Clients
Cusource serves 80 clients. The average client has about $655 million with the firm.
- Banking or thrift institutions80 clients100%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Banking or thrift institutions | 80 | $52,373,407,058 | 100.0% | $654.7M |
| Total | 80 | $52,373,407,058 | 100% | $654.7M |
- Clients
- 80
- Regulatory AUM
- $52,373,407,058
- Share
- 100.0%
- Avg. per client
- $654.7M
Total
- Clients
- 80
- Regulatory AUM
- $52,373,407,058
- Share
- 100%
- Avg. per client
- $654.7M
What it does
Cusource provides portfolio management for institutions. It is paid through a percentage of assets and fixed fees.
Cusource provided financial planning to 0 clients last fiscal year and advises no private funds.
0.0% of assets ($0 across 0 accounts) are managed with discretion; $52.37B across 80 accounts are not. 0% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Bonds100%
Custodians
Cusource’s client accounts are held mainly at J.P. Morgan, with 8% of managed assets. Cusource has custody of client assets.
- J.P. MorganJP Morgan Chase Bank, National Association (n.a.) · Columbus, OH · $4.41B8%
- All other custodians$47.96B92%
Ownership and leadership
Catalyst Corporate Federal Credit Union owns 75% or more of Cusource.
- Owns 75% or more of Cusource, LLC
Catalyst Corporate Federal Credit Union
Control person · since March 1998
Leadership
- Steven P HouleChief Compliance Officer
- Mark DebreePrincipal
- Michael McGinnisDesignated Principal
Staff
- 7 employees
- 6 in advisory functions
- 1 broker-dealer rep
Fees
Cusource is paid through a percentage of assets under management and fixed fees (other than subscription fees).
Cusource’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Cusource has 0 offices, with 1 listed address in 1 state.
Texas · 1 listed address
- 6801 Parkwood Boulevard, PlanoHQ
Registration details
- Legal name
- Cusource, LLC
- Headquarters
- 6801 Parkwood Boulevard, Plano, TX 75024-7198
- Phone
- 800-442-6427
- Website
- Not reported
- SEC file
- 801-35725
- Structure
- Texas LLC
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Cusource have?
Cusource has 80 clients and manages $52.4 billion for them, as of March 2026.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 March 2026
What services does Cusource offer?
Cusource provides portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Cusource use?
Cusource’s separately managed account assets are held at JP Morgan Chase Bank, National Association (n.a.) (Columbus, OH), with $4,409,020,835. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 March 2026
How many financial advisors does Cusource have?
Cusource has 0 investment adviser representatives registered with state securities authorities, out of 7 employees, and 6 perform investment advisory functions. 1 are registered representatives of a broker-dealer and 0 are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Cusource invest in?
At the end of its last fiscal year, Cusource’s separately managed accounts held 100% U.S. government and agency bonds. It advises no private funds of its own.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Cusource?
Cusource’s direct owner is Catalyst Corporate Federal Credit Union (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 27 March 2026
How does Cusource get paid?
Cusource is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file