First Command Financial Planning, Inc. (Ft Worth)


First Command Financial Planning, Inc. is a large advisory firm based in Ft Worth. It manages $9.68 billion of regulatory assets for 70,530 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.

First Command Financial Planning provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for approximately 3,500 clients. On top of advisory services, the firm doesn't engage in other business activities.

First Command Financial Planning: assets under management

The assets under management (AUM) of First Command Financial Planning, Inc. is $9.68 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 13318% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $9.68 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $137.26 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay First Command Financial Planning, Inc. for their services and products based on a percentage of assets under management, fixed fees, 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 First Command Financial Planning, Inc.

Michael Francis Morrison has been acting as President since 1 Jan 2007. Murtaza Abbas Sardharwala joined the executive team most recently as the Vice President, Co Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Lamar Clarence Smith Ch of bd/ceo/director 1 Nov 1976 Other 831754
Donaldson Devries Frizzell Vice president 1 Mar 1981 Other 733428
Lamar Clarence Smith Ch of bd/ceo/director 1 Nov 1987 Other 831754
Sandra Terry Allen Asst secretary 1 Jan 1994 Other 2448338
Paul W Cozby Vice president 1 Jan 1997 Other 2848075
Martin Robert Durbin Vice pres/treasurer/cfo 1 Jan 1997 Other 1200999
Margaret Lee Galda Vice president 1 Jan 1997 Other 1085457
Philip George Loignon Vice president 1 Jan 1997 Other 729098
William David White Vice president 1 Jan 1997 Other 2266781
Robert Francis Watson Vice pres/secretary 1 Apr 1998 Other 3013245
Inc. Independent Research Agency For Life Insurance Stockholder/owner 1 Dec 1998 75% - 100% 75-2757100
Howard Michael Crump President/cco/director 1 Jan 2000 Other 836141
James Arthur Petersen Sr. vice president/director 1 Jan 2000 Other 1126079
Martin Robert Durbin Sr vice pres/treasurer/cfo 1 Jan 2000 Other 1200999
Margaret Lee Galda Sr vice president 1 Jan 2000 Other 1085457
Inc. First Command Financial Services Stockholder/owner 1 Dec 2000 75% - 100% 75-2757100
Richard Edwin Giles Sr vice pres 1 Dec 2000 Other 814480
Kurt Bauer Anderson Vice president 1 Dec 2000 Other 3216057
Martha Elizabeth Gray Vice president 1 Dec 2000 Other 1998731
Matthew John Peterson Vice president 1 Dec 2000 Other 2239114
Paul Jordan Jr Smith Vice president 1 Dec 2000 Other 2307837
Joseph Robert Jr Morrin Vice president/director 1 Dec 2001 Other 1523861
Richard Edwin Giles Sr vice president/director 1 Dec 2001 Other 814480
Kurt Bauer Anderson Sr vice president 1 Dec 2001 Other 3216057
Harry Parker Iii Consaul Vice president 1 Jan 2002 Other 2509700
Thomas Young Ferguson Vice president 1 Sep 2002 Other 865014
John P Quinones Vice president 1 Jan 2003 Other xxx-xx-xxxx
Henry William Horton Vice president 1 Jan 2004 Other 4365953
Jay William Vance Sr vice president 1 Dec 2004 Other 452546
John Paul Quinones Sr vice president & cio 1 Apr 2005 Other xxx-xx-xxxx
Howard Michael Crump President/director 1 May 2005 Other 836141
Adan Doroteo Araujo Chief compliance officer 1 May 2005 Other 2971831
Hugh Alan Simpson Sr vice pres/general counsel/secretary 1 Jun 2005 Other 5018519
Adan Doroteo Araujo Chief compliance officer/vice president 1 Jun 2005 Other 2971831
Melissa Renae Cox Vice president 1 Jun 2005 Other 1953125
Heidemarie Russell Vice president 1 Jun 2005 Other xxx-xx-xxxx
Heidemarie Nmn Russell Vice president 1 Jun 2005 Other 5313593
Michael Francis Morrison Chief financial officer & sr vice president 1 Jul 2005 Other 2776837
Martin Robert Durbin Sr vice pres/chief of staff 1 Aug 2005 Other 1200999
Martin Robert Durbin President/chief operating officer/director 1 Dec 2005 Other 1200999
Hugh Alan Simpson Exec vice pres/general counsel/secretary 1 Jan 2007 Other 5018519
Michael Francis Morrison Cfo/exec vice pres/director 1 Jan 2007 Other 2776837
John Paul Quinones Cio/exec vice president 1 Jan 2007 Other 4658660
Dennis Holland Vice president 1 Jan 2007 Other 5346341
Michael John Wheeler Sr vice president 1 Feb 2007 Other 850530
Frederick David Orr Vice president 1 Feb 2007 Other 1140207
James Newton Lanier Chairman and ceo 1 May 2007 Other 1160719
John Scott Spiker President/chief executive officer 1 Sep 2007 Other 2483196
James Newton Lanier Chairman 1 Sep 2007 Other 1160719
Michael John Wheeler Exec vice president 1 Nov 2007 Other 850530
Lori Ann Mrs Sidrony Vice president 1 Oct 2008 Other 2360830
Michael D Killough Vice president 1 May 2009 Other 4933399
Carlos Jr Garza Vice president 1 May 2009 Other 3034799
Terri Rae Kallsen Evp - strategic development 1 Sep 2009 Other 4401732
Joseph Robert Jr Morrin Svp - financial planning 1 Nov 2009 Other 1523861
Adan Doroteo Araujo Svp - chief compliance officer 1 Nov 2009 Other 2971831
Lori Ann Mrs Sidrony Svp - product management 1 Nov 2009 Other 2360830
Mark Duane Steffe Exec vice president, national director, advisor operations 1 Mar 2010 Other 2204689
David Grant French Chief compliance officer 1 Jan 2011 Other 1027595
Thomas Richard Delaney Svp/chief compliance officer 1 May 2011 Other 2222130
Jerry Alan Wackerhagen Exec vice president , operations and technology 1 Jan 2013 Other 5882589
Murtaza Abbas Sardharwala Vice president, co-chief compliance officer 1 Jun 2014 Other 3237773
Veronica Denise Hammond Director, co-chief compliance officer 1 Jun 2014 Other 4002219

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
First Command Financial Planning Inc Employee Stock Ownership Plan Trust Owner 1 Nov 2002 75% - 100% 82-0570170
Colin Maxwell Henderson Trustee 1 Nov 2002 Other 2619506

Based in Ft Worth

The principal office where First Command Financial Planning, Inc. performs its advisory services is located at 1 Firstcomm Plaza, Ft Worth, TX 76109 4978 The mailing address of the firm is Po Box 2387, Fort Worth, TX 76113 2387. An additional office of the firm is in Lakewood, WA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 817-731-8621 or by fax 817-569-2399. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at firstcommand.com.

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