Sarofim Realty Advisors Co (Dallas)


Sarofim Realty Advisors Co is a large advisory firm based in Dallas. It manages $1.46 billion of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Texas.

Sarofim Realty Advisors provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Sarofim Realty Advisors: assets under management

The assets under management (AUM) of Sarofim Realty Advisors Co is $1.46 billion. The firm's AUM has grown by 6% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $893.89 million in discretionary accounts and $565.16 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $446.94 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $141.29 million.
Sarofim Realty Advisors has custody of $955.76 million in cash and securities for 3 clients in total and acts as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sarofim Realty Advisors Co for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. 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 Sarofim Realty Advisors serves?

The firm provides services to corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Sarofim Realty Advisors is state or municipal government entities with 3 clients and $955.76 million of assets under management. Among the 7 most similar advisory firms, Sarofim Realty Advisors has the highest percentage of state or municipal government entities out of all clients.

The amount of regulatory assets under management is $1.46 billion for 7 clients. None of the firm’s clients are foreign persons or businesses.

Sarofim Realty Advisors also advises several private funds. Namely, four real estate funds. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Sarofim Realty Advisors Co

The company employs 20 people that are either part- or full-time employees. 30 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Sarofim Fayez & Co Shareholder 1 Dec 1977 75% - 100% 106584
Fayez Shalaby Sarofim Director, chairman 1 Jul 1982 Other 1124386
Raye Gillis White Director, secretary, treasurer and chief compliance officer 1 Jul 1982 Other 1124375
Charles Edmund Sheedy Vice chairman, director, office of investment oversight 1 Jun 1993 Other 1501286
Carey Alvin Galpern President and director 1 Jun 1993 Other 4363807
Charles Robert Lathem Vice president 1 Nov 1996 Other 1874337
Stephen Kenneth Bronner Senior vice president 1 Mar 2000 Other 1644694
David Paul Evemy Senior vice president 1 Apr 2000 Other 4363832
James Allan Blanchard Senior vice president 1 Nov 2000 Other 858607
Alice M Youngblood Vice president 1 Apr 2002 Other 1255729
Jeffrey Charles Chavez Senior vice president 1 Dec 2002 Other 4650721
William Michael Doramus Senior vice president 1 Apr 2003 Other 4940656
Lynn Schultz Kehoe Senior vice president 1 Oct 2004 Other 4482602
Daniel Scott Crumrine Asst. vice president 1 Dec 2005 Other 5513142
Robert M. Hopson Vice president 1 Feb 2007 Other 4341793
John Madison Ratcliff Vice president 1 May 2007 Other 5513136
Daniel Scott Crumrine Vice president and chief financial officer 1 Apr 2008 Other 5513142
Jr. William Gentry Lee Senior vice president 1 Sep 2010 Other 4558092
John Stafford Rouse General counsel 1 Aug 2013 Other 5924072

Indirect Owners

The SEC currently registers 5 indirect owners.

Name Entity Date acquired Ownership Employer ID
Fayez Sarofim & Co. Shareholder 1 Jul 1982 75% - 100% 76-1312679
Fayez Shalaby Sarofim Shareholder 1 Dec 1995 75% - 100% 1124386
Inc. The Sarofim Group Shareholder 1 Dec 1995 75% - 100% 76-0488615
Inc. Sarofim Holdings Shareholder 1 Dec 1995 75% - 100% 51-0375612
Christopher Binyon Sarofim Shareholder 1 Dec 1995 75% - 100% 2790832

Based in Dallas

The principal office where Sarofim Realty Advisors Co performs its advisory services is located at 8115 Preston Road, Suite 400, Dallas, TX 75225 6311, which is also the mailing address of the firm. An additional office of the firm is in Houston, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 214-692-4200 or by fax 214-692-4222. The normal business hours are 8:30am - 5:30pm on Monday - Friday. You can find more information about the New York firm at sraco.com.