1 St Global Advisors Inc (Dallas)


1 St Global Advisors Inc is a large advisory firm based in Dallas. It manages $10.82 billion of regulatory assets for 30,580 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

1 St Global 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 prepares financial plans for approximately 30,500 clients. On top of advisory services, the firm doesn't engage in other business activities.

1 St Global Advisors: assets under management

The assets under management (AUM) of 1 St Global Advisors Inc is $10.82 billion. The firm's AUM has grown by 1599% since the beginning of its operation, and $55.94 million of the total AUM is attributable to clients outside of the United States.

The firm manages $7.95 billion in discretionary accounts and $2.87 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $304.31 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $643.37 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 66% of the total AUM. The second-largest asset type is exchange traded securities, which make up 24% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay 1 St Global Advisors Inc for their services and products based on a percentage of assets under management and fixed fees. 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 Todd Christopher Mackay serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Todd Christopher Mackay is individuals with 25,889 clients and $5.07 billion of assets under management. Among the 7 most similar advisory firms, 1 St Global Advisors has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $10.82 billion for 30,580 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

1 St Global Advisors doesn't advise any private funds.

Careers at 1 St Global Advisors Inc

The company employs 976 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 791 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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 receive compensation from other entities for client referrals.

Todd Christopher Mackay has been acting as President since 1 May 2019. Enrique Martin Vasquez joined the executive team most recently as the President.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Stephen Anthony Batman President and director 1 May 1992 Other 1678685
Inc. 1st Global Stockholder 1 Aug 1994 75% - 100% 75-2505998
Lynne Leeanne Mabry Executive vice president 1 Apr 1999 Other 3179207
Michael Anthony Pagano Executive vice president and chief compliance officer 1 May 2001 Other 2693795
Thomas Harry Beier Vice president operations 1 Jan 2002 Other 2952703
Everett Paul Stewart Vice president - chief administrative officer 1 Apr 2005 Other 2025188
David Christopher Knoch Vice president 1 Nov 2005 Other 4320245
Stephen Anthony Batman Chairman and ceo 1 Oct 2008 Other 1678685
David Christopher Knoch President and coo 1 Oct 2008 Other 4320245
Robert Joseph Kirk Vice president - chief information officer 1 May 2011 Other 2179168
Matthew Read Mcbride Vice president - chief information officer 1 Sep 2013 Other 6250586
Everett Paul Stewart Executive vice president - chief operating officer 1 Mar 2015 Other 2025188
Jeffrey Scott Magson Executive vice president and client experience officer 1 Mar 2015 Other 2394390
Michael Anthony Pagano Executive vice president, compliance, legal and risk assessment 1 Dec 2015 Other 2693795
Stephen Garrett Smith Cco & director of advisory compliance and centralized compliance controls 1 Dec 2015 Other 4222732
Stephen Garrett Smith Assistant vice president and cco 1 Dec 2017 Other 4222732
Todd Christopher Mackay Director 1 May 2019 Other 2799860
Enrique Martin Vasquez President 1 Jun 2019 Other 2385061
Enrique Martin Vasquez President 1 Jul 2019 Other 2385061

Indirect Owners

The SEC currently registers 5 indirect owners.

Name Entity Date acquired Ownership Employer ID
Inc. Hdv Holdings Shareholder 1 May 2019 75% - 100% 45-2754255
Inc. Project Baseball Sub Shareholder 1 May 2019 75% - 100% 47-5254878
Inc. Taxact Holdings Shareholder 1 May 2019 75% - 100% 20-4487290
Inc. Blucora Shareholder 1 May 2019 75% - 100% 91-1718107
Llc 1g Acquisitions Shareholder 1 May 2019 75% - 100% 83-4218097

Based in Dallas

The principal office where 1 St Global Advisors Inc performs its advisory services is located at 12750 Merit Drive, Dallas, TX 75251, which is also the mailing address of the firm. An additional office of the firm is in Irving, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 214-294-5000 or by fax 214-294-5043. The normal business hours are 8:00-5:00 on Monday - Friday. You can find more information about the New York firm at fa-dfwb.1stglobal.com.