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Adviser Profile

As of Date 03/27/2024
Adviser Type - Large advisory firm
Number of Employees 3
of those in investment advisory functions 1
Registration Texas, Terminated, 7/29/2022
Other registrations (1)
AUM* 201,876,272 20.80%
of that, discretionary 201,876,272 20.80%
Private Fund GAV* 198,881,704 21.43%
Avg Account Size 5,456,115 20.80%
% High Net Worth 86.67%
SMA’s No
Private Funds 2
Contact Info 214 xxxxxxx
Websites

Client Types

- High net worth individuals
- Pooled investment vehicles

Advisory Activities

- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
167M 143M 119M 95M 72M 48M 24M
2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeOther Private Fund Count2 GAV$198,881,704

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Brochure Summary

Overview

Austerra Wealth Management LLC (“Austerra,” “the Firm,” “Our” or ‘We”) is located in Dallas, Texas and was founded in 2012 by Mark Holland. We feel that putting the client's best interests first is our primary concern. Before doing any investing or advising, we get to know our clients' needs, goals, objectives, and issues and then implement and maintain a plan tailored to these objectives. Investment Management Services Austerra renders discretionary investment management services by investing in securities that the Firm believes are suitable for each client based on their investment objectives, risk tolerance and other individual client needs and circumstances. There is not a limit to the types of investments offered. Investment Management Services are tailored to a client’s specific needs and goals through a dialogue concerning their assets, liabilities, income, expenses, goals, and objectives. A long-term investment plan is established, then reconfirmed or adjusted at least annually. Clients may impose restrictions on investing in certain securities or types/classes of securities. When we provide investment advice to you regarding your retirement plan account or individual retirement account, we are fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts. The way we make money creates some conflicts with your interests, so we operate under a special rule that requires us
to act in your best interest and not put our interest ahead of yours. Under this special rule’s provisions, we must:
• Meet a professional standard of care when making investment recommendations (give prudent advice);
• Never put our financial interests ahead of yours when making recommendations (give loyal advice);
• Avoid misleading statements about conflicts of interest, fees, and investments;
• Follow policies and procedures designed to ensure that we give advice that is in your best interest;
• Charge no more than is reasonable for our services; and
• Give you basic information about conflicts of interest. As of December 31, 2023, Austerra had $201,876,272 in discretionary assets under management. Austerra Stable Growth Fund, LP Austerra Stable Growth Fund, LP (the “ASGF Fund”), is a Texas limited partnership and has been formed for the purpose of making investments in a variety of opportunities, as determined by the General Partner. Austerra Wealth Management LLC (the “General Partner”), a Texas limited liability company, will serve as general partner of the ASGF Fund. Austerra Stable Income Fund, LP Austerra Stable Income Fund, LP (the “ASIF Fund”), is a Texas limited partnership and has been formed for the purpose of acquiring real estate loans (the “Loans”) secured by interests in real property. Austerra Stable Income Management LLC, a Texas limited liability company, will serve as general partner of the ASIF Fund (the “General Partner”).