A complete list of active advisors currently associated with First Dallas Securities, Inc.

Warmer can help you find a great advisor at First Dallas Securities, Inc. or one who fits your needs even better.

First Dallas Securities serves individual investors — including high-net-worth clients — as well as institutional clients such as trusts, estates, charitable organizations, corporations, and retirement plans (the firm also notes relationships with banking or thrift institution clients). The firm offers discretionary portfolio management with an emphasis on equity securities, managing accounts through assigned investment adviser representatives and overseeing approximately $398 million in discretionary AUM with a small advisory team. The firm’s investment process combines fundamental and technical analysis and can produce focused or concentrated equity portfolios that include small- to medium-cap and special-situation investments; investment decisions are made by the adviser representative in light of each client’s objectives and suitability factors. First Dallas Securities does not emphasize separate financial planning services in its brochure and generally manages accounts on a discretionary, transaction-oriented basis rather than under a percentage-of-assets model. Distinctive aspects include dual broker-dealer and registered investment adviser activity: the firm operates its advisory business on a commission-based arrangement and its representatives are also registered broker-dealer representatives, and the firm is affiliated with Hodges Capital Management and may use Hodges’ research and mutual fund shares in client accounts. The brochure discloses a past disciplinary event (a 2017 FINRA sanction relating to ticket charges) and details potential conflicts of interest tied to shared commissions, 12b-1 payments, and revenue-sharing with its clearing firm that clients should consider.

To learn more about the advisors currently working at First Dallas Securities, Inc., click on their names below to view their profiles, or click here to see them all on a map. Or, if you tell us about your needs, Warmer can help you find the best advisor for you.