Crossmark Global Investments, Inc. (Houston)

Name: Crossmark Global Investments, Inc.
Address: 15375 Memorial Drive, Houston, TX, 77079
Telephone: 713-260-9000

Crossmark Global Investments, Inc. is a large advisory firm based in Houston. It manages $4.77 billion of regulatory assets for 3,170 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.

Crossmark Global Investments provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Crossmark Global Investments: assets under management

The assets under management (AUM) of Crossmark Global Investments, Inc. is $4.77 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -4% since the beginning of its operation, and $21.58 million of the total AUM is attributable to clients outside of the United States.

The firm manages $4.77 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.51 million each.

Investments

The firm invests in exchange traded securities the most. They account for 70% of the total AUM. The second-largest asset type is state and local bonds, which make up 11% of the firm’s portfolio. Investments in investment grade corporate bonds form 10% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Crossmark Global Investments, 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.

What kind of clients Crossmark Global Investments serves?

The firm provides services to individuals, insurance companies, investment companies, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Crossmark Global Investments is charitable organizations with 166 clients and $1.52 billion of assets under management. Among the 11 most similar advisory firms, Crossmark Global Investments has the highest percentage of charitable organizations out of all clients.

The amount of regulatory assets under management is $4.77 billion for 3,176 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.

Crossmark Global Investments doesn't advise any private funds.

Careers at Crossmark Global Investments, Inc.

The company employs 48 people that are either part- or full-time employees. 17 percent of the employees work as investment advisers or researchers. 15 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Crossmark Global Holdings	Parent company	1 Nov 1983	75% - 100%	76-0228360
John Rudolf Wolf	Managing director	1 Jun 2004	Other	1691019
Victoria Lynn Fernandez	Chief market strategist	1 Aug 2014	Other	xxx-xx-xxxx
Michael Leo Kern	President, chief executive officer, and treasurer	1 Jan 2016	Other	6511142
Andrew James Jacobson	Chief operating officer	1 Feb 2016	Other	xxx-xx-xxxx
David Neal Rentfrow	Managing director	1 Jan 2017	Other	4005321
Jim Anthony Coppedge	Chief compliance officer, general counsel, and corporate secretary	1 Jun 2017	Other	3275004
Paul Christopher Townsen	Managing director	1 Jun 2017	Other	2449973
Arthur Garfield Smith	Managing director	1 May 2018	Other	1304803

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Steward Financial Holdings	Shareholder	1 Mar 2015	75% - 100%	06-1672964

Based in Houston

The principal office where Crossmark Global Investments, Inc. performs its advisory services is located at 15375 Memorial Drive, Houston, TX 77079, 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 713-260-9000 or by fax 713-260-9025. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at crossmarkglobal.com and its LinkedIn profile.