Vaughan Nelson Investment Management, L.P. (Houston)

Vaughan Nelson Investment Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, 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.

Vaughan Nelson Investment Management: assets under management

The assets under management (AUM) of Vaughan Nelson Investment Management, L.P. is $10.49 billion. The firm's AUM has grown by 191% since the beginning of its operation, and $2.07 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $10.43 billion in discretionary accounts and $56.05 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $21.87 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $28.03 million.

Investments

The firm invests in exchange traded securities the most. They account for 62% of the total AUM. The second-largest asset type is government bonds, which make up 22% of the firm’s portfolio. Investments in investment grade corporate bonds form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Vaughan Nelson Investment Management, L.P. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Beverly Mills Bearden serves?

The firm provides services to individuals, insurance companies, investment companies, charitable organizations, other investment advisers, high net worth individuals, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Beverly Mills Bearden is corporations or other businesses with 72 clients and $2.5 billion of assets under management. Among the 9 most similar advisory firms, Vaughan Nelson Investment Management has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $9.69 billion for 475 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 4% of the firm’s clients are foreign persons or businesses.

Vaughan Nelson Investment Management also advises several private funds. Namely, one other private fund.

Careers at Vaughan Nelson Investment Management, L.P.

The company employs 42 people that are either part- or full-time employees. 38 percent of the employees work as investment advisers or researchers. 8 employees are registered as investment adviser representatives with the state securities authorities.

There are 3 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.

Beverly Mills Bearden has been acting as President since 1 Apr 2002. Steven Psaledakis joined the executive team most recently as the President.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 46 indirect owners.

Based in Houston

The principal office where Vaughan Nelson Investment Management, L.P. performs its advisory services is located at 600 Travis, Suite 6300, Houston, TX 77002 3071, 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 713-224-2545 or by fax 713-247-9534. The normal business hours are 8 a.m. to 5 p.m. on Monday - Friday. You can find more information about the New York firm at vnsm.com.

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