Fsw Advisory Services Inc. (Dallas)


Fsw Advisory Services Inc. is a related adviser based in Dallas. It manages $22.78 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdiction of Texas.

Fsw Advisory Services provides portfolio management for businesses and institutional clients, pension consulting services, and selection of other 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.

Fsw Advisory Services: assets under management

The assets under management (AUM) of Fsw Advisory Services Inc. is $22.78 million. The firm's AUM has grown by 140% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

Fsw Advisory Services has custody of $22.78 million in cash and securities for 5 clients in total and its related person acts as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 65% of the total AUM. The second-largest asset type is exchange traded securities, which make up 34% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Fsw Advisory Services Inc. for their services and products based on a percentage of assets under management and hourly charges. 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 Hillel Arnold Feinberg serves?

The only and largest group of clients of Hillel Arnold Feinberg is state or municipal government entities with 5 clients and $22.78 million of assets under management. Among the 1 most similar advisory firms, Fsw Advisory Services has the highest percentage of state or municipal government entities out of all clients.

The amount of regulatory assets under management is $22.78 million for 5 clients. None of the firm’s clients are foreign persons or businesses.

Fsw Advisory Services doesn't advise any private funds.

Careers at Fsw Advisory Services Inc.

The company employs 5 people that are either part- or full-time employees. 20 percent of the employees work as investment advisers or researchers. No 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 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.

Hillel Arnold Feinberg has been acting as President since 1 Sep 2008. Michael Anthony Cogliano joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Hillel Arnold Feinberg Chairman 1 Sep 2008 Other 205642
John Richard Muschalek President 1 Sep 2008 Other 2226859
Inc. First Southwest Holdings Parent company 1 Sep 2008 75% - 100% 75-2394668
Donald Francis Foley Chief compliance officer 1 Sep 2008 Other 3064794
David Alan Commons Secretary and chief financial officer 1 Sep 2008 Other 4614412
L.L.C. First Southwest Holding Parent company 1 Jan 2009 75% - 100% 26-3987572
John Richard Muschalek President and chief executive officer 1 Apr 2009 Other 2226859
David Alan Commons Chief financial officer 1 Apr 2009 Other 4614412
Caroline Austin Secretary and chief investment officer 1 Apr 2009 Other 710803
Robert Vincent Coulter Chief compliance officer / aml officer 1 May 2009 Other 4211707
David Eric Holt Chief compliance officer / aml officer 1 Feb 2011 Other 2426935
Blake Barnes Morris Chief compliance officer / aml oficer 1 Feb 2013 Other 4591811
Joseph Michael Edge Cheif financial officer 1 Jan 2016 Other 4326551
Michael Anthony Cogliano Chief compliance officer 1 Jul 2018 Other 2505017

Indirect Owners

The SEC currently registers 5 indirect owners.

Name Entity Date acquired Ownership Employer ID
Hillel Arnold Feinberg Lp 1 Oct 1991 25% - 50% 205642
Ltd. First Southwest Partners Shareholder 1 Oct 1991 50% - 75% 75-2394738
Plainscapital Bank Shareholder 1 Jan 2009 75% - 100% 75-0910774
Llc Hilltop Securities Holdings Parent 1 Jan 2015 75% - 100% 47-2373402
Hilltop Holdings Inc. Parent 1 Jan 2015 75% - 100% 84-1477939

Based in Dallas

The principal office where Fsw Advisory Services Inc. performs its advisory services is located at 1201 Elm Street, Dallas, TX 75270, 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 800-678-3792 or by fax 214-840-5008. The normal business hours are 8am-6pm on Monday - Friday. You can find more information about the New York firm at clearing.firstsw.com/investment-advisor-services/.