Sather Financial Group, Inc. (Victoria)

Name: Sather Financial Group, Inc.
Address: 120 E. Constitution, Victoria, TX, 77901
Telephone: 361-570-1800

Sather Financial Group, Inc. is a large advisory firm based in Victoria. It manages $645.37 million of regulatory assets for 1,024 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Texas.

Sather Financial Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and educational seminars and workshops. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Sather Financial Group: assets under management

The assets under management (AUM) of Sather Financial Group, Inc. is $645.37 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1668% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $645.37 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $630.24 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 83% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 10% of the firm’s portfolio. Investments in investment and business development companies form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sather Financial Group, Inc. 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 Sather Financial Group serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Sather Financial Group is high net worth individuals with 106 clients and $422.74 million of assets under management. Among the 11 most similar advisory firms, Sather Financial Group has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $645.37 million for 370 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.

Sather Financial Group doesn't advise any private funds.

Careers at Sather Financial Group, Inc.

The company employs 5 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 5 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
David Scott Sather	President and chief compliance officer	1 Jul 1998	75% - 100%	2312957
Warren A Udd	Vice president	1 Jan 2016	Other	4929353

Based in Victoria

The principal office where Sather Financial Group, Inc. performs its advisory services is located at 120 E. Constitution, Victoria, TX 77901, which is also the mailing address of the firm. An additional office of the firm is in Seguin, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 361-570-1800 or by fax 361-570-0377. The normal business hours are 8 am to 5 pm on Monday - Friday. You can find more information about the New York firm at satherfinancial.com.