Stavis & Cohen Financial, LLC (Houston)


Stavis & Cohen Financial, LLC is a large advisory firm based in Houston. It manages $540.81 million of regulatory assets for 941 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of California, Colorado, Louisiana, and 3 other states.

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Stavis & Cohen Financial provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Stavis & Cohen Financial: assets under management

The assets under management (AUM) of Stavis & Cohen Financial, LLC is $540.81 million. The firm's AUM has grown by 6115% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $450.43 million in discretionary accounts and $90.38 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $645.32 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $371.94 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 70% of the total AUM. The second-largest asset type is exchange traded securities, which make up 22% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Stavis & Cohen Financial, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Stavis & Cohen Financial serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Stavis & Cohen Financial is high net worth individuals with 100 clients and $493.98 million of assets under management. Among the 12 most similar advisory firms, Stavis & Cohen Financial has the highest percentage of high net worth individuals out of all clients.


The amount of regulatory assets under management is $540.81 million for 252 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.

Stavis & Cohen Financial doesn't advise any private funds.

Careers at Stavis & Cohen Financial, LLC

The company employs 16 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 10 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 compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

H. Edward Cohen has served as the Chief Investment Officer since 1 Aug 2009. Carmen Edna Velez joined the executive team most recently as the Director Of Operations.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Kayla Alexandra Tolunay Associate advisor 1 Jul 2009 Other 5706171
Kayla Alexandra Knight Planning associate 1 Jul 2009 Other 5706171
Deborah Mccully Stavis Managing member 1 Aug 2009 50% - 75% 1109504
Harry Edward Cohen Chief investment officer & chief compliance officer 1 Aug 2009 Other 1027893
Diana Dale Murphy Belger Director of investment operations 1 Aug 2009 Other 4958211
H. Edward Cohen Chief investment officer 1 Aug 2009 Other 1027893
Diana Murphy Belger Chief compliance officer 1 Aug 2009 Other 4958211
Kristin Elizabeth Armstrong Director of operations 1 Aug 2009 Other 4948276
Kristin Elizabeth Urbano Director of operations 1 Aug 2009 Other 4948276
Courtney Marie Sapio Investment specialist 1 Dec 2009 Other 5463564
Duane Michael Hirsch Director of client services 1 Feb 2010 Other 2113314
Allison Anne Lyons Advisor 1 Feb 2010 Other 4625430
Shelli Pakebusch Bouillion Planning associate 1 Feb 2010 Other 2128644
Jun Gu Investment analyst 1 Sep 2010 Other 5853384
Mallory Brooke Blanton Client service associate 1 Sep 2011 Other 5988313
Mallory Brooke Berryman Front office coordinator 1 Sep 2011 Other 5988313
Carmen Edna Velez Director of operations 1 Jan 2014 Other 6032321

Based in Houston

The principal office where Stavis & Cohen Financial, LLC performs its advisory services is located at 1330 Post Oak Blvd., Houston, TX 77056, 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 713-275-7750 or by fax 713-275-7770. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at stavisandcohen.com.