RP
RP

Raquel Padilla

16 Years of Experience
Midland, TX

Raquel Padilla is a registered investment advisor at Eight 31 Financial, LLC, based in Midland, TX, with 16 years of industry experience. Raquel operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include High Net Worth, Investment Management. Their firm serves 70 clients with $490M in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
4 advisors
Number of Clients
70 clients
Average Client Portfolio
$7.1M average
Assets Under Management
$494.3M

Fee Structure

Minimum Investment:$1M
Investment management only (planning not offered)
Minimum Annual Fee:$2,500
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $5.0M2.00%
$5.0M - $10.0M1.65%
$10.0M - $25.0M1.40%
$25.0M - $25.0M1.25%
$25M+1.25%

Fees are negotiable for accounts valued in excess of $25,000,000.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

3200 Mockingbird Lane, Building 7, Suite 204, Midland, TX, 79705

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History

Regulatory History
Clean regulatory record

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.

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Employment History
Current Registrations
Eight 31 Financial, LLC
March 2024 - Present · 2 yrs 2 mos
Previous Registrations
Syntal Capital Partners, LLC
November 2015 - September 2023 · 7 yrs 10 mos
Purshe Kaplan Sterling InvestmentsBroker
September 2015 - July 2021 · 5 yrs 10 mos
Purshe Kaplan Sterling InvestmentsBroker
May 2012 - October 2013 · 1 yr 5 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
January 2008 - May 2012 · 4 yrs 4 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
April 2007 - May 2012 · 5 yrs 1 mo
State Registrations1 state
TX
Advisor

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.
Raquel Padilla - Financial Advisor | TrueAdvisor