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Tiercel Capital Texas LLC

Updated today

Client assets under management

$14,000,000

Clients

21

67% high-net worth

Advisors

2

of 2 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

11

Very Low

Average account size

$666,667

About

The firm provides portfolio management to individual and high-net-worth clients, tailoring portfolios to client objectives and risk profiles. It manages primarily discretionary accounts while retaining a portion of non‑discretionary assets and requires clients to custody assets at its selected broker‑dealer.

Tiercel Capital Texas follows a value‑oriented, fundamental analysis process that emphasizes equities trading below estimated intrinsic value and “special situations,” and measures performance over multi‑year horizons. The firm regularly trades a wider set of instruments than typical peers—including options and other derivatives—and the investment team has prior experience trading commodities, futures and associated derivatives.

Noteworthy distinctions include the availability of performance‑based fee arrangements for qualified investors and a small advisory team in which portfolio managers also perform compliance oversight, resulting in concentrated internal supervision. Principal-level outside investment activities (including direct investments in oil royalties and futures strategies) and a formal pre‑clearance policy for personal trading are disclosed to address potential conflicts of interest.

Client services

Portfolio management

Expertise

Active portfolio management Options & derivatives strategies

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Fee options

Percentage

$50,000+: 0.75% - 3.0% per annum Qualified investors+: 2.0% per annum (plus 20% performance fee)

Performance-based

20% performance fee on account performance annually for qualified investors

Other

Account minimum: $500,000 Minimum fee: Monthly minimum fee of $50 for prorated partial months

Main office location

Tiercel Capital Texas LLC

1601 Ronson Rd

Houston TX 77055, United States

Number of offices

1

Most active in

Texas

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Rory M

Series 65

Houston, TX

Tiercel Capital Texas LLC

Rory Mackay is a financial advisor with Tiercel Capital Texas LLC, holding a Series 65 credential and 11 years of industry experience. He has been affiliated with Tiercel Capital Managers Limited since 2010, where he serves as CEO. Outside of his advisory role, he owns Saker Capital LLC, an investment company focused on oil wells and royalties, and is involved with Merlin Factoring LLC, a factoring business. Tiercel Capital Texas LLC provides portfolio management services to individual clients, including high-net-worth investors and retirement plan participants. The firm employs a value-oriented equity approach supplemented by special situation strategies and manages a small, bespoke client book with both discretionary and non-discretionary accounts.

Active portfolio management Options & derivatives strategies
user avatar

Bradley G

Series 65

Houston, TX

Tiercel Capital Texas LLC

Bradley Grasl is a financial advisor at Tiercel Capital Texas LLC with seven years of industry experience. He holds a Series 65 designation and has worked at Virteom LLC, Sinai Capital, and in community college roles prior to joining Tiercel Capital Texas. Tiercel Capital Texas LLC provides portfolio management services to individual and high-net-worth clients, managing both discretionary and non-discretionary accounts. The firm employs a value-oriented equity approach supplemented by short-term special situations and uses fundamental analysis across a broad range of instruments.

Active portfolio management Options & derivatives strategies
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