Dwane Bacak is a CFA-designated registered investment advisor at Oak Harvest Investment Services, based in Houston, TX, with 17 years of industry experience. Dwane operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Charitable Giving, Divorce Planning, Education Planning, Estate Planning, and 7 more. Their firm serves 978 clients with $1.1B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Oak Harvest Investment Services charges an annual fee based on the total value of your investment portfolio, billed quarterly in arrears. The fee rate decreases as your investment amount increases:
- $0 to $999,999 — 1.37% per year
- $1,000,000 to $1,499,999 — 1.22% per year
- $1,500,000 to $1,999,999 — 1.12% per year
- $2,000,000 to $2,999,999 — 1.07% per year
- $3,000,000 to $3,999,999 — 0.97% per year
- $4,000,000 to $4,999,999 — 0.89% per year
- $5,000,000 to $9,999,999 — 0.81% per year
- $10,000,000 to $24,999,999 — 0.75% per year
- $25,000,000 and over — 0.62% per year
This investment management fee is inclusive of financial planning and consulting services. Additionally, portfolio management clients pay a technology service fee of $50 per year for each custodial account.
Location
920 Memorial City Way, Suite 150, Houston, TX, 77024
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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.
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Dwane is the Chief Financial Officer at Cement Crafters LLC, advising a furniture manufacturing company started by his wife and son. He dedicates a few hours per week to this activity outside of trading hours.
Employment History
Current Registrations
Oak Harvest Investment Services
Previous Registrations
Invesco Capital Markets, INC.Broker
Invesco Distributors, INC.Broker
A I M Distributors, INC.Broker
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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