Callahan Advisors, LLC is a large advisory firm based in Houston. It manages $516.9 million of regulatory assets for 997 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Arkansas, Illinois, Louisiana, and Texas.
Callahan Advisors provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Callahan Advisors, LLC is $516.9 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 321% since the beginning of its operation, and $565.78 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Callahan Advisors, 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.
The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Callahan Advisors is high net worth individuals with 152 clients and $447.33 million of assets under management. Among the 11 most similar advisory firms, Callahan Advisors has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $516.9 million for 335 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.
Callahan Advisors doesn't advise any private funds.
The company employs 9 people that are either part- or full-time employees. 78 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives 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.
The principal office where Callahan Advisors, LLC performs its advisory services is located at 3555 Timmons Lane, Houston, TX 77027, 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 713-572-3366 or by fax 713-572-8771. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at callahanadvisors.com.