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 $500K | 1.50% |
| $500K - $1.0M | 1.25% |
| $1.0M - $3.0M | 1.00% |
| $3.0M - $5.0M | 0.90% |
| $5M+ | 0.75% |
Fees are negotiable and can be adjusted based on the complexity of each client’s individual situation. Assets are aggregated by family.
Fee Estimator
Financial planning fees range from $2,500 to $10,000, determined by complexity, with half due upfront and half upon completion. Hourly consultation fees range from $100 to $300. Investment management fees are based on assets under management (see table). Subadvisory fees with DFA are 0.29% annually, billed quarterly, with a minimum annual fee as if there is $500,000 in account assets. HWM prefers a minimum investment of $1,000,000, but reserves the right to waive or lower it.
Areas of Practice
Advisor Information
Office location
4400 Post Oak Parkway, Suite 2510, Houston, TX, 77027
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
Robert is the sole owner of Groaning Bear, LLC, a home-based rental real estate business, since 2020. He spends minimal time on this activity.