Panthrex Asset Management LLC (Dallas)

Name: Panthrex Asset Management LLC
Address: 9111 Cypress Waters Blvd, Dallas, TX, 75019
Telephone: (888) 302-5559

Panthrex Asset Management LLC is a related adviser based in Dallas. It manages $55.93 million of regulatory assets for 1,504 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Arkansas, Indiana, Louisiana, and 7 other states.

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

Panthrex Asset Management: assets under management

The assets under management (AUM) of Panthrex Asset Management LLC is $55.93 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 293% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $55.93 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $37.18 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 44% of the total AUM. The second-largest asset type is investment and business development companies, which make up 28% of the firm’s portfolio. Investments in investment grade corporate bonds form 22% of the total invested assets.

Fees & Commissions

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

The firm provides services to individuals and pension and profit sharing plans. The largest group of clients of Panthrex Asset Management is individuals with 559 clients and $54.06 million of assets under management. Among the 4 most similar advisory firms, Panthrex Asset Management has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $55.93 million for 560 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.

Panthrex Asset Management doesn't advise any private funds.

Careers at Panthrex Asset Management LLC

The company employs 12 people that are either part- or full-time employees. 92 percent of the employees work as investment advisers or researchers. 11 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 don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Allen Parnell Hargis	Member	1 Aug 2015	25% - 50%	4599491
Michael Ray Wallin	Managing member / chief compliance officer	1 Aug 2015	25% - 50%	4264135
Fusion Capital Management	Member	1 Aug 2015	25% - 50%	156549

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Scott Darryl Tietz	Manager and ceo	1 Apr 2003	50% - 75%	1230020
Anthony Francis Apollaro	Managing member	1 Oct 2006	75% - 100%	2524799
Ryan Joseph Borer	Managing member/chief operating officer/chief compliance officer	1 Feb 2011	Other	4336934
Llc Apollaro Investments	Member	1 Aug 2012	25% - 50%	20-5763039
Partners Advantage Insurance Services Llc	Member	1 Aug 2012	50% - 75%	71-0941992

Based in Dallas

The principal office where Panthrex Asset Management LLC performs its advisory services is located at 9111 Cypress Waters Blvd, Dallas, TX 75019 The mailing address of the firm is 100 Plaza Carmona Place, Hot Springs Village, AR 71909. An additional office of the firm is in Arlington, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (888) 302-5559 or by fax (615) 777-3357. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at shieldfinancialgroup.com/.