Carlton, Hofferkamp And Jenks Wealth Management, LLC (The Woodlands)

Name: Carlton, Hofferkamp And Jenks Wealth Management, LLC
Address: 10200 Grogan's Mill Road, The Woodlands, TX, 77380
Telephone: 281-298-2700

Carlton, Hofferkamp And Jenks Wealth Management, LLC is a large advisory firm based in The Woodlands. It manages $310.71 million of regulatory assets for 564 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Missouri and Texas.

Carlton, Hofferkamp And Jenks Wealth Management provides portfolio management for individuals and small businesses 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.

Carlton, Hofferkamp And Jenks Wealth Management: assets under management

The assets under management (AUM) of Carlton, Hofferkamp And Jenks Wealth Management, LLC is $310.71 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 159% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $310.71 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $550.9 thousand each.

Carlton, Hofferkamp And Jenks Wealth Management has custody of $5.62 million in cash and securities for 6 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 39% of the total AUM. The second-largest asset type is exchange traded securities, which make up 29% of the firm’s portfolio. Investments in government bonds form 20% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Carlton, Hofferkamp And Jenks Wealth Management, LLC for their services and products based on a percentage of assets under management. 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 Carlton, Hofferkamp And Jenks Wealth Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Carlton, Hofferkamp And Jenks Wealth Management is high net worth individuals with 70 clients and $246.21 million of assets under management. Among the 4 most similar advisory firms, Carlton, Hofferkamp And Jenks Wealth Management has the 2nd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $310.71 million for 208 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.

Carlton, Hofferkamp And Jenks Wealth Management doesn't advise any private funds.

Careers at Carlton, Hofferkamp And Jenks Wealth Management, LLC

The company employs 4 people that are either part- or full-time employees. 75 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
James Clark Carlton	Managing director/chief compliance officer	1 Aug 2010	50% - 75%	1376707
Barbara Kathryn Jenks	Principal	1 Aug 2010	Other	2801669
Scott Michael Hofferkamp	Principal	1 Aug 2010	Other	2764121
Hunter A. (M I Only) Hernandez	Client relations	1 Aug 2010	Other	5390745
John Edward Sinitiere	Client relations	1 Aug 2010	Other	5444968
Hunter A Hernandez	Client relations	1 Aug 2010	Other	5390745
John E Sinitiere	Client relations	1 Aug 2010	Other	5444968
Scott Michael Hofferkamp	Principal	1 Aug 2017	25% - 50%	2764121
John Edward Sinitiere	Chief compliance officer	1 Nov 2018	Other	5444968

Based in The Woodlands

The principal office where Carlton, Hofferkamp And Jenks Wealth Management, LLC performs its advisory services is located at 10200 Grogan's Mill Road, The Woodlands, TX 77380, 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 281-298-2700 or by fax 281-298-2760. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at chjwealthmanagement.com.