P
P38 Enterprises, Inc.
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Total assets under management
$96,348,034
Total clients
83
30% high-net worth
Total advisors
1
of 1 employees
Firm size
Independent
1 advisor
Average clients per advisor
83
Average account size
$1,160,820
About
P38 Enterprises provides continuous asset management and portfolio supervision for individuals, high‑net‑worth individuals, trusts, estates, charitable organizations, and small businesses. The firm also offers tax return preparation and representation before the IRS, and operates as a licensed insurance agency that may sell annuities and other insurance products.
The investment process emphasizes fundamental analysis and strategic asset allocation, generally following a long‑term buy‑and‑hold approach while retaining the ability to execute shorter‑term trades, options strategies, and margin transactions when appropriate. Accounts are managed on a discretionary basis and the firm requires clients to establish custody through a specific institutional brokerage platform that supplies operational and platform services to the adviser.
P38 is atypical among peers in that it includes charitable organizations in its client base and does not use a traditional percentage‑of‑assets fee model. The firm discloses potential conflicts of interest arising from its tax‑preparation services and insurance commissions, and provides portfolio “snapshot” reporting rather than ongoing consolidated performance reports, which may be relevant to prospective clients.
Client services
Portfolio management
Expertise
Annuities
Options & derivatives strategies
Real estate investing
Fee options
Commissions received from insurance and annuity product sales by the President when acting as insurance agent
Hourly rate of $150 used to calculate fixed quarterly fees
Minimum fee: Initial setup fee up to $750, covers first calendar quarter Fee-only: Quarterly fixed fees based on estimated hours at $150/hour, billed quarterly in arrears, adjustable downward if fewer hours used
Main office location
P38 Enterprises, Inc.
Denton TX, United States
Number of offices
1
Most active in
P38 Enterprises, Inc. has reported serving >5 clients in these states in the last 12 months.
Texas
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
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