Investment Advisory Services, Inc is a large advisory firm based in The Woodlands. It manages $320.03 million of regulatory assets for 640 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Louisiana, Oklahoma, and Texas.
Investment Advisory Services provides portfolio management for individuals and small businesses and investment consultation for individuals. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Investment Advisory Services, Inc is $320.03 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1110% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Investment Advisory Services, Inc for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of John Lester Haynes is high net worth individuals with 79 clients and $265.98 million of assets under management. Among the 5 most similar advisory firms, Investment Advisory Services has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $320.03 million for 165 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.
Investment Advisory Services doesn't advise any private funds.
The company employs 7 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. 4 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.
John Lester Haynes has been acting as President since 1 Jan 2015. Stephanie Ann Lawrence joined the executive team most recently as the Vp Operations/Client Service.
The principal office where Investment Advisory Services, Inc performs its advisory services is located at 9303 New Trails Drive, The Woodlands, TX 77381, 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 281-364-0606 or by fax 281-298-7008. The normal business hours are 8:30 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at iastexas.com.