Dale Buckner, Inc. (Amarillo)

Name: Dale Buckner, Inc.
Address: 301 S. Polk, Amarillo, TX, 79101
Telephone: 1-806-358-7977

Dale Buckner, Inc. is a large advisory firm based in Amarillo. It manages $103.98 million of regulatory assets for 766 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Arizona, New Mexico, Oklahoma, and Texas.

Dale Buckner provides financial planning services, portfolio management for individuals and small businesses, educational seminars and workshops, and referrals. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Dale Buckner: assets under management

The assets under management (AUM) of Dale Buckner, Inc. is $103.98 million. The firm's AUM has gone down by -5% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $80.9 million in discretionary accounts and $23.08 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $131.76 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $151.85 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 80% of the total AUM. The second-largest asset type is exchange traded securities, which make up 15% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

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

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Dale Edward Buckner is individuals with 742 clients and $72.25 million of assets under management. Among the 5 most similar advisory firms, Dale Buckner has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $103.98 million for 766 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.

Dale Buckner doesn't advise any private funds.

Careers at Dale Buckner, Inc.

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

Dale Edward Buckner has been acting as President since 1 Feb 2006. Brett Dewayne Hansen joined the executive team most recently as the Senior Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Dale Edward Buckner	President/cco/chairman of the board/shareholder	1 Feb 2006	75% - 100%	1838126
Gloria Elaine Coleman	Senior vice-president	1 May 2013	Other	3072829
Brett Dewayne Hansen	Senior vice president	1 Jul 2018	Other	1498631

Based in Amarillo

The principal office where Dale Buckner, Inc. performs its advisory services is located at 301 S. Polk, Amarillo, TX 79101 The mailing address of the firm is P.O. Box 9700, Amarillo, TX 79105 9700. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 1-806-358-7977 or by fax 1-806-358-8050. The normal business hours are 8:30 a.m.-5:30 p.m. on Monday - Friday. You can find more information about the New York firm at makemoneythinkrich.com/.