Hengzhe Li is a CFA-designated registered investment advisor at Fayez Sarofim & CO., based in Houston, TX. Hengzhe operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 2,926 clients with $35B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Fayez Sarofim & Co. charges a percentage of your portfolio's value for investment management. Here's how the fees work for different types of investments:
Large Capitalization Equity, Concentrated Equity, Equity Income, and Equity Portfolios of Balanced Accounts:
- First $2,000,000: 0.75% per year
- Next $18,000,000: 0.50% per year
- Next $20,000,000: 0.40% per year
- Next $20,000,000: 0.35% per year
- Over $60,000,000: 0.20% per year
Global Equity and International Equity Products:
- First $50,000,000: 0.60% per year
- Next $50,000,000: 0.40% per year
- Over $100,000,000: 0.30% per year
Fixed Income Securities:
- 0.20% per year
Fayez Sarofim & Co. currently waives fees on cash positions in portfolios, but reserves the right to reinstate a 0.20% annual fee.
Location
Two Houston Center, 2907, Houston, TX, 77010
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Employment History
Current Registrations
Fayez Sarofim & CO.
Sarofim Trust CO
Sarofim International Management CO
State Registrations1 state
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