Your Advocates, Ltd., LLP is a large advisory firm based in Houston. It manages $233.25 million of regulatory assets for 990 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Louisiana and Texas.
Your Advocates, Ltd. provides financial planning services, 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.
The assets under management (AUM) of Your Advocates, Ltd., LLP is $233.25 million. The firm's AUM has grown by 22% 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 Your Advocates, Ltd., LLP 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Your Advocates, Ltd. is high net worth individuals with 85 clients and $210.74 million of assets under management. Among the 12 most similar advisory firms, Your Advocates, Ltd. has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $233.25 million for 132 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.
Your Advocates, Ltd. also advises several private funds. Namely, one private equity fund. The minimum investment commitment required of non-related persons is $20,000 for each fund.
The company employs 8 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 4 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.
The principal office where Your Advocates, Ltd., LLP performs its advisory services is located at 920 Memorial City Way, Houston, TX 77024, 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 713-827-8014 or by fax 713-827-0493. The normal business hours are 8:30 a.m. - 5 p.m. on Monday - Friday. You can find more information about the New York firm at youradvocates.com.