Phh Investments, Ltd. is a large advisory firm based in Addison. It manages $2.56 billion of regulatory assets for 6,353 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 43 other states.
Phh Investments provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for approximately 3,000 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Phh Investments, Ltd. is $2.56 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 173% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Phh Investments, Ltd. 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.
The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Ronald Ellis Simmons is high net worth individuals with 1,011 clients and $1.66 billion of assets under management. Among the 8 most similar advisory firms, Phh Investments has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $2.56 billion for 3,198 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Phh Investments doesn't advise any private funds.
The company employs 94 people that are either part- or full-time employees. 88 percent of the employees work as investment advisers or researchers. 83 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Ronald Ellis Simmons has been acting as President since 1 Jan 2007. Jeffrey Alan Baumert joined the executive team most recently as the Chief Operations Officer.
The principal office where Phh Investments, Ltd. performs its advisory services is located at 15725 N. Dallas Parkway, Addison, TX 75001, which is also the mailing address of the firm. An additional office of the firm is in Kennesaw, GA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 972-233-3367 or by fax 972-233-3188. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at raa.com.