Overview
Callahan Advisors, LLC (“We” or “Callahan”) is an investment advisory firm specializing in the management of
marketable securities, including equities, fixed and variable income securities, and providing portfolio
management. Formed in 1999, we now manage over $900 million in client assets. Thomas P. Callahan serves as
the Chairman and CIO. Thomas P. Callahan, the Thomas Patrick Callahan, Jr. 2020 Trust, and the Rachel Callahan
Gummattira 2020 Trust are the owners of the Firm.
Callahan provides discretionary investment management services for high-net-worth individuals, individuals,
and charitable organizations. We prefer accounts containing at least $1,000,000 in assets; however, we will
occasionally accept smaller accounts.
Our philosophy is based on the client’s risk tolerance, financial goals, long-term horizon, portfolio diversification,
low portfolio turnover, fee-based compensation, and regular communication between clients and advisors.
While our primary focus is to invest
in US-listed equity securities, both domestic and foreign, we also invest in
corporate debt, government securities, including state and local government securities, exchange-traded funds,
and money market funds. We generally attempt to accommodate investment restrictions imposed by a client
(for example, an aversion to defense or tobacco companies).
Our clients use the brokerage services of Charles Schwab & Co., Inc. (“Schwab”), a Financial Industry Regulatory
Authority (FINRA) registered broker-dealer, and member of Securities Investor Protection Corporation (SIPC), to
maintain custody of clients’ assets and to make trades for their accounts.
We do not participate in wrap-fee programs. We do not publish research reports or sell newsletters. We
periodically work with our client’s accountants and attorneys but do not offer tax or legal advice.
As of December 31, 2023, we had $932,947,839 under management on a discretionary basis. We do not manage
non-discretionary accounts.