Glass Wealth Management Co., LLC
Assets Under Management
$251.6M
Number of Clients
340
Number of Advisors
4
Average Client AUM
$740K
AUM per Advisor
$62.9M
Compensation
Fee-Only (AUM)
About This Firm
Glass Wealth Management Co., LLC, founded in 1988, is a registered investment advisor based in San Antonio, Texas. The firm offers discretionary and non-discretionary asset management, delivering customized investment advisory services based on individual client needs. For families with over $5 million, they offer GWM Total Asset Management, including consulting services and analysis of external investments.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $5.0M | 0.60% |
| $5.0M - $25.0M | 0.50% |
| $25M+ | 0.50% |
Fees negotiable on amounts in excess of $25 million.
Fee Estimator
You'll pay an annual fee based on the market value of your portfolio. For equities, the fee is 1.00% on the first $1 million, 0.60% on the next $4 million, and 0.50% on the next $20 million. Fees are negotiable on amounts in excess of $25 million. For fixed income, mutual funds, and ETFs, the fee is 0.35% on the first $5 million and 0.25% on amounts over $5 million. There is a one-time charge of $1.00 per $1,000.00 for the purchase of CDs. Accounts under the Total Asset Management Service are charged an additional 0.25%. Advisor may serve as a consultant to Client in which case fees are negotiated on a case-by-case basis. Advisor may be engaged to track non-discretionary or unmanaged accounts for performance reporting purposes, a service which carries a fee of up to 0.1% on the non-discretionary assets. Any employee or employee related account(s) in excess of $100,000 in assets will be subject to an Investment Management Agreement and charged a fee of up to 0.1%.
Areas of Practice
Location
1020 NE Loop 410, Suite 802, San Antonio, TX, 78209-1544