Richard P. Slaughter Associates, Inc. (Austin)

Name: Richard P. Slaughter Associates, Inc.
Address: 13809 Research Blvd, Austin, TX, 78750
Telephone: 512-918-0000

Richard P. Slaughter Associates, Inc. is a large advisory firm based in Austin. It manages $507.39 million of regulatory assets for 1,230 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of California, Massachusetts, New Mexico, and Texas.

Richard P. Slaughter Associates provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, publication of newsletters, and educational seminars and workshops. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Richard P. Slaughter Associates: assets under management

The assets under management (AUM) of Richard P. Slaughter Associates, Inc. is $507.39 million. $508.2 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $478.22 million in discretionary accounts and $29.16 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $393.6 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.94 million.

Richard P. Slaughter Associates has custody of $191.29 million in cash and securities for 166 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 53% of the total AUM. The second-largest asset type is other assets, which make up 38% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Richard P. Slaughter Associates, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Richard P. Slaughter Associates serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Richard P. Slaughter Associates is high net worth individuals with 221 clients and $370.1 million of assets under management. Among the 7 most similar advisory firms, Richard P. Slaughter Associates has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $507.39 million for 426 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Richard P. Slaughter Associates doesn't advise any private funds.

Careers at Richard P. Slaughter Associates, Inc.

The company employs 13 people that are either part- or full-time employees. 85 percent of the employees work as investment advisers or researchers. 13 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 compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Barbara Corbin Slaughter	Secretary	1 Jan 1991	Other	4371978
Brooks Collier Slaughter	President / ceo/chief compliance officer/chairman of the board	1 Dec 1999	25% - 50%	2313765
Kirsten Elizabeth Slaughter	Vice president / bookkeeper	1 Dec 1999	Other	4371987
Robert Miles Tabor	Vice president	1 Aug 2001	Other	3150280
Darby Suggs Armont	Vice president	1 Jun 2004	Other	3231569
Ann Michele Nowell	Vice president	1 Jun 2011	Other	4895833

Based in Austin

The principal office where Richard P. Slaughter Associates, Inc. performs its advisory services is located at 13809 Research Blvd, Austin, TX 78750 The mailing address of the firm is 13809 N Hwy 183, Austin, TX 78750. An additional office of the firm is in Dallas, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 512-918-0000 or by fax 512-918-0001. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at rpsplanadvisors.com and its LinkedIn profile.