Firm Information
Compensation
Number of Advisors
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $3.0M | 0.90% |
| $3.0M - $5.0M | 0.80% |
| $5.0M - $10.0M | 0.65% |
| $10.0M - $20.0M | 0.50% |
| $20M+ | 0.50% |
Fees over $20 million are negotiable.
Fee Estimator
The annual fee for family office wealth management is based on assets under management (see table for rates). Fees are calculated quarterly and payable in advance. Financial counseling services are provided on a project basis, with fees typically ranging from $1,000 to $25,000 depending on complexity. Investment management services are offered for a negotiated fee. All advisory and investment management fees are negotiable. The firm does not have a stated minimum account size, but typically works with client family relationships in excess of $1,000,000.
Areas of Practice
Advisor Information
Office location
952 Echo Lane, Suite 312, Houston, TX, 77024
Get directionsRegulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business Activities
David owns Madsen Waters, LLC, a personal family investment entity, and is an owner and director of LE Jones, a valve seat manufacturing firm. He spends a few hours per week on these activities.