Virage Capital Management Lp
Answer a few questions and
get matched with an advisor.
Learn more about Virage Capital Management Lp
Overview
Virage Capital Management Lp operates as an advisory firm headquartered in Houston, Texas. The firm has $1.5 billion in total assets across 12 accounts, placing it among the largest financial advisory firms in the country by assets under management (AUM). The firm has a small team, including 9 financial advisors. Virage Capital Management Lp does not act as a registered broker-dealer, meaning the advisor is not able to buy and sell securities for its accounts and those of its clients and instead has to go through a broker-dealer company to do so. Securities are defined as tradable financial investments like bonds, options and stocks.
Virage Capital Management Lp administers most of the company's accounts in a discretionary manner. Discretionary management is a structure in which a portfolio manager makes buy and sell choices for the client's account without needing the client's consent. It also administers two non-discretionary accounts totaling $73.6 million in AUM. The investment advisory firm's average account size is $127.0 million. An average advisor at Virage Capital Management Lp oversees about one client account, placing it among the most individualized financial advisor firms in the country.
Virage Capital Management Lp's main office is located at 1700 Post Oak Boulevard, Houston, Texas 77056-3973. Virage Capital Management Lp is allowed to serve customers in the state of Texas.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Virage Capital Management Lp by the Numbers
$1.5 billion
17
12
$127.0 million
Fee Structure
Fees for financial advisory services usually depend on which services the firm provides the client. Fee types billed by the firm likely include any blend of the following fee types: asset-based or performance-based. The company does not participate in a wrap fee program, in which the company offers a bundle of services for a single fee.
Available
-
Offered by 69% of firms
Percentage of Assets
-
Offered by 26% of firms
Performance-based
Unavailable
-
Find one of the 21% of firms that offer this fee type
Hourly
-
Find one of the 1% of firms that offer this fee type
Commissions
-
Find one of the 0% of firms that offer this fee type
Subscription
-
Find one of the 32% of firms that offer this fee type
Fixed
-
Find one of the 10% of firms that offer this fee type
Other
Types of Clients
The firm works with pooled investment vehicles, corporations and other. Out of its 12 accounts, Virage Capital Management Lp's largest client group by number of accounts is pooled investment vehicles. None of the firm's accounts reside abroad.
- High-Net-Worth Individuals* - 0%
- Other Individuals - 0%
- Corporations - 100%
- Charitable Organizations - 0%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
Find an advisor who will work directly with you
Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.
Disclosures
Virage Capital Management Lp does not have any disclosures.
Please visit its Form ADV for more details.
Find a financial advisor near you
If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.
Financial Advisors at Virage Capital Management Lp
Houston, TX
Not sure which advisor is right for you? Use our matching tool
Our matching tool simplifies the process of finding a financial advisor. To match you with top financial advisors nearby, we ask you a series of questions about your retirement plans, life status, investment goals and advisor preferences, which are all important topics to consider when choosing a financial advisor. Click here to find your advisor matches today
The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.
The named financial professional and firm have not reviewed, approved, or endorsed this profile and are not responsible for its accuracy. Profile content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named financial professional and firm. Financial professionals and firms having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s profiles.
This profile may include a firm or advisor that has a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. SmartAsset is not a client of the aforementioned firms or advisors. SmartAsset did not receive compensation for including any of the firms or advisors in the aforementioned profile.
This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the advisor or firm mentioned in this profile. The matching tool does not include all available advisors and firms and matches based on specific criteria (investable assets, geography, and willingness to work with a remote advisor).
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.