Simmons L E & Associates Inc (Houston)

Name: Simmons L E & Associates Inc
Address: 600 Travis, Suite 6600, Houston, TX, 77002 3007
Telephone: 713-227-7888

Simmons L E & Associates Inc is a large advisory firm based in Houston. It manages $873.45 million of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Texas.

Simmons L E & Associates provides specific portfolio investments in a single sector - energy services and equipment. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Simmons L E & Associates: assets under management

The assets under management (AUM) of Simmons L E & Associates Inc is $873.45 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 16% since the beginning of its operation, and $43.58 million of the total AUM is attributable to clients outside of the United States.

The firm manages $873.45 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $109.18 million each.

Simmons L E & Associates has custody of $873.45 million in cash and securities for 8 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Simmons L E & Associates Inc for their services and products based on performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients James Woods serves?

The only and largest group of clients of James Woods is pooled investment vehicles with 8 clients and $873.45 million of assets under management. Among the 10 most similar advisory firms, Simmons L E & Associates has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $873.45 million for 8 clients. 25% of the firm’s clients are foreign persons or businesses.

Simmons L E & Associates also advises several private funds. Namely, eight private equity funds. The minimum investment commitment required of non-related persons ranges from $25,000 to $500,000.

Careers at Simmons L E & Associates Inc

The company employs 22 people that are either part- or full-time employees. 68 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.

James Woods has been acting as President since 1 Dec 1999. Laurence Ellison Simmons joined the executive team most recently as the Chairman And Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Laurence Ellison Simmons	President and shareholder	1 Feb 1989	75% - 100%	1921292
Russell Hawkins	Director	1 Aug 1995	Other	2176084
David Clarke Baldwin	Managing director	1 Apr 1998	Other	2178196
Andrew Lyndon Waite	Managing director	1 Apr 1998	Other	2413512
Anthony Deluca	Managing director	1 Oct 1999	Other	2670155
Anthony Fischer Deluca	Managing director/cco	1 Oct 1999	Other	2670155
James Woods	Director	1 Dec 1999	Other	4506846
Laurence Ellison Simmons	Chairman and shareholder	1 Apr 2014	75% - 100%	1921292
David Clarke Baldwin	Co-president	1 Apr 2014	Other	2178196
Anthony Fischer Deluca	Partner/chief compliance officer	1 Apr 2014	Other	2670155
Andrew Lyndon Waite	Co-president	1 Apr 2014	Other	2413512

Based in Houston

The principal office where Simmons L E & Associates Inc performs its advisory services is located at 600 Travis, Suite 6600, Houston, TX 77002 3007, 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 713-227-7888 or by fax 832-213-1313. 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 scfpartners.com.