Texas First Investment Management Company, LP (Houston)

Name: Texas First Investment Management Company, LP
Address: 770 S. Post Oak Lane, Houston, TX, 77056
Telephone: 713-877-9800

Texas First Investment Management Company, LP is a mid-sized advisory firm based in Houston. It manages $25.2 million of regulatory assets for 22 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdiction of Texas.

Texas First Investment Management Company provides portfolio management for individuals and small businesses 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.

Texas First Investment Management Company: assets under management

The assets under management (AUM) of Texas First Investment Management Company, LP is $25.2 million. The firm's AUM has gone down by -1% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $23.3 million in discretionary accounts and $1.9 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.11 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.9 million.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Texas First Investment Management Company, LP 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.

Careers at Texas First Investment Management Company, LP

Douglas Robert Cannon has been acting as President since 1 Jan 2004. Lola M. Cannon joined the executive team most recently as the Minority Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Douglas Robert Cannon	President/chief compliance officer	1 Jan 2004	50% - 75%	834174
Llc Texas First Fund Holdings	General partner	1 Jan 2004	Other	20-0574168
Steven Joseph Finkelman	Minority owner	1 Mar 2005	Other	4961612
Renegade Capital Lp	Limited partner	1 Jul 2008	Other	26-0385319
Lola M. Cannon	Minority owner	1 Sep 2009	Other	5720185
Lola Mae Cannon	Limited partner	1 Sep 2009	Other	5720185

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
James Timothy Hickey	General partner	1 Jan 2007	25% - 50%	4897654
Gabriel Miles Siegel	General partner	1 Jan 2007	25% - 50%	5560442
Jonathan Mallinckrodt Osborne	General partner	1 Jan 2007	25% - 50%	5560448
Douglas Robert Cannon	Manager	1 Jul 2008	75% - 100%	834174
Steven Joseph Finkelman	Manager	1 Jul 2008	25% - 50%	4961612
James Timothy Hickey	Manager	1 Jul 2008	25% - 50%	4897654

Based in Houston

The principal office where Texas First Investment Management Company, LP performs its advisory services is located at 770 S. Post Oak Lane, Houston, TX 77056, 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 713-877-9800 or by fax 713-622-2876. The normal business hours are 8:30-6:00 on Monday - Friday. You can find more information about the New York firm at www.texasfirstinv.com.