Spar Investment Counsel Inc (Dallas)

Spar Investment Counsel Inc is an adviser based in Dallas. It manages $63.84 million of regulatory assets for 54 client accounts. It has been registered with the SEC as an adviser since 2001.

Spar Investment Counsel 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.

Spar Investment Counsel: assets under management

The assets under management (AUM) of Spar Investment Counsel Inc is $63.84 million. The firm's AUM has gone down by -6% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $26.64 million in discretionary accounts and $37.19 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.16 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.2 million.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Spar Investment Counsel Inc 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.

Careers at Spar Investment Counsel Inc

Spar Investment Counsel Inc is owned by John Gordon Penson. L Dale Stamps has been acting as President since 1 Dec 1970.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
L Dale Stamps	President	1 Dec 1970	75% - 100%	4339580
John Gordon Penson	Owner	1 Dec 1970	Other	4339595

Based in Dallas

The principal office where Spar Investment Counsel Inc performs its advisory services is located at 1201 Elm St, Dallas, TX 75270 2035, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.