Brown, Benjamin, A. (Dallas)


Brown, Benjamin, A. is a large advisory firm based in Dallas. It manages $155.79 million of regulatory assets for 307 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida and Texas.

Brown, Benjamin, A 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.

Brown, Benjamin, A: assets under management

The assets under management (AUM) of Brown, Benjamin, A. is $155.79 million. The firm's AUM has grown by 435% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $152.72 million in discretionary accounts and $3.07 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $521.24 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $219.29 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 73% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 24% of the firm’s portfolio. Investments in investment and business development companies form 3% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Brown, Benjamin, A. 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 Brown, Benjamin, A serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Brown, Benjamin, A is high net worth individuals with 59 clients and $149.68 million of assets under management. Among the 10 most similar advisory firms, Brown, Benjamin, A has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $155.79 million for 93 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.

Brown, Benjamin, A doesn't advise any private funds.

Careers at Brown, Benjamin, A.

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. No 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Benjamin A Brown Sole proprietor, chief compliance officer 1 Mar 1990 75% - 100% 2777257

Based in Dallas

The principal office where Brown, Benjamin, A. performs its advisory services is located at 5200 Keller Springs, Dallas, TX 75248 The mailing address of the firm is 5200 Keller Springs, Dallas, TX 75248. An additional office of the firm is in Deerfield Beach, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 214-505-1170. The normal business hours are 8:30-4:30 on Monday - Friday. You can find more information about the New York firm at financialmgmtsvcs.com.

Registered investment advisers similar to Brown, Benjamin, A.