Investment Advisory Services, Inc (The Woodlands)

Name: Investment Advisory Services, Inc
Address: 9303 New Trails Drive, The Woodlands, TX, 77381
Telephone: 281-364-0606

Investment Advisory Services, Inc is a large advisory firm based in The Woodlands. It manages $320.03 million of regulatory assets for 640 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Louisiana, Oklahoma, and Texas.

Investment Advisory Services provides portfolio management for individuals and small businesses and investment consultation for individuals. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Investment Advisory Services: assets under management

The assets under management (AUM) of Investment Advisory Services, Inc is $320.03 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1110% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $320.03 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $500.05 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 62% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 21% of the firm’s portfolio. Investments in government bonds form 11% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Investment Advisory Services, Inc for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients John Lester Haynes serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of John Lester Haynes is high net worth individuals with 79 clients and $265.98 million of assets under management. Among the 5 most similar advisory firms, Investment Advisory Services has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $320.03 million for 165 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Investment Advisory Services doesn't advise any private funds.

Careers at Investment Advisory Services, Inc

The company employs 7 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

John Lester Haynes has been acting as President since 1 Jan 2015. Stephanie Ann Lawrence joined the executive team most recently as the Vp Operations/Client Service.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Lester Haynes	President	1 Mar 1994	75% - 100%	1542455
Richard Kent Samuel	Vice president	1 Mar 2001	Other	4534559
Richard Kent Samuel	Vice president/chief compliance officer	1 Aug 2004	Other	4534559
Linda Ann Stanton Baulch	Vice president/chief compliance officer	1 Mar 2011	Other	2354964
John Lester Haynes	President / chief compliance officer	1 Jul 2013	75% - 100%	1542455
John Lester Haynes	President	1 Jan 2015	75% - 100%	1542455
Cassandra Jane Haynes	Chief compliance officer	1 Jan 2015	Other	1152991
Stephanie Ann Lawrence	Vp operations/client service	1 Oct 2015	Other	6295658

Based in The Woodlands

The principal office where Investment Advisory Services, Inc performs its advisory services is located at 9303 New Trails Drive, The Woodlands, TX 77381, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 281-364-0606 or by fax 281-298-7008. The normal business hours are 8:30 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at iastexas.com.