Cashen Investment Advisors Inc is a large advisory firm based in Dallas. It manages $767 million of regulatory assets for 98 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Colorado, Florida, and 7 other states.
Cashen Investment Advisors provides portfolio management for individuals and small businesses 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.
The assets under management (AUM) of Cashen Investment Advisors Inc is $767 million. The firm's AUM has grown by 233% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Cashen Investment Advisors Inc for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, and banking or thrift institutions. The largest group of clients of Shack Bennett Cashen is banking or thrift institutions with 7 clients and $698.81 million of assets under management. Among the 11 most similar advisory firms, Cashen Investment Advisors has the highest percentage of banking or thrift institutions out of all clients.
The amount of regulatory assets under management is $748.56 million for 94 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.
Cashen Investment Advisors doesn't advise any private funds.
The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives 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.
Shack Bennett Cashen has been acting as President since 1 Dec 1988. Linda Lee Cashen joined the executive team most recently as the Trader.
The principal office where Cashen Investment Advisors Inc performs its advisory services is located at 13760 Noel Road, Dallas, TX 75240 The mailing address of the firm is 13760 Noel Road, Dallas, TX 75240. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 972-715-1860 or by fax 214-351-7988. The normal business hours are 8:00am to 5:00pm on Monday - Friday.