Sendero Wealth Management, LLC
Assets Under Management
$5.8B
Number of Clients
344
Number of Advisors
19
Average Client AUM
$16.9M
AUM per Advisor
$306.5M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Sendero Wealth Management is a partner-led firm offering expertise in managing complex, multi-generational family needs. Services include public and private investments, risk management, family office management, and legacy training. They focus on clients with $3MM or more in investable assets and offer customized investment strategies.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $1.0M | 1.50% |
| $1.0M - $3.0M | 1.25% |
| $3.0M - $4.0M | 1.00% |
| $4M+ | 1.00% |
Clients have a minimum fee of $30,000 per annum, which is waived for accounts with managed assets below $3,000,000. For accounts over $3,000,000, clients continue to be billed using a tiered schedule with a maximum rate of 1.0% on the first $4,000,000, with lower rates on higher tiers when a tiered fee schedule is utilized, except in extenuating circumstances.
Fee Estimator
Clients with managed assets under $1,000,000 are billed at 1.50% annually, and clients with between $1,000,000 and $3,000,000 of managed assets are billed at 1.25% annually. For accounts over $3,000,000, clients are billed using a tiered schedule with a maximum rate of 1.0% on the first $4,000,000, with lower rates on higher tiers. Unless modified by Sendero, clients have a minimum fee of $30,000 per annum, which is waived for accounts with managed assets below $3,000,000. Some clients have different fee schedules or structures, and some are not charged on cash or hold assets not included in the fee calculation.
Areas of Practice
Location
250 W. Nottingham, Suite 300, San Antonio, TX, 78209