Sarofim Trust Co is a large advisory firm based in Houston. It manages $538.73 million of regulatory assets for 28 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Texas.
Sarofim Trust provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and trust services. 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 Sarofim Trust Co is $538.73 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -91% since the beginning of its operation, and $304.75 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Sarofim Trust Co 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.
The firm provides services to charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Fayez Shalaby Sarofim is pension and profit sharing plans with 1 clients and $187.53 million of assets under management. Among the 8 most similar advisory firms, Sarofim Trust has the highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $538.73 million for 26 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.
Sarofim Trust doesn't advise any private funds.
The company employs 23 people that are either part- or full-time employees. 74 percent of the employees work as investment advisers or researchers. 17 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.
Fayez Shalaby Sarofim has been acting as President since 1 Sep 2010. Reynaldo (Nmn) Reza joined the executive team most recently as the Director, Senior Vice President.
The principal office where Sarofim Trust Co performs its advisory services is located at Two Houston Center, Houston, TX 77010 1014, 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 713-654-4484 or by fax 713-654-8184. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday.