TRICORD INVESTMENT ADVISORS

Tricord sources deals primarily through a network of landmen, title attorneys, and probate channels within Oklahoma and neighboring states. The firm targets fragmented, undivided mineral interests that reach the market through estate settlements and family partitions rather than broker-led auctions. This legal-intensive approach relies on the president’s background as an attorney-CPA to clear title and negotiate directly with individual interest holders.

Tricord Investment Advisors operates as a boutique asset manager, not a single-family office, though its structure resembles permanent capital given its decades-long holding periods and lack of fund lifecycles. The firm pools capital from a small, private network of co-investors into partnership vehicles that acquire mineral and surface rights directly. Rex Gooch is the controlling principal and investment decision-maker.

The firm’s primary focus is oil-and-gas royalties and related surface real estate, principally in Oklahoma. While records indicate some real estate holdings outside the mineral portfolio, these appear complementary — contiguous surface parcels that can be assembled alongside mineral rights — rather than a distinct commercial real estate strategy. The firm does not publicly pursue venture, credit, or public-equity strategies.

Tricord concentrates on the Anadarko Basin in Oklahoma, with known historic positions across the SCOOP and STACK plays. The firm’s legal network and multi-decade operating history in Oklahoma give it an edge in acquiring small, fractured interests within these mature producing provinces. Limited positions may extend into Texas and Kansas where geological formations or family mineral-holdings follow Oklahoma basin continuity.

Rex E. Gooch, the firm’s founder and president, is the primary investment decision-maker. His dual background as an attorney and accountant shapes the firm’s emphasis on title curative, legal structuring, and cash-flow underwriting in mineral acquisitions. There is no public indication of an investment committee, CIO, or external advisory board.