Woodlands Asset Management Inc (The Woodlands)


Woodlands Asset Management Inc is a large advisory firm based in The Woodlands. It manages $267.34 million of regulatory assets for 644 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Louisiana, Texas, and Virginia.

Woodlands Asset Management provides portfolio management for individuals and small businesses and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Woodlands Asset Management: assets under management

The assets under management (AUM) of Woodlands Asset Management Inc is $267.34 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 480% since the beginning of its operation, and $762.27 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $267.34 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $415.13 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 36% of the total AUM. The second-largest asset type is exchange traded securities, which make up 29% of the firm’s portfolio. Investments in state and local bonds form 23% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Woodlands Asset Management 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 Woodlands Asset Management serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Woodlands Asset Management is high net worth individuals with 33 clients and $133.43 million of assets under management. Among the 12 most similar advisory firms, Woodlands Asset Management has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $267.34 million for 473 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.

Woodlands Asset Management doesn't advise any private funds.

Careers at Woodlands Asset Management Inc

The company employs 11 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.

There are 5 people 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Morris Lynn Monroe Pres/ceo/chief compliance officer 1 Jan 1994 75% - 100% 1227631

Based in The Woodlands

The principal office where Woodlands Asset Management Inc performs its advisory services is located at 10655 Six Pines Dr Ste 100, The Woodlands, TX 77380 The mailing address of the firm is Po Box 7805, The Woodlands, TX 77387. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 281-367-2483 or by fax 281-298-1182. The normal business hours are 8:00 am-5:00 pm/4:00 pm-fridays on Monday - Friday. You can find more information about the New York firm at woodlandsassetmgt.com.