Sfmg Wealth Advisors
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Overview
Sfmg Wealth Advisors is a financial advisory company located in Plano, Texas. The company handles $1.9 billion in assets over 3,633 customer accounts, making it one of the largest financial advisory firms in the country by assets under management (AUM). It has a small team, including 17 financial advisors. Sfmg Wealth Advisors does not act as a registered broker-dealer, meaning the company cannot buy and sell securities for its own accounts as well as its customers' and instead is required to go through a broker-dealer company to do so. Securities are defined as exchangable financial investments like equities, options and bonds.
Sfmg Wealth Advisors oversees more than half of the company's client assets on a discretionary basis. Discretionary management is a structure in which buy and sell choices are made by a portfolio manager without requiring the customer's permission. The company also oversees 466 non-discretionary accounts totaling $163.7 million in assets. The company oversees about $518,841 in assets for each client account. The average financial advisor at Sfmg Wealth Advisors manages about 214 client accounts.
The company's main office is at 7800 Dallas Parkway, Plano, Texas 75024. The firm is legally allowed to provide services to customers throughout 11 U.S. states and territories.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Sfmg Wealth Advisors by the Numbers
$1.9 billion
36
3,633
$518.8 thousand
Products and Services
Sfmg Wealth Advisors provides a number of financial services, which can include financial planning services, portfolio management for individuals and small businesses, portfolio management for institutional clients and selection of other advisers. In the past financial year, Sfmg Wealth Advisors provided 251-500 of its accounts with financial planning services. It does not sell products or offer services other than investment advice to its investment advisory clients.
Core Advisor Services
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Offered by 31% of firms
Financial Planning Services
This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.
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Offered by 46% of firms
Portfolio Management
This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.
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Find a firm that offers this service
Market Timing Services
This is the practice of attempting to make short-term profits on investments by buying low and selling high.
Other Services
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Offered by 20% of firms
Selection of Other Advisors
This is the firm's assistance with choosing other advisors to work with who may have different specialties.
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Publication of Periodicals
This is the publication of various financial education materials.
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Educational Seminars/Workshops
This is the hosting of seminars or workshops to educate investors on financial concepts.
Fee Structure
Fees for financial management typically depend on which service is provided. However, fees charged by the firm most likely include the following fee structures: asset-based or fixed. The firm does not provide a wrap fee program, in which the firm offers a bundle of services for a comprehensive fee.
Available
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Offered by 69% of firms
Percentage of Assets
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Offered by 32% of firms
Fixed
Unavailable
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Find one of the 21% of firms that offer this fee type
Hourly
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Find one of the 1% of firms that offer this fee type
Commissions
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Find one of the 26% of firms that offer this fee type
Performance-based
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Find one of the 0% of firms that offer this fee type
Subscription
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Find one of the 10% of firms that offer this fee type
Other
Types of Clients
The company caters to retail investors, high net worth investors, pension plans and charitable organizations. Out of its 3,633 customers, Sfmg Wealth Advisors's biggest client type is retail investors, though it also manages money for 427 high-net-worth individuals. A high-net-worth individual is defined by the SEC as an individual who has at least $750,000 under management 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 its customers reside abroad.
- High-Net-Worth Individuals* - 49.14%
- Other Individuals - 50.63%
- Corporations - 0.12%
- Charitable Organizations - 0.12%
* 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
Sfmg Wealth Advisors does not have any disclosures.
Please visit its Form ADV for more details.
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Financial Advisors at Sfmg Wealth Advisors
Plano, TX
Plano, TX
Plano, TX
Plano, TX
Plano, TX
Plano, TX
Plano, TX
Plano, TX
Plano, TX
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