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 | 1.20% |
| $500K - $1.0M | 0.90% |
| $1.0M - $2.0M | 0.70% |
| $2.0M - $5.0M | 0.50% |
| $5.0M - $10.0M | 0.40% |
| $10M+ | 0.40% |
Fees negotiable for accounts over $10,000,000.
Fee Estimator
We charge a fee based on the amount of assets we manage for you, using incremental rates. For example, the first $500,000 is billed at 1.20%. The minimum annual fee is $5,000, which is the equivalent of $416,666.67 in assets under management. Fees are billed quarterly in advance. The fee on cash in managed accounts may exceed the money market yield. Fees are negotiable for accounts over $10,000,000.
Areas of Practice
Advisor Information
Office location
920 Memorial City Way, Suite 250, 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.
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Steven is the owner of Chuck Bates Consulting, a business consulting firm, since 2020, but devotes no time to it. He is also a 1099 employee as a College Funding Expert for College Aid Pro, spending a few hours per week on higher education consulting.