Gerald Baker Financial Group, L.L.C.Dba Baker Financial Services (Arlington)


Gerald Baker Financial Group, L.L.C.Dba Baker Financial Services is a large advisory firm based in Arlington. It manages $419.12 million of regulatory assets for 1,072 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdiction of Texas.

Gerald Baker Financial Group, L.L.C.Dba Baker Financial Services 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 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Gerald Baker Financial Group, L.L.C.Dba Baker Financial Services: assets under management

The assets under management (AUM) of Gerald Baker Financial Group, L.L.C.Dba Baker Financial Services is $419.12 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 738% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $419.12 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $390.97 thousand each.

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 investment grade corporate bonds, which make up 10% of the firm’s portfolio. Investments in exchange traded securities form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Gerald Baker Financial Group, L.L.C.Dba Baker Financial Services for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Gerald Baker Financial Group, L.L.C.Dba Baker Financial Services serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Gerald Baker Financial Group, L.L.C.Dba Baker Financial Services is high net worth individuals with 69 clients and $249.64 million of assets under management. Among the 11 most similar advisory firms, Gerald Baker Financial Group, L.L.C.Dba Baker Financial Services has the 6th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $419.12 million for 340 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.

Gerald Baker Financial Group, L.L.C.Dba Baker Financial Services doesn't advise any private funds.

Careers at Gerald Baker Financial Group, L.L.C.Dba Baker Financial Services

The company employs 7 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. 4 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.

Gerald Baker Financial Group, L.L.C.Dba Baker Financial Services is owned by Cliff Earl Mead. Chad Michael Mcmillan joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Gerald Ray Baker Manager 1 Mar 1994 75% - 100% 10707
Chad Michael Mcmillan Chief compliance officer 1 Jan 2005 Other 4587886
Cliff Earl Mead Owner 1 Jan 2005 Other 4141214
Sandra Sue Baker Owner 1 Jan 2005 Other 4939228

Based in Arlington

The principal office where Gerald Baker Financial Group, L.L.C.Dba Baker Financial Services performs its advisory services is located at 1415 West Randol Mill Rd., Arlington, TX 76012 The mailing address of the firm is P.O. Box 120427, Arlington, TX 76012. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 817-861-7099 or by fax 817-861-8099. The normal business hours are 8:15 - 5:15 on Monday - Friday. You can find more information about the New York firm at bakerfinancial.net.