Americana Partners, LLC (Houston)

Name: Americana Partners, LLC
Address: 811 Louisiana Street, Houston, TX, 77002
Telephone: 713-429-5552

Americana Partners, LLC is a large advisory firm based in Houston. It manages $1.81 billion of regulatory assets for 761 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Louisiana and Texas.

Americana Partners provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Americana Partners: assets under management

The assets under management (AUM) of Americana Partners, LLC is $1.81 billion. The company doesn't manage any assets belonging to foreign clients.

The firm manages $1.13 billion in discretionary accounts and $679.13 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.5 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $169.78 million.

Investments

The firm invests in exchange traded securities the most. They account for 73% of the total AUM. The second-largest asset type is investment and business development companies, which make up 9% of the firm’s portfolio. Investments in state and local bonds form 9% of the total invested assets.

Fees & Commissions

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

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Americana Partners is high net worth individuals with 58 clients and $659.63 million of assets under management. Among the 9 most similar advisory firms, Americana Partners has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.81 billion for 212 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.

Americana Partners doesn't advise any private funds.

Careers at Americana Partners, LLC

The company employs 11 people that are either part- or full-time employees. 64 percent of the employees work as investment advisers or researchers. 7 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

David Martin Darst has served as the Chief Investment Officer since 1 Aug 2019. Jason Lawrence Fertitta joined the executive team most recently as the President, Partner And Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jason Lawrence Fertitta	President, partner and chief compliance officer	1 Apr 2019	50% - 75%	4460865
Robert Hall Wellington	Partner and chief financial officer	1 Apr 2019	Other	5600454
William Sheldon Busch	Partner and managing director	1 Apr 2019	Other	5570827
William Darryl Busch	Partner and business development officer	1 Apr 2019	Other	2631262
Joshua John Caltrider	Partner and managing director	1 Apr 2019	Other	6087643
David Martin Darst	Chief investment officer	1 Aug 2019	Other	61129

Based in Houston

The principal office where Americana Partners, LLC performs its advisory services is located at 811 Louisiana Street, Houston, TX 77002, which is also the mailing address of the firm. An additional office of the firm is in Austin, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 713-429-5552. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at americanapartners.com.