Early Mcclintic & Mcmillan, LLP (Stafford)

Name: Early Mcclintic & Mcmillan, LLP
Address: 4800 Sugar Grove Blvd., Stafford, TX, 77477
Telephone: 281-491-5260

Early Mcclintic & Mcmillan, LLP is a large advisory firm based in Stafford. It manages $337.08 million of regulatory assets for 979 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California, Louisiana, North Carolina, and Texas.

Early Mcclintic & Mcmillan provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Early Mcclintic & Mcmillan: assets under management

The assets under management (AUM) of Early Mcclintic & Mcmillan, LLP is $337.08 million. The firm's AUM has grown by 1% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $202.35 million in discretionary accounts and $134.74 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $403.88 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $281.88 thousand.

Early Mcclintic & Mcmillan has custody of $29.33 million in cash and securities for 15 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 59% of the total AUM. The second-largest asset type is exchange traded securities, which make up 23% of the firm’s portfolio. Investments in cash and cash equivalents form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Early Mcclintic & Mcmillan, LLP for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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 Early Mcclintic & Mcmillan serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Early Mcclintic & Mcmillan is individuals with 411 clients and $203.14 million of assets under management. Among the 13 most similar advisory firms, Early Mcclintic & Mcmillan has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $337.08 million for 426 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.

Early Mcclintic & Mcmillan doesn't advise any private funds.

Careers at Early Mcclintic & Mcmillan, LLP

The company employs 7 people that are either part- or full-time employees. 57 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
Daniel Thomas Mcmillan	General partner and cco	1 Sep 1997	25% - 50%	1554781
Scott David Mcclintic	General partner	1 Sep 1997	25% - 50%	1517553
Richard Dean Early	General partner	1 Sep 1997	25% - 50%	1324477
Ian Scott Mcclintic	General partner	1 Apr 2018	Other	5741190

Based in Stafford

The principal office where Early Mcclintic & Mcmillan, LLP performs its advisory services is located at 4800 Sugar Grove Blvd., Stafford, TX 77477, 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 281-491-5260 or by fax 281-491-5245. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at emcmc.com.