Slaughter Richard P Associates Inc (Austin)


Slaughter Richard P Associates Inc is a large advisory firm based in Austin. It manages $507.39 million of regulatory assets for 1,230 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Massachusetts, New Mexico, and Texas.

Slaughter Richard P Associates provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, publication of newsletters, and educational seminars and workshops. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Slaughter Richard P Associates: assets under management

The assets under management (AUM) of Slaughter Richard P Associates Inc is $507.39 million. The firm's AUM has grown by 687% since the beginning of its operation, and $508.2 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $478.22 million in discretionary accounts and $29.16 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $393.6 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.94 million.
Slaughter Richard P Associates has custody of $191.29 million in cash and securities for 166 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 53% of the total AUM. The second-largest asset type is other assets, which make up 38% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Slaughter Richard P Associates Inc 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.

What kind of clients Slaughter Richard P Associates serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Slaughter Richard P Associates is high net worth individuals with 221 clients and $370.1 million of assets under management. Among the 6 most similar advisory firms, Slaughter Richard P Associates has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $507.39 million for 426 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Slaughter Richard P Associates doesn't advise any private funds.

Careers at Slaughter Richard P Associates Inc

The company employs 13 people that are either part- or full-time employees. 85 percent of the employees work as investment advisers or researchers. 13 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 receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Barbara Corbin Slaughter Secretary 1 Jan 1991 25% - 50% 4371978
Richard Polk Slaughter Chairman of the board 1 Jan 1991 Other 1607258
Kirsten Elizabeth Slaughter Vice president / bookkeeper 1 Dec 1999 Other 4371987
Brooks Collier Slaughter President / ceo/chief compliance officer/chairman of the board 1 Dec 1999 25% - 50% 2313765
Brooks Slaughter President / ceo 1 Dec 1999 25% - 50% 2313765
Barbara Corbin Slaughter Secretary 1 Dec 1999 Other 4371978
Robert Miles Tabor Vice president 1 Aug 2001 Other 3150280
Robert Tabor Vice president 1 Aug 2001 Other 3150280
Darby Suggs Armont Vice president 1 Jun 2004 Other 3231569
Ann Michele Nowell Vice president 1 Jun 2011 Other 4895833

Based in Austin

The principal office where Slaughter Richard P Associates Inc performs its advisory services is located at 13809 Research Blvd, Austin, TX 78750 The mailing address of the firm is 13809 N Hwy 183, Austin, TX 78750. An additional office of the firm is in Dallas, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 512-918-0000 or by fax 512-918-0001. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at slaughterinvest.com and its LinkedIn profile.