Founders Capital Management Inc (Houston)

Name: Founders Capital Management Inc
Address: 4400 Post Oak Parkway, Houston, TX, 77027 3416
Telephone: 713-877-1188

Founders Capital Management Inc is a large advisory firm based in Houston. It manages $167.97 million of regulatory assets for 227 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Texas.

Founders Capital Management provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Founders Capital Management: assets under management

The assets under management (AUM) of Founders Capital Management Inc is $167.97 million. The firm's AUM has grown by 42% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $153.97 million in discretionary accounts and $14.01 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $726.26 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $933.73 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 68% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 17% of the firm’s portfolio. Investments in government bonds form 14% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Founders Capital Management Inc 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 Grant Earl Buce serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Grant Earl Buce is individuals with 121 clients and $94.82 million of assets under management. Among the 6 most similar advisory firms, Founders Capital Management has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $161.04 million for 127 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.

Founders Capital Management doesn't advise any private funds.

Careers at Founders Capital Management Inc

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 3 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.

Grant Earl Buce has been acting as President since 1 Jan 1995. James Lincoln Walter joined the executive team most recently as the Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Grant Earl Buce	President/chief compliance officer	1 Jan 1995	75% - 100%	860256
James Lincoln Walter	Vice president	1 Sep 2011	25% - 50%	2265342

Based in Houston

The principal office where Founders Capital Management Inc performs its advisory services is located at 4400 Post Oak Parkway, Houston, TX 77027 3416, 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 713-877-1188 or by fax 713-877-1044. The normal business hours are mon.-thur. 8:00-5:00; fri. 8:00-3:30 on Monday - Friday. You can find more information about the New York firm at founderscapital.net.