Sarofim Realty Advisors Co (Dallas)

Name: Sarofim Realty Advisors Co
Address: 8115 Preston Road, Suite 400, Dallas, TX, 75225 6311
Telephone: 214-692-4200

Sarofim Realty Advisors Co is a large advisory firm based in Dallas. It manages $1.46 billion of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Texas.

Sarofim Realty Advisors provides portfolio management for pooled investment vehicles 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 Realty Advisors: assets under management

The assets under management (AUM) of Sarofim Realty Advisors Co is $1.46 billion. The firm's AUM has grown by 6% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $893.89 million in discretionary accounts and $565.16 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $446.94 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $141.29 million.

Sarofim Realty Advisors has custody of $955.76 million in cash and securities for 3 clients in total and acts as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sarofim Realty Advisors Co for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Sarofim Realty Advisors serves?

The firm provides services to corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Sarofim Realty Advisors is state or municipal government entities with 3 clients and $955.76 million of assets under management. Among the 7 most similar advisory firms, Sarofim Realty Advisors has the highest percentage of state or municipal government entities out of all clients.

The amount of regulatory assets under management is $1.46 billion for 7 clients. None of the firm’s clients are foreign persons or businesses.

Sarofim Realty Advisors also advises several private funds. Namely, four real estate funds. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Sarofim Realty Advisors Co

The company employs 20 people that are either part- or full-time employees. 30 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Sarofim Fayez & Co	Shareholder	1 Dec 1977	75% - 100%	106584
Fayez Shalaby Sarofim	Director, chairman	1 Jul 1982	Other	1124386
Raye Gillis White	Director, secretary, treasurer and chief compliance officer	1 Jul 1982	Other	1124375
Charles Edmund Sheedy	Vice chairman, director, office of investment oversight	1 Jun 1993	Other	1501286
Carey Alvin Galpern	President and director	1 Jun 1993	Other	4363807
Charles Robert Lathem	Vice president	1 Nov 1996	Other	1874337
Stephen Kenneth Bronner	Senior vice president	1 Mar 2000	Other	1644694
David Paul Evemy	Senior vice president	1 Apr 2000	Other	4363832
James Allan Blanchard	Senior vice president	1 Nov 2000	Other	858607
Alice M Youngblood	Vice president	1 Apr 2002	Other	1255729
Jeffrey Charles Chavez	Senior vice president	1 Dec 2002	Other	4650721
William Michael Doramus	Senior vice president	1 Apr 2003	Other	4940656
Lynn Schultz Kehoe	Senior vice president	1 Oct 2004	Other	4482602
Daniel Scott Crumrine	Asst. vice president	1 Dec 2005	Other	5513142
Robert M. Hopson	Vice president	1 Feb 2007	Other	4341793
John Madison Ratcliff	Vice president	1 May 2007	Other	5513136
Daniel Scott Crumrine	Vice president and chief financial officer	1 Apr 2008	Other	5513142
Jr. William Gentry Lee	Senior vice president	1 Sep 2010	Other	4558092
John Stafford Rouse	General counsel	1 Aug 2013	Other	5924072

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Fayez Sarofim & Co.	Shareholder	1 Jul 1982	75% - 100%	76-1312679
Fayez Shalaby Sarofim	Shareholder	1 Dec 1995	75% - 100%	1124386
Inc. The Sarofim Group	Shareholder	1 Dec 1995	75% - 100%	76-0488615
Inc. Sarofim Holdings	Shareholder	1 Dec 1995	75% - 100%	51-0375612
Christopher Binyon Sarofim	Shareholder	1 Dec 1995	75% - 100%	2790832

Based in Dallas

The principal office where Sarofim Realty Advisors Co performs its advisory services is located at 8115 Preston Road, Suite 400, Dallas, TX 75225 6311, which is also the mailing address of the firm. An additional office of the firm is in Houston, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 214-692-4200 or by fax 214-692-4222. The normal business hours are 8:30am - 5:30pm on Monday - Friday. You can find more information about the New York firm at sraco.com.