First Dallas Securities, Inc. is a large advisory firm based in Dallas. It manages $171.76 million of regulatory assets for 384 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 23 other states.
First Dallas Securities 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.
The assets under management (AUM) of First Dallas Securities, Inc. is $171.76 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -12% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay First Dallas Securities, Inc. for their services and products based on commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Camille Hodges Hays is individuals with 381 clients and $152.37 million of assets under management. Among the 11 most similar advisory firms, First Dallas Securities has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $171.76 million for 384 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.
First Dallas Securities doesn't advise any private funds.
The company employs 24 people that are either part- or full-time employees. 13 percent of the employees work as investment advisers or researchers. 3 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 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.
Camille Hodges Hays has been acting as President since 1 Sep 2000. Michael Edward Rask joined the executive team most recently as the President, Rop.
The principal office where First Dallas Securities, Inc. performs its advisory services is located at 2905 Maple Ave., Dallas, TX 75201, 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 214-954-1177 or by fax 214-754-8721. The normal business hours are 8:00am to 4:30pm on Monday - Friday. You can find more information about the New York firm at firstdallas.com.