First Austin Capital Management Inc (Austin)

First Austin Capital Management Inc is a large advisory firm based in Austin. It manages $100.56 million of regulatory assets for 38 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Texas.

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

First Austin Capital Management: assets under management

The assets under management (AUM) of First Austin Capital Management Inc is $100.56 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 187% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $100.56 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.65 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay First Austin Capital Management Inc for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at First Austin Capital Management Inc

Mark Allen Coffelt has been acting as President since 1 Oct 1987. Heather Lauren Mcashan joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mark Allen Coffelt	President	1 Oct 1987	75% - 100%	1876477
Eric David Barden	Portfolio manger/secretary	1 Jan 1996	Other	2720982
Bernic David Flora	Portfolio manager	1 Jan 1997	Other	1877640
Ryan Matthew Barden	Chief operations officer	1 Apr 2001	Other	3021189
Ryan Matthew Barden	Chief compliance officer	1 Sep 2004	Other	3021189
Heather Lauren Mcashan	Chief compliance officer	1 Oct 2006	Other	5242318

Based in Austin

The principal office where First Austin Capital Management Inc performs its advisory services is located at 6300 Bridgepoint Parkway, Austin, TX 78730, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.