Mission Institutional Advisors LLC (Dallas)


Mission Institutional Advisors LLC is an investment adviser to an investment company based in Dallas. It manages $17.84 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Texas.

Mission Institutional Advisors provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Mission Institutional Advisors: assets under management

The assets under management (AUM) of Mission Institutional Advisors LLC is $17.84 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 41% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $17.84 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $17.84 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Mission Institutional Advisors LLC for their services and products based on a percentage of assets under management. 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.

What kind of clients Mission Institutional Advisors serves?

The only and largest group of clients of Mission Institutional Advisors is investment companies with 1 clients and $17.84 million of assets under management. Among the 3 most similar advisory firms, Mission Institutional Advisors has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $17.84 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Mission Institutional Advisors doesn't advise any private funds.

Careers at Mission Institutional Advisors LLC

The company employs 3 people that are either part- or full-time employees. 33 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Sharon Marla Goldberg Cco 1 Aug 2017 Other 3103791
Linda Michelle Pix Member 1 Aug 2017 Other 2162592
Llc Integrated Advisors Network Member 1 Aug 2017 Other 46-5754053
Phillips & Wyler Llc Spark Managing member 1 Aug 2017 75% - 100% 20-0136463

Indirect Owners

The SEC currently registers 6 indirect owners.

Name Entity Date acquired Ownership Employer ID
Jeffrey James Groves President 1 Jun 2007 75% - 100% 2252184
Michael Allen Young Managing member 1 Feb 2015 25% - 50% 2408324
Linda Michelle Pix Managing member 1 Feb 2015 25% - 50% 2162592
Inc. Compliance Works Owner 1 Feb 2015 25% - 50% 26-0345432
Jeffrey James Groves Managing member 1 Aug 2017 50% - 75% 2252184
Michael Allen Young Managing member 1 Aug 2017 50% - 75% 2408324

Based in Dallas

The principal office where Mission Institutional Advisors LLC performs its advisory services is located at 5956 Sherry Lane, Dallas, TX 75225 The mailing address of the firm is P.O. Box 25523, Dallas, TX 75225. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 800-725-1893. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at themissionfunds.com.