Rhodes Investment Advisors, Inc. (Fort Worth)


Rhodes Investment Advisors, Inc. is a large advisory firm based in Fort Worth. It manages $226.89 million of regulatory assets for 950 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Kansas, Louisiana, New Mexico, and 3 other states.

Rhodes Investment Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Rhodes Investment Advisors: assets under management

The assets under management (AUM) of Rhodes Investment Advisors, Inc. is $226.89 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $103.27 million in discretionary accounts and $123.62 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $282.93 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $211.32 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 61% of the total AUM. The second-largest asset type is exchange traded securities, which make up 27% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Rhodes Investment Advisors, Inc. for their services and products based on a percentage of assets under management, hourly charges, and commissions. 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 Rhodes Investment Advisors serves?

The only and largest group of clients of Rhodes Investment Advisors is individuals with 950 clients and $226.89 million of assets under management. Among the 8 most similar advisory firms, Rhodes Investment Advisors has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $226.89 million for 950 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.

Rhodes Investment Advisors doesn't advise any private funds.

Careers at Rhodes Investment Advisors, Inc.

The company employs 12 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 12 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
Jim Gordon Rhodes Shareholder 1 Aug 1992 75% - 100% 813870
J. Gordon Rhodes President, cco 1 Dec 2008 Other 4763582

Based in Fort Worth

The principal office where Rhodes Investment Advisors, Inc. performs its advisory services is located at 306 West 7 Th Street, Fort Worth, TX 76012, 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 817-334-0455 or by fax 817-334-0063. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at rhodessecurities.com.