Trisperity Advisors, LLC (Katy)


Trisperity Advisors, LLC is a large advisory firm based in Katy. It manages $145.46 million of regulatory assets for 543 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Texas.

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

Trisperity Advisors: assets under management

The assets under management (AUM) of Trisperity Advisors, LLC is $145.46 million. The firm's AUM has grown by 13% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $133.47 million in discretionary accounts and $11.99 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $281.59 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $173.81 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 95% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 3% of the firm’s portfolio. Investments in state and local bonds form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Trisperity Advisors, 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 Trisperity Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Trisperity Advisors is high net worth individuals with 41 clients and $108.5 million of assets under management. Among the 12 most similar advisory firms, Trisperity Advisors has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $145.46 million for 182 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.

Trisperity Advisors doesn't advise any private funds.

Careers at Trisperity Advisors, LLC

The company employs 2 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 2 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 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
Craig Scott Narum Principal/owner, cco 1 Apr 2006 75% - 100% 4475559

Based in Katy

The principal office where Trisperity Advisors, LLC performs its advisory services is located at 22202 Highland Knolls Drive, Katy, TX 77450, 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 281-395-1021. The normal business hours are by appointment on Monday - Friday. You can find more information about the New York firm at trisperity.com.