St. James Investment Company, LLC (Dallas)

Name: St. James Investment Company, LLC
Address: 3838 Oak Lawn Avenue, Dallas, TX, 75219
Telephone: 214-484-7250

St. James Investment Company, LLC is a large advisory firm based in Dallas. It manages $1.2 billion of regulatory assets for 2,687 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 35 other states.

St. James Investment Company 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.

St. James Investment Company: assets under management

The assets under management (AUM) of St. James Investment Company, LLC is $1.2 billion. The firm's AUM has grown by 447% since the beginning of its operation, and $435.31 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $1.2 billion in discretionary accounts and $8.62 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $449.65 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $297.32 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 70% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 30% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay St. James Investment Company, LLC 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 St. James Investment Company serves?

The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of St. James Investment Company is high net worth individuals with 1,008 clients and $590.56 million of assets under management. Among the 6 most similar advisory firms, St. James Investment Company has the 3rd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.2 billion for 2,288 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.

St. James Investment Company doesn't advise any private funds.

Careers at St. James Investment Company, LLC

The company employs 8 people that are either part- or full-time employees. 25 percent of the employees work as investment advisers or researchers. 5 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 compensates 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
Robert Joseph Mark	Member, manager	1 Mar 1999	50% - 75%	2785947
Brian Christopher Mark	Member	1 Mar 1999	Other	3218604
Robert Joseph Mark	Chief compliance officer	1 Jan 2009	50% - 75%	2785947
Lawrence Joseph Redell	Member	1 Dec 2009	25% - 50%	2785977
William Raney Sachs	Member	1 Dec 2009	Other	1449126
Amy Alice Burson	Chief compliance officer	1 Jun 2011	Other	5153007
Llc Sibelius Holdings	Member	1 Dec 2018	50% - 75%	36-4899466

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Robert Joseph Mark	Trustee	1 Feb 2018	Other	2785947
Rc96 Revocable Living Trust	Member	1 May 2018	75% - 100%	xxx-xx-xxxx

Based in Dallas

The principal office where St. James Investment Company, LLC performs its advisory services is located at 3838 Oak Lawn Avenue, Dallas, TX 75219, 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 214-484-7250 or by fax 214-889-5057. The normal business hours are by appointment only on Other. You can find more information about the New York firm at stjic.com.