Kercheville Advisors LLC (San Antonio)

Kercheville Advisors LLC is a large advisory firm based in San Antonio. It manages $268.96 million of regulatory assets for 631 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of Texas.

Kercheville Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Kercheville Advisors: assets under management

The assets under management (AUM) of Kercheville Advisors LLC is $268.96 million. The firm's AUM has grown by 142% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $262.05 million in discretionary accounts and $6.91 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $460.55 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $111.39 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 52% of the total AUM. The second-largest asset type is investment and business development companies, which make up 27% of the firm’s portfolio. Investments in cash and cash equivalents form 13% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Kercheville Advisors LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Joe Beaty Kercheville serves?

The firm provides services to individuals, investment companies, high net worth individuals, and corporations or other businesses. The largest group of clients of Joe Beaty Kercheville is high net worth individuals with 76 clients and $174.07 million of assets under management. Among the 12 most similar advisory firms, Kercheville Advisors has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $264.6 million for 287 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.

Kercheville Advisors doesn't advise any private funds.

Careers at Kercheville Advisors LLC

The company employs 7 people that are either part- or full-time employees. 43 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.

Joe Beaty Kercheville has been acting as President since 1 Aug 2013. Jeffrey Stephen Dabbs joined the executive team most recently as the Treasurer, Cfo, Sr. Vp, Cco.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Joe Beaty Kercheville	President	1 Aug 2013	75% - 100%	268275
Jeffrey Stephen Dabbs	Treasurer, cfo, sr. vp, cco	1 Aug 2013	Other	2783445
Brad A Dobson	Vice president	1 Aug 2013	Other	5735900
Kimberly Stuart Wolff	Secretary	1 Aug 2013	Other	2727036

Based in San Antonio

The principal office where Kercheville Advisors LLC performs its advisory services is located at 15750 Ih 10 West, San Antonio, TX 78249 The mailing address of the firm is 15750 W Interstate 10, San Antonio, TX 78249. An additional office of the firm is in Boerne, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 210-694-5000 or by fax 210-561-3317. The normal business hours are 8:00am to 5:00pm on Monday - Friday.