Sarofim Fayez & Co (Houston)


Sarofim Fayez & Co is a large advisory firm based in Houston. It manages $22.01 billion of regulatory assets for 3,718 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

Sarofim Fayez & provides portfolio management for individuals and small businesses, portfolio management for investment companies, 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 Fayez &: assets under management

The assets under management (AUM) of Sarofim Fayez & Co is $22.01 billion. The firm's AUM has gone down by -57% since the beginning of its operation, and $77.21 million of the total AUM is attributable to clients outside of the United States.

The firm manages $21.14 billion in discretionary accounts and $874.82 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $5.73 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $28.22 million.

Investments

The firm invests in exchange traded securities the most. They account for 95% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio. Investments in government bonds form 1% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Sarofim Fayez & Co for their services and products based on a percentage of assets under management. 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 Jr. William Gentry Lee serves?

The firm provides services to individuals, insurance companies, investment companies, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Jr. William Gentry Lee is high net worth individuals with 298 clients and $7.93 billion of assets under management. Among the 10 most similar advisory firms, Sarofim Fayez & has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $22.01 billion for 3,718 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.

Sarofim Fayez & doesn't advise any private funds.

Careers at Sarofim Fayez & Co

The company employs 50 people that are either part- or full-time employees. 36 percent of the employees work as investment advisers or researchers. 17 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 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.

Jr. William Gentry Lee has been acting as President since 1 Sep 2010. Fayez Shalaby Sarofim joined the executive team most recently as the Director, Chairman And Co Chief Investment Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Raye Gillis White Director, executive vice president, secretary, treasurer, chief compliance officer 1 Aug 1958 Other 1124375
Fayez Shalaby Sarofim Director, president 1 Aug 1958 Other 1124386
Ralph Bowman Thomas Senior vice president 1 Jun 1968 Other 1124381
William Kline Mcgee Senior vice president 1 Jun 1969 Other 1124385
Charles Edmund Sheedy Senior vice president 1 Jan 1971 Other 1501286
Russell Morris Frankel Senior vice president 1 Jan 1971 Other 4341783
Ralph Bowman Thomas Senior vice president 1 Jun 1982 Other 1124381
Alice M Youngblood Vice president 1 Jun 1982 Other 1255729
Charles Edmund Sheedy Senior vice president 1 Oct 1986 Other 1501286
James Aloysius Reynolds Vice president 1 Oct 1986 Other 1124380
Inc. Sarofim Holdings Shareholder 1 Dec 1995 75% - 100% 51-0375612
Robert M. Hopson Vice president 1 Dec 1998 Other 4341793
Christopher Sarofim Vice president 1 Sep 1999 Other 2790832
Catherine Elizabeth Paddock Vice president 1 Nov 2003 Other 1987390
Jr. William Gentry Lee Vice president 1 Nov 2003 Other 4558092
David Pesikoff Vice president 1 Nov 2003 Other 2797240
Reynaldo Reza Vice president 1 Nov 2003 Other 2794248
Elizabeth Braxton Schulze Vice president 1 Nov 2003 Other 2565776
Manisha Ann Thakor Vice president 1 Nov 2003 Other 2275942
Daniel Scott Crumrine Asst. vice president 1 Dec 2005 Other 5513142
John Madison Ratcliff Vice president 1 May 2007 Other 5513136
William Kline Mcgee Consultant 1 Oct 2007 Other 1124385
Daniel Scott Crumrine Vice president and chief financial officer 1 Apr 2008 Other 5513142
Fayez Shalaby Sarofim Director, chairman and chief executive officer 1 Sep 2010 Other 1124386
Jr. William Gentry Lee President 1 Sep 2010 Other 4558092
Jeffrey Michael Jacobe Senior vice president 1 Sep 2010 Other 2523382
Alan Robert Christensen Vice president and chief operating officer 1 Sep 2010 Other 5404108
Christopher Binyon Sarofim Vice chairman 1 Sep 2010 Other 2790832
Inc. The Sarofim Group Shareholder 1 Dec 2011 75% - 100% 51-0375612
John Stafford Rouse General counsel 1 Aug 2013 Other 5924072
Reynaldo (Nmn) Reza Senior vice president 1 Aug 2015 Other 2794248
Reynaldo Reza Senior vice president 1 Aug 2015 Other 2794248
Fayez Shalaby Sarofim Director, chairman and co-chief investment officer 1 Nov 2015 Other 1124386
Jr. William Gentry Lee Director, chief executive officer and co-chief investment officer 1 Nov 2015 Other 4558092
Alan Robert Christensen President and head of investment risk 1 Nov 2015 Other 5404108

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Fayez Shalaby Sarofim Shareholder 1 Dec 1995 75% - 100% 1124386
Inc. The Sarofim Group Shareholder 1 Dec 1995 75% - 100% 76-0488615
Christopher Binyon Sarofim Shareholder 1 Dec 1995 75% - 100% 2790832

Based in Houston

The principal office where Sarofim Fayez & Co performs its advisory services is located at Two Houston Center, Houston, TX 77010 1014, 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 713-654-4484 or by fax 713-654-8184. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at sarofim.com.