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CFP

Walter Virden

Momentum Independent Network INC.
26 Years of Experience
Arlington, TX
1 DisclosureBroker
View SEC Summary
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Walter Virden is a CFP-designated registered investment advisor at Momentum Independent Network INC., based in Arlington, TX, with 26 years of industry experience. Walter is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Alternative Investments, Annuities, Estate Planning, Investment Management, and 2 more. Their firm serves 2,879 clients with $1.6B in assets under management.

Momentum Independent Network INC.
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
129 advisors
Number of Clients
2,879 clients
Average Client Portfolio
$559K average
Assets Under Management
$1.6B

Fee Structure

Minimum Investment:$30K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $250K2.25%
$250K - $500K2.00%
$500K - $1.0M1.75%
$1M+1.50%

Rates reflect the maximum annualized fee schedule for individual securities accounts across primary advisory programs. Other programs and asset classes (such as mutual fund only accounts or fixed income portfolios) feature different maximum fee schedules ranging down to 0.90%. Fees are negotiable.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

1205 S. Bowen, Arlington, TX, 76013

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
March 2014
Closed-No Action
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Walter is a partner in LNTS, LP (parking lot rental), Virden Chapman & Virden, PLLC (CPA firm, taking nearly full-time), and Bowen Creekside (rental real estate). He also serves as a member of NEDRIV MGT LLC, a board member at Saint Mark's Church, and on the Diocesan Finance Committee for the Episcopal Diocese of Fort Worth.

Employment History
Current Registrations
Momentum Independent Network INC.
November 2001 - Present · 24 yrs 11 mos
Momentum Independent Network INC.
November 2001 - Present · 24 yrs 11 mos
Momentum Independent Network INC.Broker
November 2001 - Present · 24 yrs 11 mos
Previous Registrations
1st Global Capital CORP.Broker
February 2000 - November 2001 · 1 yr 9 mos
State Registrations12 states
CAFLILMSNCNMNVNYORTNTXWI
AdvisorBrokerBoth

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.
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