John Shao is a CFA-designated registered investment advisor at Summitas Investment Management LLC, based in Mckinney, TX, with 28 years of industry experience. John 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 41 clients with $160M 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 | 1.25% |
| $3.0M - $6.0M | 1.00% |
| $6M+ | 0.75% |
Rates shown are for United States-based clients. Non-United States-based clients have a separate schedule starting at 1.80% for up to $1,000,000 and scaling down to 0.90% for over $6,000,000. Fees are negotiable at the discretion of Summitas Investment Management.
Fee Estimator
Location
Mckinney, TX
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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
John is dually-registered as an investment advisor representative with Summitas Investment Management LLC and Eudaimonia Partners, LLC on a temporary and transitional basis.
Employment History
Current Registrations
Summitas Investment Management LLC
Previous Registrations
Eudaimonia Partners, LLC
John Shao Portfolio Management, INC.
State Registrations1 state
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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