Highland Capital Management Fund Advisors, L.P. (Dallas)


Highland Capital Management Fund Advisors, L.P. is a large advisory firm based in Dallas. It manages $3.39 billion of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of Texas.

Highland Capital Management Fund Advisors provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Highland Capital Management Fund Advisors: assets under management

The assets under management (AUM) of Highland Capital Management Fund Advisors, L.P. is $3.39 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 13% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $3.39 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $260.73 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Highland Capital Management Fund Advisors, L.P. 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 James Bradley Ross serves?

The only and largest group of clients of James Bradley Ross is investment companies with 13 clients and $3.39 billion of assets under management. Among the 11 most similar advisory firms, Highland Capital Management Fund Advisors has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $3.39 billion for 13 clients. None of the firm’s clients are foreign persons or businesses.

Highland Capital Management Fund Advisors doesn't advise any private funds.

Careers at Highland Capital Management Fund Advisors, L.P.

The company employs 38 people that are either part- or full-time employees. 37 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

James Bradley Ross has been acting as President since 1 Jun 2012. Dustin David Norris joined the executive team most recently as the Secretary.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Inc. Strand Advisors Xvi General partner 1 Feb 2009 Other 26-4244836
Inc. Highland Capital Management Services Limited partner 1 Feb 2009 75% - 100% xxx-xx-xxxx
Okada Family Revocable Trust Limited partner 1 Oct 2011 Other 99-99999
Thomas Joseph Surgent Secretary 1 Oct 2011 Other 5983586
Scott Byron Ellington Chief legal officer 1 Jan 2012 Other 5907639
Alan Jeffrey Head Chief compliance officer 1 Jan 2012 Other 2901785
Frank George Waterhouse Treasurer 1 Jun 2012 Other 2960256
James Bradley Ross President 1 Jun 2012 Other 1487925
Ethan Kendall Powell Secretary 1 Aug 2012 Other 6067295
Brian Dale Mitts Secretary 1 Oct 2012 Other 6097491
Thomas Joseph Surgent Chief compliance officer 1 Sep 2014 Other 5983586
Jason Post Chief compliance officer 1 Sep 2015 Other 4212337
Robert Jason Post Chief compliance officer 1 Sep 2015 Other 6561819
Brian Dale Mitts Secretary 1 Dec 2015 Other 6097491
Dustin David Norris Assistant secretary 1 Dec 2015 Other 6624477
Dustin Norris Assistant secretary 1 Dec 2015 Other 6624477
Dustin David Norris Secretary 1 Oct 2017 Other 6624477
Lee Blackwell Parker Evp 1 Oct 2017 Other 3147084

Indirect Owners

The SEC currently registers 5 indirect owners.

Name Entity Date acquired Ownership Employer ID
James David Dondero President/shareholder 1 Feb 2009 75% - 100% 2477893
Mark Kiyoshi Okada Shareholder 1 Feb 2009 25% - 50% 2477897
Mark Kiyoshi Okada Settlor 1 Oct 2011 75% - 100% 2477897
Pamela Joy Okada Trustee 1 Oct 2011 Other 6624478
Pamela Okada Trustee 1 Oct 2011 Other 6624478

Based in Dallas

The principal office where Highland Capital Management Fund Advisors, L.P. performs its advisory services is located at 300 Crescent Court, Dallas, TX 75201, 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 972-628-4100 or by fax 972-628-4147. The normal business hours are 7:00 am- 6:00 pm on Monday - Friday. You can find more information about the New York firm at highlandfunds.com.