Socorro Asset Management

RIASEC RegisteredEst. 2019

Total AUM

$498M

Discretionary

$498M

100% of AUM

Avg account

$62.2M

Accounts

Employees

Advisory reps

Firm details

Headquarters: Dallas, Texas
CRD number: 304401
Registered since: June 21, 2019
Website: socorroasset.com
Custodians: THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION, THE BANK OF NEW YORK MELLON, TRUIST INVESTMENT SERVICES, INC., PNC INVESTMENTS LLC
Fee structure: Percentage of AUM
Client types: Pooled Investment Vehicles63.66%
Insurance Companies9.85%
Charitable Organizations9.82%
State / Municipal Government8.37%
Corporations / Businesses8.29%
Services: Portfolio Management for IndividualsPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Socorro Asset Management is an SEC-registered limited partnership that operates as an institutional registered investment adviser. Founded for regulatory purposes in 2019, the firm provides portfolio management across a mix of client types: individuals and small businesses, pooled investment vehicles, and institutional clients. Fee arrangements are based on a percentage of assets under management. The firm acts in sponsor and general partner roles and serves as managing member for pooled investment vehicles, indicating active involvement in fund governance and sponsor-level decision making. Socorro does not identify as an ESG-focused investor and does not market itself as a multi-state adviser or pension consultant.