisors, LLC is $2.75 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1213% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.75 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $250.44 million each.
Blue Rock Advisors has custody of $2.75 billion in cash and securities for 11 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in derivatives the most. They account for 49% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 47% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Blue Rock Advisors, 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 Blue Rock Advisors serves?

The firm provides services to pooled investment vehicles and pension and profit sharing plans. The largest group of clients of Blue Rock Advisors is pooled investment vehicles with 10 clients and $2.46 billion of assets under management. Among the 10 most similar advisory firms, Blue Rock Advisors has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.75 billion for 11 clients. None of the firm’s clients are foreign persons or businesses.

Blue Rock Advisors also advises several private funds. Namely, ten hedge funds. The minimum investment commitment required of non-related persons ranges from $500,000 to $1,000,000.

Careers at Blue Rock Advisors, LLC

The company employs 11 people that are either part- or full-time employees. 55 percent of the employees work as investment advisers or researchers. 4 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
John Kenneth Hunt Managing member 1 Jun 2000 50% - 75% 736791
Jennifer Wingler Johnson Member\chief compliance officer 1 Feb 2009 50% - 75% 4707808
Jeffrey Michael Burns Member 1 Feb 2009 25% - 50% 5583296
Robbie John Burkhart Chief executive officer, chief investment officer 1 Sep 2015 Other 6046686
Angela Merkel Knutzen Chief compliance officer 1 Sep 2015 Other 4880782
Jae Poong Ty Lee Chief financial officer 1 Sep 2015 Other 6237771
Blue Rock Advisors Inc Member 1 Sep 2015 75% - 100% 109488
Mark Frederick Steen Principal 1 Sep 2015 Other 2093368
Gregory William Swaim Managing director - research 1 Jan 2019 Other 5435375

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Robert Wagner Fullerton Principal 1 Dec 1989 50% - 75% 1159288
Mark Frederick Steen Prinicpal 1 Jul 1991 25% - 50% 2093368

Based in Wayzata

The principal office where Blue Rock Advisors, LLC performs its advisory services is located at 445 East Lake Street, Suite 120, Wayzata, MN 55391, 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 (952) 229-8700 or by fax 952-229-8701. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at mybluerockadvisors.com.