Mark Groom is a registered investment advisor at The Viable Group, INC., based in Lubbock, TX, with 10 years of industry experience. Mark 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 305 clients with $60M 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 $2.5M | 1.00% |
| $2.5M - $5.0M | 0.75% |
| $5M+ | 0.75% |
Fees may be negotiable. Accounts within the same household may be combined for a reduced fee.
Fee Estimator
Location
10210 Frankford Ave, Suite 220, Lubbock, TX, 79424
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 ActivitiesSells Insurance
Mark is the owner and insurance agent for Groom Financial Services since 2006, and an insurance agent for M&M Wealth Management/Lonestar Wealth Management since 2020. Both activities involve insurance sales and take about a third of Mark's time combined.
Employment History
Current Registrations
The Viable Group, INC.
Lonestar Registered Investment Advisors, LLC
State Registrations6 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.
Exams
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