Investec Advisory Group, L.P. (Houston)

Name: Investec Advisory Group, L.P.
Address: 4900 Woodway, Houston, TX, 77056
Telephone: 713-622-9111

Investec Advisory Group, L.P. is a large advisory firm based in Houston. It manages $531.67 million of regulatory assets for 1,014 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of California, Louisiana, New York, and Texas.

Investec Advisory Group provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Investec Advisory Group: assets under management

The assets under management (AUM) of Investec Advisory Group, L.P. is $531.67 million. The firm's AUM has grown by 343% since the beginning of its operation, and $2.2 million of the total AUM is attributable to clients outside of the United States.

The firm manages $488.61 million in discretionary accounts and $43.06 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $501.14 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.1 million.

Investec Advisory Group has custody of $83.19 million in cash and securities for 91 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 94% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 4% of the firm’s portfolio. Investments in exchange traded securities form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Investec Advisory Group, L.P. for their services and products based on a percentage of assets under management and fixed fees. 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 Investec Advisory Group serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Investec Advisory Group is high net worth individuals with 128 clients and $464.01 million of assets under management. Among the 7 most similar advisory firms, Investec Advisory Group has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $531.67 million for 280 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Investec Advisory Group doesn't advise any private funds.

Careers at Investec Advisory Group, L.P.

The company employs 9 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 6 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 compensates 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
John Goott	President, chief compliance officer	1 May 2000	Other	1041235
Llc Investec Group Holdings	General partner	1 May 2000	Other	76-0647217
Clark Monroe Blackman	Managing director	1 May 2000	Other	1261505
Daniel Ryan Goott	Chief compliance officer, partner	1 Jul 2012	Other	3214003
Llc Jhb Holdings	Owner	1 Feb 2014	75% - 100%	46-4755690

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
John Goott	Managing member	1 Feb 2014	75% - 100%	1041235

Based in Houston

The principal office where Investec Advisory Group, L.P. performs its advisory services is located at 4900 Woodway, Houston, TX 77056, 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 713-622-9111 or by fax 713-993-0253. The normal business hours are 8:30 am - 5:30 pm on Other. You can find more information about the New York firm at investec.us.