Hughes Warren, Inc. (Oklahoma City)

Name: Hughes Warren, Inc.
Address: 9150 N. May Avenue, Oklahoma City, OK, 73120 4417
Telephone: 405-418-4080

Hughes Warren, Inc. is a large advisory firm based in Oklahoma City. It manages $98.93 million of regulatory assets for 655 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Oklahoma and Texas.

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

Hughes Warren: assets under management

The assets under management (AUM) of Hughes Warren, Inc. is $98.93 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 118% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $98.93 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $151.04 thousand each.

Hughes Warren has custody of $93.87 million in cash and securities for 386 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 96% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 4% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hughes Warren, Inc. for their services and products based on a percentage of assets under management and hourly charges. 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 Hughes Warren serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Hughes Warren is individuals with 250 clients and $62.81 million of assets under management. Among the 6 most similar advisory firms, Hughes Warren has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $98.93 million for 271 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.

Hughes Warren doesn't advise any private funds.

Careers at Hughes Warren, Inc.

The company employs 4 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 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
Melinda Warren	Co-president/ chief compliance officer	1 Oct 2007	50% - 75%	4564050
Theodore John Hughes	Co-president	1 Oct 2007	50% - 75%	4564055
Melinda M Warren	Co-president/ chief compliance officer	1 Oct 2007	50% - 75%	4564050

Based in Oklahoma City

The principal office where Hughes Warren, Inc. performs its advisory services is located at 9150 N. May Avenue, Oklahoma City, OK 73120 4417, 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 405-418-4080 or by fax 405-418-4082. The normal business hours are 8am-5pm m-th, 8am-3pm f on Monday - Friday. You can find more information about the New York firm at hugheswarren.com.