Foundation Energy Management provides portfolio management for pooled vehicles. The firm advises 6 private funds.
Foundation Energy Management reports 6 pooled investment vehicles. These counts refer to investment vehicles, rather than the individual investors in them. Of its assets, 100.0% ($270M across 6 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Pooled investment vehicles | 100% | 100% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 6 | $270M | 100.0% | $45.1M |
| Total | 6 | $270M | 100% | $45.1M |
- Clients
- 6
- Regulatory AUM
- $270M
- AUM share
- 100.0%
- Avg. per client
- $45.1M
Total
- Clients
- 6
- Regulatory AUM
- $270M
- AUM share
- 100%
- Avg. per client
- $45.1M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 6
Foundation Energy Management is paid through a percentage of assets under management and performance-based fees; its fees and minimums are set out in its brochures on the SEC website.
Foundation Energy Company, LLC owns 75% or more of Foundation Energy Management and is in turn owned by Eddie Rhea (25–50%). Eddie Rhea is CEO; the leadership team includes President Lance Bentley and Chief Compliance Officer Jeffrey Stark. It has 110 employees, 10 of them in advisory roles.
Staff
- 110 employees
- 10 in advisory functions
- Owns 75% or more of Foundation Energy Management, LLC
Foundation Energy Company, LLC
Control person · since April 2005
- Owns 25% to 50% of Foundation Energy Company, LLC
Eddie Rhea
Control person · since July 2004
Cornelius Dupre
Elected manager and member · Control person · since May 2005
William Thompson
Elected manager and member · Control person · since May 2005
Peter Brockett
Elected manager and member · Control person · since May 2005
Julie Garvin
Elected manager · Control person · since August 2017
Jeffrey Stark
Elected manager and member · Control person · since July 2024
Alexandra White
Elected manager · Control person · since July 2024
Foundation Energy Management’s regulatory assets fell from $338M (April 2021) to $270M (April 2026); clients fell from 9 to 6 and employees from 130 to 110.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Apr 2026April 2026 | $270M | 6 | 110 | 1 |
| Apr 2025April 2025 | $308M | 9 | 120 | 1 |
| Apr 2024April 2024 | $360M | 9 | 120 | 1 |
| Apr 2023April 2023 | $502M | 9 | 120 | 2 |
| Jun 2022June 2022 | $430M | 9 | 130 | 2 |
| Apr 2021April 2021 | $338M | 9 | 130 | 3 |
Besides its headquarters, Foundation Energy Management has 0 offices, with 1 listed address in 1 state.
Texas · 1 listed address
- 5057 Keller Springs Road, Suite 650, AddisonHQ
Other business names
Foundation Energy Management has reported 6 other business names to the SEC.
- Foundation Energy Company III - GP, L.L.C. ("Relying Adviser")
- Foundation Energy Company IV - GP, L.L.C. ("Relying Adviser")
- Foundation Energy Company V - GP, L.L.C. ("Relying Adviser")
- Foundation Energy Company VI - GP, LLC ("Relying Adviser")
- Foundation Energy Company VII - GP, LLC ("Relying Advisor")
- Foundation Energy Company, L.L.C.
Contact and registration details
- Legal name
- Foundation Energy Management, LLC
- Headquarters
- 5057 Keller Springs Road, Suite 650, Addison, TX 75001
- Website
- foundationenergy.com
- Phone
- 972-707-2500
- SEC file
- 801-73633
- Structure
- Texas LLC
- Fiscal year end
- December
Foundation Energy Management has custody of client assets.
How many clients does Foundation Energy Management have?
Foundation Energy Management has 6 clients and manages $270 million for them, as of April 2026. They include 6 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 22 April 2026
What services does Foundation Energy Management offer?
Foundation Energy Management provides portfolio management for pooled vehicles.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How many financial advisors does Foundation Energy Management have?
Foundation Energy Management has 0 investment adviser representatives registered with state securities authorities, out of 110 employees, and 10 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
Who owns Foundation Energy Management?
Foundation Energy Management is owned through a holding company by Eddie Rhea. Its direct owner is Foundation Energy Company, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 22 April 2026
How does Foundation Energy Management get paid?
Foundation Energy Management is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Foundation Energy Management?
Foundation Energy Management’s main office is at 5057 Keller Springs Road, Suite 650, Addison, TX 75001. Its phone number is 972-707-2500. Its website is foundationenergy.com.