Sarofim Fayez & Co (Houston)

Name: Sarofim Fayez & Co
Address: Two Houston Center, Houston, TX, 77010 1014
Telephone: 713-654-4484

Sarofim Fayez & Co is a large advisory firm based in Houston. It manages $22.01 billion of regulatory assets for 3,718 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

Sarofim Fayez & provides portfolio management for individuals and small businesses, portfolio management for investment companies, 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.

Sarofim Fayez &: assets under management

The assets under management (AUM) of Sarofim Fayez & Co is $22.01 billion. The firm's AUM has gone down by -57% since the beginning of its operation, and $77.21 million of the total AUM is attributable to clients outside of the United States.

The firm manages $21.14 billion in discretionary accounts and $874.82 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $5.73 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $28.22 million.

Investments

The firm invests in exchange traded securities the most. They account for 95% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio. Investments in government bonds form 1% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Sarofim Fayez & Co 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 Jr. William Gentry Lee serves?

The firm provides services to individuals, insurance companies, investment companies, 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 Jr. William Gentry Lee is high net worth individuals with 298 clients and $7.93 billion of assets under management. Among the 10 most similar advisory firms, Sarofim Fayez & has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $22.01 billion for 3,718 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.

Sarofim Fayez & doesn't advise any private funds.

Careers at Sarofim Fayez & Co

The company employs 50 people that are either part- or full-time employees. 36 percent of the employees work as investment advisers or researchers. 17 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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.

Jr. William Gentry Lee has been acting as President since 1 Sep 2010. Fayez Shalaby Sarofim joined the executive team most recently as the Director, Chairman And Co Chief Investment Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Raye Gillis White	Director, executive vice president, secretary, treasurer, chief compliance officer	1 Aug 1958	Other	1124375
Fayez Shalaby Sarofim	Director, president	1 Aug 1958	Other	1124386
Ralph Bowman Thomas	Senior vice president	1 Jun 1968	Other	1124381
William Kline Mcgee	Senior vice president	1 Jun 1969	Other	1124385
Charles Edmund Sheedy	Senior vice president	1 Jan 1971	Other	1501286
Russell Morris Frankel	Senior vice president	1 Jan 1971	Other	4341783
Ralph Bowman Thomas	Senior vice president	1 Jun 1982	Other	1124381
Alice M Youngblood	Vice president	1 Jun 1982	Other	1255729
Charles Edmund Sheedy	Senior vice president	1 Oct 1986	Other	1501286
James Aloysius Reynolds	Vice president	1 Oct 1986	Other	1124380
Inc. Sarofim Holdings	Shareholder	1 Dec 1995	75% - 100%	51-0375612
Robert M. Hopson	Vice president	1 Dec 1998	Other	4341793
Christopher Sarofim	Vice president	1 Sep 1999	Other	2790832
Catherine Elizabeth Paddock	Vice president	1 Nov 2003	Other	1987390
Jr. William Gentry Lee	Vice president	1 Nov 2003	Other	4558092
David Pesikoff	Vice president	1 Nov 2003	Other	2797240
Reynaldo Reza	Vice president	1 Nov 2003	Other	2794248
Elizabeth Braxton Schulze	Vice president	1 Nov 2003	Other	2565776
Manisha Ann Thakor	Vice president	1 Nov 2003	Other	2275942
Daniel Scott Crumrine	Asst. vice president	1 Dec 2005	Other	5513142
John Madison Ratcliff	Vice president	1 May 2007	Other	5513136
William Kline Mcgee	Consultant	1 Oct 2007	Other	1124385
Daniel Scott Crumrine	Vice president and chief financial officer	1 Apr 2008	Other	5513142
Fayez Shalaby Sarofim	Director, chairman and chief executive officer	1 Sep 2010	Other	1124386
Jr. William Gentry Lee	President	1 Sep 2010	Other	4558092
Jeffrey Michael Jacobe	Senior vice president	1 Sep 2010	Other	2523382
Alan Robert Christensen	Vice president and chief operating officer	1 Sep 2010	Other	5404108
Christopher Binyon Sarofim	Vice chairman	1 Sep 2010	Other	2790832
Inc. The Sarofim Group	Shareholder	1 Dec 2011	75% - 100%	51-0375612
John Stafford Rouse	General counsel	1 Aug 2013	Other	5924072
Reynaldo (Nmn) Reza	Senior vice president	1 Aug 2015	Other	2794248
Reynaldo Reza	Senior vice president	1 Aug 2015	Other	2794248
Fayez Shalaby Sarofim	Director, chairman and co-chief investment officer	1 Nov 2015	Other	1124386
Jr. William Gentry Lee	Director, chief executive officer and co-chief investment officer	1 Nov 2015	Other	4558092
Alan Robert Christensen	President and head of investment risk	1 Nov 2015	Other	5404108

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Fayez Shalaby Sarofim	Shareholder	1 Dec 1995	75% - 100%	1124386
Inc. The Sarofim Group	Shareholder	1 Dec 1995	75% - 100%	76-0488615
Christopher Binyon Sarofim	Shareholder	1 Dec 1995	75% - 100%	2790832

Based in Houston

The principal office where Sarofim Fayez & Co performs its advisory services is located at Two Houston Center, Houston, TX 77010 1014, 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 713-654-4484 or by fax 713-654-8184. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at sarofim.com.