{"url":"https://nivawealth.com/firms/foundation-energy-management-161141","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/161141","regulatoryAum":270343209,"crd":"161141","history":[{"filedOn":"2021-04-26","regulatoryAum":337670944,"clients":9,"employees":130,"offices":3},{"filedOn":"2022-06-20","regulatoryAum":429994841,"clients":9,"employees":130,"offices":2},{"filedOn":"2023-04-28","regulatoryAum":501732834,"clients":9,"employees":120,"offices":2},{"filedOn":"2024-04-24","regulatoryAum":360380987,"clients":9,"employees":120,"offices":1},{"filedOn":"2025-04-08","regulatoryAum":308092958,"clients":9,"employees":120,"offices":1},{"filedOn":"2026-04-22","regulatoryAum":270343209,"clients":6,"employees":110,"offices":1}],"secFileNumber":"801-73633","legalName":"Foundation Energy Management, LLC","displayName":"Foundation Energy Management","slug":"foundation-energy-management-161141","website":"https://foundationenergy.com/","classification":{"segment":"private_funds","segmentLabel":"Private funds","type":"private_fund_manager","typeLabel":null,"feeDisclosure":"payment_only"},"founded":null,"organization":"Texas limited liability company","fiscalYearEnd":"December","headquarters":{"street":"5057 Keller Springs Road, Suite 650","city":"Addison","state":"TX","stateName":"Texas","country":"United States","postalCode":"75001"},"tradeNames":["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."],"registration":{"secApproved":"16 March 2012","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":110,"advisory":10,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":270343209,"discretionary":270343209,"discretionaryAccounts":6,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":6,"regulatoryAum":270343209}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Foundation Energy Management has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Eddie Rhea","title":"Chief Executive Officer, Foundation Energy Management, LLC","crd":"6024886"},{"name":"Lance Bentley","title":"President, Foundation Energy Management, LLC","crd":"8239119"},{"name":"Jeffrey Stark","title":"Chief Compliance Officer, Foundation Energy Management, LLC","crd":"6026993"}],"ownership":[{"label":"Foundation Energy Company, LLC","detail":"Sole member, foundation energy management, llc in the 75% or more ownership band and a control person, since April 2005."},{"label":"Eddie Rhea","detail":"Indirect owner: a elected manager and member of Foundation Energy Company, LLC in the 25% to 50% band and a control person, since July 2004.","parent":"Foundation Energy Company, LLC"},{"label":"Cornelius Dupre","detail":"Indirect owner: elected manager and member of Foundation Energy Company, LLC and a control person, since May 2005.","parent":"Foundation Energy Company, LLC"},{"label":"William Thompson","detail":"Indirect owner: elected manager and member of Foundation Energy Company, LLC and a control person, since May 2005.","parent":"Foundation Energy Company, LLC"},{"label":"Peter Brockett","detail":"Indirect owner: elected manager and member of Foundation Energy Company, LLC and a control person, since May 2005.","parent":"Foundation Energy Company, LLC"},{"label":"Julie Garvin","detail":"Indirect owner: elected manager of Foundation Energy Company, LLC and a control person, since August 2017.","parent":"Foundation Energy Company, LLC"},{"label":"Jeffrey Stark","detail":"Indirect owner: elected manager and member of Foundation Energy Company, LLC and a control person, since July 2024.","parent":"Foundation Energy Company, LLC"},{"label":"Alexandra White","detail":"Indirect owner: elected manager of Foundation Energy Company, LLC and a control person, since July 2024.","parent":"Foundation Energy Company, LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Texas","offices":1,"addresses":[{"street":"5057 Keller Springs Road, Suite 650","city":"Addison","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"972-707-2500","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)"],"financialPlanningClients":null,"assetMix":[],"privateFunds":6},"sources":{"adv1FilingDate":"22 April 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/161141/PDF/161141.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Foundation Energy Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Foundation Energy Management offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Foundation Energy Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Foundation Energy Management?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Foundation Energy Management get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Foundation Energy Management?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 22 April 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}