Sfmg, LLC. (Plano)


Sfmg, LLC. is a large advisory firm based in Plano. It manages $1.31 billion of regulatory assets for 3,046 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of California, Colorado, Florida, and 5 other states.

Sfmg provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Sfmg: assets under management

The assets under management (AUM) of Sfmg, LLC. is $1.31 billion. The firm's AUM has grown by 256% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.18 billion in discretionary accounts and $131.35 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $420.61 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $551.88 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 49% of the total AUM. The second-largest asset type is investment and business development companies, which make up 33% of the firm’s portfolio. Investments in cash and cash equivalents form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sfmg, LLC. 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 Ryan Jay Blair serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Ryan Jay Blair is high net worth individuals with 165 clients and $927.54 million of assets under management. Among the 7 most similar advisory firms, Sfmg has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.31 billion for 798 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.

Sfmg doesn't advise any private funds.

Careers at Sfmg, LLC.

The company employs 27 people that are either part- or full-time employees. 44 percent of the employees work as investment advisers or researchers. 9 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Ryan Jay Blair has been acting as President since 1 Jan 2014. Shashin Girish Shah joined the executive team most recently as the Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Craig Metz Greenway Cfo, managing director and chief compliance officer 1 Jan 2005 25% - 50% 4432599
Kevin Wayne Margolis Ceo, managing director 1 Jan 2005 25% - 50% 4490753
Gregory Paul Morgan Managing director and founder 1 Jan 2005 25% - 50% 735924
David Wayne White Managing director 1 Jan 2005 25% - 50% 735931
Gpm Capital Corporation Managing member 1 Jan 2005 Other 75-2909125
Cmg Capital Corporation Managing member 1 Jan 2005 Other 75-2908878
Dww Capital Corporation Managing member 1 Jan 2005 Other 35-2168538
Llc Kwm Wealth Management Managing member 1 Jan 2005 Other 46-0481403
Craig Metz Greenway Cfo, managing director and chief compliance officer 1 Jan 2007 25% - 50% 4432599
Kevin Wayne Margolis Ceo, managing director 1 Jan 2007 25% - 50% 4490753
Gregory Paul Morgan Managing director and founder 1 Jan 2007 25% - 50% 735924
David Wayne White Managing director 1 Jan 2007 25% - 50% 735931
Ryan Jay Blair Director 1 Jan 2014 Other 4811979
Taylor Nipp Director 1 Jan 2014 Other 6141580
Shashin Girish Shah Director 1 Jul 2016 Other 2465754

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
Craig Metz Greenway Principal 1 Aug 2000 75% - 100% 4432599
Gregory Paul Morgan Principal 1 Oct 2000 75% - 100% 735924
David Wayne White Principal 1 May 2002 75% - 100% 735931
Kevin Wayne Margolis Principal 1 May 2002 75% - 100% 4490753

Based in Plano

The principal office where Sfmg, LLC. performs its advisory services is located at 7800 Dallas Parkway, Plano, TX 75024, which is also the mailing address of the firm. 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 972-960-6460 or by fax 972-960-6455. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at sfmg.com.

Registered investment advisers similar to Sfmg, LLC.