Niva WealthLet’s talk

Fayez Sarofim &

SEC-registered adviser since 1958Houston, TXCRD 106584

$35.1B
AUM
2,997
Clients
See fees
Fee
22
Advisory staff

From Form ADV filed 12 May 2026 · data retrieved 15 October 2026SEC record

Fayez Sarofim & is an investment adviser headquartered in Houston, Texas, and registered with the SEC since 1958. Its clients include high-net-worth individuals, corporations and other businesses, and charitable organizations. High-net-worth individuals account for 40% of its regulatory assets under management.

Its services include portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, and portfolio management for institutions. Fee arrangements include a percentage of assets under management. The Sarofim Group, LLC owns 75% or more of Fayez Sarofim &, and JR. Lee is its CEO.

Clients

Fayez Sarofim & serves 2,997 clients, 2,465 of them other individuals. The average client has about $12 million with the firm, and high-net-worth clients hold 40% of its $35.1 billion in assets.

Regulatory assets by client type
  • Individuals2,465 clients5%
  • High-net-worth individuals274 clients40%
  • Investment companies5 clients9%
  • Charitable organizations109 clients16%
  • Corporations and other businesses129 clients26%
  • OtherPooled investment vehicles, Pension and profit-sharing plans, State or municipal government entities, Insurance companies4%
Show client breakdown
Individuals (other than HNW)
Clients
2,465
Regulatory AUM
$1,716,473,688
Share
4.9%
Avg. per client
$696K
High-net-worth individuals
Clients
274
Regulatory AUM
$14,139,984,967
Share
40.3%
Avg. per client
$51.6M
Investment companies
Clients
5
Regulatory AUM
$3,296,325,350
Share
9.4%
Avg. per client
$659.3M
Pooled investment vehicles
Clients
2
Regulatory AUM
$684,555,750
Share
2.0%
Avg. per client
$342.3M
Pension and profit-sharing plans
Clients
10
Regulatory AUM
$345,271,369
Share
1.0%
Avg. per client
$34.5M
Charitable organizations
Clients
109
Regulatory AUM
$5,649,346,876
Share
16.1%
Avg. per client
$51.8M
State or municipal government entities
Clients
2
Regulatory AUM
$79,301,512
Share
0.2%
Avg. per client
$39.7M
Insurance companies
Clients
1
Regulatory AUM
$149,052,138
Share
0.4%
Avg. per client
$149.1M
Corporations and other businesses
Clients
129
Regulatory AUM
$9,011,004,586
Share
25.7%
Avg. per client
$69.9M

Total

Clients
2,997
Regulatory AUM
$35,071,316,236
Share
100%
Avg. per client
$11.7M

What it does

Fayez Sarofim & provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets.

Fayez Sarofim & advises no private funds.

99.4% of assets ($34.87B across 2,977 accounts) are managed with discretion; $198.8M across 20 accounts are not. $1.72B sits in a wrap fee program the firm both sponsors and manages. 0% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.

What the accounts hold

Separately managed account assets by class, year end
  • Stocks92%
  • Bonds3%
  • Cash2%
  • Other3%
    • Real estate, private equity3%

Custodians

Fayez Sarofim &’s client accounts are held mainly at Fidelity, with 17% of managed assets. Fayez Sarofim & does not have custody of client assets.

Managed account assets by custodian
  • FidelityFidelity Distributors Company LLC · Boston, MA · $5.87B17%
  • All other custodians$29.20B83%

Ownership and leadership

The Sarofim Group, LLC owns 75% or more of Fayez Sarofim &, and JR. Lee is its CEO.

Who owns the firm
Fayez Sarofim & Co., LLC· the adviser

  • The Sarofim Group, LLC

    Control person · since December 2011

    Owns 75% or more of Fayez Sarofim & Co., LLC

Leadership

  • JR. Lee
    Director, Chief Executive Officer and Chief Investment Officer
  • Alan Christensen
    President and Head of Investment Risk
  • Raye White
    Director, Executive Vice President, Secretary and Treasurer
  • Alexander Robison
    Chief Financial Officer
  • John Colucci
    Chief Operating Officer
  • William Hanna
    Chief Compliance Officer
  • Michele Gibbons
    General Counsel
  • Christopher Sarofim
    Director and Chairman

Staff

  • 54 employees
  • 22 in advisory functions
  • 18 state-registered reps
  • 3 soliciting firms

Reported holdings

Fayez Sarofim &’s reported 13F holdings total $42.54B across 300 positions, and the ten largest make up 48.8% of it.

$42.54B
Reported 13F value
300
Positions
48.8%
In the 10 largest
+8.8%
Value vs. prior quarter
Ten largest positions, share of reported value
  1. Apple Inc.9.5%
  2. Microsoft Corp.7.3%
  3. Alphabet Inc.-cl C6.5%
  4. Nvidia Corp.4.7%
  5. Amazon.com Inc.4.7%
  6. Philip Morris International4.7%
  7. Meta Platforms Inc.2.9%
  8. Coca-cola Co/the2.9%
  9. Taiwan Semiconductor-sp ADR · American Depository Receipt2.9%
  10. ASML Holding Nv-ny Reg Shs · American Depository Receipt2.7%

Together, the ten largest are 48.8% of reported value.

The 50 largest positions and quarterly changesQuarter ended 30 June 2026 · filed 17 August 2026

A 13F covers only exchange-traded long positions the firm holds with discretion, so this $42.54B is not its $35.07B in regulatory assets and does not represent any individual client's portfolio.

Fees

Fayez Sarofim & is paid through a percentage of assets under management.

Fayez Sarofim &’s fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Fayez Sarofim & has 0 offices, with 1 listed address in 1 state.

Listed office addresses by state

Texas · 1 listed address

  • 845 Texas Avenue, Suite 2000, HoustonHQ

Other business names

Fayez Sarofim & has reported 1 other business name to the SEC.

  • Fayez Sarofim & Co.

Registration details

Legal name
Fayez Sarofim & Co., LLC
Headquarters
845 Texas Avenue, Suite 2000, Houston, TX 77002
Phone
713-654-4484
Website
Not reported
SEC file
801-1725
Structure
Delaware LLC
Fiscal year end
December

This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov

Common questions

How many clients does Fayez Sarofim & have?

Fayez Sarofim & has 2,997 clients and manages $35.1 billion for them, as of May 2026. They include 2,465 other individuals, 274 high-net-worth individuals and 129 corporations and other businesses.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 12 May 2026

What services does Fayez Sarofim & offer?

Fayez Sarofim & provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions.

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

Which custodians does Fayez Sarofim & use?

Fayez Sarofim &’s separately managed account assets are held at Fidelity Distributors Company LLC (Boston, MA), with $5,872,708,331. Only custodians holding at least a tenth of those assets are named.

Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 12 May 2026

How many financial advisors does Fayez Sarofim & have?

Fayez Sarofim & has 18 investment adviser representatives registered with state securities authorities, out of 54 employees, and 22 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.

Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file

What does Fayez Sarofim & invest in?

At the end of its last fiscal year, Fayez Sarofim &’s separately managed accounts held 92% exchange-traded equities, 3% investment grade corporate bonds, 3% real estate, private equity and 2% cash and equivalents. It advises no private funds of its own.

Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file

Who owns Fayez Sarofim &?

Fayez Sarofim & is owned through a chain of holding companies by Christopher Sarofim. Its direct owner is the Sarofim Group, LLC (75% or more).

Source: Form ADV Part 1A, Schedules A and B, filed 12 May 2026

How does Fayez Sarofim & get paid?

Fayez Sarofim & is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.

Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file

Sources

  1. Form ADV Part 1A, amendment filed 12 May 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 106584.
  3. Form 13F-HR, filed 17 August 2026 for the quarter ended 30 June 2026.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since.

Download source data (JSON)How this directory is compiledReport a correction

This profile is compiled from public regulatory filings and is provided for informational purposes only. Niva Wealth is not affiliated with Fayez Sarofim & Co., LLC and makes no representation about the quality of its services. Figures reflect the filing dates shown and may have changed. Ownership percentages are the bands reported to the SEC, not exact figures.