J.E. Simmons & Co., P.C. (Dallas)


J.E. Simmons & Co., P.C. is a large advisory firm based in Dallas. It manages $127.97 million of regulatory assets for 395 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Florida and Texas.

J.E. Simmons & Co., P.C provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and business consulting and certified public accountant. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

J.E. Simmons & Co., P.C: assets under management

The assets under management (AUM) of J.E. Simmons & Co., P.C. is $127.97 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 46% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $127.97 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $323.99 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 60% of the total AUM. The second-largest asset type is investment and business development companies, which make up 37% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay J.E. Simmons & Co., P.C. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Jack Elmer Simmons serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Jack Elmer Simmons is individuals with 289 clients and $50.75 million of assets under management. Among the 8 most similar advisory firms, J.E. Simmons & Co., P.C has the 3rd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $127.75 million for 392 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.

J.E. Simmons & Co., P.C doesn't advise any private funds.

Careers at J.E. Simmons & Co., P.C.

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 2 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.

Jack Elmer Simmons has been acting as President since 1 Jul 1997. Kyle Roger Bubeck joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Jack Elmer Simmons President 1 Jul 1997 75% - 100% 2216735
Kyle Roger Bubeck Chief compliance officer 1 Jan 2011 Other 4784699

Based in Dallas

The principal office where J.E. Simmons & Co., P.C. performs its advisory services is located at 15770 N. Dallas Parkway, Dallas, TX 75248, 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 972-404-1040 or by fax 800-467-1807. The normal business hours are 8:30 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at jesimmons.com.