Perryman Financial Advisory, Inc. (Dallas)

Name: Perryman Financial Advisory, Inc.
Address: 12221 Merit Dr Ste 1660, Dallas, TX, 75251
Telephone: 972-770-4800

Perryman Financial Advisory, Inc. is a large advisory firm based in Dallas. It manages $352 million of regulatory assets for 560 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arkansas, California, Louisiana, Oklahoma, and Texas.

Perryman Financial Advisory provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Perryman Financial Advisory: assets under management

The assets under management (AUM) of Perryman Financial Advisory, Inc. is $352 million. The firm's AUM has grown by 119% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $283 million in discretionary accounts and $69 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $658.14 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $530.77 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 87% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 5% of the firm’s portfolio. Investments in government bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Perryman Financial Advisory, Inc. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. 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 Perryman Financial Advisory serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Perryman Financial Advisory is high net worth individuals with 95 clients and $260 million of assets under management. Among the 6 most similar advisory firms, Perryman Financial Advisory has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $352 million for 245 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.

Perryman Financial Advisory doesn't advise any private funds.

Careers at Perryman Financial Advisory, Inc.

The company employs 8 people that are either part- or full-time employees. 63 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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
William Delyn Perryman	President, secretary, treasurer, chief compliance officer	1 Oct 1994	50% - 75%	1222746
James Stephen Perryman	Shareholder	1 Jan 2014	Other	4499887
Debra Ann Keitzer Outlaw	Shareholder	1 Jan 2014	Other	2901818
Ryan William Huey	Shareholder	1 Jan 2014	Other	4509766

Based in Dallas

The principal office where Perryman Financial Advisory, Inc. performs its advisory services is located at 12221 Merit Dr Ste 1660, Dallas, TX 75251, 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 972-770-4800 or by fax 972-770-4888. The normal business hours are 8 am to 5 pm on Monday - Friday. You can find more information about the New York firm at billperryman.com.