Transwestern Investment Management, LLC (Dallas)


Transwestern Investment Management, LLC is a large advisory firm based in Dallas. It manages $4.44 billion of regulatory assets for 14 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Texas.

Transwestern Investment Management provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Transwestern Investment Management: assets under management

The assets under management (AUM) of Transwestern Investment Management, LLC is $4.44 billion. The firm's AUM has grown by 438% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $513.91 million in discretionary accounts and $3.93 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $171.3 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $356.84 million.
Transwestern Investment Management has custody of $513.91 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Transwestern Investment Management, LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Ronald Earl Davis Jr. serves?

The firm provides services to insurance companies, pooled investment vehicles, and state or municipal government entities. The largest group of clients of Ronald Earl Davis Jr. is pooled investment vehicles with 8 clients and $2.06 billion of assets under management. Among the 5 most similar advisory firms, Transwestern Investment Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $3.36 billion for 10 clients. None of the firm’s clients are foreign persons or businesses.

Transwestern Investment Management also advises several private funds. Namely, eight real estate funds. The minimum investment commitment required of non-related persons ranges from $0 to $20,000,000.

Careers at Transwestern Investment Management, LLC

The company employs 28 people that are either part- or full-time employees. 82 percent of the employees work as investment advisers or researchers. No 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.

Ronald Earl Davis Jr. has been acting as President since 1 Oct 2012. Charles Nicholas Hazen joined the executive team most recently as the President.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Transwestern Investment Group Limited liability company 1 Feb 1978 75% - 100% 45-1535013
Laurie Litherland Dotter President and chief compliance officer 1 Oct 2010 Other 6010392
Robert Douglas Duncan Director and chairman 1 Oct 2010 Other 5291409
Lawrence Pike Heard Director and chief executive officer 1 Oct 2010 Other 6074029
Thomas Oliver Mcnearney Elected manager 1 Oct 2010 Other 6074032
Laurie Dotter President and chief compliance officer 1 Oct 2010 Other 6010392
Llc Transwestern Investment Group Member 1 Mar 2011 75% - 100% 45-1535013
Collin Kent Comer Managing director, acquisitions 1 Feb 2012 Other 6054008
Ronald Earl Davis Jr. Director 1 Oct 2012 Other 6074037
Paul Garancis Managing director, asset management 1 Dec 2012 Other 6826936
Scott Randall Fitzgerald Executive managing director of transwestern strategic partners llc 1 Dec 2012 Other 2209506
Reid Bourgeois Chief compliance officer and chief financial officer 1 Jun 2017 Other 6827217
Laurie Litherland Dotter President of transwestern corporate properties 1 Jun 2017 Other 6010392
Charles Nicholas Hazen President 1 Sep 2017 Other 4697523

Indirect Owners

The SEC currently registers 5 indirect owners.

Name Entity Date acquired Ownership Employer ID
Llc Transwestern Investment Group Member 1 Oct 2010 75% - 100% 45-1535013
Robert Douglas Duncan Member 1 Mar 2011 50% - 75% 5291409
Llc Transwestern Investment Group Member 1 Apr 2011 75% - 100% 27-3789697
Robert Douglas Duncan Member 1 Dec 2014 25% - 50% 5291409
Llc Transwestern Investment Group Member 1 Sep 2015 75% - 100% 45-1535013

Based in Dallas

The principal office where Transwestern Investment Management, LLC performs its advisory services is located at 8235 Douglas Avenue, Dallas, TX 75225, which is also the mailing address of the firm. An additional office of the firm is in Houston, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 214-572-9817. The normal business hours are 8:30a.m. - 5:30p.m. on Monday - Friday. You can find more information about the New York firm at transwesterninvest.com.