SAN ANTONIO, TEXAS (February 1, 2017) – South Texas Money Management, Ltd. is pleased to announce that the firm was named to Investment News Magazine’s list of Top 15 RIA Southern Success Stories.
Investment News Qualified 1,778 firms headquartered in a 16 state region of the United States based on data reported on the form ADV to the Securities and Exchange Commission as of November 1, 2016. The firms were sorted by region and based on the US Bureau of Labor Statistics (BLS Census Regions) and then ranked. The South Region includes the following: Alabama, Arkansas, Delaware, District of Columbia, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia and West Virginia.
Jeanie Wyatt, CEO and Chief Investment Officer of South Texas Money Management said, “This recognition across many states is exciting. We are a Texas based firm with five office locations here, but have served clients around the US and the world since our inception. Our offering of separately managed accounts with complete transparency and strong communication and relationship focus, continues to be unique.”
Jim Kee, President and Chief Economist added, “Our motto and goal is ‘Helping Individuals, Individually,’ and our size has been driven by our success in reaching that goal. It is an honor to be recognized by Investment News.”
The following criteria for the recognition was included: 1) Latest ADV filing date on or after January 1, 2016 2) AUM exceeding $100 million 3) No employees registered as a broker dealer 4) Must have provided investment advisory services to clients 5) Assets attributable to pooled investment vehicles ≤50% 6) Assets attributable to pension and profit sharing plans ≤25% 7) Assets attributable to corporations/businesses ≤25% 8) Must offer financial planning services 9) May not serve as registered representative of a broker dealer, or have a related person who is a broker dealer/municipal securities dealer, government securities broker nor insurance company/agency.
About South Texas Money Management, Ltd.
South Texas Money Management (STMM) is a registered investment advisory (RIA) firm that helps clients build wealth over time so they can accomplish important goals. STMM was founded in 2000 by Jeanie Wyatt, CFA®. As of December 30, 2016, STMM managed approximately $3 billion in assets including equity, fixed income, and balanced asset classes for individuals, trusts, retirement plans, charitable foundations and endowments, as well as for bank trust departments and other institutions. Based in San Antonio, STMM has additional offices in Austin, Corpus Christi, Dallas, and Houston.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute. Past performance is not indicative of future results. There is a risk of loss.
Posted on Thu, February 2, 2017
by Danny Aleman