Condera Securities, LLC (Houston)


Condera Securities, LLC is a large advisory firm based in Houston. It manages $182.02 million of regulatory assets for 105 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Arizona, California, Colorado, and 10 other states.

Condera Securities provides pension consulting services and market timing services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Condera Securities: assets under management

The assets under management (AUM) of Condera Securities, LLC is $182.02 million. The company doesn't manage any assets belonging to foreign clients.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Condera Securities, LLC for their services and products based on a percentage of assets under management and commissions. 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 Condera Securities, LLC

David Lee Solomon has been acting as President since 1 Dec 1998. Steven David Lerner joined the executive team most recently as the Limited Partner.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
David Lee Solomon Manager/president/ designated principal 1 Dec 1998 Other 730722
L.P. The Redstone Companies Owner 1 Dec 1998 75% - 100% 76-0546284
Melinda Greider Legaye Financial and operations principal 1 Dec 1999 Other 1020091
Scott Rogers Mcmillian Municipal securities principal 1 Aug 2000 Other 2593578
Debra Schaper Parant Principal 1 Nov 2002 Other 2593154
Tara Danette Maxwell Vice president - options 1 Dec 2002 Other 3008045
Matthew Crump Chief compliance officer/designated sales principal 1 May 2006 Other 1924664

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
David Calvin Shindeldecker Limited partner 1 Aug 1998 25% - 50% 4698970
Inc. Trc Other 1 Aug 1998 Other 76-0593423
Steven David Lerner Limited partner 1 Jan 2008 25% - 50% 5027307

Based in Houston

The principal office where Condera Securities, LLC performs its advisory services is located at 4900 Woodway Drive, Houston, TX 77056, which is also the mailing address of the firm. An additional office of the firm is in San Antonio, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 713-574-1950 or by fax 713-580-1820. The normal business hours are 8:00a.m - 5:00p.m on Monday - Friday. You can find more information about the New York firm at www.conderaadvisors.com.