Exhibit 21.1
SUBSIDIARIES OF THE EDELMAN FINANCIAL GROUP INC.
| Subsidiary |
State of Organization |
Percentage Ownership |
Names Under Which Subsidiary Does Business |
||||
| Sanders Morris Harris Inc. | Texas | 100% | Sanders Morris Harris | ||||
| SMH Asset & Wealth Management | |||||||
| SMH Partners | |||||||
| Kissinger Financial Services | |||||||
| Concept Capital | |||||||
| SMH Capital Advisors, Inc. | Texas | 100% | Cummer/Moyers Capital Advisors | ||||
| The Edelman Financial Center, LLC | Delaware | 76% | |||||
| Edelman Business Services, LLC | Delaware | 100% | (1) | ||||
| Edelman Financial Services, LLC | Delaware | 100% | (1) | ||||
| Leonetti & Associates, LLC | Illinois | 50.1% | |||||
| The Rikoon Group, LLC | Delaware | 80% | |||||
| The Dickenson Group, LLC | Ohio | 50.1% | |||||
| Miller-Green Financial Services, Inc. | Texas | 100% | |||||
| HWG Insurance Agency, Inc. | Texas | 100% | (2) | ||||
| SMM Corporate Management, LLC | Delaware | 99% | (2) | ||||
| SOF Management, LLC | Delaware | 100% | (2) | ||||
| SMH Life Science Management, LLC | Delaware | 99% | (2) | ||||
| Signet Healthcare Partners, LLC | Delaware | 50% | (2) | ||||
| SMH PEG Management, LLC | Delaware | 62.53% | (2) | ||||
| SMH PEG Management II, LLC | Delaware | 51.36% | (2) | ||||
| SMH PE Management, LLC | Delaware | 98% | (2) | ||||
| SMH SPEADV, LLC | Delaware | 100% | |||||
| Select Sports Group Holdings, LLC | Texas | 50.5% | |||||
| Select Sports Group, Ltd. | Texas | 50.5% | |||||
| 10 Sports Marketing GP, LLC | Delaware | 50% | |||||
| 10 Sports Marketing, LP | Delaware | 64.95% | |||||
| PTC GP Management, LLC | Texas | 50% | (2) | ||||
| PTC – Houston Management, LP | Texas | 42% | (2) | ||||
| Corporate Opportunities Fund, L.P. | Delaware | 0.339% | (3) (*) | ||||
| Corporate Opportunities Fund (Institutional), L.P. | Delaware | 0.0629% | (3) (*) | ||||
| Life Sciences Opportunity Fund, L.P. | Delaware | 16.4811% | (4) (*) | ||||
| Life Sciences Opportunity Fund (Institutional), L.P. | Delaware | 0.9901% | (4) (*) | ||||
| Life Sciences Opportunities Fund II, L.P. | Delaware | 0.5% | (5) (*) | ||||
| Life Sciences Opportunities Fund II (Institutional), L.P. | Delaware | 0.5% | (5) (*) | ||||
| Investor Financial Solutions, LLC | California | 51% | |||||
| Global Financial Services, LLC | Texas | 48.7% | |||||
| GFS Advisors, LLC | Texas | 50.1% |
| (1) | By The Edelman Financial Center, LLC |
| (2) | By Sanders Morris Harris Inc. |
| (3) | By SMM Corporate Management, LLC |
| (4) | By SMH Life Science Management, LLC |
| (5) | By Signet Healthcare Partners, LLC |
| (*) | Does not include any investment by the Company as a limited partner. |