First Houston Capital, Inc. (Houston)


First Houston Capital, Inc. is a large advisory firm based in Houston. It manages $125.06 million of regulatory assets for 145 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of Texas.

First Houston Capital provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and publication of newsletters. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

First Houston Capital: assets under management

The assets under management (AUM) of First Houston Capital, Inc. is $125.06 million. The firm's AUM has grown by 160% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $116.06 million in discretionary accounts and $9 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $805.94 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $9 million.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay First Houston Capital, Inc. 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.

Based in Houston

The principal office where First Houston Capital, Inc. performs its advisory services is located at 820 Gessner Road, 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 713-461-0150 or by fax 713-465-1050. The normal business hours are by appointment only on Monday - Friday. You can find more information about the New York firm at firsthoustoncapital.com.