Overview
Scott & Selber, Inc. was founded in 1987 by Curtis Scott and Jack Selber. Scott & Selber, Inc. is owned by
Christopher T. McMillin, and he serves as the President and Chief Compliance Officer.
Scott & Selber, Inc. manages financial assets normally on a discretionary basis. We do not offer financial planning
services, nor do we sell or distribute any products. As of December 31, 2023, Scott & Selber, Inc. managed
$513,905,445 in assets, $498,417,736 discretionary and $15,487,709 non-discretionary.
We are not affiliated with, related to or partially owned by any other investment firms or organizations. We do
not serve as custodian for client assets, nor do we serve as a trustee for any client account. We only invest in
publicly traded securities which may include common stocks, exchange-traded funds, preferred stocks, convertible
stocks and bonds, taxable and tax-exempt bonds, asset-backed bonds and mutual funds.
Each client has a separate account and will have a specific allocation range of equities and fixed income securities,
which in some cases may be all equities or all fixed income. Generally, the lower the risk
level desired by a
client, the lower the exposure to equities as an asset class.
When we provide investment advice to you regarding your retirement plan account or individual retirement
account, we are fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act and/or
the Internal Revenue Code, as applicable, which are laws governing retirement accounts. The way we make money
creates some conflicts with your interests, so we operate under a special rule that requires us to act in your best
interest and not put our interest ahead of yours. Under this special rule’s provisions, we must: a.) Meet a
professional standard of care when making investment recommendations (give prudent advice); b.) Never put our
financial interests ahead of yours when making recommendations (give loyal advice); c.) Avoid misleading
statements about conflicts of interest, fees, and investments; d.) Follow policies and procedures designed to ensure
that we give advice that is in your best interest; e.) Charge no more than is reasonable for our services; and f.)
Give you basic information about conflicts of interest.