Services and clients
Fayez Sarofim & Co. provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, and portfolio management for institutions.
Clients
Fayez Sarofim & Co. reports 2,997 clients. They include 2,465 other individual clients, 274 high-net-worth individuals, and 129 corporations and other businesses.
AUM per wealth client averages the assets reported for individuals and high-net-worth individuals over their reported client counts. It excludes institutional clients.
- Individuals (other than HNW)2,465 clients$1.72B in assets
- High-net-worth individuals274 clients$14.14B in assets
- Investment companies5 clients$3.30B in assets
- Pooled investment vehicles2 clients$684.6M in assets
- Pension and profit-sharing plans10 clients$345.3M in assets
- Other client types241 clients$14.89B in assetsCharitable organizations; State or municipal government entities; Insurance companies; Corporations and other businesses
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 2,465 | $1,716,473,688 | 4.9% | $696K |
| High-net-worth individuals | 274 | $14,139,984,967 | 40.3% | $51.6M |
| Investment companies | 5 | $3,296,325,350 | 9.4% | $659.3M |
| Pooled investment vehicles | 2 | $684,555,750 | 2.0% | $342.3M |
| Pension and profit-sharing plans | 10 | $345,271,369 | 1.0% | $34.5M |
| Charitable organizations | 109 | $5,649,346,876 | 16.1% | $51.8M |
| State or municipal government entities | 2 | $79,301,512 | 0.2% | $39.7M |
| Insurance companies | 1 | $149,052,138 | 0.4% | $149.1M |
| Corporations and other businesses | 129 | $9,011,004,586 | 25.7% | $69.9M |
| Total | 2,997 | $35,071,316,236 | 100% | $11.7M |
- Clients
- 2,465
- Regulatory AUM
- $1,716,473,688
- AUM share
- 4.9%
- Avg. per client
- $696K
- Clients
- 274
- Regulatory AUM
- $14,139,984,967
- AUM share
- 40.3%
- Avg. per client
- $51.6M
- Clients
- 5
- Regulatory AUM
- $3,296,325,350
- AUM share
- 9.4%
- Avg. per client
- $659.3M
- Clients
- 2
- Regulatory AUM
- $684,555,750
- AUM share
- 2.0%
- Avg. per client
- $342.3M
- Clients
- 10
- Regulatory AUM
- $345,271,369
- AUM share
- 1.0%
- Avg. per client
- $34.5M
- Clients
- 109
- Regulatory AUM
- $5,649,346,876
- AUM share
- 16.1%
- Avg. per client
- $51.8M
- Clients
- 2
- Regulatory AUM
- $79,301,512
- AUM share
- 0.2%
- Avg. per client
- $39.7M
- Clients
- 1
- Regulatory AUM
- $149,052,138
- AUM share
- 0.4%
- Avg. per client
- $149.1M
- Clients
- 129
- Regulatory AUM
- $9,011,004,586
- AUM share
- 25.7%
- Avg. per client
- $69.9M
Total
- Clients
- 2,997
- Regulatory AUM
- $35,071,316,236
- AUM share
- 100%
- Avg. per client
- $11.7M
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.
Additional activity details
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Fees and minimums
Fayez Sarofim & Co. is paid through a percentage of assets under management.
Brochure fee details have not yet been processed for this profile. Find its brochure on the SEC’s site.
Ownership and people
The Sarofim Group, LLC owns 75% or more of Fayez Sarofim & Co., and JR. Lee is its CEO.
- Owns 75% or more of Fayez Sarofim & Co., LLC
The Sarofim Group, LLC
Control person · since December 2011
- Owns 75% or more of The Sarofim Group, LLC
Sarofim Sgi Voting Trust
Control person · since May 2022
- Owns 75% or more of Sarofim Sgi Voting Trust
Christopher Sarofim
Control person · since May 2022
Staff
- 54 employees
- 22 in advisory functions
- 18 state-registered reps
- 3 soliciting firms
Investments and reported holdings
What the accounts hold
- Stocks92%
- Bonds3%
- Cash2%
- Other3%
- Real estate, private equity3%
Custodians
Fayez Sarofim & Co.’s named custodians for separately managed accounts include Fidelity ($5,872,708,331). Fayez Sarofim & Co. does not have custody of client assets.
- Fidelity Distributors Company LLCBoston, MA
- $5,872,708,331
Offices and registration details
Besides its headquarters, Fayez Sarofim & Co. has 0 offices, with 1 listed address in 1 state.
Texas · 1 listed address
- 845 Texas Avenue, Suite 2000, HoustonHQ
Other business names
Fayez Sarofim & Co. 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
- @fayez-sarofim-&-co.
- SEC file
- 801-1725
- Structure
- Delaware LLC
- Fiscal year end
- December
- State notice filings
- 53 jurisdictions, most recently 27 March 2024
Notice filing jurisdictions
- Alabama
- Notice Filed · 13 December 2001
- Alaska
- Notice Filed · 14 December 2001
- Arizona
- Notice Filed · 13 December 2001
- Arkansas
- Notice Filed · 17 December 2001
- California
- Notice Filed · 26 November 1969
- Colorado
- Notice Filed · 13 December 2001
- Connecticut
- Notice Filed · 25 January 1998
- Delaware
- Notice Filed · 31 March 2003
- District of Columbia
- Notice Filed · 14 December 2001
- Florida
- Notice Filed · 28 December 1982
- Georgia
- Notice Filed · 21 September 1994
- Hawaii
- Notice Filed · 13 December 2001
- Idaho
- Notice Filed · 13 December 2001
- Illinois
- Notice Filed · 23 December 1970
- Indiana
- Notice Filed · 13 December 2001
- Iowa
- Notice Filed · 17 December 2001
- Kansas
- Notice Filed · 13 December 2001
- Kentucky
- Notice Filed · 13 December 2001
- Louisiana
- Notice Filed · 5 October 2001
- Maine
- Notice Filed · 13 December 2001
- Maryland
- Notice Filed · 13 December 2001
- Massachusetts
- Notice Filed · 13 December 2001
- Michigan
- Notice Filed · 13 December 2001
- Minnesota
- Notice Filed · 10 January 2002
- Mississippi
- Notice Filed · 13 December 2001
- Missouri
- Notice Filed · 13 December 2001
- Montana
- Notice Filed · 13 December 2001
- Nebraska
- Notice Filed · 13 December 2001
- Nevada
- Notice Filed · 13 December 2001
- New Hampshire
- Notice Filed · 3 September 1991
- New Jersey
- Notice Filed · 25 January 2002
- New Mexico
- Notice Filed · 14 October 1994
- New York
- Notice Filed · 9 January 1974
- North Carolina
- Notice Filed · 13 December 2001
- North Dakota
- Notice Filed · 13 December 2001
- Ohio
- Notice Filed · 26 May 1999
- Oklahoma
- Notice Filed · 1 January 1998
- Oregon
- Notice Filed · 22 January 2001
- Pennsylvania
- Notice Filed · 14 June 1988
- Puerto Rico
- Notice Filed · 13 December 2001
- Rhode Island
- Notice Filed · 13 December 2001
- South Carolina
- Notice Filed · 13 December 2001
- South Dakota
- Notice Filed · 17 December 2001
- Tennessee
- Notice Filed · 17 December 2001
- Texas
- Notice Filed · 18 June 1958
- Utah
- Notice Filed · 17 December 2001
- Vermont
- Notice Filed · 18 November 1994
- Virgin Islands
- Notice Filed · 31 March 2011
- Virginia
- Notice Filed · 17 April 1990
- Washington
- Notice Filed · 13 December 2001
- West Virginia
- Notice Filed · 17 December 2001
- Wisconsin
- Notice Filed · 17 October 1995
- Wyoming
- Notice Filed · 27 March 2024
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 & Co. have?
Fayez Sarofim & Co. has 2,997 clients and manages $35.1 billion for them, as of May 2026. They include 2,465 other individual clients, 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 & Co. offer?
Fayez Sarofim & Co. 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 & Co. use?
Fayez Sarofim & Co.’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 & Co. have?
Fayez Sarofim & Co. 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 & Co. invest in?
At the end of its last fiscal year, Fayez Sarofim & Co.’s separately managed accounts held 92% exchange-traded equities, 3% investment grade corporate bonds, 3% other and 2% cash and equivalents. The 3% other category is described as: Real Estate, Private Equity.
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 & Co.?
Fayez Sarofim & Co. 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 & Co. get paid?
Fayez Sarofim & Co. 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