Donald Sanders is a registered investment advisor at Sanders Morris LLC, based in Houston, TX, with 55 years of industry experience. Donald operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, High Net Worth, and 4 more. Their firm serves 613 clients with $990M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Sanders Morris offers investment management through various wrap fee programs. The fees vary depending on the program selected. The fees cover investment advice, selection, and allocation. The total program fee includes advisor fees and administrative fees. The advisor fee is negotiable, while the administrative fee is not. The total program fee is payable quarterly. The fee is based on the market value of the securities held in the account. The fee calculation follows a blended schedule. Lower fees may be available in other programs or from other sources. The fees do not include mutual fund or ETF expenses, margin interest, or other fees.
Location
600 Travis, Suite 5900, Houston, TX, 77002
Get directionsHistory
Regulatory History (6)
Customer Dispute
September 2017Customer Dispute
April 2015Customer Dispute
February 2010Customer Dispute
March 1991Customer Dispute
September 1989Customer Dispute
April 1989Other Business Activities
Donald is involved in several outside business activities, including being a general partner of Ryan Sanders Baseball LP, a board member for Houston Texans Bowl Backers and Houston Police Officers Pension System, owner of an art collection, managing member of SMH Investments I, LLC and SMW Investments LLC, and owner of Don Sanders Chocolates. These activities take up a varying amount of Donald's time, from minimal to about 10-20% of his time.
Employment History
Current Registrations
Sanders Morris LLC
Sanders Morris LLCBroker
Previous Registrations
Sof Management, LLC
E. F. Hutton & Company INCBroker
State Registrations48 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.