Advocates Wealth Planning
Assets Under Management
$374.5M
Number of Clients
175
Number of Advisors
4
Average Client AUM
$2.1M
AUM per Advisor
$93.6M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Advocates Wealth Planning offers financial planning and discretionary investment management. Financial planning services include cash flow analysis, retirement planning, tax planning, and estate planning. Investment management utilizes a diversified, global portfolio approach with mutual funds and ETFs, tailored to client needs and risk tolerance.
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
Location
920 Memorial City Way, Suite 250, Houston, TX, 77024