First Dallas Securities provides investment management services tailored to your investment goals. An assigned investment advisor representative manages your account with discretion, making buy and sell decisions based on market conditions and the investment merits of securities. They primarily focus on domestic stocks. Compensation is commission-based, receiving commissions, transaction charges, and other brokerage charges.
Fee Structure
First Dallas Securities does not charge a separate management fee. Instead, they are compensated through commissions and transaction charges when they buy or sell investments for your account. These commissions vary depending on the type of investment (stocks, bonds, or options), the size of the order, and the price of the security. There is also a ticket charge of $13.95 per trade. Mutual funds may also pay First Dallas Securities ongoing fees.