Margolis Brady Raghavan Financial, Inc. (Houston)

Name: Margolis Brady Raghavan Financial, Inc.
Address: 2000 West Loop South, Houston, TX, 77027
Telephone: 832-667-8787

Margolis Brady Raghavan Financial, Inc. is a large advisory firm based in Houston. It manages $522.95 million of regulatory assets for 1,058 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Nebraska and Texas.

Margolis Brady Raghavan Financial provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Margolis Brady Raghavan Financial: assets under management

The assets under management (AUM) of Margolis Brady Raghavan Financial, Inc. is $522.95 million. The firm's AUM has grown by 28% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $439.28 million in discretionary accounts and $83.66 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $563.18 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $300.95 thousand.

Margolis Brady Raghavan Financial has custody of $508.01 million in cash and securities for 346 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 80% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 12% of the firm’s portfolio. Investments in exchange traded securities form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Margolis Brady Raghavan Financial, Inc. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, commissions, and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Margolis Brady Raghavan Financial serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Margolis Brady Raghavan Financial is high net worth individuals with 161 clients and $439 million of assets under management. Among the 10 most similar advisory firms, Margolis Brady Raghavan Financial has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $522.95 million for 352 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.

Margolis Brady Raghavan Financial doesn't advise any private funds.

Careers at Margolis Brady Raghavan Financial, Inc.

The company employs 9 people that are either part- or full-time employees. 56 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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
Suresh Raghavan	Principal, chief compliance officer	1 Sep 2011	25% - 50%	4721021
Mary Kathryn Margolis	Principal	1 Sep 2011	25% - 50%	2203255
Alfred Bernard Brady	Principal	1 Sep 2011	25% - 50%	2147873
Daniel James Bender	Principal	1 Jan 2015	25% - 50%	1420428

Based in Houston

The principal office where Margolis Brady Raghavan Financial, Inc. performs its advisory services is located at 2000 West Loop South, Houston, TX 77027, 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 832-667-8787 or by fax 281-974-2108. The normal business hours are 8 to 5 on Monday - Friday. You can find more information about the New York firm at mbrfinancial.com.