Austin Asset
Assets Under Management
$1.7B
Number of Clients
450
Number of Advisors
13
Average Client AUM
$3.7M
AUM per Advisor
$128.2M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Austin Asset is a registered investment adviser offering wealth management and planning services. They create personalized investment policy statements based on client needs and manage portfolios accordingly. Wealth planning services include evaluation of current and future financial states, tax planning, investment analysis, insurance review, retirement planning, and estate planning.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $7.5M | 0.65% |
| $7.5M - $15.0M | 0.40% |
| $15.0M - $25.0M | 0.30% |
| $25M+ | 0.25% |
Fees are calculated on a cumulative basis. The minimum annual fee is $5,000. The firm retains the discretion to negotiate alternative fees on a limited client-by-client basis.
Fee Estimator
Wealth management fees are calculated as a flat fee of $5,000 plus a percentage of assets under management (AUM). The percentage decreases as AUM increases. The minimum annual fee is $5,000. Fees are calculated quarterly in advance. Clients with contracts prior to May 1, 2019, will remain on their existing fee schedule until they are changed to the current fee schedule by their written authorization. The firm retains the discretion to negotiate alternative fees on a limited client-by-client basis.
Areas of Practice
Location
7200 N. Mopac, Suite 315, Austin, TX, 78731
