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Donald Blake

Momentum Independent Network INC.
48 Years of Experience
Katy, TX
2 DisclosuresBroker
View SEC Summary
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Donald Blake is a registered investment advisor at Momentum Independent Network INC., based in Katy, TX, with 48 years of industry experience. Donald is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Alternative Investments, Annuities, Estate Planning, Investment Management, and 2 more. Their firm serves 2,879 clients with $1.6B in assets under management.

Momentum Independent Network INC.
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
131 advisors
Number of Clients
2,879 clients
Average Client Portfolio
$559K average
Assets Under Management
$1.6B

Fee Structure

Minimum Investment:$30K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $250K2.25%
$250K - $500K2.00%
$500K - $1.0M1.75%
$1M+1.50%

Rates reflect the maximum annualized fee schedule for individual securities accounts across primary advisory programs. Other programs and asset classes (such as mutual fund only accounts or fixed income portfolios) feature different maximum fee schedules ranging down to 0.90%. Fees are negotiable.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

Katy, TX

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History

Regulatory History (2)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Judgment / Lien
June 2013
Customer Dispute
January 2006
Settled
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Donald serves as a board member and assistant treasurer for the Harris County Hospital District Foundation, a charity in Houston, TX. He dedicates a few hours per week to this role and receives no compensation.

Employment History
Current Registrations
Momentum Independent Network INC.Broker
October 2010 - Present · 16 yrs
Momentum Independent Network INC.
October 2010 - Present · 16 yrs
Previous Registrations
Southwest Securities, INC.
December 2006 - October 2010 · 3 yrs 10 mos
Southwest Securities, INC.Broker
December 2006 - October 2010 · 3 yrs 10 mos
Wachovia Securities, LLC
August 2001 - December 2006 · 5 yrs 4 mos
Wachovia Securities, LLCBroker
July 2001 - December 2006 · 5 yrs 5 mos
UBS Painewebber INC.Broker
February 1995 - July 2001 · 6 yrs 5 mos
Rauscher Pierce Refsnes, INC.Broker
January 1987 - February 1995 · 8 yrs 1 mo
Donaldson, Lufkin & Jenrette Securities CorporationBroker
May 1984 - January 1987 · 2 yrs 8 mos
Lehman Brothers Kuhn Loeb IncorporatedBroker
May 1982 - May 1984 · 2 yrs
Rotan Mosle INC.Broker
June 1980 - May 1982 · 1 yr 11 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
September 1978 - June 1980 · 1 yr 9 mos
Merrill Lynch, Pierce, Fenner & Smith, INC.Broker
February 1978 - September 1978 · 7 mos
State Registrations4 states
FLKYSCTX
AdvisorBrokerBoth

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.
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