Financial Synergies Advisory, Ltd. (Houston)

Financial Synergies Advisory, Ltd. is a large advisory firm based in Houston. It manages $78.46 million of regulatory assets for 101 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of Texas.

Financial Synergies Advisory provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for pooled investment vehicles. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Financial Synergies Advisory: assets under management

The assets under management (AUM) of Financial Synergies Advisory, Ltd. is $78.46 million. The firm's AUM has gone down by -51% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $70.35 million in discretionary accounts and $8.1 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $764.69 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $900.44 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Financial Synergies Advisory, Ltd. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Financial Synergies Advisory, Ltd.

Patrick Matthew Bommarito has been acting as President since 1 May 2005. Barbara Jane Strickland joined the executive team most recently as the Limited Partner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Rebecca Blumenkamp Haar	Cco, director, corp secretary	1 Sep 2004	Other	2409505
Barbara Jane Strickland	President, director, shareholder	1 Oct 2004	50% - 75%	4345774
Estate Of George W. Strickland	Shareholder	1 Oct 2004	50% - 75%	20-6361246
Llc Fsal Management	General partner	1 May 2005	Other	20-2885854
Llp Strickland Financial Holdings	Limited partner	1 May 2005	75% - 100%	20-2885797
Joseph John Thomas Duran	Chief executive officer	1 May 2005	25% - 50%	2328861
Patrick Matthew Bommarito	President	1 May 2005	25% - 50%	1804596
Nancy Morrison Fishbein	Chief financial officer	1 May 2005	Other	2305682
Caryn Lee Westman	Secretary/chief compliance officer	1 May 2005	Other	1225435

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. United Capital Financial Partners	Sole share holder	1 Nov 2004	Other	16-1711406
Patrick Matthew Bommarito	President	1 Feb 2005	25% - 50%	1804596
Joseph John Thomas Duran	Chief executive officer	1 Feb 2005	25% - 50%	2328861
Barbara Jane Strickland	Limited partner	1 May 2005	50% - 75%	4345774
Estate Of George W. Strickland	Limited partner	1 May 2005	50% - 75%	20-6361246
Inc. United Capital Financial Advisers	General partner & limited partner	1 May 2005	Other	134600

Based in Houston

The principal office where Financial Synergies Advisory, Ltd. performs its advisory services is located at 1177 W Loop South, Ste 1400, Houston, TX 77027 9086, 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 281-745-9091 or by fax 281-669-0808. The normal business hours are 8:30 am to 5:00 pm on Monday - Friday.