Sweetwater Financial Advisors, LLC (Sugar Land)

Name: Sweetwater Financial Advisors, LLC
Address: 4665 Sweetwater Blvd., Sugar Land, TX, 77479
Telephone: 281-491-3333

Sweetwater Financial Advisors, LLC is an adviser based in Sugar Land. It manages $47.8 million of regulatory assets for 253 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Louisiana and Texas.

Sweetwater Financial Advisors provides financial planning services, portfolio management for individuals and small businesses, 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.

Sweetwater Financial Advisors: assets under management

The assets under management (AUM) of Sweetwater Financial Advisors, LLC is $47.8 million. The firm's AUM has grown by 89% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $44 million in discretionary accounts and $3.8 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $174.6 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.8 million.

Sweetwater Financial Advisors has custody of $26.57 million in cash and securities for 48 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 50% of the total AUM. The second-largest asset type is exchange traded securities, which make up 40% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sweetwater Financial Advisors, LLC for their services and products based on a percentage of assets under management, fixed fees, and 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 Sweetwater Financial Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Sweetwater Financial Advisors is individuals with 107 clients and $26.2 million of assets under management. Among the 1 most similar advisory firms, Sweetwater Financial Advisors has the 0th lowest percentage of individuals out of all clients.

The amount of regulatory assets under management is $40.5 million for 134 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.

Sweetwater Financial Advisors doesn't advise any private funds.

Careers at Sweetwater Financial Advisors, LLC

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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 receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mark Dixon Snelling	Partner	1 Jun 2001	50% - 75%	1824437
David Bryan Teel	Partner, chief compliance officer	1 Jun 2001	50% - 75%	4381081

Based in Sugar Land

The principal office where Sweetwater Financial Advisors, LLC performs its advisory services is located at 4665 Sweetwater Blvd., Sugar Land, TX 77479, which is also the mailing address of the firm. 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 281-491-3333 or by fax 281-491-3331. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at sfacorp.com and its LinkedIn profile.