Budge Financial Inc (Dallas)

Name: Budge Financial Inc
Address: 4925 Greenville Ave, Dallas, TX, 75206
Telephone: 214-363-3008

Budge Financial Inc is a large advisory firm based in Dallas. It manages $187.09 million of regulatory assets for 18 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Texas.

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

Budge Financial: assets under management

The assets under management (AUM) of Budge Financial Inc is $187.09 million. The firm's AUM has grown by 203% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in other assets the most. They account for 45% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 43% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Budge Financial Inc for their services and products based on 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 Budge Financial serves?

The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Budge Financial is pooled investment vehicles with 6 clients and $108.77 million of assets under management. Among the 8 most similar advisory firms, Budge Financial has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $187.09 million for 18 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.

Budge Financial also advises several private funds. Namely, six private equity funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $1,000,000.

Careers at Budge Financial Inc

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Arthur Budge	President & owner	1 May 1985	75% - 100%	2618856
Arthur Neal Budge	Chief compliance officer	1 May 1985	75% - 100%	2618856
Arthur Neal Budge	President & chief executive officer	1 Jan 1991	75% - 100%	2618856
Lindy Lucette Bullock	Chief compliance officer	1 Jan 2005	Other	5035389
Stephanie D. Moore	Chief compliance officer	1 Nov 2013	Other	6298693
Patricia Gamez Stoll	Chief compliance officer	1 Jan 2015	Other	6461851
Seth Lee Phillips	Chief compliance officer	1 Oct 2015	Other	6489202
Melinda Marks	Chief compliance officer	1 Sep 2016	Other	6715200
John Robert Scales	Chief compliance officer	1 Jun 2017	Other	6301957

Based in Dallas

The principal office where Budge Financial Inc performs its advisory services is located at 4925 Greenville Ave, Dallas, TX 75206, 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 214-363-3008 or by fax 214-363-5734. The normal business hours are 9 a.m. - 5 p.m. on Monday - Friday. You can find more information about the New York firm at budgefinancial.com and budgefinancialinc.com.