Richard Davies is a registered investment advisor at Sendero Wealth Management, LLC, based in San Antonio, TX, with 15 years of industry experience. Richard operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Alternative Investments, Estate Planning, High Net Worth, Investment Management, and 2 more. Their firm serves 369 clients with $6.5B 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 - $4.0M | 1.00% |
| $4M+ | 1.00% |
Accounts over $3 million use a tiered schedule with a maximum rate of 1.0% on the first $4 million and lower rates on higher tiers. Minimum annual fee of $30,000 applies unless modified, but is waived for accounts below $3 million.
Fee Estimator
Location
250 W. Nottingham, Suite 300, San Antonio, TX, 78209
Get directionsHistory
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 →Employment History
Current Registrations
Sendero Wealth Management, LLC
Previous Registrations
Waddell & Reed, 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
More Advisors
- Lee Przybyla, CFPSendero Wealth Management, LLC
- Elizabeth Chilton, CFASendero Wealth Management, LLC
- Edwin Kreusel, CFASendero Wealth Management, LLC
- Thomas Yager, ChFCSendero Wealth Management, LLC
- Jason Thomas, CFPJt Wealth Management
- January Smith, CFPJanus Financial Planning, LLC