MR

Michael Harvey Richter

28 Years of Experience

Firm Information

Compensation
Fee-Only (AUM)Fixed/Hourly
Number of Advisors
11 advisors
Number of Clients
418 clients
Average Client Portfolio
$2.7M average
Assets Under Management
$1.1B

Fee Structure

Minimum Investment:$200K
Financial Planning:Included in AUM fee
AUM-Based Fees (Tiered)
Assets Under ManagementAnnual Fee
Up to $1.0M2.00%
$1.0M - $2.0M1.50%
$2.0M - $5.0M1.00%
$5M+1.00%

Above $5,000,000 fees are negotiable.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
Financial Plan Fee:$500 - $100,000

Arkos Global Advisors charges fixed fees for financial planning and consulting, ranging from $500 to $100,000 depending on scope and complexity. Wealth management fees are based on assets under management, following a tiered schedule (see table). Fees are negotiable and may be offset if clients engage the firm for additional investment advisory services. The firm may negotiate a different fee rate for certain client holdings. Minimum household investment amount is $200,000, although exceptions can be made.

Areas of Practice
Financial Planning & CoachingRetirement PlanningTax PlanningEstate PlanningCharitable GivingInsurance PlanningInvestment Management
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Advisor Information

Office location

4400 Post Oak Pkwy, Ste. 1950, Houston, TX, 77027

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Regulatory History (1)
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Regulatory
November 1998
Final
Other Business Activities

Michael is a general partner in a family limited partnership (Ragme, LTD) and a partner in a land investment. He also serves as a board member for The Barnabas Group and chairman of the board for Second Wind, and is an advisory board member for National Christian Foundation Houston. Finally, Michael runs an accounting firm tax and consulting practice full-time.

Employment History
Current Registrations
Arkos Global Advisors, LLC
May 2017 - Present · 8 yrs 8 mos
Previous Registrations
Securities Service Network, INC.Broker
September 2007 - February 2017 · 9 yrs 5 mos
Uhy Capital Advisors, LLC
October 2003 - September 2015 · 11 yrs 11 mos
Wealth Advisors, INC.
April 2002 - November 2006 · 4 yrs 7 mos
Genworth Financial Advisers Corporation
May 2001 - September 2007 · 6 yrs 4 mos
Genworth Financial Securities CorporationBroker
March 2001 - September 2007 · 6 yrs 6 mos
1st Global Capital CORP.Broker
May 1997 - March 2001 · 3 yrs 10 mos
State Registrations1 state
TX
Advisor
Exams
No exam information available for this advisor.
Michael Harvey Richter - Financial Advisor | AdvisorDiscover