Callahan Advisors, LLC manages marketable securities, including equities, fixed and variable income securities, and provides portfolio management for individuals, high-net-worth individuals, foundations, trusts, estates, retirement accounts, and charitable organizations. Founded in 1999 and based in Houston, Texas, Callahan Advisors operates as a registered investment adviser legally required to act in your best interest. The firm uses the brokerage and custodial services of Charles Schwab & Co., Inc. Callahan Advisors follows a philosophy based on individual risk tolerance, long-term horizons, portfolio diversification, low portfolio turnover, and regular communication. While the primary focus is on U.S.-listed equity securities, the firm also invests in corporate debt, government securities, exchange-traded funds, and money market funds. Callahan Advisors has the authority to make trades without asking first on a discretionary basis and prefers accounts with at least $1,000,000 in assets, though smaller accounts are occasionally accepted.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.00% |
| $500K - $1.5M | 0.80% |
| $1.5M - $2.5M | 0.65% |
| $2.5M+ | 0.50% |
Rates apply to equities and equity-focused exchange-traded funds. Other asset classes have different fee schedules: fixed income at 0.40%, certificates of deposit and U.S. Treasuries at 0.20%, and cash or money market funds at 0%. Fees are negotiable.