Carl Stuart Investment Advisor, Inc. (Austin)

Carl Stuart Investment Advisor, Inc. is a large advisory firm based in Austin. It manages $303.95 million of regulatory assets for 300 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdiction of Texas.

Carl Stuart Investment Advisor provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Carl Stuart Investment Advisor: assets under management

The assets under management (AUM) of Carl Stuart Investment Advisor, Inc. is $303.95 million. The firm's AUM has grown by 335% since the beginning of its operation, and $351.16 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $271.8 million in discretionary accounts and $32.15 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $995.59 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.19 million.

Investments

The firm invests in investment and business development companies the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Carl Stuart Investment Advisor, Inc. 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 Carl Wilson Stuart serves?

The only and largest group of clients of Carl Wilson Stuart is high net worth individuals with 300 clients and $303.95 million of assets under management. Among the 7 most similar advisory firms, Carl Stuart Investment Advisor has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $303.95 million for 300 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.

Carl Stuart Investment Advisor doesn't advise any private funds.

Careers at Carl Stuart Investment Advisor, 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.

Carl Wilson Stuart has been acting as President since 1 Dec 1997. Linda Joann Heard joined the executive team most recently as the Secretary/Treasurer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Lisa A Bocanegra	Vice president	1 Dec 1997	Other	2017210
Carl Wilson Stuart	President/chief compliance officer	1 Dec 1997	75% - 100%	860980
Lisa L Bocanegra	Vice president	1 Dec 1997	Other	2017210
Linda Joann Heard	Secretary/treasurer	1 Mar 1999	Other	2821491

Based in Austin

The principal office where Carl Stuart Investment Advisor, Inc. performs its advisory services is located at 623 W 38 Th Street, Austin, TX 78705 1212, 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 512-478-2275 or by fax 512-478-3062. The normal business hours are m-th-8:30-5:00, f-8:30-4:00 on Monday - Friday.