Southwest Securities, Inc. (Dallas)


Southwest Securities, Inc. is a large advisory firm based in Dallas. It manages $1.04 billion of regulatory assets for 3,916 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Southwest Securities provides portfolio management for individuals and small businesses, selection of other advisers, publication of newsletters, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Southwest Securities: assets under management

The assets under management (AUM) of Southwest Securities, Inc. is $1.04 billion. The firm's AUM has grown by 843% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $299.95 million in discretionary accounts and $735.92 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $227.41 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $283.37 thousand.
Southwest Securities has custody of $958.74 million in cash and securities for 3,256 clients in total and acts as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Southwest Securities, 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.

Careers at Southwest Securities, Inc.

James Harrell Ross has been acting as President since 1 Sep 2007. Victor Michael Pucciarelli joined the executive team most recently as the Municipal Adviser Principal.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Inc. Southwest Securities Group Parent 1 Aug 1991 75% - 100% 75-2040825
Inc. Sws Group Parent 1 Aug 1991 75% - 100% 75-2040825
Inc. Sws Group Parent 1 Aug 1991 75% - 100% 75-2040825
Jerome Stephen Wade Vp & clo 1 Jan 1994 Other 809998
David Meyer Glatstein Chairman, ceo, president & director 1 Jan 1997 Other 222856
Stacy Malinda Hodges Cfo, finop & director 1 Sep 1998 Other 2544755
Robert George Mcbey Coo 1 Aug 2000 Other 2337241
Phyllis Jean Knowles Cco 1 Aug 2000 Other 1275616
William Davis Iv Felder Executive vp & director 1 Sep 2000 Other 707492
Kenneth Ray Hanks Executive vp & director 1 Sep 2000 Other 1812450
Allen R Tubb Chief legal officer/secretary 1 Oct 2000 Other 4100847
Ronald Wayne Bass Crop & srop 1 Mar 2001 Other 2505880
Daniel Roger Leland Ceo/president 1 Aug 2002 Other 1157737
William Norman Thompson Executive vice president/chief information officer 1 Dec 2002 Other 2632089
Stacy Malinda Hodges Cfo, executive vice president 1 Dec 2002 Other 2544755
Jerome Stephen Wade Vp & general counsel 1 Dec 2002 Other 809998
Robert George Mcbey Sr. vice president 1 Dec 2002 Other 2337241
William Davis Iv Felder Executive vice president 1 Dec 2002 Other 707492
Kenneth Ray Hanks Executive vice president 1 Dec 2002 Other 1812450
Richard Henry Litton Executive vice president 1 Dec 2002 Other 828837
Brook Mcneil Smith Executive vice president 1 Dec 2002 Other 721464
Paul David Vinton Executive vice president 1 Dec 2002 Other 454974
Robert Lincoln Nash Msrb 1 Feb 2003 Other 1220439
Phyllis Jean Knowles Sr vice president/director of compliance 1 May 2003 Other 1275616
Angela Perrin White Crop 1 Nov 2003 Other 2423707
Harry Grisser Srop 1 Nov 2003 Other 2285929
Ray Phillip Huie Avp/srop 1 Jun 2004 Other 2896149
Steven Bertrand Sarosy Crop 1 Aug 2004 Other 2212963
William Davis Iv Felder Ceo/president 1 Sep 2004 Other 707492
James Harrell Ross Executive vice president 1 Sep 2004 Other 815598
William Dennison Martin Crop 1 Aug 2005 Other 2954156
Haldean William Applegate Srop 1 Sep 2005 Other 2472054
Gregg Douglas Overstake Crop 1 Sep 2006 Other 1498739
Michael Anthony Cogliano Crop 1 Feb 2007 Other 2505017
Daniel Roger Leland Executive vice president - taxable fixed income trading 1 May 2007 Other 1157737
James Harrell Ross Ceo/president/director 1 Sep 2007 Other 815598
William Davis Felder Chairman 1 Sep 2007 Other 707492
Timothy John Hamick Executive vice president 1 Oct 2007 Other 2766606
Jeffrey James Singer Executive vice president 1 Sep 2008 Other xxx-xx-xxxx
Milford Lee Stern Chairman/director 1 Jan 2009 Other 501622
John Andrew Lacey Senior vice president/chief operations officer 1 Sep 2009 Other 2397578
Paul David Vinton Executive vice president/head of clearing services 1 Sep 2009 Other 454974
Michael Anthony Cogliano Acting chief compliance officer 1 Feb 2010 Other 2505017
Michael Anthony Cogliano Senior vice president/chief compliance officer 1 Apr 2010 Other 2505017
Larry Gene Tate Director of retail 1 Apr 2011 Other 863059
Holly Platt Peritz Executive vice president 1 Apr 2011 Other 1967210
Laura Leventhal Vice president/controller 1 Apr 2011 Other 1175259
Robert Lincoln Nash Executive vice president 1 Jun 2011 Other 1220439
Laura Leventhal Executive vice president/cfo/treasurer 1 Dec 2011 Other 1175259
Bonnie Rachael Licalsi Senior vice president/controller 1 Dec 2011 Other 2203919
Stacy Malinda Hodges Executive vice president 1 Dec 2011 Other 2544755
Daniel Roger Leland Executive vice president - equity trading 1 Jan 2012 Other 1157737
Allen R Tubb Director 1 Jan 2012 Other 4100847
Anthony Charles Berends Senior vice president - stock loan 1 Jan 2012 Other 2268410
Stacy Malinda Hodges Director 1 Jan 2012 Other 2544755
Laura Leventhal Director 1 Sep 2013 Other 1175259
Llc Hilltop Securities Holdings Parent 1 Jan 2015 75% - 100% 47-2373402
Victor Michael Pucciarelli Msrb principal 1 Jan 2015 Other 1111797
John Richard Muschalek Board director 1 Mar 2015 Other 2226859
Hillel Arnold Feinberg Board chairman 1 Mar 2015 Other 205642
Robert Wayne Peterson Board director 1 Mar 2015 Other 2441207
Victor Michael Pucciarelli Municipal adviser principal 1 Apr 2015 Other 1111797
Henry Fayette Coble Municipal adviser principal - tfi 1 Apr 2015 Other 1008031
Doreen Marie Fisher Municipal adviser principal 1 Apr 2015 Other 1261585
Julie Ann Villarreal Municipal adviser principal 1 Apr 2015 Other 1381332
Robert Wayne Peterson President/ceo 1 Apr 2015 Other 2441207
David Edward Geschke Director of retail 1 Apr 2015 Other 1618774

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Hilltop Holdings Inc. Parent 1 Jan 2015 75% - 100% 84-1477939

Based in Dallas

The principal office where Southwest Securities, Inc. performs its advisory services is located at 1201 Elm Street, Suite 3500, Dallas, TX 75270, which is also the mailing address of the firm. An additional office of the firm is in Plano, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 214-859-1800 or by fax 214-859-6497. The normal business hours are 8:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at nickbollich.com.