WT
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Walter Theobald
40 Years of Experience
Porter, TX
1 DisclosureBroker
Walter Theobald is a registered investment advisor at Sovereign Wealth Advisors LLC, based in Porter, TX, with 40 years of industry experience. Walter operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Charitable Giving, Education Planning, Estate Planning, Financial Planning & Coaching, and 3 more. Their firm serves 1,392 clients with $610M in assets under management.
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
30 advisors
Number of Clients
1,392 clients
Average Client Portfolio
$436K average
Assets Under Management
$607.0M
Fee Structure
Minimum Investment:$10K
Investment management only (planning not offered)
Sovereign Wealth Advisors offers investment management through several programs. The fees vary depending on the program:
- Wrap Comprehensive and Comprehensive Portfolio Management: Maximum fee of 3.0% and 2.8% respectively.
- Optimum Market Portfolios Program (OMP) – LPL: 2.50%
- Personal Wealth Portfolios Program (PWP) – LPL: 2.50%
- Model Wealth Portfolios Program (MWP) – LPL: 2.50%
- Manager Access Select Program (MAS) – LPL: 3.00%
- Guided Wealth Portfolios (GWP) – LPL: 1.35%
- 55IP – Charles Schwab: 2.00%
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Location
23021 Volga Drive, Porter, TX, 77365
Get directionsHistory
Regulatory History (1)
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Customer Dispute
March 2023Denied
Employment History
Current Registrations
Sovereign Wealth Advisors LLC
June 2025 - Present · 1 yr 3 mos
LPL Financial LLCBroker
June 2025 - Present · 1 yr 3 mos
Previous Registrations
LPL Financial LLC
June 2025 - June 2025 · 0 mos
RBC Capital Markets, LLC
August 2017 - November 2024 · 7 yrs 3 mos
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April 2001 - July 2006 · 5 yrs 3 mos
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February 1996 - May 2001 · 5 yrs 3 mos
Masterson Moreland Sauer Whisman, INC.Broker
December 1993 - February 1996 · 2 yrs 2 mos
Smith Barney Shearson INC.Broker
July 1993 - December 1993 · 5 mos
Lehman Brothers INC.Broker
November 1991 - July 1993 · 1 yr 8 mos
Kemper Securities Group, INC.Broker
September 1990 - November 1991 · 1 yr 2 mos
Lovett Underwood Neuhaus & Webb, INC.Broker
November 1989 - September 1990 · 10 mos
Underwood, Neuhaus & CO., IncorporatedBroker
December 1985 - November 1989 · 3 yrs 11 mos
Swink & Company, INC.Broker
May 1984 - January 1985 · 8 mos
Park, Ryan, INC.Broker
April 1984 - May 1984 · 1 mo
State Registrations7 states
ARCAFLNMTNTXWA
AdvisorBrokerBoth
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Exams
No exam information available for this advisor.