Deep Discount Advisors Inc is a large advisory firm based in Houston. It manages $120.54 million of regulatory assets for 174 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, North Carolina, and Texas.
Deep Discount Advisors provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Deep Discount Advisors Inc is $120.54 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 67% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Deep Discount Advisors Inc for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
Ronald Olin has been acting as President since 1 Jun 1993. Ralph Denneth Mcbride joined the executive team most recently as the President.
The principal office where Deep Discount Advisors Inc performs its advisory services is located at 1800 Bering, Suite 850, Houston, TX 77057, which is also the mailing address of the firm. An additional office of the firm is in Asheville, NC. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 713-221-1208 or by fax 713-221-1551. The normal business hours are 9 a.m.-5 p.m. on Monday - Friday.