Wfg Advisors, LP (Dallas)

Name: Wfg Advisors, LP
Address: 2711 N Haskell Ave, Dallas, TX, 75204
Telephone: 972-661-8700

Wfg Advisors, LP is a large advisory firm based in Dallas. It manages $1.5 billion of regulatory assets for 8,500 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.

Wfg Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for approximately 600 clients. On top of advisory services, the firm doesn't engage in other business activities.

Wfg Advisors: assets under management

The assets under management (AUM) of Wfg Advisors, LP is $1.5 billion. The firm's AUM has grown by 226018000% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.43 billion in discretionary accounts and $68.5 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $174.5 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $224.59 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wfg Advisors, LP for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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.

Careers at Wfg Advisors, LP

David Wilson Williams has been acting as President since 1 Sep 2007. Robert Philip Schlangen joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Wilson Henry Williams	President	1 Nov 2002	Other	834161
Suzanne Michelle Dowdy	Chief operating office	1 Nov 2002	Other	1129823
Donald William Sterling	Financial operations principal	1 Nov 2002	Other	1192425
Dagny Wright Young	Chief compliance officer	1 Nov 2002	Other	2050615
Inc. Wfg Holding	Owner of wfg advisors i, inc.	1 Nov 2002	75% - 100%	75-2778972
Inc. Wfg Advisors I	General partner of wfg advisors, lp	1 Nov 2002	Other	03-0509856
Inc. Wfg Advisors 1	Limited partner	1 Apr 2003	Other	03-0509856
David Wilson Williams	President	1 Sep 2007	Other	4178982
Varkey John	Financial operations principal	1 Apr 2008	Other	4530162
Darla Garee Wilton	Director of advisor services	1 Sep 2008	Other	712257
Craig Allen Love	Director/manager of advisor services	1 Sep 2008	Other	712257
Carie Marie Heckler	Chief compliance officer, wfg advisors, lp	1 Dec 2010	Other	4557559
Dagny Wright Young	Chief compliance officer	1 Dec 2011	Other	2050615
Claude Rufus Connelly	Chief operating officer	1 Dec 2012	Other	4501166
Inc. Williams Financial Group	General partner	1 Apr 2013	75% - 100%	75-2778972
Judith Anne Knudsen	Chief compliance officer	1 May 2013	Other	2335086
Edward Richard Kern	Chief financial officer	1 Feb 2014	Other	4364143
David Wilson Williams	Chief compliance officer	1 Feb 2014	Other	2335086
Judith Anne Knudsen	Chief compliance officer	1 Feb 2014	Other	2335086
Thomas David Kowalczyk	Senior vice president	1 Mar 2014	Other	5630382
Edward Kern	Chief financial officer	1 Mar 2014	Other	4530162
Robert Philip Schlangen	Chief compliance officer	1 Aug 2014	Other	2939848

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
W.H. Williams Family L.P.	Owner	1 Nov 2002	75% - 100%	75-2803663

Based in Dallas

The principal office where Wfg Advisors, LP performs its advisory services is located at 2711 N Haskell Ave, Dallas, TX 75204, 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 972-661-8700 or by fax 972-354-4434. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at williams-financial.com.