Allegiance Advisors, Inc. (Austin)


Allegiance Advisors, Inc. is a large advisory firm based in Austin. It manages $120 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of Texas.

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

Allegiance Advisors: assets under management

The assets under management (AUM) of Allegiance Advisors, Inc. is $120 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in government bonds the most. They account for 55% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 40% of the firm’s portfolio. Investments in state and local bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Allegiance Advisors, 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.

Careers at Allegiance Advisors, 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
Howard Noel Herring Chief executive officer/chief compliance officer 1 Jun 2014 75% - 100% 1725698

Based in Austin

The principal office where Allegiance Advisors, Inc. performs its advisory services is located at 11300 Tracton Lane, Austin, TX 78739 1569, 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 512-288-5352 or by fax 512-288-5352. The normal business hours are 7:30 am - 5:30 pm cst on Monday - Friday.