Granite Bay Advisors, L.P. (Dallas)

Granite Bay Advisors, L.P. is a related adviser based in Dallas. It manages $12.11 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdiction of Texas.

Granite Bay Advisors 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.

Granite Bay Advisors: assets under management

The assets under management (AUM) of Granite Bay Advisors, L.P. is $12.11 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 495% since the beginning of its operation, and $12.11 million of the total AUM is attributable to clients outside of the United States.

The firm manages $12.11 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $12.11 million each.

Granite Bay Advisors has custody of $12.11 million in cash and securities for 1 client in total and its related person acts as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Granite Bay Advisors, L.P. 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 Granite Bay Advisors serves?

The only and largest group of clients of Granite Bay Advisors is pooled investment vehicles with 1 clients and $12.11 million of assets under management. Among the 1 most similar advisory firms, Granite Bay Advisors has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $12.11 million for 1 clients. 100% of the firm’s clients are foreign persons or businesses.

Granite Bay Advisors also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $2,000,000 for each fund.

Careers at Granite Bay Advisors, L.P.

The company employs 1 person that is either a part- or full-time employee. No 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 compensates 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
Mark Kiyoshi Okada	Member	1 Jul 2010	50% - 75%	2477897
Llc Granite Bay Advisors Gp	General partner	1 Jul 2010	Other	27-3238647
James David Dondero	Member	1 Jul 2010	25% - 50%	2477893
Matthew Steven Okolita	Chief compliance officer	1 Jul 2010	Other	4939522
Inc. Highland Capital Management Services	Limited partner	1 Jul 2010	75% - 100%	75-2911984
Thomas Joseph Surgent	Chief compliance officer	1 Oct 2011	Other	5983586
Thomas Surgent	Chief compliance officer	1 Oct 2011	Other	5983586
Lee Blackwell Parker	Secretary	1 Feb 2012	Other	3147084
Frank George Waterhouse	Treasurer	1 Jun 2014	Other	2960256

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
James David Dondero	Director	1 Dec 2000	75% - 100%	2477893
Mark Kiyoshi Okada	Director	1 Dec 2000	25% - 50%	2477897

Based in Dallas

The principal office where Granite Bay Advisors, L.P. performs its advisory services is located at 300 Crescent Court, Dallas, TX 75201, 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 972-628-4100 or by fax 972-628-4147. The normal business hours are 7am-6pm on Monday - Friday.