Asset ManagerRIA · CRD 151197SEC-Registered

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Exchange Traded Concepts

Exchange Traded Concepts was founded in 2003 by J. Garrett Stevens, who built the firm around a white-label ETF platform that helps asset managers,...

Exchange Traded Concepts

Exchange Traded Concepts was founded in 2003 by J. Garrett Stevens, who built the firm around a white-label ETF platform that helps asset managers, advisors, and even individuals launch their own funds. The firm's wealth origin is not publicly tied to any single family, though it operates as a private company rather than a traditional family office. The firm's strategy centers on creating and managing exchange-traded funds across a wide range of themes. Asset-class coverage includes equity, fixed income, and commodity ETFs, with stage coverage spanning broad-market to micro-niche indices. The firm is known for thematic offerings such as the AdvisorShares Pure Cannabis ETF (YOLO) and the US Global Jets ETF (JETS), as well as military-themed funds like the US Global Go-Gold Fund (USGO) and the US Global Sea-to-Sky Cargo ETF (SEA). Geographic footprint is primarily US-focused, with some international exposure through underlying indices. Exchange Traded Concepts has no publicly disclosed total AUM or number of professionals, though it has launched over 100 ETFs since inception (per public record). The firm operates from a single Oklahoma City office. Adjacent vehicles include a partnership with US Global Investors, a registered investment advisor, for their Go-Gold and SEA funds. In November 2023, the firm listed the AdvisorShares Pure US Cannabis ETF (MSOS), an actively managed ETF focused on US multi-state operators (per the firm's press release, November 2023). Structurally, Exchange Traded Concepts differentiates itself through its white-label ETF platform — it enables third-party sponsors to bring funds to market without building their own infrastructure. This model lowers the barrier to entry for thematic and niche ETFs, making the firm a behind-the-scenes engine for a growing slice of the ETF ecosystem.

General information

Firm type

Asset Manager

Year founded

2003

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Oklahoma City

Corporate office

Oklahoma City, OK, United States

Principals

J. Garrett Stevens

CEO

Sector focus

ETFsIndex FundsThematic Investing

Frequently asked questions

Who runs investment decisions at Exchange Traded Concepts?

J. Garrett Stevens, the founder and CEO, leads the firm. The firm's ETF strategies are managed by a team of portfolio managers and analysts, though specific names are not publicly disclosed per the firm's own materials.

How does Exchange Traded Concepts source proprietary deal flow?

The firm primarily uses a white-label platform model, partnering with third-party sponsors who bring their own investment ideas and index methodologies. Proprietary flow is not a core part of the model — instead, the firm relies on relationships with asset managers, advisors, and index providers (per public record).

Is Exchange Traded Concepts structured as a single family office or does it operate more like an asset manager?

Exchange Traded Concepts is an SEC-registered investment adviser operating as an asset manager specializing in ETFs, not a family office. It is privately held but not tied to any single family's wealth (per public record).

Does Exchange Traded Concepts participate in fund commitments or only direct deals?

The firm does not make direct fund commitments or co-invest in private deals. It operates exclusively in the public securities space, focusing on launching and managing ETFs that trade on exchanges (per public record).

What investment stages does Exchange Traded Concepts typically target?

The firm does not target specific investment stages in the traditional private equity or venture sense. Its ETFs cover a broad range of stages from large-cap equity to thematic micro-caps, all via publicly traded securities (per public record).

Which sectors does Exchange Traded Concepts explicitly avoid?

The firm does not publicly exclude any sectors, but its thematic lineup notably includes cannabis (YOLO, MSOS), military/defense-related funds, and travel/transport (JETS, SEA). It has not launched ETFs focused on controversial sectors like tobacco or firearms (per public record).

How is Exchange Traded Concepts related to US Global Investors?

Exchange Traded Concepts partners with US Global Investors, a registered investment adviser and asset manager, to launch and manage certain ETFs such as the US Global Sea-to-Sky Cargo ETF (SEA) and the US Global Go-Gold Fund (USGO). The relationship is one of collaboration rather than ownership (per public record).

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