Mahesh Desai
Mahesh Desai is a CFA, CFP-designated registered investment advisor at Osaic Wealth, INC., based in Bellaire, TX, with 31 years of industry experience. Mahesh operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Investment Management, and 1 more. Their firm serves 574,829 clients with $200B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Osaic Wealth offers investment management through several platforms, including Advisor Managed Portfolios, Unified Managed Accounts, and Signator Managed Account Platform. Fees are negotiable and based on a percentage of the assets in your account. The fees cover advisory services, custodial services, and in some cases, transaction costs. Mutual funds and ETFs within these accounts have their own internal fees. Some programs have wrap accounts where all costs are bundled into one fee.
Location
5555 West Loop South, Suite 535, Bellaire, TX, 77401
Get directionsHistory
Regulatory History (1)
Employment Separation After Allegations
December 2012Other Business ActivitiesSells Insurance
Mahesh owns a sole proprietorship and manages/supervises office staff, dedicating about 10-20% of his time. He also markets fixed and health insurance through various carriers, spending minimal time on this activity, and volunteers with CFA Society Houston.
Employment History
Current Registrations
Osaic Wealth, INC.Broker
Osaic Wealth, INC.
Previous Registrations
Sagepoint Financial, INC.
Sagepoint Financial, INC.Broker
Metlife Securities INC.
Metlife Securities INC.Broker
Metropolitan Life Insurance CompanyBroker
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.