First Command Bank (Fort Worth)

Name: First Command Bank
Address: 1 Firstcomm Plaza, Fort Worth, TX, 76109 4999
Telephone: 888-763-7603

First Command Bank is a large advisory firm based in Fort Worth. It manages $645.69 million of regulatory assets for 3,690 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.

First Command Bank provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for approximately 1,500 clients. On top of advisory services, the firm doesn't engage in other business activities.

First Command Bank: assets under management

The assets under management (AUM) of First Command Bank is $645.69 million. The firm's AUM has grown by 250% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $633.9 million in discretionary accounts and $11.79 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $175.35 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $157.15 thousand.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay First Command Bank 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.

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
First Command Financial Planning Employee Stock Ownership Plan And Trust	Owner	1 Nov 2002	75% - 100%	82-0570170
Colin Maxwell Henderson	Trustee	1 Nov 2002	75% - 100%	2619506

Based in Fort Worth

The principal office where First Command Bank performs its advisory services is located at 1 Firstcomm Plaza, Fort Worth, TX 76109 4999 The mailing address of the firm is P.O. Box 901075, Fort Worth, TX 76101. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 888-763-7603 or by fax 817-569-2420. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.firstcommandbank.com.

First Command Bank (Fort Worth)

First Command Bank: assets under management

Fees & Commissions

Indirect Owners

Based in Fort Worth

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