Scott & Selber Inc Capital Managment (Houston)

Scott & Selber Inc Capital Managment is a large advisory firm based in Houston. It manages $268.32 million of regulatory assets for 136 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Louisiana and Texas.

Scott & Selber Inc Capital Managment provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Scott & Selber Inc Capital Managment: assets under management

The assets under management (AUM) of Scott & Selber Inc Capital Managment is $268.32 million. The firm's AUM has gone down by -8% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $240.91 million in discretionary accounts and $27.41 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.9 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.05 million.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Scott & Selber Inc Capital Managment 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.

Careers at Scott & Selber Inc Capital Managment

Jack Ira Selber has been acting as President since 1 Oct 1986. Curtis Leroy Scott joined the executive team most recently as the Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jack Ira Selber	President	1 Oct 1986	75% - 100%	715788
Curtis Leroy Scott	Vice-president	1 Oct 1986	25% - 50%	712964

Based in Houston

The principal office where Scott & Selber Inc Capital Managment performs its advisory services is located at 5075 Westheimer, Houston, TX 77056, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.