Hedge Fund Database

HOWARD FINANCIAL SERVICES, LTD.

Adviser information for HOWARD FINANCIAL SERVICES, LTD. last updated from Form ADV on March 25th, 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 Partnership
Fiscal Year End DECEMBER
Legal Location Texas, United States

Employees

Total Number of Employees 23
Investment Advisory/Research 18
Registered Broker-Dealer Representatives 0
Registered State Investment Advisers 15
Licensed Agents of an Insurance Company 0
No. of Firms/People that Solicit Clients 0

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 1,421 $1.3B
Non-Discretionary 9 $6.3M
Total 1,430 $1.3B

Clients

Type Number RAUM
Individuals 176 $35.4M
HNW Individuals 305 $1.0B
Banking or thrift institutions 0 $0
Investment companies 0 $0
Business development companies 0 $0
Pooled investment vehicles 33 $204.6M
Pension and profit sharing plans 0 $0
Charitable organizations <5 $31.2M
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 <5 $498,038
Other 0 $0
Type Number
No. of Non-RAUM Clients 8
No. of Non-U.S. Clients 0
No. of Financial Planning Clients 251-500

Services

Advisory Services Financial planningPortfolio management for individuals and/or small businessesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clientsSelection of other advisers (including private fund managers)
Compensation % of AUMHourly chargesFixed fees

Identifiers

SEC RIA File Number 801-46741
SEC ERA File Number 801-46741
SEC CIK Numbers 1768130
SEC CRD Numbers 107978
Legal Entity Identifier None

Principal Office

8350 MEADOW ROAD
SUITE 181
DALLAS
TX
United States
Monday - Friday, 8:OOAM-5:00PM
Tel: 214-346-0785, Fax: 214-346-0794

Websites

www.hfs-wm.com www.hfs-cp.com www.howardfs.com/ www.linkedin.com/company/howard-financial-services

Chief Compliance Officer

RACHEL HODGES
CCO
8350 MEADOW RD.
STE 181
DALLAS
TX
United States
Tel: 214-346-0763
(Full email address available in API data)

Regulatory Contact

JOHN T HOWARD
MANAGING DIRECTOR / DIRECTOR OF INVESTMENTS
8350 MEADOW RD.
STE 181
DALLAS
TX
United States
Tel: 214-346-0789
(Full email address available in API data)

Industry Affiliates

HFFM, INC. Sponsor, GP, manager of pooled investment vehicles
PECAN CREEK ENERGY, LP Sponsor, GP, manager of pooled investment vehicles

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
HFS BXP I, LP OIL & GAS PROPERTIES $0.2M $0.1M 24
HFS BXP II, LP OIL & GAS PROPERTIES $3.4M $0.1M 36
HFS BXP III, LP OIL & GAS PROPERTIES $14.9M $0.1M 54
HFS HAMPTON ROAD, LP Real Estate Fund $3.2M $0.1M 30
HFS HOLLEMAN, LP Real Estate Fund $1.5M $0.1M 13
HFS HOUSTON SENIORS IL, LP Real Estate Fund $9.3M $0.1M 71
HFS ID FUND LP Hedge Fund $4.2M $0.5M 1
HFS LAKELAND FL RETAIL, LP Real Estate Fund $6.7M $0.1M 53
HFS LAND FUND II, LP Real Estate Fund $0.4M $0.1M 5
HFS LAND FUND LP Real Estate Fund $0.8M $0.1M 30
HFS LAREDO FUND, LP Real Estate Fund $10.1M $0.1M 80
HFS LITTLE ROCK OFFICE, LP Real Estate Fund $1.5M $0.1M 76
HFS MAPLE CROSSING, LP Real Estate Fund $0.8M $0.1M 9
HFS MINERAL PARTNERS V, LP OIL & GAS MINERAL ROYALTY INTERESTS $12.7M $0.1M 90
HFS MOCKINGBIRD LP Real Estate Fund $16.5M $0.1M 47
HFS NLA CA, LP Real Estate Fund $0.4M $0.1M 63
HFS NLA OCEANSIDE, LP Real Estate Fund $1.6M $0.1M 42
HFS ORRI FUND 2023, LP OIL & GAS MINERAL ROYALTY INTERESTS $10.9M $0.1M 88
HFS PHOENIX 07 FUND LP Real Estate Fund $4.0M $0.1M 93
HFS PHOENIX 11 FUND LP Real Estate Fund $0.1M $0.1M 16
HFS ROARING FORK, LP Real Estate Fund $3.1M $0.1M 21
HFS ROYSE CITY LAND, LP Real Estate Fund $3.6M $0.1M 34
HFS WESTLAND GA LOTS, LP Real Estate Fund $9.2M $0.1M 53
HFS-SLJ MINERAL PARTNERS - I OIL & GAS MINERAL ROYALTY INTERESTS $4.7M $0.1M 74
HFS-SLJ MINERAL PARTNERS - II OIL & GAS MINERAL ROYALTY INTERESTS $14.4M $0.1M 74
HFS-SLJ MINERAL PARTNERS - III OIL & GAS MINERAL ROYALTY INTERESTS $27.7M $0.1M 96
HFS-SLJ MINERAL PARTNERS IV, LP OIL & GAS/MINERAL $31.3M $0.1M 17
HMPF 2020, LP Real Estate Fund $0.0M $0.1M 26
HMPF 2022, LP Real Estate Fund $6.9M $0.1M 25
HMPF ENHANCED QP, LP Real Estate Fund $0.2M $0.1M 71
HMPF MASTER, GP Real Estate Fund $0.0M $0.0M 0
HMPF TAXABLE, LP Real Estate Fund $0.1M $0.1M 92
HOWARD MORTGAGE PART FUND, LP Real Estate Fund $0.1M $0.1M 94

Control Persons

Name Type Entity Title Since Ownership
HOWARD, JAMES, N Individual – LIMITED PARTNER 04/2004 25-50%
HOWARD, JOHN, T Individual – DIRECTOR OF INVESTMENTS, MANAGING DIRECTOR 04/2004 < 5%
HOWARD FINANCIAL, INC. Domestic Entity – GENERAL PARTNER 04/2004 < 5%
THE THOMAS 1991 IRREVOCABLE TRUST, JOHN HOWARD, TRUSTEE Domestic Entity – LIMITED PARTNER 04/2004 25-50%
THE JAMES 1991 IRREVOCABLE TRUST, STEPHEN HOWARD, TRUSTEE Domestic Entity – LIMITED PARTNER 04/2004 25-50%
HOWARD, STEPHEN, JAMES Individual – DIRECTOR OF PRIVATE INVESTMENTS 10/2011 < 5%
HUNTING OAK INVESTMENTS, LLC Domestic Entity – LIMITED PARTNER 12/2013 5-10%
THE HUNTINGWICK IRREVOCABLE TRUST Domestic Entity HUNTING OAK INVESTMENTS, LLC MEMBER 12/2013 50-75%
THE KNOBOAK HERITAGE TRUST Domestic Entity HUNTING OAK INVESTMENTS, LLC MEMBER 12/2013 50-75%
DOWLING, SHAUN, MICHAEL Individual HUNTING OAK INVESTMENTS, LLC MANAGER 12/2013
DOWLING, SHAUN, MICHAEL Individual – DIRECTOR OF FINANCIAL PLANNING 12/2013 < 5%
HOWARD, JAMES, N Individual HOWARD FINANCIAL, INC. OWNER/DIRECTOR 04/2004 > 75%
HOWARD, JOHN, T Individual THE THOMAS 1991 IRREVOCABLE TRUST TRUSTEE 04/2004 > 75%
HOWARD, STEPHEN, JAMES Individual THE JAMES 1991 IRREVOCABLE TRUST TRUSTEE 04/2004 > 75%
APACHE ACQUISITIONS, LTD. Domestic Entity – LIMITED PARTNER 12/2020 5-10%
LISA SMILEY P.C. Domestic Entity – LIMITED PARTNER 12/2020 5-10%
HODGES, RACHEL, KAY Individual – CCO 03/2023 < 5%
CHILDS, DEREK, DANIEL Individual APACHE ACQUISITIONS, LTD. MEMBER 12/2020 > 75%
LISA SMILEY REVOCABLE TRUST Domestic Entity LISA SMILEY P.C. SHAREHOLDER 12/2022 > 75%
Smiley, Lisa Individual LISA SMILEY REVOCABLE TRUST TRUSTEE 12/2022

No. Employees, Historic

30150201920202021202220232024202516 on 5/30/201916 on 6/20/201918 on 3/30/202018 on 5/27/202018 on 6/30/202018 on 7/31/202018 on 3/31/202118 on 5/11/202118 on 12/6/202118 on 1/28/202218 on 3/25/202218 on 7/7/202222 on 3/30/202323 on 3/25/202423 on 3/25/2024

RAUM, Historic

2B1B02019202020212022202320242025624615188 on 5/30/2019624615188 on 6/20/2019701429666 on 3/30/2020701429666 on 5/27/2020701429666 on 6/30/2020701429666 on 7/31/2020762596005 on 3/31/2021762596005 on 5/11/2021762596005 on 12/6/2021762596005 on 1/28/2022937946613 on 3/25/2022979993858 on 7/7/2022988514935 on 3/30/20231281308335 on 3/25/20241281308335 on 3/25/2024

No. Clients, Historic

60030002019202020212022202320242025437 on 5/30/2019437 on 6/20/2019383 on 3/30/2020383 on 5/27/2020383 on 6/30/2020383 on 7/31/2020410 on 3/31/2021410 on 5/11/2021410 on 12/6/2021410 on 1/28/2022482 on 3/25/2022482 on 7/7/2022505 on 3/30/2023514 on 3/25/2024514 on 3/25/2024

Holdings

From latest 13F, filed July 12th, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
ABBVIE INC COM 572K 3K 0
AGNC INVT CORP COM 547K 57K 0
ALPHABET INC CAP STK CL C 775K 4K 0
ALPHABET INC CAP STK CL A 1M 7K 0
ALTRIA GROUP INC COM 266K 6K 0
AMAZON COM INC COM 5M 24K 0
AMERICAN EXPRESS CO COM 255K 1K 0
AMGEN INC COM 608K 2K 0
ANNALY CAPITAL MANAGEMENT IN COM NEW 532K 28K 0
APPLE INC COM 28M 134K 0
ASTRAZENECA PLC SPONSORED ADR 331K 4K 0
BANK AMERICA CORP COM 269K 7K 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 5M 13K 0
BLACK STONE MINERALS L P COM UNIT 1M 91K 0
BOOKING HOLDINGS INC COM 515K 130 0
BROADCOM INC COM 2M 1K 0
CADENCE BANK COM 1M 50K 0
CAVA GROUP INC COM 564K 6K 0
CHEVRON CORP NEW COM 528K 3K 0
CHIPOTLE MEXICAN GRILL INC COM 6M 93K 0
CISCO SYS INC COM 396K 8K 0
COCA COLA CO COM 425K 7K 0
CONDUENT INC COM 33K 10K 0
CONOCOPHILLIPS COM 376K 3K 0
COSTCO WHSL CORP NEW COM 735K 865 0
CROWDSTRIKE HLDGS INC CL A 247K 644 0
DIAMONDBACK ENERGY INC COM 320K 2K 0
DIREXION SHS ETF TR DLY MIDCAP ETF3X 383K 8K 0
DIREXION SHS ETF TR DLY SEMICNDTR BR 567K 25K 0
DIREXION SHS ETF TR NAS100 EQL WGT 283K 3K 0
DIREXION SHS ETF TR DAILY NYSE FANG 439K 3K 0
DORCHESTER MINERALS LP COM UNIT 1M 34K 0
DYNEX CAP INC COM 265K 22K 0
ELI LILLY & CO COM 400K 442 0
ENERGY TRANSFER L P COM UT LTD PTN 3M 163K 0
ENTERPRISE PRODS PARTNERS L COM 3M 89K 0
EOG RES INC COM 214K 2K 0
EXXON MOBIL CORP COM 2M 21K 0
EZCORP INC CL A NON VTG 105K 10K 0
FIRST TR EXCH TRADED FD III PFD SECS INC ETF 6M 353K 0
FIRST TR EXCHANGE-TRADED FD RISNG DIVD ACHIV 11M 192K 0
FIRST TR EXCHANGE-TRADED FD NO AMER ENERGY 241K 8K 0
FIRST TR EXCHNG TRADED FD VI TCW OPPORTUNIS 13M 302K 0
GANNETT CO INC COM 369K 80K 0
GRAHAM HLDGS CO COM CL B 581K 831 0
HANESBRANDS INC COM 110K 22K 0
HARTFORD FDS EXCHANGE TRADED TOTAL RTRN ETF 26M 763K 0
HOME DEPOT INC COM 519K 2K 0
HONEYWELL INTL INC COM 258K 1K 0
INDEPENDENT BANK GROUP INC COM 1M 28K 0
INTEL CORP COM 270K 9K 0
INTERNATIONAL BUSINESS MACHS COM 513K 3K 0
INTUITIVE SURGICAL INC COM NEW 355K 799 0
INVESCO ACTIVELY MANAGED ETF TOTAL RETURN 26M 568K 0
INVESCO EXCH TRADED FD TR II SR LN ETF 210K 10K 0
INVESCO EXCH TRADED FD TR II NASDAQ 100 ETF 242K 1K 0
INVESCO EXCHANGE TRADED FD T S&P 500 GARP ETF 25M 247K 0
INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT 34M 207K 0
INVESCO QQQ TR UNIT SER 1 8M 17K 0
ISHARES GOLD TR ISHARES NEW 332K 8K 0
ISHARES INC MSCI EMRG CHN 212K 4K 0
ISHARES INC CORE MSCI EMKT 627K 12K 0
ISHARES SILVER TR ISHARES 240K 9K 0
ISHARES TR CORE US AGGBD ET 717K 7K 0
ISHARES TR 1 3 YR TREAS BD 939K 11K 0
ISHARES TR CORE S&P MCP ETF 695K 12K 0
ISHARES TR CORE S&P500 ETF 3M 5K 0
ISHARES TR S&P 500 GRWT ETF 371K 4K 0
ISHARES TR RUS 1000 GRW ETF 234K 643 0
ISHARES TR RUSSELL 2000 ETF 320K 2K 0
ISHARES TR CORE MSCI EAFE 2M 23K 0
ISHARES TR MSCI USA QLT FCT 66M 386K 0
ISHARES TR ESG AWR MSCI USA 537K 5K 0
ISHARES TR MSCI INTL QUALTY 18M 468K 0
ISHARES TR SHORT TREAS BD 267K 2K 0
J P MORGAN EXCHANGE TRADED F ULTRA SHRT INC 5M 99K 0
J P MORGAN EXCHANGE TRADED F EQUITY PREMIUM 1M 22K 0
J P MORGAN EXCHANGE TRADED F NASDAQ EQT PREM 730K 13K 0
JANUS INTERNATIONAL GROUP IN COMMON STOCK 1M 105K 0
JOHNSON & JOHNSON COM 485K 3K 0
JPMORGAN CHASE & CO COM 1M 5K 0
LATTICE STRATEGIES TR HARTFORD MLT ETF 3M 125K 0
LOCKHEED MARTIN CORP COM 309K 661 0
LULULEMON ATHLETICA INC COM 243K 815 0
LUMINAR TECHNOLOGIES INC COM CL A 87K 58K 0
MANAGED PORTFOLIO SERIES TORTOISE NRAM PI 330K 11K 0
MASTERCARD INCORPORATED CL A 1M 2K 0
MERCK & CO INC COM 910K 7K 0
META PLATFORMS INC CL A 491K 973 0
MICROSOFT CORP COM 7M 16K 0
MORGAN STANLEY COM NEW 252K 3K 0
MPLX LP COM UNIT REP LTD 888K 21K 0
NETFLIX INC COM 582K 862 0
NORFOLK SOUTHN CORP COM 369K 2K 0
NORTHERN OIL & GAS INC COM 305K 8K 0
NORTHROP GRUMMAN CORP COM 776K 2K 0
NOVO-NORDISK A S ADR 202K 1K 0
NVIDIA CORPORATION COM 8M 68K 0
NXP SEMICONDUCTORS N V COM 455K 2K 0
ONEOK INC NEW COM 1M 14K 0
PACER FDS TR PACER US SMALL 16M 379K 0
PALANTIR TECHNOLOGIES INC CL A 294K 12K 0
PALO ALTO NETWORKS INC COM 353K 1K 0
PEPSICO INC COM 3M 17K 0
PFIZER INC COM 356K 13K 0
PGIM ETF TR TOTAL RETURN BON 23M 569K 0
PHILIP MORRIS INTL INC COM 405K 4K 0
PROCTER AND GAMBLE CO COM 227K 1K 0
PROSHARES TR ULTRAPRO SHT QQQ 166K 20K 0
SABINE RTY TR UNIT BEN INT 2M 26K 0
SCHWAB CHARLES CORP COM 1M 14K 0
SCHWAB STRATEGIC TR SCHWAB FDT US SC 995K 18K 0
SCHWAB STRATEGIC TR SCHWB FDT INT LG 14M 394K 0
SCHWAB STRATEGIC TR INTL EQTY ETF 3M 66K 0
SCHWAB STRATEGIC TR US DIVIDEND EQ 49M 628K 0
SCHWAB STRATEGIC TR EMRG MKTEQ ETF 2M 81K 0
SELECT SECTOR SPDR TR ENERGY 317K 3K 0
SELECT SECTOR SPDR TR TECHNOLOGY 339K 1K 0
SIREN ETF TR DIVCN LDRS ETF 455K 7K 0
SOUTHWEST AIRLS CO COM 651K 23K 0
SPDR GOLD TR GOLD SHS 572K 3K 0
SPDR INDEX SHS FDS GLB NAT RESRCE 301K 5K 0
SPDR INDEX SHS FDS PORTFOLIO DEVLPD 1M 34K 0
SPDR INDEX SHS FDS PORTFOLIO EMG MK 222K 6K 0
SPDR S&P 500 ETF TR TR UNIT 12M 22K 0
SPDR SER TR S&P 600 SMCP VAL 422K 5K 0
SPDR SER TR BLOOMBERG 1-3 MO 3M 35K 0
SPDR SER TR BLOOMBERG SHT TE 12M 481K 0
SPDR SER TR PRTFLO S&P500 HI 431K 11K 0
SPROTT PHYSICAL GOLD TR UNIT 182K 10K 0
SSGA ACTIVE ETF TR SPDR TR TACTIC 15M 374K 0
STAR HLDGS SHS BEN INT 193K 16K 0
TESLA INC COM 1M 5K 0
TEXAS INSTRS INC COM 432K 2K 0
TRIUMPH FINANCIAL INC COM 245K 3K 0
TWO HBRS INVT CORP COM 488K 37K 0
UBER TECHNOLOGIES INC COM 354K 5K 0
VANECK ETF TRUST FALLEN ANGEL HG 7M 244K 0
VANECK ETF TRUST MRNGSTR WDE MOAT 6M 74K 0
VANECK ETF TRUST GOLD MINERS ETF 223K 7K 0
VANGUARD BD INDEX FDS SHORT TRM BOND 3M 38K 0
VANGUARD INDEX FDS S&P 500 ETF SHS 385K 770 0
VANGUARD INDEX FDS REAL ESTATE ETF 437K 5K 0
VANGUARD INDEX FDS TOTAL STK MKT 3M 11K 0
VANGUARD INDEX FDS EXTEND MKT ETF 373K 2K 0
VANGUARD SPECIALIZED FUNDS DIV APP ETF 32M 175K 0
VANGUARD WHITEHALL FDS INTL DVD ETF 15M 182K 0
VANGUARD WORLD FD INF TECH ETF 330K 572 0
VERIZON COMMUNICATIONS INC COM 227K 5K 0
VIPER ENERGY INC CL A 764K 20K 0
VISA INC COM CL A 236K 901 0
VS TRUST 2X LONG VIX FUTU 101K 18K 0
WALMART INC COM 561K 8K 0
WISDOMTREE TR US QTLY DIV GRT 8M 105K 0
WISDOMTREE TR EM EX ST-OWNED 12M 399K 0
YUM BRANDS INC COM 358K 3K 0