Fruth Investment Management (Houston)

Name: Fruth Investment Management
Address: 820 Gessner, Houston, TX, 77024 4465
Telephone: 713-464-2283

Fruth Investment Management is a large advisory firm based in Houston. It manages $250.66 million of regulatory assets for 438 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of California, Colorado, Ohio, and Texas.

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

Fruth Investment Management: assets under management

The assets under management (AUM) of Fruth Investment Management is $250.66 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 111% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $250.66 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $572.29 thousand each.

Fruth Investment Management has custody of $36.42 million in cash and securities for 28 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 82% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 15% of the firm’s portfolio. Investments in investment grade corporate bonds form 3% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Fruth Investment Management for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Fruth Investment Management serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Fruth Investment Management is high net worth individuals with 79 clients and $197.19 million of assets under management. Among the 9 most similar advisory firms, Fruth Investment Management has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $250.66 million for 192 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.

Fruth Investment Management doesn't advise any private funds.

Careers at Fruth Investment Management

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 2 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.

Mary Kathryn Nicholson joined the executive team most recently as the Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Richard John Fruth	President /chief compliance officer	1 Jan 1992	50% - 75%	215242
Randi Anne Davisson	Compliance officer	1 Oct 2004	Other	1382054
Susan Catherine Harvey	Chief compliance officer	1 Dec 2007	Other	5500063
Mary Kathryn Nicholson	Vice president	1 Jan 2014	50% - 75%	707263
Mary Kathryn Fruth	Vice president	1 Jan 2014	50% - 75%	707263
Catherine Sherman Woodruff	Chief executive officer	1 Apr 2018	Other	4378132

Based in Houston

The principal office where Fruth Investment Management performs its advisory services is located at 820 Gessner, Houston, TX 77024 4465, 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 713-464-2283 or by fax 713-464-4453. The normal business hours are 8:30am to 5:00pm cst on Monday - Friday. You can find more information about the New York firm at rjfruth.com.