Waterway Wealth Management, L.L.C.
Assets Under Management
$552.8M
Number of Clients
194
Number of Advisors
5
Average Client AUM
$2.8M
AUM per Advisor
$110.6M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Waterway Wealth Management offers investment advisory services, including comprehensive wealth management and financial planning. The firm manages assets for families, individuals, pension and profit-sharing plans, trusts, and estates. Services include determining investment goals, evaluating assets, and developing asset allocations.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $3.0M | 1.00% |
| $3.0M - $5.0M | 0.90% |
| $5.0M - $10.0M | 0.80% |
| $10M+ | 0.50% |
Fees are negotiable and may be adjusted by WWM based on the complexity of each client’s individual situation.
Fee Estimator
The firm charges a tiered annual wrap program fee based on assets under management. For example, a $4 million portfolio would be charged $39,000 annually. Fees are negotiable and may be adjusted based on the complexity of the client's situation. The firm prefers an initial minimum investment of $3,000,000, but reserves the right to waive or lower this minimum. Comprehensive Wealth Management fees are determined on a proposal basis.
Areas of Practice
Location
21 Waterway, Suite 500, The Woodlands, TX, 77380