South Texas Money Management, Ltd. (San Antonio)


South Texas Money Management, Ltd. is a large advisory firm based in San Antonio. It manages $3.39 billion of regulatory assets for 3,258 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Colorado, and 7 other states.

South Texas Money Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, publication of newsletters, and educational seminars and workshops. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

South Texas Money Management: assets under management

The assets under management (AUM) of South Texas Money Management, Ltd. is $3.39 billion. The firm's AUM has grown by 6554% since the beginning of its operation, and $1.95 million of the total AUM is attributable to clients outside of the United States.

The firm manages $3.34 billion in discretionary accounts and $47.91 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.03 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.77 million.

Investments

The firm invests in exchange traded securities the most. They account for 66% of the total AUM. The second-largest asset type is state and local bonds, which make up 22% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay South Texas Money Management, Ltd. for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients James Robert Kee serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of James Robert Kee is high net worth individuals with 651 clients and $2.12 billion of assets under management. Among the 13 most similar advisory firms, South Texas Money Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $3.39 billion for 1,582 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.

South Texas Money Management doesn't advise any private funds.

Careers at South Texas Money Management, Ltd.

The company employs 62 people that are either part- or full-time employees. 48 percent of the employees work as investment advisers or researchers. 23 employees are registered as investment adviser representatives with the state securities authorities.

There are 5 people 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.

James Robert Kee has been acting as President since 1 Apr 2011. Earl C. Rabke Iii. joined the executive team most recently as the Trustee.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Llc Baruch Management General partner 1 Oct 2000 Other 74-2977962
Llc Baruch Managment General partner 1 Oct 2000 75% - 100% 74-2977962
Gst Trust William I. Wyatt Jr. Trustee Earl C. Rabke Iii Limited partner 1 Apr 2003 Other 47-6257601
Gst Trust Earl C. Rabke Iii Trustee Earl C. Rabke Iii Limited partner 1 Apr 2003 Other 47-6257601
Madelon Yanta Leone Sr. investment officer/compliance officer 1 Apr 2003 Other 1580132
Gst Trust Earl C. Rabke Iii Limited partner 1 Apr 2003 Other 47-6257601
Tobin Rice Calvert Limited partner 1 Oct 2003 Other 1481214
Mark Musgrave Johnson Limited partner 1 Oct 2003 Other 2602358
Sylvia Pena Chief operations officer 1 Mar 2004 Other 2428838
Susan Louise Ludwigson Chief financial officer 1 May 2004 Other 2905800
Christian Geise Herff Chief compliance officer 1 Jun 2006 Other 2409290
Michelle Villasenor Romero Chief operations officer/diretcor of equity research 1 Jun 2006 Other 5183150
Ronald Baruch Weiss Chief financial officer 1 Nov 2009 Other 5494043
John Lance Lahourcade Managing director/limited partner 1 Apr 2011 Other 834181
James Robert Kee President/chief economist/limited partner 1 Apr 2011 Other 4485278
Christian Geise Herff Managing director/limited partner 1 Apr 2011 Other 2409290
Teri Michaelle Grubb Chief compliance officer 1 Jun 2011 Other 4798607
Teri Michaelle Grubb Chief operations officer/evp/ limited partner 1 Sep 2011 Other 4798607
Christina S Markell Balleza Chief compliance officer/gen counsel/evp/limited partner 1 Sep 2011 Other 5993913
John W Wyatt Limited partner 1 Jan 2012 Other xxx-xx-xxxx
W Richey Wyatt Limited partner 1 Jan 2012 Other xxx-xx-xxxx
Lisa Dawn Fox Managing director/limited partner 1 May 2014 Other 4117306
Spencer D Brown Chief compliance officer 1 Oct 2015 Other 6569603
Louisa Catharine Guthrie Managing director 1 Jan 2017 Other 2489036
Marcy Jean Barnett Chief financial officer 1 Aug 2017 Other 6933177
The Jeanie Rabke Wyatt Management Trust Limited partner 1 Jul 2019 50% - 75% 83-6914433

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
Jeanie Wyatt Managing member 1 Oct 2000 75% - 100% 4427698
Earl C. Rabke Iii. Manager 1 Mar 2019 Other 7091481
Earl C. Rabke Iii. Trustee 1 Jul 2019 Other 7091481
Lauren P. Mclaughlin Trustee 1 Jul 2019 Other 7160914

Based in San Antonio

The principal office where South Texas Money Management, Ltd. performs its advisory services is located at 700 N. St. Mary's Street, Suite 100, San Antonio, TX 78205, which is also the mailing address of the firm. An additional office of the firm is in Austin, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 210-824-8916 or by fax 210-824-8718. The normal business hours are 8:00 am to: 5:00 pm on Monday - Friday. You can find more information about the New York firm at stmmltd.com.