Rex Russell
Rex Russell is a registered investment advisor at Ausdal Financial Partners, INC., based in Cleburne, TX, with 35 years of industry experience. Their practice areas include Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 10,402 clients with $2.1B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Ausdal Financial Partners offers several investment management programs. Fees vary depending on the program and custodian.
Advisor Managed Account (AMP): Fees are negotiated with your advisor, with a maximum annual fee of 3%. Wrap accounts include all transaction costs, while non-wrap accounts charge separately for advisory services and transactions.
Third Party Managed Accounts (SMA/UMA): Fees consist of an Investment Advisor Representative Fee, a Platform Fee (0.11% to 0.28%), and a Manager Fee (0% to 0.80%).
Retirement Plan Advisory Program: Maximum annual fee of 3%. Fees can be a fixed percentage or tiered based on account assets.
Held Away Accounts (Pontera): Maximum advisory fee of 1.5% of account assets. Fees must be deducted from an alternate advisory account or billed directly to the client.
Location
115 South Main Street, Suite 201, Cleburne, TX, 76033
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Rex is an insurance agent offering fixed annuities, life, and long-term care insurance, spending about 10-20% of his time on this. He also owns Russell Creative Group, a marketing and creative design business for financial advisors, and is the author of "The Butterfly Effect", dedicating a few hours per week to it.
Employment History
Current Registrations
Ausdal Financial Partners, INC.Broker
Ausdal Financial Partners, INC.
Ausdal Financial Partners, INC.
Previous Registrations
Moloney Securities Asset Management LLC
Moloney Investment Advisory LLC
Moloney Securities CO., INC.Broker
Moloney Securities CO., INC.
Ptx Securities, LLCBroker
Questar Asset Management, INC.
Questar Capital CorporationBroker
Usallianz Securities, INC.
Usallianz Securities, INC.Broker
World Choice Securities, INC.
World Choice Securities, INC.Broker
Signal Securities, INC.Broker
North American Management, INC.Broker
Aizen, Pedraza, Gilmore & Associates, INC.Broker
First America Equities CORP.Broker
First American National Securities, INC.Broker
State Registrations6 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.