11 Financial
Assets Under Management
$24.0M
Number of Clients
110
Number of Advisors
6
Average Client AUM
$218K
AUM per Advisor
$4.0M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
11 Financial provides ongoing portfolio management services tailored to individual client goals and risk tolerance. They offer financial planning services covering investment planning, insurance, tax concerns, retirement, college, and debt/credit planning. They may recommend third-party investment advisers like Betterment LLC. The firm primarily advises on mutual funds, fixed income securities, insurance products, equities, and ETFs.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $1000K | 2.00% |
| $1.0M - $2.5M | 1.75% |
| $2.5M - $5.0M | 1.50% |
| $5.0M - $7.5M | 1.25% |
| $7.5M - $10.0M | 1.00% |
| $10.0M - $25.0M | 0.75% |
| $25M+ | 0.50% |
Fees are generally negotiable.
Fee Estimator
11 Financial charges asset-based fees for portfolio management, as detailed in the fee table. These fees are negotiable. Financial planning services are billed at $250 per hour, also negotiable. Fixed fees for creating financial plans range from $50 to $5,000, charged in advance. Clients are responsible for third-party fees like custodian and brokerage fees. There is no minimum account size.
Areas of Practice
Location
504 S First St., Lufkin, TX, 75901