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 $250K | 1.75% |
| $250K - $500K | 1.55% |
| $500K - $750K | 1.45% |
| $750K - $1.0M | 1.35% |
| $1.0M - $2.0M | 1.25% |
| $2.0M - $3.0M | 1.05% |
| $3.0M - $4.0M | 0.95% |
| $4.0M - $5.0M | 0.85% |
| $5M+ | 0.75% |
The management fee is “linear” meaning the applicable rate will be applied to the household custodian reported value for each level back to the first dollar.
Fee Estimator
For portfolio management, you'll pay an annual fee based on the value of your managed assets (see the table for specific rates). This fee is calculated monthly, in advance. Pension consulting services are also offered, with fees based on a percentage of assets. Financial planning consulting is available at an hourly rate of $175, which is negotiable. A $15 annual fee is charged for database maintenance for certain accounts not directly managed by the firm.
Areas of Practice
Advisor Information
Office location
1201 N. Logan St., Suite 100, Texas City, TX, 77590
Get directionsRegulatory History (1)
Criminal
September 1983Other Business ActivitiesSells Insurance
Steven is a partner in Four Fins LLC (real estate) since 2008 and involved with Coward Creek Crossing Homeowners Association (real estate) since 2008. He is also an agent for Lifestyle Financial Advisors, Inc. and an IAR for Lifestyle Asset Management Inc. since 2018. Steven is also a partner and co-manager of 42 Options, LLC, a recreational fishing camp for personal use, dedicating about 10-20% of his time.