Shamrock Asset Management LLC (Dallas)

Name: Shamrock Asset Management LLC
Address: 14643 Dallas Parkway, Dallas, TX, 75254 8857
Telephone: 214-265-9400

Shamrock Asset Management LLC is a large advisory firm based in Dallas. It manages $177.44 million of regulatory assets for 413 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Colorado, and 7 other states.

Shamrock Asset Management provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Shamrock Asset Management: assets under management

The assets under management (AUM) of Shamrock Asset Management LLC is $177.44 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -6% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $177.44 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $429.63 thousand each.

Investments

The firm invests in cash and cash equivalents the most. They account for 53% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 23% of the firm’s portfolio. Investments in investment grade corporate bonds form 15% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Shamrock Asset Management LLC 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.

What kind of clients Shamrock Asset Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Shamrock Asset Management is high net worth individuals with 109 clients and $124.21 million of assets under management. Among the 7 most similar advisory firms, Shamrock Asset Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $177.44 million for 217 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.

Shamrock Asset Management doesn't advise any private funds.

Careers at Shamrock Asset Management LLC

The company employs 5 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 4 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. The Geometry Group	Member	1 May 1989	25% - 50%	52-1887069
Thomas Carroll Goyne	Managing director member of board of managers	1 Apr 1997	25% - 50%	226720
James William Lewis	Chairman of board of managers	1 Apr 1997	Other	308692
Inc. Geometry Group	Owner	1 Apr 1997	25% - 50%	52-1887069
William Dunham Birch	Member of board of managers	1 Apr 1997	Other	21759
Mary Adams	Managing director	1 Apr 1997	Other	2713853
John Rolater Tindall	Managing director member board of managers	1 Apr 1997	Other	1108600
Mary Parks Mix	Managing director	1 Apr 1997	Other	2713853
Michael Robert Fortier	Secretary/treasurer	1 Sep 1998	Other	1450338
L.L.C. Geometry Shamrock	Member	1 Aug 2001	25% - 50%	51-0412019
Michael Robert Fortier	Member board of managers	1 Mar 2004	Other	1450338
Danielle Marie Washatka	Chief compliance officer/v.p. of operations	1 Sep 2008	Other	2024759
Kevin Lee Caldwell	Managing director & ceo	1 Oct 2009	Other	4658930
Cord Anthony Adams	Chief compliance officer	1 Nov 2010	Other	2898996
Cord Anthony Adams	Managing director	1 Aug 2012	Other	2898996
Kyle Michael Koch	Chief compliance officer	1 Aug 2012	Other	1865093
Edward Merlin Fjordbak	Chief compliance officer	1 Jun 2015	Other	6173405
Kyle Michael Koch	Chief compliance officer	1 Aug 2019	Other	1865093

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
James William Lewis	Chairman	1 May 1989	50% - 75%	308692
James William Lewis	Member	1 Aug 2001	50% - 75%	308692
William Dunham Birch	Member	1 Aug 2001	25% - 50%	21759

Based in Dallas

The principal office where Shamrock Asset Management LLC performs its advisory services is located at 14643 Dallas Parkway, Dallas, TX 75254 8857, 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 214-265-9400 or by fax 214-265-9494. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at shamrockadvisors.com.