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Michael Richter

28 Years of Experience
1 Disclosure

Michael Richter is a registered investment advisor at Arkos Global Advisors, LLC, based in Houston, TX, with 28 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Charitable Giving, Estate Planning, Financial Planning & Coaching, Insurance Planning, and 3 more. Their firm serves 418 clients with $1.1B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
11 advisors
Number of Clients
418 clients
Average Client Portfolio
$2.7M average
Assets Under Management
$1.1B

Fee Structure

Minimum Investment:$200K
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $1.0M2.00%
$1.0M - $2.0M1.50%
$2.0M - $5.0M1.00%
$5M+1.00%

Fees above $5,000,000 are negotiable.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

4400 Post Oak Pkwy, Ste. 1950, Houston, TX, 77027

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History

Regulatory History (1)
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Regulatory
November 1998
Final
Other Business Activities

Michael is a general partner in a family limited partnership (Ragme, LTD) and a partner in a land investment. He also serves as a board member for The Barnabas Group and chairman of the board for Second Wind, and is an advisory board member for National Christian Foundation Houston. Finally, Michael runs an accounting firm tax and consulting practice full-time.

Employment History
Current Registrations
Arkos Global Advisors, LLC
May 2017 - Present · 8 yrs 11 mos
Previous Registrations
Securities Service Network, INC.Broker
September 2007 - February 2017 · 9 yrs 5 mos
Uhy Capital Advisors, LLC
October 2003 - September 2015 · 11 yrs 11 mos
Wealth Advisors, INC.
April 2002 - November 2006 · 4 yrs 7 mos
Genworth Financial Advisers Corporation
May 2001 - September 2007 · 6 yrs 4 mos
Genworth Financial Securities CorporationBroker
March 2001 - September 2007 · 6 yrs 6 mos
1st Global Capital CORP.Broker
May 1997 - March 2001 · 3 yrs 10 mos
State Registrations1 state
TX
Advisor

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
No exam information available for this advisor.
Michael Richter - Financial Advisor | TrueAdvisor