Park Cities Advisors LLC
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Learn more about Park Cities Advisors LLC
Overview
Park Cities Advisors LLC is a financial advisor firm based in Dallas, Texas. The firm oversees $372.9 million in total assets across four client accounts, making it one of the larger firms in the country by assets under management (AUM). It has a small group, including 6 financial advisors. Park Cities Advisors LLC is not a registered broker-dealer, meaning the firm cannot buy and sell securities for its accounts and those of its customers and instead is required to go through a broker-dealer company to do so. Securities are defined as tradable fiscal investments like bonds, options and stocks.
Park Cities Advisors LLC administers all of its accounts in a discretionary manner. Discretionary management signifies that buy and sell choices for the client's account are made by an investment advisor without requiring client authorization. The company oversees about $93.2 million for every customer account. An average advisor at Park Cities Advisors LLC oversees fewer than one client account, making it one of the most individualized financial advisor firms in the country.
The company's main office is located at 8214 Westchester Drive, Dallas, Texas 75225. The company is registered to serve clients in the state of Texas.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Park Cities Advisors LLC by the Numbers
$372.9 million
12
4
$93.2 million
Fee Structure
A financial advisor's fees are based on which services the firm provides the client. Fee types billed by the company most likely include the following fee types: asset-based, fixed or performance-based. Park Cities Advisors LLC does not participate in a wrap fee program, in which the company offers a bundle of services for a comprehensive fee.
Available
-
Offered by 69% of firms
Percentage of Assets
-
Offered by 26% of firms
Performance-based
-
Offered by 32% of firms
Fixed
Unavailable
Types of Clients
The company caters to pooled investment vehicles. Out of its four accounts, Park Cities Advisors LLC's largest client type is pooled investment vehicles. None of the firm's customers are from outside of the U.S.
- High-Net-Worth Individuals* - 0%
- Other Individuals - 0%
- Corporations - 100%
- 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
Park Cities Advisors LLC does not have any disclosures.
Please visit its Form ADV for more details.
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