Osp, LLC (Edina)


Osp, LLC is a large advisory firm based in Edina. It manages $1.29 billion of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Minnesota and Texas.

Osp 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.

Osp: assets under management

The assets under management (AUM) of Osp, LLC is $1.29 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1048% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.29 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $428.46 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Osp, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Osp serves?

The only and largest group of clients of Osp is pooled investment vehicles with 3 clients and $1.29 billion of assets under management. Among the 8 most similar advisory firms, Osp has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.29 billion for 3 clients. None of the firm’s clients are foreign persons or businesses.

Osp also advises several private funds. Namely, three private equity funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $10,000,000.

Careers at Osp, LLC

The company employs 19 people that are either part- or full-time employees. 47 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Warren R. Staley Non-executive chairman 1 Jun 2012 Other 6267115
Adam Joseph Bernier Chief operating officer and chief compliance officer 1 Jun 2012 Other 6267116
Edgar Gerald Obrien Chief executive officer and chief investment officer 1 Jun 2012 Other 1314522
Lp Osp Managing member 1 Aug 2014 75% - 100% 32-0438335
Warren R. Staley Non-executive chairman 1 Jun 2201 25% - 50% 6267115

Indirect Owners

The SEC currently registers 6 indirect owners.

Name Entity Date acquired Ownership Employer ID
Warren R. Staley Trustee 1 Jan 2011 Other 6267115
Llc Osp Equity Partners General partner 1 Mar 2014 Other 35-2505433
O'brien Children 2006 Trust Limited partner 1 Aug 2014 25% - 50% 41-6559000
Llc Osp Manager General partner 1 Aug 2014 Other 46-5417983
Warren R. Staley Managing member 1 Aug 2014 50% - 75% 6267115
Edgar Gerald Obrien Managing member 1 Aug 2014 50% - 75% 1314522

Based in Edina

The principal office where Osp, LLC performs its advisory services is located at 4121 West 50 Th Street, Edina, MN 55424 The mailing address of the firm is 3948 West 49 1/2 Street, Edina, MN 55424. An additional office of the firm is in Waco, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 612-770-7050 or by fax 763-592-7850. The normal business hours are 9:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at osp-group.com.