Barrow, Hanley, Mewhinney & Strauss, LLC (Dallas)

Barrow, Hanley, Mewhinney & Strauss provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and 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.

Barrow, Hanley, Mewhinney & Strauss: assets under management

The assets under management (AUM) of Barrow, Hanley, Mewhinney & Strauss, LLC is $76.54 billion. The firm's AUM has grown by 39% since the beginning of its operation, and $9.98 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $72.52 billion in discretionary accounts and $4.02 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $204.28 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $286.98 million.

Investments

The firm invests in exchange traded securities the most. They account for 65% of the total AUM. The second-largest asset type is government bonds, which make up 6% of the firm’s portfolio. Investments in other assets form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Barrow, Hanley, Mewhinney & Strauss, LLC 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.

What kind of clients Barrow, Hanley, Mewhinney & Strauss serves?

The firm provides services to individuals, insurance companies, investment companies, charitable organizations, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Barrow, Hanley, Mewhinney & Strauss is investment companies with 23 clients and $39.58 billion of assets under management. Among the 9 most similar advisory firms, Barrow, Hanley, Mewhinney & Strauss has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $76.54 billion for 215 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 10% of the firm’s clients are foreign persons or businesses.

Barrow, Hanley, Mewhinney & Strauss also advises several private funds. Namely, six other private funds. The minimum investment commitment required of non-related persons ranges from $3,000,000 to $5,000,000.

Careers at Barrow, Hanley, Mewhinney & Strauss, LLC

The company employs 96 people that are either part- or full-time employees. 47 percent of the employees work as investment advisers or researchers. 35 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 13 indirect owners.

Based in Dallas

The principal office where Barrow, Hanley, Mewhinney & Strauss, LLC performs its advisory services is located at 2200 Ross Avenue, 31 St Floor, Dallas, TX 75201 2761, 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 214-665-1900 or by fax 214-665-1933. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at omam.com/.

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