The FINANCIAL MANAGEMENT PROFESSIONALS INC is a privately held investment adviser that advises $1.34Bn in regulatory assets under management held in 2 SEC fund types across 2 investment strategies. FINANCIAL MANAGEMENT PROFESSIONALS INC is a Retail Wealth A retail wealth manager is a manager whose >=75% of total assets under management are managed for individual investors through retail advisory or brokerage channels. Manager. Assets increased by 66.11% over the last 5-years.
The Group has been registered with the SEC for 38.98 years and is comprised of 1 filing and 0 relying advisers. They operate out of 2 office locations with their Headquarters at 6034 WEST COURTYARD DRIVE SUITE 380, AUSTIN, TEXAS. The Group has not been subject to regulatory enforcement actions. They are regulated by 1 US and Non-US bodies.
They have 14 employees comprised of 12 investment and 2 non-investment staff. The total number of Employees increased by 40% over the last 5-years.
Their $1.34Bn in assets advised are owned by 2 private funds, 0 public funds and BDCs and 25 other accounts. Assets of High Net Worth Individuals clients own $985.83mn or 73.35% of Total Assets and Individuals own $223.01mn or 16.59% of Total Assets.
The Group's top investment strategies include Long/Short Equity and Real Estate, representing 90.35% and 9.65% of total assets, respectively.
They advise 5 types of clients, top clients are High Net Worth Individuals and Individuals.
The Group uses 1 Fund Administrators, 2 Fund Auditors, 0 Prime Brokers, 1 Custodians and 0 Marketers. It does not report a third-party Fund Administrator in 1 private funds with $4.38mn in assets.
The Group discloses fixed fees and management fees.
FINANCIAL MANAGEMENT PROFESSIONALS INC names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.