Eric Houssels is a CFA-designated registered investment advisor at Houssels Capital Management, LLC, based in Las Vegas, NV, with 25 years of industry experience. Eric operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 14 clients with $51M 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 $500K | 0.80% |
| $500K - $1.0M | 0.80% |
| $1M+ | 0.80% |
The percentage of assets under management fee schedule was reduced to a maximum rate of 0.80% starting in 2019. Fees are negotiable for assets over $1,000,000. The firm may charge performance based fees for certain "qualified clients," that have at least $1,100,000 under management or that have certified to the firm that they have a net worth of at least $2,200,000. The performance based fee is 20% of the profits above a threshold level.
Fee Estimator
Location
2820 W. Charleston Blvd., Ste. 20, Las Vegas, NV, 89102
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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 Activities
Eric is involved in several investment-related activities, including 6HCO, LLC (real estate holding), MH Partners I, LP (personal investment holding), Independence Capital, LLC (personal investment holding), and Houssels Family, LP (chief investment officer). He also serves as a founding investor and board member for Lexicon Bank, dedicating a few hours per week.
Employment History
Current Registrations
Houssels Capital Management, LLC
Previous Registrations
Wealth Management Associates, LLC
State Registrations1 state
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