Talis Advisory Services, LLC (Richardson)

Name: Talis Advisory Services, LLC
Address: 3400 North Central Expressway, Richardson, TX, 75080
Telephone: 972-378-1795

Talis Advisory Services, LLC is a large advisory firm based in Richardson. It manages $182.07 million of regulatory assets for 575 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of California, Colorado, Florida, and 7 other states.

Talis Advisory Services provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, educational seminars and workshops, and expert witness services. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Talis Advisory Services: assets under management

The assets under management (AUM) of Talis Advisory Services, LLC is $182.07 million. The firm's AUM has grown by 542% since the beginning of its operation, and $565.66 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $179.73 million in discretionary accounts and $2.33 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $313.67 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.17 million.

Investments

The firm invests in investment and business development companies the most. They account for 94% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 4% of the firm’s portfolio. Investments in exchange traded securities form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Talis Advisory Services, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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 Robert James Lamse 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 Robert James Lamse is high net worth individuals with 75 clients and $133.56 million of assets under management. Among the 6 most similar advisory firms, Talis Advisory Services has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $181.5 million for 219 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Talis Advisory Services doesn't advise any private funds.

Careers at Talis Advisory Services, LLC

The company employs 10 people that are either part- or full-time employees. 70 percent of the employees work as investment advisers or researchers. 8 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.

Robert James Lamse has been acting as President since 1 Jul 2006. Llc Generational Capital joined the executive team most recently as the Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jeffrey Brent Everett	Vice president/chief compliance officer	1 Apr 2005	Other	4443268
Ltd. Pepper Family Partnership	Member	1 May 2005	75% - 100%	75-2486098
Michael Wayne Perkins	Chief financial officer	1 Oct 2005	Other	4879082
Robert James Lamse	President	1 Jul 2006	Other	5170744
Lp Jones Perkins Number 1	Member	1 Jul 2006	Other	20-0512982
Jennifer Lea Perkins	Member	1 Jan 2015	25% - 50%	4946036
John Gill Jones	Member	1 Jan 2015	25% - 50%	4946031
Llc Generational Capital	Owner	1 Oct 2018	75% - 100%	20-8072749
Ryan L. Binkley	Chief executive officer	1 Oct 2018	Other	5376350
Heath Adam Flock	Secretary / treasurer	1 Oct 2018	Other	6012138
Bryce Douglas Gray	Vice president and coo	1 Oct 2018	Other	4614462
Terry Keith Johnson	Vice president	1 Oct 2018	Other	7036742

Indirect Owners

The SEC currently registers 12 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
John Gill Jones	Director	1 Mar 1993	25% - 50%	4946031
Jennifer Lea Perkins	Director	1 Mar 1993	25% - 50%	4946036
John Gill Jones	Partner	1 May 1993	25% - 50%	4946031
Jennifer Lea Perkins	Partner	1 May 1993	25% - 50%	4946036
Inc. Jones Square	General partner	1 Apr 2005	Other	75-2473350
Jonathan Michael Perkins	Limited partner	1 Jul 2006	75% - 100%	5204025
Taylor Paige Jones	Limited partner	1 Jul 2006	75% - 100%	5204028
Ltd. Jonathan Michael Perkins Family Partnership	Limited partner	1 Jul 2006	25% - 50%	04-3781047
Ltd. Taylor Paige Jones Family Partnership	Limited partner	1 Jul 2006	25% - 50%	04-3781042
John H. Binkley	Co-trustee of john binkley jr. trust no. 4	1 Apr 2007	Other	5376244
Ryan L. Binkley	Co-trustee of john binkley jr. trust no. 4	1 May 2007	Other	5376350
John Binkley Jr. Trust No. 4	Sole owner of generational capital, llc	1 Oct 2018	75% - 100%	20-7239755

Based in Richardson

The principal office where Talis Advisory Services, LLC performs its advisory services is located at 3400 North Central Expressway, Richardson, TX 75080, 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 972-378-1795 or by fax 214-291-5236. The normal business hours are by appointment only on Other. You can find more information about the New York firm at fireyourbroker.net.