The Watchman Group, Inc. is a large advisory firm based in Plano. It manages $227.31 million of regulatory assets for 529 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Louisiana, North Carolina, and Texas.
The Watchman Group provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of The Watchman Group, Inc. is $227.31 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 251% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay The Watchman Group, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of The Watchman Group is high net worth individuals with 59 clients and $180.49 million of assets under management. Among the 12 most similar advisory firms, The Watchman Group has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $227.31 million for 186 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.
The Watchman Group doesn't advise any private funds.
The company employs 7 people that are either part- or full-time employees. 86 percent of the employees work as investment advisers or researchers. 6 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 doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where The Watchman Group, Inc. performs its advisory services is located at 5045 Lorimar Drive, Plano, TX 75093, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 469-241-0122 or by fax 469-718-0443. The normal business hours are 8:30 - 5:00 ct on Monday - Friday. You can find more information about the New York firm at watchmangroup.com.