Willis Johnson & Associates, Inc. (Houston)

Name: Willis Johnson & Associates, Inc.
Address: 5847 San Felipe, Houston, TX, 77057
Telephone: 713-439-1200

Willis Johnson & Associates, Inc. is a large advisory firm based in Houston. It manages $467.45 million of regulatory assets for 967 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Louisiana and Texas.

Willis Johnson & Associates provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Willis Johnson & Associates: assets under management

The assets under management (AUM) of Willis Johnson & Associates, Inc. is $467.45 million. The firm's AUM has grown by 79% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $465.68 million in discretionary accounts and $1.76 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $483.57 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $440.84 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 89% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 9% of the firm’s portfolio. Investments in non-exchange traded securities form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Willis Johnson & Associates, Inc. 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 Willis Anthony Johnson serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Willis Anthony Johnson is high net worth individuals with 253 clients and $458.32 million of assets under management. Among the 10 most similar advisory firms, Willis Johnson & Associates has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $467.45 million for 296 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.

Willis Johnson & Associates doesn't advise any private funds.

Careers at Willis Johnson & Associates, Inc.

The company employs 15 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 9 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.

Willis Anthony Johnson has been acting as President since 1 Jul 1996. Nicholas Johnson joined the executive team most recently as the Vice President And Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Willis Anthony Johnson	President	1 Jul 1996	75% - 100%	1146229
Nicholas Johnson	Vice president and chief compliance officer	1 Feb 2014	Other	5377332

Based in Houston

The principal office where Willis Johnson & Associates, Inc. performs its advisory services is located at 5847 San Felipe, Houston, TX 77057, 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 713-439-1200 or by fax 713-599-0999. The normal business hours are 8:00 to 5:00 on Monday - Friday. You can find more information about the New York firm at wjohnsonassociates.com.