SOURCE: BrightScope

BrightScope

December 14, 2011 10:00 ET

BrightScope Releases List of Top 25 Houston Area-Based Registered Investment Advisor Firms

Paul Comstock Partners Ranks No.1 With $1.6B Total Assets Under Management, Followed by Patriot Wealth Management, Inc. With More Than $733M

SAN DIEGO, CA--(Marketwire - Dec 14, 2011) - BrightScope (www.brightscope.com), a leading provider of independent financial information and investment research, today announced the Top 25 Registered Investment Advisors in the Houston area, focused on individual money management. BrightScope identifies firms that primarily manage money for individuals based on the client types information firms provide in their ADV filings. This is the eighth list in a series that BrightScope will regularly release to highlight data contained within its Advisor Pages™, a breakthrough way for people to discover, research, and select a financial advisor.

"BrightScope Advisor Pages is the only consumer-facing, in-depth resource that allows investors to extensively research financial advisors," said Shaloha Aires, GM of Advisor Pages at BrightScope. "By using publicly available data on financial advisors to create our comprehensive directory, BrightScope Advisor Pages has set a new standard of transparency that previously did not exist in the financial services industry."

By aggregating hard-to-discover but publicly available information on advisors, BrightScope has created a free, easy-to-use database that is searchable from multiple dimensions. BrightScope Advisor Pages™ features the data most critical to investors tasked with making an informed decision on which financial professional best meets their needs, including location, qualifications, amount and types of assets under management, area of specialty, legal disputes, formal complaints and more.

Top 25 Houston area-based advisors:

Company - Total assets under management

1. Paul Comstock Partners - $1.6B

2. Patriot Wealth Management, Inc. - $733.7M

3. Mitchell Group, Inc. - $711.8M

4. Tanglewood Wealth Management, Inc. - $636.5M

5. Hourglass Capital, LLC - $604.4M

6. USF Services, LLC - $574.8M

7. Chilton Capital Management - $559.5M

8. Cypress Asset Management, Inc. - $439.0M

9. Sequent Asset Management, LLC -$390.2M

10. Streettalk Advisors, LLC - $370.0M

11. Financial Synergies Asset Management, Inc. - $363.9M

12. Pacific Strategic Management, LP -$354.7M

13. Texan Capital - $327.2M

14. Scott & Selber Inc, Capital Management - $290.4M

15. Crimson Management - $259.0M

16. Corda Investment Management - $239.4M

17. McMurrey Investment Advisors, LLC - $202.8M

18. Fruth Investment Management - $189.1M

19. Callahan Advisors, LLC - $179.7M

20. Doliver Capital Advisors, LP - $176.6

21. Franklin, Turner & Welch, LLC - $176.0M

22. Goodman Financial Corporation - $171.1M

23. Partnersinwealth, Inc. - $169.4M

24. Heritage Asset Advisors LTD., LLP - $154.9M

25. WJ Interests, LLC - $152.5M

BrightScope obtains its data directly from publicly available sources, including required regulatory filings from the Securities and Exchange Commission. Financial advisors can augment these primary sources by claiming their BrightScope Advisor Page™. By analyzing and interpreting this data, BrightScope now provides unparalleled insight into the financial management industry.

For more information about BrightScope Advisor Pages™ or to find information on a financial advisor, please visit http://www.brightscope.com/financial-planning/find/advisor/.

About BrightScope
BrightScope is a financial information company that brings transparency to opaque markets through independent research and analysis. Delivered through web-based software, BrightScope data drives better decision-making for individual investors, corporate plan sponsors, asset managers, broker-dealers, and financial advisors. The BrightScope Rating™, developed in partnership with leading independent 401k fiduciaries, reviews more than 200 unique data inputs per plan and calculates a single numerical score which defines plan quality at the company level. In April 2011, the company launched BrightScope Advisor Pages™, the first comprehensive and publicly available directory of financial advisors designed to help consumers discover information and conduct due diligence on wealth management professionals. BrightScope also markets a suite of data analytics software products to Fortune 1000 companies, asset managers, broker-dealers, financial advisors, and other market participants. Public ratings for more than 46,000 retirement plans as well as rating definitions, criteria and methodologies, and information on more than 450,000 financial advisors are available for free at www.brightscope.com.

Contact Information

  • Katie Carlson
    Atomic PR for BrightScope
    415-593-1400
    Email Contact