Signal Securities, Inc. (Fort Worth)


Signal Securities, Inc. is a large advisory firm based in Fort Worth. It manages $400.06 million of regulatory assets for 1,878 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Arizona, Arkansas, California, and 14 other states.

Signal Securities provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for approximately 1,000 clients. On top of advisory services, the firm doesn't engage in other business activities.

Signal Securities: assets under management

The assets under management (AUM) of Signal Securities, Inc. is $400.06 million. The firm's AUM has grown by 641% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $31.65 million in discretionary accounts and $368.41 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $326.28 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $206.86 thousand.
Signal Securities has custody of $186.99 million in cash and securities for 729 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in state and local bonds the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Signal Securities, Inc. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. 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 Signal Securities serves?

The only and largest group of clients of Signal Securities is individuals with 1,176 clients and $400.06 million of assets under management. Among the 5 most similar advisory firms, Signal Securities has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $400.06 million for 1,176 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.

Signal Securities doesn't advise any private funds.

Careers at Signal Securities, Inc.

The company employs 51 people that are either part- or full-time employees. 65 percent of the employees work as investment advisers or researchers. 33 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
Ivan Jerry Singleton Pres, chrm, treas, dir, ceo 1 Jul 1988 75% - 100% 1249354
Christopher Richard Snow Vp, srop, dir 1 Apr 1999 Other 2790759
Jeffrey Howard Rothschild Vp, dir 1 Apr 2002 Other 1010313
Carla Beth Wright Cfo, cco-bd, cco-aml, sec, dir, coo 1 Oct 2004 Other 1888192
David Leland Beck Dir, vp, msp 1 Oct 2004 Other 1734145
Richard Ernest Bennett Cco-ia 1 Oct 2004 Other 1950276
Carla Beth Wright Cfo, cco-bd, cco-aml, cco-ia, sec, dir, coo 1 Jan 2005 Other 1888192
Keith Wayne Campbell Crop 1 Apr 2005 Other 1832122
Barry P Toole Crop 1 Jan 2006 Other 3142901
Michael Christopher Moynihan Vp, dir of mutual funds 1 Oct 2006 Other 3009815
Lyle Ray Campbell Chief compliance officer-bd, cco-aml, chief compliance officer-ia, sec 1 Feb 2008 Other 4855639
Christopher Richard Snow Vp, rosfp, dir 1 Jun 2008 Other 2790759
Jeffrey Howard Rothschild Vp, dir, dir of insurance operations 1 Oct 2008 Other 1010313
Christopher Richard Snow Pres, rosfp, dir, msp 1 Mar 2011 Other 2790759
Michael Christopher Moynihan Vp, dir, dir of mutual funds;coo 1 Mar 2011 Other 3009815
Lyle Ray Campbell Chief compliance officer-bd, cco-aml, chief compliance officer-ia;msp;dir 1 Mar 2011 Other 4855639
Ivan Jerry Singleton Chrm, treas, dir, ceo: jointly owned w/carla wright 1 Jun 2011 75% - 100% 1249354
Carla Beth Wright Cfo, dir,chief compliance officer, aml 1 Jun 2011 Other 1888192
Carla Beth Wright Cfo, dir,chief compliance officer, aml,coo: jointly owned with jerry singleton 1 Mar 2012 75% - 100% 1888192

Based in Fort Worth

The principal office where Signal Securities, Inc. performs its advisory services is located at 700 Throckmorton, Fort Worth, TX 76102, which is also the mailing address of the firm. An additional office of the firm is in Addison, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 817-877-4256 or by fax 817-820-1280. The normal business hours are 8 a.m. - 5 p.m. on Monday - Friday. You can find more information about the New York firm at signalsecurities.com.