Brendan Keating is a registered investment advisor at Local Asset Management LLC, based in Las Vegas, NV, with 6 years of industry experience. Brendan operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Real Estate Investing. Their firm serves 4 clients with $65M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Local Asset Management receives a management fee from the Fund, payable monthly. This fee is 1% per year, based on the principal amount of loans made and the original cost of real property acquired during the year. After the initial year, the fee is based on the annual appraised value of the real property and other cash assets. Local Asset Management also receives up to 25% of the Fund's net profits as a performance-based incentive.
Location
3900 S. Hualapai Way, Suite 200, Las Vegas, NV, 89147
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Brendan is a director at Boston Omaha Corporation, dedicating a few hours per week. He is also a manager at 24th Street Asset Management, spending nearly full-time advising on real estate assets and commercial loans, and CEO of Logic Commercial Real Estate, spending a few hours per week guiding the company's direction and holding real estate and mortgage broker licenses.
Employment History
Current Registrations
Local Asset Management LLC
Previous Registrations
24th Street Asset Management LLC
State Registrations1 state
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