Cogent Advisory Group LLC is a large advisory firm based in Houston. It manages $158.16 million of regulatory assets for 1,029 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Arkansas, Florida, Louisiana, and Texas.
Cogent Advisory Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Cogent Advisory Group LLC is $158.16 million. The firm's AUM has grown by 89% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Cogent Advisory Group 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.
The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Cogent Advisory Group is individuals with 706 clients and $108.33 million of assets under management. Among the 8 most similar advisory firms, Cogent Advisory Group has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $157.37 million for 741 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.
Cogent Advisory Group doesn't advise any private funds.
The company employs 7 people that are either part- or full-time employees. 71 percent of the employees work as investment advisers or researchers. 5 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.
The principal office where Cogent Advisory Group LLC performs its advisory services is located at 3737 Buffalo Speedway, Houston, TX 77098, which is also the mailing address of the firm. An additional office of the firm is in Shreveport, LA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 713-355-9910 or by fax 713-355-1910. The normal business hours are 8:00 am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at cornerstoneshreveport.com.