The USCA GROUP is a privately held investment adviser that advises $7.73Bn in regulatory assets under management held in 3 SEC fund types across 4 investment strategies. USCA GROUP is a Retail Wealth A retail wealth manager is a manager whose >=75% of total assets under management are managed for individual investors through retail advisory or brokerage channels. Manager. Assets increased by 170.28% over the last 5-years.
The Group has been registered with the SEC for 20.22 years and is comprised of 3 filing and 0 relying advisers. They operate out of 9 office locations with their Headquarters at 4444 WESTHEIMER RD. SUITE G500, HOUSTON, TX. The Group has not been subject to regulatory enforcement actions. They are regulated by 2 US and Non-US bodies.
They have 142 employees comprised of 74 investment and 68 non-investment staff. The total number of Employees increased by 27.93% over the last 5-years.
Their $7.73Bn in assets advised are owned by 26 private funds, 1 public fund and BDCs and 235 other accounts. Assets of High Net Worth Individuals clients own $5.4Bn or 69.91% of Total Assets and Individuals own $1.08Bn or 14.03% of Total Assets.
The Group's top investment strategies include Fund of Funds, Multi Strat and Early Stage, representing 64.98%, 12.96% and 12.67% of total assets, respectively.
They advise 7 types of clients, top clients are High Net Worth Individuals and Individuals.
The Group uses 3 Fund Administrators, 4 Fund Auditors, 1 Prime Brokers, 5 Custodians and 0 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group discloses fixed fees, management fees and performance-based fees.
USCA GROUP names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.
They have a HIGH-WATCH risk business model that requires a high degree of process maturity to manage operational risk. A Manager Group has a "High Complexity" when 25% or more of 63 business conditions measured require a high level of process maturity to manage the risk. The "Watch" suffix indicates that one or more of the following business conditions carry a high-complexity score: 1) % Fund Assets Valued Internally, 2) prior Regulatory Violations, 3) Unqualified Audits, 4) Multi-Functional C-Suite and 5) Business Concentration Risk with an Auditor or Administrator.
In USCA GROUP's case, they have 25 business conditions that require high process maturity and 2 Watch Factors.