Spencer Mcgowan
Spencer Mcgowan is a registered investment advisor at Mcgowan Group Asset Management, INC., based in Dallas, TX, with 25 years of industry experience. Spencer operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include High Net Worth, Investment Management, Retirement Planning. Their firm serves 4,773 clients with $1.1B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.50% |
| $1.0M - $3.0M | 0.99% |
| $3.0M - $10.0M | 0.88% |
| $10M+ | 0.83% |
Base annualized advisory fees range from 0.59% to 1.50% before consolidation breakpoints. Rates drop for assets exceeding $1M (0.99%), $3M (0.88%), and $10M (0.83%).
Fee Estimator
Location
200 Crescent Court, #657, Dallas, TX, 75201
Get directionsHistory
Regulatory History (2)
Customer Dispute
November 2013Customer Dispute
March 2008Other Business Activities
Spencer is the president and primary shareholder of McGowan Publishing Company, Inc., which owns the International Bond Exchange website and NetworthRadio. He is also the president of McGowan Group Asset Management, an unaffiliated SEC registered RIA.
Employment History
Current Registrations
Mcgowan Group Asset Management, INC.
Previous Registrations
Wells Fargo Advisors Financial Network, LLC
Wells Fargo Advisors, LLC
State Registrations2 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.
Exams
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