Gurun Investment Advisors, Inc. (Dallas)


Gurun Investment Advisors, Inc. is a large advisory firm based in Dallas. It manages $158.25 million of regulatory assets for 116 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of Texas.

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

Gurun Investment Advisors: assets under management

The assets under management (AUM) of Gurun Investment Advisors, Inc. is $158.25 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 143% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $158.25 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.36 million each.

Investments

The firm invests in non-exchange traded securities the most. They account for 35% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 25% of the firm’s portfolio. Investments in state and local bonds form 19% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Gurun Investment Advisors, Inc. for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Gurun Investment Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Gurun Investment Advisors is high net worth individuals with 78 clients and $149 million of assets under management. Among the 12 most similar advisory firms, Gurun Investment Advisors has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $158.25 million for 116 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.

Gurun Investment Advisors doesn't advise any private funds.

Careers at Gurun Investment Advisors, Inc.

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 compensates 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
John Joseph Gurun President / chief compliance officer 1 Mar 1986 75% - 100% 232210
David Peter Gurun Vice president 1 Jun 2011 Other 1947575
Charles Henry Mr. Martin Vice president 1 Jun 2011 Other 5148727
James Robert Ruffing Vice president 1 Jun 2011 Other 407006
Joseph Jerome Jr Lastelick Vice president 1 Jun 2011 Other 2822734

Based in Dallas

The principal office where Gurun Investment Advisors, Inc. performs its advisory services is located at 4925 Greenville Avenue, Dallas, TX 75206 4021, 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 214-691-4451 or by fax 214-987-9405. The normal business hours are 7:30 am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at guruninvestments.com.