Fayez Sarofim & Co., Llc
- Regulatory AUM
- $35.1B
- Discretionary
- $34.9B
- Clients
- 2,997
- Avg AUM / client
- $11.7M
- Accounts
- 2,997
- Employees
- 54
AUM over time
Annual snapshots from Form ADV filings · as of May 12, 2026
Asset allocation (SMA assets by investment type)
as of May 12, 2026Share of SMA assets by investment vehicle type, as filed in Form ADV Item 5.K. Dollar figures are percentages applied to total regulatory AUM.
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 2,465 | $1.7B | 4.89% |
| High net worth individuals | 274 | $14.1B | 40.3% |
| Investment companies | 5 | $3.3B | 9.4% |
| Pooled investment vehicles (non-investment companies) | 2 | $685M | 1.95% |
| Pension and profit sharing plans | 10 | $345M | 0.98% |
| Charitable organizations | 109 | $5.6B | 16.1% |
| State or municipal government entities | 2 | $79.3M | 0.23% |
| Insurance companies | 1 | $149M | 0.42% |
| Corporations and other businesses | 129 | $9.0B | 25.7% |
Nonprofit clients
Charities that reported this firm as a top-paid contractor (investment services) on Form 990.
| Charity | Location | Period |
|---|---|---|
| Kipp Texas Future Fund EIN 260279655 | Houston, TX | 06/30/2024 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Texas Children's Hospital Cash Balance Pension Plan Texas Children's | 2024 | |
| Seven Acres Jewish Senior Care Services Retirement Plan Seven Acres Jewish Senior Care Services, Inc. | 2024 | |
| The Retirement Plan For Employees Of The Estate Of Thomas O'connor The Estate Of Thomas O'connor | 2024 | |
| Southern Electrical Retirement Fund Board Of Trustees Southern Electrical Retirement Fund | 2024 | |
| Pga Tour Employees Savings Plan Pga Tour, Inc | 2024 | |
| Tidewater Electrical Industry Pension Fund Board Of Trustees Tidewater Electrical Industry Pension Fund | 2024 | |
| Latham & Watkins 401(k) Savings And Profit Sharing Plan Latham & Watkins Llp | 2024 |
People (20)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Raye Gillis White | Director, Executive Vice President, Secretary, Treasurer, Chief Compliance Officer | Chartered Investment Counselor | Aug 1958 (68y) | Less than 5% |
| Sheedy, Charles, Edmund | Senior Vice President | Oct 1986 (40y) | Less than 5% | |
| Christopher Binyon Sarofim | Director And Chairman | Jun 1997 (29y) | ≈ 42.19% – 100% via Sarofim Sgi Voting Trust | |
| Reynaldo (Nmn) Reza | Senior Vice President | CFA | Nov 2000 (26y) | Less than 5% |
| William Gentry Lee, Jr. | Director, Chief Executive Officer And Chief Investment Officer | CFA | Nov 2000 (26y) | Less than 5% |
| Alan Robert Christensen | President And Head Of Investment Risk | CFA | Jun 2010 (16y) | Less than 5% |
| Gibbons, Michele, Lew | General Counsel | Sep 2021 (5y) | Less than 5% | |
| Colucci, John | Chief Operating Officer | Sep 2022 (4y) | Less than 5% | |
| Robison, Alexander, Chase | Chief Financial Officer | Mar 2024 (2y) | Less than 5% | |
| Catherine Paddock Crain | Registered representative | CFA | Jun 1997 (29y) | |
| Douglas Kenneth Alder | Registered representative | CFA | Jun 2010 (16y) | |
| Samuel Edward Cody Dick | Registered representative | CFA | Jun 2010 (16y) | |
| Anthony John Gracely | Registered representative | CFA | Aug 2012 (14y) | |
| Nicholas Joseph Zdeblick | Registered representative | CFA | Sep 2012 (14y) | |
| David T Searls | Registered representative | Sep 2012 (14y) | ||
| Matthew Michael Altenau | Registered representative | CFA | Jul 2013 (13y) | |
| Daniel Patrick Connally | Registered representative | CFA | Dec 2013 (13y) | |
| Vernon Scott Perry | Registered representative | CFA | Dec 2013 (13y) | |
| Andrew P Ziccardi | Registered representative | CFA | Apr 2021 (5y) | |
| Hengzhe Joseph Li | Registered representative | CFA | Apr 2025 (1y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| The Sarofim Group, Llc | Shareholder | Dec 2011 | A | 75% or more |
| Sarofim Sgi Voting Trust | E | May 2022 | B | ≈ 56.25% – 100% via The Sarofim Group, Llc |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Christopher Binyon Sarofim: 75% – 100% of Sarofim Sgi Voting Trust × 75% – 100% of The Sarofim Group, Llc × 75% – 100% direct ≈ 42.19% – 100% of the firm
- Sarofim Sgi Voting Trust: 75% – 100% of The Sarofim Group, Llc × 75% – 100% direct ≈ 56.25% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Retirement plans served (7)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Texas Children's Hospital Cash Balance Pension Plan | Texas Children's | 13,557 | $726M | 10/01/2024 |
| Seven Acres Jewish Senior Care Services Retirement Plan | Seven Acres Jewish Senior Care Services, Inc. | 115 | $6.0M | 09/01/2024 |
| The Retirement Plan For Employees Of The Estate Of Thomas O'connor | The Estate Of Thomas O'connor | 46 | $64.1M | 01/01/2024 |
| Southern Electrical Retirement Fund | Board Of Trustees Southern Electrical Retirement Fund | 13,044 | $2.2B | 01/01/2024 |
| Pga Tour Employees Savings Plan | Pga Tour, Inc | 2,909 | $291M | 01/01/2024 |
| Tidewater Electrical Industry Pension Fund | Board Of Trustees Tidewater Electrical Industry Pension Fund | 466 | $65.1M | 01/01/2024 |
| Latham & Watkins 401(k) Savings And Profit Sharing Plan | Latham & Watkins Llp | 4,864 | $3.1B | 01/01/2024 |
From Form 5500 service-provider disclosures.
Foundations & charities (1)
| Organization | Type | Assets | As of |
|---|---|---|---|
| Kipp Texas Future Fund | Public charity | $139M | 06/30/2024 |
From IRS Form 990 investment-management-fee disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/12/2026 | 1.09 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Fidelity Distributors Company Llc $5.9B (17% of AUM) May 2026
- Fidelity Brokerage Services $1.9B (8% of AUM) Jul 2019
- Merrill Lynch $1.4B (6% of AUM) Jul 2019
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: May 12, 2026.
View current Form ADV (SEC/IAPD) ↗