Sunbelt Securities, Inc. (Houston)

Name: Sunbelt Securities, Inc.
Address: 2700 Post Oak Blvd Ste 1700, Houston, TX, 77056
Telephone: 713-965-9510

Sunbelt Securities, Inc. is a large advisory firm based in Houston. It manages $419.72 million of regulatory assets for 1,767 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Arizona, Arkansas, California, and 30 other states.

Sunbelt Securities provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Sunbelt Securities: assets under management

The assets under management (AUM) of Sunbelt Securities, Inc. is $419.72 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 519% since the beginning of its operation, and $2.14 million of the total AUM is attributable to clients outside of the United States.

The firm manages $419.72 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $237.53 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 45% of the total AUM. The second-largest asset type is exchange traded securities, which make up 34% of the firm’s portfolio. Investments in pooled investment vehicles form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sunbelt Securities, Inc. 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.

What kind of clients Sunbelt Securities serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Sunbelt Securities is individuals with 1,619 clients and $269.5 million of assets under management. Among the 11 most similar advisory firms, Sunbelt Securities has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $419.72 million for 1,767 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.

Sunbelt Securities doesn't advise any private funds.

Careers at Sunbelt Securities, Inc.

The company employs 47 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 47 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
Thomas Francis Buckley	Financial operations principal	1 Jan 2002	25% - 50%	1563361
David Anthony Smetek	President / secretary	1 Jan 2003	25% - 50%	1246996
Patrick Joseph Smetek	Registered options prinicpal	1 Jan 2004	25% - 50%	1052695
Patrick Joseph Smetek	Chief compliance officer	1 Oct 2004	25% - 50%	1052695
Lisa Lee Gesin	Municipal securities principal	1 Mar 2010	Other	4081195
Raymond Joseph Miller	Office manager/compliance	1 Sep 2014	Other	856248
Dagny Wright Young	Municipal securities principal	1 Apr 2016	Other	2050615

Based in Houston

The principal office where Sunbelt Securities, Inc. performs its advisory services is located at 2700 Post Oak Blvd Ste 1700, Houston, TX 77056, which is also the mailing address of the firm. An additional office of the firm is in Kerrville, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 713-965-9510 or by fax 713-965-9435. The normal business hours are 8:00 a.m. - 4:00 p.m. on Monday - Friday. You can find more information about the New York firm at innovativefinancialpartners.com.