MCGOWAN GROUP ASSET MANAGEMENT, INC.
Adviser information for MCGOWAN GROUP ASSET MANAGEMENT, INC. last updated from Form ADV on March 28th, 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 | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Texas, United States |
Employees
| Total Number of Employees | 10 |
|---|---|
| Investment Advisory/Research | 8 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 8 |
| 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 | 1,878 | $778.8M |
| Non-Discretionary | 123 | $58.7M |
| Total | 2,001 | $837.5M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 674 | $570.8M |
| HNW Individuals | 22 | $221.7M |
| 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 | 5 | $10.4M |
| Charitable organizations | 12 | $16.4M |
| 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 | $18.1M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 0 |
Services
| Advisory Services | Portfolio management for individuals and/or small businesses |
|---|---|
| Compensation | % of AUM |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 0 |
| Both for Same | 778.8M |
| Portfolio Manager to Program | Sponsor |
|---|---|
| MGAM WRAP FEE PROGRAM | MCGOWAN GROUP ASSET MANAGEMENT, INC. |
Principal Office
300 CRESCENT COURT#1776
DALLAS
TX
United States
Monday - Friday, 7:45 A.M. TO 4:00 P.M.
Tel: 214-720-4400, Fax: 214-720-4420
Chief Compliance Officer
ISMAEL LEE SANCHEZ
CHIEF COMPLIANCE OFFICER
300 CRESCENT CT., #1776
DALLAS
TX
United States
Tel:
214-888-3247
Fax:
214-720-4420
I******@******************M
(Full email address available in API data)
Regulatory Contact
ANDREW ORTON
INVESTMENT RESEARCH DIRECTOR
300 CRESCENT CT., #1776
DALLAS
TX
United States
Tel:
214-888-3241
Fax:
214-720-4420
A******@******************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| MCGOWAN, SPENCER, DEAN | Individual | – | PRESIDENT | 06/2010 | > 75% |
| SANCHEZ, ISMAEL, LEE | Individual | – | CHIEF COMPLIANCE OFFICER | 06/2014 | < 5% |
| MCGOWAN GROUP WEALTH MANAGEMENT, LLC | Domestic Entity | – | OWNER | 07/2022 | > 75% |
No. Employees, Historic
RAUM, Historic
No. Clients, Historic
Holdings
From latest 13F, filed August 14th, 2024 for period ending June 30th, 2024
| Name | Class | Value $USD | # Shares | Private Fund |
|---|---|---|---|---|
| 3M CO COM | COM | 13M | 129K | – |
| ABBVIE INC | COM | 18M | 108K | – |
| ACCENTURE PLC IRELAND CLASS SHS ISIN#IE00B | SHS CLASS A | 798K | 3K | – |
| ADOBE SYS INC COM | COM | 269K | 485 | – |
| ALLIANCEBERSTEIN GLOBAL HIGH INCOME FD INC | COM | 50M | 5M | – |
| ALPHABET INC CAP STK CL A | CAP STK CL A | 6M | 30K | – |
| ALPS ETF TR ALERIAN MLP ETF | ALERIAN MLP | 870K | 18K | – |
| ALTRIA GROUP INC | COM | 665K | 15K | – |
| AMAZON COM INC | COM | 4M | 20K | – |
| AMPHENOL CORP NEW CL A | CL A | 671K | 10K | – |
| APPLE INC COM | COM | 4M | 21K | – |
| APPLIED MATERIALS INC | COM | 676K | 3K | – |
| ARES CAP CORP COM | COM | 22M | 1M | – |
| BERKSHIRE HATHAWAY INC DEL CL B NEW | CL B NEW | 853K | 2K | – |
| BLACKROCK CORPORATE HIGH YIELD FD VI INC C | COM | 39M | 4M | – |
| BWX TECHNOLOGIES INC COM | COM | 12M | 124K | – |
| CALAMOS STRATEGIC TOTAL RETURN FD COM SH B | COM SH BEN INT | 12M | 700K | – |
| CARLYLE GROUP INC COM | COM | 457K | 11K | – |
| CATERPILLAR INC | COM | 453K | 1K | – |
| CHENIERE ENERGY INC COM NEW | COM NEW | 1M | 7K | – |
| CHENIERE ENERGY PARTNERS L P COM UNIT REPT | COM UNIT | 12M | 238K | – |
| CHEVRON CORP NEW COM | COM | 6M | 41K | – |
| CIGNA CORP | COM | 520K | 2K | – |
| CINCINNATI FINANCIAL CORP | COM | 663K | 6K | – |
| CISCO SYSTEMS INC | COM | 235K | 5K | – |
| COHEN & STEERS INFRASTRUCTURE FD INC COM | COM | 29M | 1M | – |
| COLGATE PALMOLIVE CO COM | COM | 229K | 2K | – |
| CONOCOPHILLIPS COM | COM | 745K | 7K | – |
| CURTISS WRIGHT CORP | COM | 373K | 1K | – |
| DANAHER CORP COM | COM | 829K | 3K | – |
| DEERE & CO | COM | 815K | 2K | – |
| DIAMONDBACK ENERGY INC | COM | 5M | 27K | – |
| DIGITAL RLTY TR INC COM | COM | 339K | 2K | – |
| DOUBLELINE INCOME SOLUTIONS FD | COM | 48M | 4M | – |
| DUKE ENERGY CORP NEW COM | COM NEW | 308K | 3K | – |
| EATON VANCE TAX ADVANTAGED DIVID INCOME FU | COM | 19M | 813K | – |
| EATON VANCE TAX ADVANTAGED GLO GLOBAL DIVI | COM | 11M | 581K | – |
| EBAY INC COM | COM | 9M | 159K | – |
| ELI LILLY & CO COM | COM | 20M | 22K | – |
| ENERGY TRANSFER LP COM UNITS | COM UT LTD PTN | 14M | 844K | – |
| ENOVIX CORP | COM | 4M | 238K | – |
| ENPHASE ENERGY INC | COM | 2M | 16K | – |
| ENTERPRISE PRODS PARTNERS L P COM UNIT | COM | 11M | 365K | – |
| EXXON MOBIL CORP COM | COM | 30M | 259K | – |
| FORD MOTOR CO DEL COM PAR | COM | 447K | 36K | – |
| FREEPORT-MCMORAN COPPER & GOLD INC CL B | CL B | 458K | 9K | – |
| GENERAL DYNAMICS CORP COM | COM | 220K | 760 | – |
| GENERAL MNY MKT FUND | MONEY MARKET | 68M | 68M | – |
| GOLDMAN SACHS ETF TR TR ACCESS ULTRA SHORT | ACES ULTRA SHR | 590K | 12K | – |
| HP INC COM | COM | 16M | 445K | – |
| ILLINOIS TOOL WORKS INC | COM | 273K | 1K | – |
| INNOVATIVE INDL PPTYS INC | COM | 3M | 28K | – |
| INTERNATIONAL BUSINESS MACHS CORP COM | COM | 354K | 2K | – |
| ISHARES TR CORE S&P U S VALUE ETF | CORE S&P US VLU | 323K | 4K | – |
| JOHNSON & JOHNSON COM | COM | 772K | 5K | – |
| JP MORGAN CHASE & CO COM | COM | 449K | 2K | – |
| KAYNE ANDERSON MLP INVESTMENT COMPANY | COM | 3M | 308K | – |
| KLA CORP | COM NEW | 775K | 940 | – |
| LOWES COMPANY INC | COM | 257K | 1K | – |
| MASTERCARD INC CL A | CL A | 1M | 2K | – |
| MCDONALDS CORP | COM | 204K | 802 | – |
| MERCK & CO INC NEW COM | COM | 21M | 168K | – |
| MESA RTY TR UNIT BEN INT | UNIT BEN INT | 279K | 32K | – |
| META PLATFORMS INC | CL A | 579K | 1K | – |
| MICROSOFT CORP COM | COM | 8M | 17K | – |
| MONDELEZ INTL INC CL A | CL A | 395K | 6K | – |
| NIKE INC CLASS B | CL B | 228K | 3K | – |
| NORTHROP GRUMMAN CORP NEW | COM | 392K | 900 | – |
| NOVO NORDISK AS ADR | ADR | 33M | 228K | – |
| NUSCALE PWR CORP | CL A COM | 204K | 17K | – |
| NUVEEN DIVIDEND ADVANTAGE MUNICIPAL FUND | COM | 6M | 499K | – |
| NUVEEN DIVIDEND MUNICIPAL FUND | COM SH BEN INT | 876K | 71K | – |
| NUVEEN GLOBAL HIGH INCOME FD SHS | SHS | 51M | 4M | – |
| NUVEEN INSURED TAX FREE ADVANTAGE | COM | 6M | 516K | – |
| NUVEEN MUNICIPAL CREDIT INCOME FUND | COM | 2M | 122K | – |
| NVIDIA CORP COM | COM | 709K | 6K | – |
| ORACLE CORP COM | COM | 549K | 4K | – |
| PBF ENERGY INC CL A | CL A | 266K | 6K | – |
| PEPSICO INC COM | COM | 560K | 3K | – |
| PFIZER INC COM | COM | 239K | 9K | – |
| PHILIP MORRIS INTL INC COM | COM | 636K | 6K | – |
| PHILLIPS 66 | COM | 267K | 2K | – |
| PLAINS GP HLDGS | LTD PARTNR INT A | 21M | 1M | – |
| PROCTER & GAMBLE CO COM | COM | 3M | 18K | – |
| QUALCOMM INC | COM | 497K | 2K | – |
| RAYTHEON TECHNOLOGIES CORP | COM | 352K | 4K | – |
| SOUTHERN CO COM | COM | 363K | 5K | – |
| SOUTHWESTERN ENERGY CO | COM | 283K | 42K | – |
| SUPER MICRO COMPUTER INC | COM | 2M | 2K | – |
| TEKLA HEALTHCARE OPPORTUNITIES FD SHS | SHS | 941K | 46K | – |
| TESLA MTRS INC COM | COM | 440K | 2K | – |
| TEXAS INSTRUMENTS INC | COM | 5M | 26K | – |
| TOAST INC CL A | CL A | 1M | 55K | – |
| UNITEDHEALTH GROUP INC COM | COM | 458K | 900 | – |
| UNUM GROUP | COM | 21M | 411K | – |
| VANECK VECTORS ETF TR GOLD MINERS ETF | GOLD MINERS ETF | 410K | 12K | – |
| VERIZON COMMUNICATIONS COM | COM | 412K | 10K | – |
| VISA INC COM CL A | COM CL A | 7M | 25K | – |
| VISTRA CORP | COM | 205K | 2K | – |
| VOC ENERGY TR TR UNIT | TR UNIT | 485K | 101K | – |
| WAL MART STORES INC COM | COM | 655K | 10K | – |
| WILLIAMS COS INC COM | COM | 305K | 7K | – |
| CHICAGO ILL O HARE INTL ARPT REV REV REF BDS 2012B 5.000 01/01/31 B | MUNICIPAL BOND | 200K | – | – |
| FANNIN CNTY TX PUBLIC FAC CORP REVENUE TXBLE | MUNICIPAL BOND | 1M | – | – |
| FANNIN CNTY TX PUBLIC FAC CORP REVENUE TXBLE-REF | MUNICIPAL BOND | 345K | – | – |
| NORTH TEX TWY AUTH REV REF BDS 2015 B 5.000 01/01/45 B/E DTD 09/24/15 | MUNICIPAL BOND | 251K | – | – |
| NORTH TEX TWY AUTH REV SYS REF BDS B 5.000 01/01/43 B/E DTD 11/01/17 CL | MUNICIPAL BOND | 563K | – | – |
| PIMA CNTY AZ INDL DEV AUTH EDU REVENUE GRIFFIN FNDTN PROJ SER A | MUNICIPAL BOND | 3M | – | – |
| PIMA CNTY AZ INDL DEV AUTH EDU REVENUE GRIFFIN FNDTN PROJ SER B | MUNICIPAL BOND | 459K | – | – |
| PRAIRIELAND DETENTION CENTER PROJ - PUB FAC CORP TEXAS PROJ REV TAXABLE | MUNICIPAL BOND | 3M | – | – |
| PUBLIC FIN AUTH WIS ED REV TRIAD EDUCATION SERVICES INC | MUNICIPAL BOND | 2M | – | – |
| SILICON VLY CA TOBACCO SECURITIZATION AUTH TABACCO SETTLEM CAP APPREC | MUNICIPAL BOND | 331K | – | – |
| TOBACCO SETTLEMENT FING CORP VA RFDG-FIRST SUB-SER C | MUNICIPAL BOND | 230K | – | – |
| TULANE UNIV LA RFDG-TULANE UNIV-C 0.523 02/15/36 B/E DTD 05/31/07 CLB | MUNICIPAL BOND | 649K | – | – |
| UNITED STATES TREAS NTS 1.500 11/30/24 B/E DTD 11/30/19 | TREASURY NOTE | 277K | – | – |
| UNITED STATES TREAS NTS 2.000 06/30/24 B/E DTD 06/30/17 | TREASURY NOTE | 370K | – | – |
| UNITED STATES TREAS NTS 2.125 07/31/24 B/EDTD 07/31/17 | TREASURY NOTE | 225K | – | – |
| UNITED STATES TREAS NTS 2.250 10/31/24 B/E DTD 10/31/17 | TREASURY NOTE | 247K | – | – |
| UNITED STATES TREAS NTS 2.750 08/31/25 B/E DTD 08/31/18 | TREASURY NOTE | 472K | – | – |
| UNITED STS TREAS NTS 4.250 09/30/24 B/E DTD 09/30/22 | TREASURY NOTE | 462K | – | – |
| UNITED STS TREAS NTS 4.250 10/15/25 B/E DTD 10/15/22 | TREASURY NOTE | 327K | – | – |
| UNITED STS TREAS NTS 4.375 10/31/24 B/E DTD 10/31/22 | TREASURY NOTE | 321K | – | – |