James Karnes is a PFS-designated registered investment advisor at Texas Asset Management, based in Lakeway, TX, with 24 years of industry experience. James operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, High Net Worth, Insurance Planning, Investment Management, and 2 more. Their firm serves 50 clients with $65M 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 | 1.00% |
| $1.0M - $3.0M | 0.70% |
| $3.0M - $5.0M | 0.45% |
| $5.0M - $8.0M | 0.35% |
| $8M+ | 0.25% |
Fees are negotiable in certain circumstances. Family accounts are aggregated for fee calculation.
Fee Estimator
Location
1200 Lakeway Drive, Suite 20, Lakeway, TX, 78734
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 →Other Business Activities
James works as a CPA for Brodnax & Karnes, P.C., an accounting firm. This activity is not investment-related and shares the same address as TAM.
Employment History
Current Registrations
Texas Asset Management
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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