CAIN, WATTERS & ASSOCIATES, LLC
Adviser information for CAIN, WATTERS & ASSOCIATES, LLC last updated from Form ADV on March 29th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Texas, United States |
Employees
| Total Number of Employees | 283 |
|---|---|
| Investment Advisory/Research | 63 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 63 |
| Licensed Agents of an Insurance Company | 1 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 6,749 | $1.9B |
| Non-Discretionary | 2,326 | $1.7B |
| Total | 9,075 | $3.5B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 1,497 | $333.9M |
| HNW Individuals | 566 | $1.6B |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 1 | $1.5M |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 1,110 | $1.6B |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 750 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 2500 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesSelection of other advisers (including private fund managers)Educational seminars/workshops |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
| Other Business Activities | Accountant or accounting firm |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 8.9M |
| Portfolio Manager | 0 |
| Both for Same | 0 |
| Portfolio Manager to Program | Sponsor |
|---|---|
| FIDELITY MULTIPLE MANAGER ACCOUNT PROGRAM (MMA) | ENVESTNET PMC |
Principal Office
17 COWBOYS WAY, SUITE 300FRISCO
TX
United States
Monday - Friday, 8:30AM TO 5:00PM
Tel: 972-233-3323, Fax: 972- 943-0670
Chief Compliance Officer
TONI HATCHER LEE
17 COWBOYS WAY, SUITE 300
FRISCO
TX
United States
Tel:
972-233-3323
Fax:
972- 943-0670
T******@**************M
(Full email address available in API data)
Regulatory Contact
JEREMY LAYNE BOLF
DIRECTOR OF COMPLIANCE
17 COWBOYS WAY, SUITE 300
FRISCO
TX
United States
Tel:
972-764-6065
Fax:
972- 943-0670
J**********@**************M
(Full email address available in API data)
Industry Affiliates
| CHARLES LORETTO | Sponsor or syndicator of limited partnerships |
| DAN WICKER | Sponsor or syndicator of limited partnerships |
| DARRELL WARD CAIN | Sponsor or syndicator of limited partnerships |
| HWG INSURANCE AGENCY, LLC | Insurance company or agency |
| III:I PROPERTY MGMT, LLC | Sponsor, GP, manager of pooled investment vehicles |
| SANDERS MORRIS LLC | Broker-dealer, municipal securities dealer, or gov securities broker or dealerOther investment adviser, including financial planners |
| STEVE CAIN | Sponsor or syndicator of limited partnerships |
| STEVEN BRADLEY CLAPP | Sponsor or syndicator of limited partnerships |
| T BANK, NA | Banking or thrift institution |
| TECTONIC ADVISORS LLC | Other investment adviser, including financial planners |
| TIM GREAVES | Sponsor or syndicator of limited partnerships |
| TOM SANDERS | Sponsor or syndicator of limited partnerships |
| TONI LEE | Sponsor or syndicator of limited partnerships |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| CAIN, DARRELL, WARD | Individual | CAIN & WATTERS, PC | CEO | 07/1995 | > 75% |
| CAIN & WATTERS, PC | Domestic Entity | – | MANAGING MEMBER | 01/2008 | 5-10% |
| DANIEL C WICKER, PC | Domestic Entity | – | MANAGING MEMBER | 01/2019 | 5-10% |
| TIM B. GREAVES, PC | Domestic Entity | – | MANAGING MEMBER | 01/2019 | 5-10% |
| TONI HATCHER LEE PC | Domestic Entity | – | MANAGING MEMBER | 01/2019 | 5-10% |
| THOMAS R. SANDERS, PC | Domestic Entity | – | MANAGING MEMBER | 01/2019 | 5-10% |
| STEVEN B. CLAPP, PC | Domestic Entity | – | MANAGING MEMBER | 01/2019 | 5-10% |
| BRIAN R. BORTZ PC | Domestic Entity | – | MANAGING MEMBER | 01/2019 | 5-10% |
| HUNTER D. SATTERFIELD PC | Domestic Entity | – | MANAGING MEMBER | 01/2019 | 5-10% |
| STEVEN L CAIN, PC | Domestic Entity | – | MANAGING MEMBER | 01/2019 | 5-10% |
| JUDSON S. CRAWFORD PC | Domestic Entity | – | MANAGING MEMBER | 01/2019 | 5-10% |
| CHARLES A. LORETTO, LLC | Domestic Entity | – | MANAGING MEMBER | 01/2019 | 5-10% |
| WICKER, DAN, CHARLES | Individual | DANIEL C WICKER, PC | CEO | 01/2019 | > 75% |
| GREAVES, TIMOTHY, BASIL | Individual | TIM B. GREAVES, PC | CEO | 01/2019 | > 75% |
| LEE, TONI, HATCHER | Individual | TONI HATCHER LEE PC | CEO | 01/2019 | > 75% |
| SANDERS, THOMAS, ROBERT | Individual | THOMAS R. SANDERS, PC | CEO | 01/2019 | > 75% |
| CLAPP, STEVEN, BRADLEY | Individual | STEVEN B. CLAPP, PC | CEO | 01/2019 | > 75% |
| BORTZ, BRIAN, ROBERT | Individual | BRIAN R. BORTZ PC | CEO | 01/2019 | > 75% |
| CAIN, STEVEN, LAWRENCE | Individual | STEVEN L CAIN, PC | CEO | 01/2019 | > 75% |
| CRAWFORD, JUDSON, STANDEFER | Individual | JUDSON S. CRAWFORD PC | CEO | 01/2019 | > 75% |
| LORETTO, CHARLES, ARNOLD | Individual | CHARLES A. LORETTO, LLC | MANAGING MEMBER | 01/2019 | > 75% |
| SATTERFIELD, HUNTER, DAVID | Individual | HUNTER D. SATTERFIELD PC | CEO | 01/2019 | > 75% |
| LEE, TONI, HATCHER | Individual | – | CHIEF COMPLIANCE OFFICER | 03/2022 | < 5% |
| MASON G. STERN PLLC | Domestic Entity | – | MANAGING MEMBER | 01/2023 | 5-10% |
| DAVID G. FORBESS PLLC | Domestic Entity | – | MANAGING MEMBER | 01/2023 | 5-10% |
| STERN, MASON | Individual | MASON G. STERN PLLC | MANAGING MEMBER | 10/2022 | > 75% |
| FORBESS, DAVID, GILES | Individual | DAVID G. FORBESS PLLC | MANAGING MEMBER | 10/2022 | > 75% |