HOUSTON, Sept. 12, 2011 /PRNewswire/ -- U.S. Capital Advisors LLC ("USCA") announced today that Bill Hurt and Titus Harris III have joined the firm as Managing Directors. Mr. Harris and Mr. Hurt, who manage approximately $350 million in client assets, are native Houstonians with family roots stretching back over 100 years in the Houston area. Both join USCA from Sanders Morris Harris Inc., the broker-dealer subsidiary of The Edelman Financial Group.
"We are pleased to be able to service our clients with the resources of a Houston-based firm with a strong focus on the energy industry. The rapid evolution of today's capital markets and resulting volatility requires careful research and individually tailored planning to help clients preserve and grow their investment assets," said Mr. Hurt.
"We believe that U.S. Capital Advisors allows us to provide global capabilities in equities, bond and alternative assets with a local perspective," said Mr. Harris, whose father, Titus Harris, Jr. was a co-founder of Sanders Morris Harris Inc.
USCA's CEO, Pat Mendenhall, commented, "We provide independent, conflict-free advice based on a truly client-centered culture. As a private company with our employees as the majority owners, we are focused on the long-term goal of creating a premier boutique financial services firm that caters to the needs of our clients. We are pleased to have Bill and Titus join our team."
About U.S. Capital Advisors LLC
U.S. Capital Advisors is a growing, integrated financial services boutique, providing a full range of advisory services and solutions to high net worth individuals and institutional clients. Based in Houston, TX, USCA is led by seasoned professionals with proven track records in the industry. Privately owned, the firm launched business operations in late 2010. Securities Services are provided through USCA Securities LLC, Member FINRA/SIPC, and Investment Advisory Services are offered through USCA RIA LLC.
SOURCE U.S. Capital Advisors LLC