Monex Asset Management, Inc. (Houston)

Monex Asset Management, Inc. is an adviser based in Houston. It manages $44.17 million of regulatory assets for 17 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdiction of Texas.

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

Monex Asset Management: assets under management

The assets under management (AUM) of Monex Asset Management, Inc. is $44.17 million. The firm's AUM has grown by 9% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $29.84 million in discretionary accounts and $14.33 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.86 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $14.33 million.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Monex Asset Management, Inc. 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.

Careers at Monex Asset Management, Inc.

Jorge Martin Ramos Landero has been acting as President since 1 Jul 2008. Jose Carlos Balcazar joined the executive team most recently as the Designated Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Monex Casa De Bolsa	Shareholder	1 Jul 2008	75% - 100%	foreign
Jorge Martin Ramos Landero	President/chief compliance officer	1 Jul 2008	Other	2269682
Jesus Heiras	Vice president	1 Aug 2008	Other	4368282
Jose Carlos Balcazar	Designated officer	1 Mar 2009	Other	5415406

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Hector Lagos Donde	President/board of directors	1 Jun 2001	Other	4657395
Hector Lagos Cue	Director	1 Jun 2001	Other	4657396
Monex Grupo Financiero	Shareholder	1 Jul 2003	50% - 75%	foreign

Based in Houston

The principal office where Monex Asset Management, Inc. performs its advisory services is located at 440 Louisiana Street, Houston, TX 77002, 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 713-877-8234 or by fax 713-877-8381. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday.