Datatex Investment Services Inc (Clayton)

Datatex Investment Services Inc is a related adviser based in Clayton. It manages $36.3 million of regulatory assets for 581 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, Arkansas, Illinois, and 8 other states.

Datatex Investment Services provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Datatex Investment Services: assets under management

The assets under management (AUM) of Datatex Investment Services Inc is $36.3 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -50% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $36.3 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $62.49 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 75% of the total AUM. The second-largest asset type is exchange traded securities, which make up 15% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Datatex Investment Services Inc for their services and products based on a percentage of assets under management, 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 Robert Lewis Chambers serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Robert Lewis Chambers is individuals with 466 clients and $30.86 million of assets under management. Among the 4 most similar advisory firms, Datatex Investment Services has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $36.3 million for 519 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.

Datatex Investment Services doesn't advise any private funds.

Careers at Datatex Investment Services Inc

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.

There are 24 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.

Robert Lewis Chambers has been acting as President since 1 Feb 1988. Christopher Cory O'connell joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Robert Lewis Chambers	President	1 Feb 1988	75% - 100%	1231649
Kenneth Wayne Chambers	Vice president/director	1 Feb 1988	Other	44251
Larry David Little	Director	1 Jun 1991	Other	310906
Robert Lewis Chambers	Chief compliance officer	1 Oct 2004	75% - 100%	1231649
Christopher Cory O'connell	Chief compliance officer	1 Feb 2006	Other	5008251

Based in Clayton

The principal office where Datatex Investment Services Inc performs its advisory services is located at 7800 Forsyth Blvd, Clayton, MO 63105, 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 314-236-2444 or by fax 314-236-2443. The normal business hours are 8:30 a.m. to 4:30 p.m. cst on Monday - Friday.