Goodman Financial Corp.
Goodman Financial Corporation is an independent investment management firm headquartered in Houston, Texas. Founded in 1989 and controlled by primary shareholder Steve Goodman, the company provides ongoing investment advisory and portfolio management services for individuals, families, and institutions. They emphasize building custom portfolios primarily with individual stocks and bonds to maximize tax efficiency and minimize layered fees. As of April 2025, the firm manages approximately $865 million in assets and employs around 26 professionals.
Investment Strategy
Goodman Financial employs a dynamic and disciplined investment approach that focuses on constructing portfolios primarily with individual equities and bonds, rather than mutual funds, to improve tax efficiency and reduce fees. Their strategy emphasizes long-term growth while closely managing for risk and volatility, with an emphasis on capital preservation. The firm customizes portfolios according to client guidelines and may use liquid publicly traded REITs or commodity-related equities for diversification, but avoids derivatives and excessive portfolio turnover. Their process is tailored to each client's objectives, risk tolerance, and tax situation.
Top Holdings
Equity Positions (66)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
S SPDW | SPDR PORTFOLIO DEVELOPED WORLD EX-US ETF | 6.70% | $33.3M | 822,837 | $31.72 | $40.49 | +$3.6M |
R RSP | INVESCO S&P 500 EQUAL WEIGHT ETF | 6.03% | $30.0M | 165,203 | $173.62 | $181.74 | +$2.7M |
V VCSH | VANGUARD SHORT-TERM CORPORATE BOND ETF | 5.35% | $26.6M | 334,787 | $78.95 | $79.50 | +$1.4M |
N NXT | NEXTRACKER INC CLASS A COM | 3.72% | $18.5M | 340,605 | $42.14 | $54.37 | +$3.9M |
S SCHW | SCHWAB CHARLES CORP COM | 3.71% | $18.5M | 202,380 | $54.19 | $91.24 | +$2.4M |