Helen Stephens Group, LLC (Fort Worth)

Name: Helen Stephens Group, LLC
Address: 4200 S. Hulen St., Fort Worth, TX, 76109
Telephone: 817-546-6353

Helen Stephens Group, LLC is a large advisory firm based in Fort Worth. It manages $107.28 million of regulatory assets for 178 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Louisiana and Texas.

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

Helen Stephens Group: assets under management

The assets under management (AUM) of Helen Stephens Group, LLC is $107.28 million. The firm's AUM has gone down by -5% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $106.52 million in discretionary accounts and $767.1 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $682.8 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $34.87 thousand.

Helen Stephens Group has custody of $26.13 million in cash and securities for 95 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 85% of the total AUM. The second-largest asset type is exchange traded securities, which make up 5% 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 Helen Stephens Group, 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 Helen Stephens Group serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Helen Stephens Group is high net worth individuals with 35 clients and $63.1 million of assets under management. Among the 10 most similar advisory firms, Helen Stephens Group has the 5th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $107.05 million for 155 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.

Helen Stephens Group doesn't advise any private funds.

Careers at Helen Stephens Group, LLC

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 3 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Helen Barbre Stephens	President, chief compliance officer	1 May 2011	75% - 100%	2421457

Based in Fort Worth

The principal office where Helen Stephens Group, LLC performs its advisory services is located at 4200 S. Hulen St., Fort Worth, TX 76109, 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 817-546-6353 or by fax 817-887-1585. The normal business hours are 8:30 am - 4:30 pm on Other. You can find more information about the New York firm at aspenwealthmgmt.com.