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PAUL COMSTOCK PARTNERS
Legal name: FIRST ENDOWMENT DEVELOPMENT CORP
CRD 105335File 801-22496
APPROVED
Retail clients
Custody
Filing as of May 22, 2026
Feed vintage Aug 17, 2026
Regulatory AUM
$2.80B
Top 25% of cohort (national)
Discretionary AUM
$260.0M
Non-discretionary $2.54B
Clients
120
120 accounts
Employees
16
Top 25% of cohort in TX
Identity & registration
ADV Item 1- Organization form
- Corporation
- Firm type
- Registered
- SEC region
- FWRO
- Registration date
- Nov 5, 1984
- Principal office
- 1177 WEST LOOP SOUTH, SUITE 1500, HOUSTON, TX, 77027
- Phone
- 713-977-2694
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $2.80B
- Discretionary AUM
- $260.0M
- Non-discretionary AUM
- $2.54B
- Discretionary accounts
- 29
- Non-discretionary accounts
- 91
- Total accounts
- 120
- AUM per client
- $23.3M
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Charitable organizations | 11 | $531.4M |
| High net worth individuals | 109 | $2.27B |
Compensation & activities
ADV Items 5E, 5GCompensation
- Fixed fees
- A percentage of assets under your management
Advisory activities
- Financial planning services
- Selection of other advisers
- Portfolio management for businesses
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- Yes
- Firm Custody Assets
- No
- Firm Custody Clients
- No
- Firm Custody Securities
- Yes
- Related Person Custody Cash
- No
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- No
Disclosure events
ADV Item 11This firm answered no to every Item 11 disclosure question in this filing.
Filed changes
| Date | Field | From | To |
|---|---|---|---|
| Aug 12, 2026 | Registration | — | APPROVED |
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.