Mcelhenny Sheffield Capital Management, LLC (Dallas)

Name: Mcelhenny Sheffield Capital Management, LLC
Address: 4701 W. Lovers Lane, Dallas, TX, 75209
Telephone: 214-922-9200

Mcelhenny Sheffield Capital Management, LLC is a large advisory firm based in Dallas. It manages $261.3 million of regulatory assets for 983 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of Texas.

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

Mcelhenny Sheffield Capital Management: assets under management

The assets under management (AUM) of Mcelhenny Sheffield Capital Management, LLC is $261.3 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 54% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $261.3 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $265.82 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 74% of the total AUM. The second-largest asset type is investment and business development companies, which make up 14% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mcelhenny Sheffield Capital Management, LLC for their services and products based on a percentage of assets under management 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 Mcelhenny Sheffield Capital Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Mcelhenny Sheffield Capital Management is high net worth individuals with 248 clients and $205.3 million of assets under management. Among the 7 most similar advisory firms, Mcelhenny Sheffield Capital Management has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $259.3 million for 980 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.

Mcelhenny Sheffield Capital Management doesn't advise any private funds.

Careers at Mcelhenny Sheffield Capital Management, LLC

The company employs 10 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 8 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
Bruce M. Fraser	Managing partner and chief compliance officer	1 Mar 2000	50% - 75%	2301904
Bruce Mcelhenny Fraser	Managing partner and chief compliance officer	1 Mar 2000	50% - 75%	2301904
Christine Fraser	Member	1 Jun 2007	25% - 50%	5354660
Mark Yeaman	Member	1 Jun 2007	Other	5354662
Carl G. Dorvil	Member	1 Jan 2016	Other	4939581

Based in Dallas

The principal office where Mcelhenny Sheffield Capital Management, LLC performs its advisory services is located at 4701 W. Lovers Lane, Dallas, TX 75209 The mailing address of the firm is 25 Highland Park Village #100 255, Dallas, TX 75205. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 214-922-9200. The normal business hours are by appointment only on Monday - Friday. You can find more information about the New York firm at mscm.net/.