Ranger Investment Management,L.P. (Dallas)

Name: Ranger Investment Management,L.P.
Address: 2828 N. Harwood Street, Dallas, TX, 75201
Telephone: 214-871-5200

Ranger Investment Management,L.P. is a large advisory firm based in Dallas. It manages $1.24 billion of regulatory assets for 26 client accounts. It has been registered with the SEC as an adviser since 2003.

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

Ranger Investment Management: assets under management

The assets under management (AUM) of Ranger Investment Management,L.P. is $1.24 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 4857% since the beginning of its operation, and $36.32 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.24 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $47.67 million each.

Ranger Investment Management has custody of $105.08 million in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 97% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 3% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Ranger Investment Management,L.P. 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 Ranger Investment Management serves?

The firm provides services to investment companies, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Ranger Investment Management is corporations or other businesses with 5 clients and $581.77 million of assets under management. Among the 11 most similar advisory firms, Ranger Investment Management has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $1.24 billion for 23 clients. 2% of the firm’s clients are foreign persons or businesses.

Ranger Investment Management also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Ranger Investment Management,L.P.

The company employs 24 people that are either part- or full-time employees. 29 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There’s a single person 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
L.L.C. Ranger Investment Group	General partner	1 Oct 2002	Other	02-0660977
Joseph Thomas Labate	Sector manager	1 Nov 2002	Other	3127496
Lp Ranger Capital Group Holdings	Limited partner	1 Jan 2003	75% - 100%	02-0660964
Iii Joseph Whitaker Thompson	Coo/cfo	1 Jan 2003	Other	1524840
Nimrod James Hacker	General counsel	1 Jan 2003	Other	2710190
Llc Ranger Capital Group Holdings	Limited partner	1 Jan 2003	50% - 75%	48-1264945
David Banks Anthony	Limited partner	1 Jan 2003	25% - 50%	871594
Joseph Whitaker Thompson	Chief financial officer	1 Jan 2003	Other	1524840
Andrew Ferguson Hill	Sector manager	1 Jun 2003	Other	2801808
Brian Bartlett Busby	Head trader	1 Jun 2003	Other	6631019
Thomas Eads Burson	Chief compliance officer	1 Jan 2004	Other	1401266
Michael Patrick Mclochun	Sector manager	1 May 2004	Other	2775606
Michael Patrick Mclochlin	Sector manager	1 May 2004	Other	2775606
Thomas Eads Burson	Chief compliance officer	1 Jun 2004	Other	1401266
William Conrad Doenges	Portfolio manager and limited partner	1 Oct 2004	Other	1546036
Brian Evan Graeme	Sector manager	1 Mar 2009	Other	2508886
Nimrod James Hacker	General counsel	1 Jan 2013	Other	2710190
Brown Vickrey Mccullough	Sector manager	1 Feb 2015	Other	6777622
Nimrod James Hacker	General counsel and chief compliance officer	1 Jan 2017	Other	2710190
Andrew Ferguson Hill	Portfolio manager	1 Feb 2017	Other	2801808
Joseph Thomas Labate	Portfolio manager	1 Feb 2017	Other	3127496
David Igor Granik	Sector manager	1 Feb 2018	Other	4528750
Mark Hasbani	Chief compliance officer	1 Feb 2019	Other	7084284

Indirect Owners

The SEC currently registers 9 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Samuel Evans Wyly	Managing member	1 Jul 2002	75% - 100%	4574856
Samuel Evans Wyly	Limited partner of ranger capital group holdings, l.p.	1 Oct 2002	75% - 100%	4574856
L.L.C. Ranger Capital Group	General partner of ranger capital group holdings, l.p.	1 Dec 2002	Other	48-1264945
L.L.C. Ranger Capital Group	General partner of ranger capital group holdings, l.p.	1 Jan 2003	Other	48-1264945
Jason Christopher Elliott	Manager	1 Jan 2005	75% - 100%	4471190
Kenneth Scott Canon	Limited partner	1 Jan 2005	25% - 50%	1777291
Jason Christopher Elliott	Manager	1 Mar 2005	75% - 100%	4471190
Jason Christopher Elliott	Limited partner	1 Jan 2009	75% - 100%	4471190
Ltd Ute Partners	Limited partner	1 Jan 2009	25% - 50%	26-4381190

Based in Dallas

The principal office where Ranger Investment Management,L.P. performs its advisory services is located at 2828 N. Harwood Street, Dallas, TX 75201, 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 214-871-5200 or by fax 214-871-5201. The normal business hours are 8:00-5:00 cst on Monday - Friday. You can find more information about the New York firm at rangerinvestments.com.