Adams Asset Advisors LLC

CRD#120573
Investment Advisor Firm

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Overview

Adams Asset Advisors LLC operates as a financial advisory company that has its headquarters in Dallas, Texas. Adams Asset Advisors LLC oversees $826.6 million in total assets over 156 accounts, making it one of the larger financial advisory firms in the United States by assets under management (AUM). It has a small team, including 2 financial advisors. Adams Asset Advisors LLC does not act as a registered broker-dealer, signifying that the company is not able to buy and sell securities for its own accounts as well as its clients' and instead has to go through a broker-dealer firm to do so. Securities are defined as exchangable financial assets such as bonds, options and equities.

Adams Asset Advisors LLC oversees the majority of the company's accounts on a discretionary basis. Discretionary management signifies that an investment advisor has the discretion to make buy and sell choices for the client's account without needing to seek the customer's permission. The firm also has 26 non-discretionary accounts totaling $21.6 million in AUM. The firm's typical account size is $5.3 million. The typical financial advisor at Adams Asset Advisors LLC administers about 78 client accounts.

The firm's central office is located at 8150 N. Central Expwy., Dallas, Texas 75206. It is legally registered to provide services to customers across 2 states, including Oklahoma and Texas.

Assets Under Management

$826.6 million

Number of Advisors

2

Disclosures

No

Office Location

8150 N. Central Expwy.
Dallas, TX 75206

Adams Asset Advisors LLC by the Numbers

Total Assets Under Management

$826.6 million

National Average: $8.6 billion
Total Number of Employees

4

National Average: 64
Total Number of Accounts

156

National Average: 375,227
Average Account Size

$5.3 million

National Average: $23.0 thousand
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Fee Structure

Fees charged by financial advisors largely vary depending on the type of services offered. Fees billed by the company typically consist of the following fee type: asset-based. The firm does not participate in a wrap fee program, in which the company offers a bundle of services for a single fee.

Available

  • Offered by 69% of firms

    Percentage of Assets

    Show Explanation

    This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

Unavailable

  • Find one of the 21% of firms that offer this fee type

    Hourly

    Show Explanation

    Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

  • Find one of the 1% of firms that offer this fee type

    Commissions

    Show Explanation

    Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

  • Find one of the 26% of firms that offer this fee type

    Performance-based

    Show Explanation

    Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

  • Find one of the 0% of firms that offer this fee type

    Subscription

    Show Explanation

    Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

  • Find one of the 32% of firms that offer this fee type

    Fixed

    Show Explanation

    Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

  • Find one of the 10% of firms that offer this fee type

    Other

    Show Explanation

    Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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Types of Clients

It works with high net worth investors, investment companies and pension plans. Out of its 156 clients, Adams Asset Advisors LLC's largest client type is high net worth investors, although it also caters to 154 high-net-worth individuals. A high-net-worth individual is defined by the SEC as someone who has at least $750,000 in AUM or a net worth of at least $1.50 million or who is considered a "qualified purchaser" (a standard met by having at least $5 million in investments). None of the company's customers are represented by people from outside of the U.S.

  • High-Net-Worth Individuals* - 98.72%
  • Other Individuals - 0%
  • Corporations - 1.28%
  • Charitable Organizations - 0%

* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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Disclosures

Adams Asset Advisors LLC does not have any disclosures.

Please visit its Form ADV for more details.

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