Texas First Investment Management Company, LP (Houston)


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.

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