John Wright
John Wright is a CFA-designated registered investment advisor at Stellar Assets L.L.C., based in Memphis, TN, with 6 years of industry experience. John 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 17 clients with $5M 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 $100K | 1.00% |
| $100K - $500K | 1.00% |
| $500K - $2.0M | 1.00% |
| $2.0M - $10.0M | 1.00% |
| $10M+ | 0.75% |
In addition to portfolio management fees, a limited number of qualified clients will also pay a 20% performance fee based on capital appreciation above an agreed upon benchmark (typically the S&P500). For non-Qualified clients who wish option trading to be performed in their account(s), no Performance fee can be charged. Instead, these clients will be charged an additional management fee, according to the following schedule: 0% to 33%: 1%, 33% to 67%: 2%, Over 67%: 3%. Mutual Fund Assignment fee is 0.75% annually.
Fee Estimator
Location
1028 Cresthaven Road, Suite 200, Memphis, TN, 38119
Get directionsHistory
Regulatory History (1)
Regulatory
November 2023Other Business ActivitiesSells Insurance
John owns Stellar Assets, an asset allocation business, and Brazilian Bake Shop, a chocolate and brownie treat business; each takes about half of his time. John is also licensed to sell life insurance in Tennessee, but is not actively engaged in this business.
Employment History
Current Registrations
Stellar Assets L.L.C.
Previous Registrations
Client One Securities LLC
State Registrations2 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.