Callahan Advisors, Llc
- Regulatory AUM
- $1.3B
- Discretionary
- $1.3B
- Clients
- 447
- Avg AUM / client
- $3.0M
- Accounts
- 1,357
- Employees
- 11
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 30, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 188 | $75.6M | 5.69% |
| High net worth individuals | 243 | $1.2B | 92.1% |
| Charitable organizations | 16 | $29.6M | 2.23% |
People (8)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Thomas Patrick Callahan | Chairman | Nov 1998 (28y) | Less than 5% | |
| Rachel Callahan Gummattira | Chief Compliance Officer | CFP | Sep 2012 (14y) | ≈ 37.5% – 75% via Rachel Callahan Gummattira 2020 Trust |
| Thomas Patrick Callahan | Trustee | May 2013 (13y) | ≈ 37.5% – 75% via Thomas Patrick Callahan, Jr. 2020 Trust | |
| Hamendra Prabhulal Ojha | Registered representative | May 2010 (16y) | ||
| William Frank Monroe | Registered representative | Aug 2018 (8y) | ||
| Donna Jean Medcalf | Registered representative | Mar 2024 (2y) | ||
| Patricia Kelly Somoza | Registered representative | Jan 2025 (2y) | ||
| Nam Truong Bui | Registered representative | Apr 2025 (1y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Thomas Patrick Callahan, Jr. 2020 Trust | Owner | Apr 2020 | A | 50% – 75% |
| Rachel Callahan Gummattira 2020 Trust | Owner | Apr 2020 | A | 50% – 75% |
Estimated effective ownership (look-through of filed bands):
- Rachel Callahan Gummattira: 75% – 100% of Rachel Callahan Gummattira 2020 Trust × 50% – 75% direct ≈ 37.5% – 75% of the firm
- Thomas Patrick Callahan: 75% – 100% of Thomas Patrick Callahan, Jr. 2020 Trust × 50% – 75% direct ≈ 37.5% – 75% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 908 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
Services
- • Portfolio management for individuals/small businesses
Custody
Reported custodians
- Charles Schwab & Co. $1.3B (100% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 30, 2026.
View current Form ADV (SEC/IAPD) ↗