Fwl Investment Management, LLC (Dallas)


Fwl Investment Management, LLC is a large advisory firm based in Dallas. It manages $162.39 million of regulatory assets for 360 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of Texas.

Fwl Investment Management provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and other investment advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Fwl Investment Management: assets under management

The assets under management (AUM) of Fwl Investment Management, LLC is $162.39 million. The firm's AUM has grown by 99% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $160.71 million in discretionary accounts and $1.67 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $465.84 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $111.44 thousand.
Fwl Investment Management has custody of $11.54 million in cash and securities for 24 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 51% of the total AUM. The second-largest asset type is investment and business development companies, which make up 31% of the firm’s portfolio. Investments in state and local bonds form 9% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Fwl Investment Management, LLC 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 Fwl Investment Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Fwl Investment Management is high net worth individuals with 56 clients and $132.28 million of assets under management. Among the 11 most similar advisory firms, Fwl Investment Management has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $139.83 million for 89 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.

Fwl Investment Management doesn't advise any private funds.

Careers at Fwl Investment Management, LLC

The company employs 5 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 3 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 don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Frederick Wayne Lear Managing partner; chief compliance officer 1 Nov 2014 75% - 100% 2797286

Based in Dallas

The principal office where Fwl Investment Management, LLC performs its advisory services is located at 3102 Oak Lawn Avenue, Dallas, TX 75219, 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 (214) 445-5900. The normal business hours are 8:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at learim.com and its LinkedIn profile.