Firm Information
Compensation
Number of Advisors
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Amicus Financial Advisors charges fees for financial planning and investment advisory services, which may be fixed, hourly ($250/hour), or asset-based. The maximum annual advisory fee is 1.5%. Fees are negotiable in limited circumstances. Asset management fees are calculated monthly based on the value of assets under management. Clients may pay fees directly or authorize Amicus to bill the custodian. Insurance products may be offered, generating commissions for advisors, which are disclosed to clients.
Areas of Practice
Advisor Information
Office location
3300 North A Street, Building One, Suite 108, Midland, TX, 79705
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 ActivitiesSells Insurance
Derek is a business administrator at Fannin Terrace Baptist Church (about a quarter of his time), an independent insurance agent for various companies (minimal time), and an advisory representative of a RIA (full-time). He also offers tax preparation and small business advisory services through Derek Robinett PLLC (full-time), serves as Vice-President of Midland-Odessa Business Estate Council (minimal time), is a partner at Morris, Holmquest & Tidwell (a few hours per week), and owns Basin Business Brokers (a few hours per week).