Trinity Legacy Partners, LLC (Houston)

Name: Trinity Legacy Partners, LLC
Address: 4888 Loop Central, Houston, TX, 77081
Telephone: 713-999-8053

Trinity Legacy Partners, LLC is a large advisory firm based in Houston. It manages $169.81 million of regulatory assets for 507 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Florida and Texas.

Trinity Legacy Partners provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Trinity Legacy Partners: assets under management

The assets under management (AUM) of Trinity Legacy Partners, LLC is $169.81 million. The firm's AUM has grown by 44% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $169.35 million in discretionary accounts and $458.29 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $334.68 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $458.29 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 90% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 5% of the firm’s portfolio. Investments in pooled investment vehicles form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Trinity Legacy Partners, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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 Trinity Legacy Partners serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Trinity Legacy Partners is high net worth individuals with 41 clients and $120.98 million of assets under management. Among the 12 most similar advisory firms, Trinity Legacy Partners has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $169.46 million for 153 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.

Trinity Legacy Partners doesn't advise any private funds.

Careers at Trinity Legacy Partners, LLC

The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 4 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Lp R & D Rawson	Partner/member	1 Sep 2011	Other	76-0485517
Lp Rdkb Rawson	Partner/member	1 Sep 2011	Other	76-0485518
John Paul Wilkinson	Member/chief compliance officer/ chief executive officer	1 Sep 2011	25% - 50%	2851650
Llc Lifetree Financial	Partner/member	1 Mar 2014	Other	46-4238053
Anthony Laurence Garcia	Member/portfolio analyst	1 Dec 2017	Other	5390020

Indirect Owners

The SEC currently registers 7 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Llc Pom Asset Management	General partner	1 Sep 2011	Other	00-0000000
Richard Glen Rawson	Owner	1 Sep 2011	50% - 75%	6798264
Dawn Marie Rawson	Owner	1 Sep 2011	50% - 75%	6798288
Richard Rawson	Owner	1 Sep 2011	50% - 75%	6798264
Dawn Rawson	Owner	1 Sep 2011	50% - 75%	6798288
Larry Breck Bell	Owner	1 Mar 2014	50% - 75%	2218553
Lauri Ann Bell	Owner	1 Mar 2014	50% - 75%	6798247

Based in Houston

The principal office where Trinity Legacy Partners, LLC performs its advisory services is located at 4888 Loop Central, Houston, TX 77081, 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 713-999-8053 or by fax 713-574-5782. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at trinitylegacypartners.com.