Brent Forrest & Associates, L.L.C. (San Antonio)

Name: Brent Forrest & Associates, L.L.C.
Address: 4077 De Zavala, San Antonio, TX, 78249
Telephone: 210-530-9599

Brent Forrest & Associates, L.L.C. is a large advisory firm based in San Antonio. It manages $288.71 million of regulatory assets for 1,055 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdiction of Texas.

Brent Forrest & Associates, L.L.C provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Brent Forrest & Associates, L.L.C: assets under management

The assets under management (AUM) of Brent Forrest & Associates, L.L.C. is $288.71 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 115% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $288.71 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $273.66 thousand each.

Brent Forrest & Associates, L.L.C has custody of $159.56 million in cash and securities for 591 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 8% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Brent Forrest & Associates, L.L.C. for their services and products based on a percentage of assets under management and hourly charges. 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 Brent Forrest & Associates, L.L.C serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Brent Forrest & Associates, L.L.C is high net worth individuals with 279 clients and $158.68 million of assets under management. Among the 10 most similar advisory firms, Brent Forrest & Associates, L.L.C has the 5th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $284.4 million for 335 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.

Brent Forrest & Associates, L.L.C doesn't advise any private funds.

Careers at Brent Forrest & Associates, L.L.C.

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Brent Lawhon Forrest	Managing member	1 May 2011	50% - 75%	1612253
Priscilla Ann Mckinley	Member, cco	1 Jan 2016	25% - 50%	1924315

Based in San Antonio

The principal office where Brent Forrest & Associates, L.L.C. performs its advisory services is located at 4077 De Zavala, San Antonio, TX 78249, 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 210-530-9599 or by fax 210-530-9740. The normal business hours are m-th 7:30am-4:30pm, f 7:30am-3pm on Monday - Friday. You can find more information about the New York firm at brentforrest.com.