Austin Asset is a registered investment advisor based in Austin, Texas, that has been in business since 1986. The firm acts in your best interest and provides wealth management and wealth planning services. Through wealth management, Austin Asset designs personalized investment portfolios and manages them without needing your approval for every trade. The firm focuses on global asset allocation using institutional mutual funds, aiming to capture long-term market returns while managing risk through diversification. Wealth planning involves evaluating your current and future financial state to project future cash flows and address areas like personal finance, taxes, cash flow, investments, insurance, retirement, death and disability, and estate planning. Austin Asset serves high net worth individuals, regular individuals, pension and profit-sharing plans, charitable organizations, and corporations. The firm does not charge performance-based fees and operates independently, recommending custodians such as Charles Schwab and Fidelity for client accounts.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $7.5M | 0.65% |
| $7.5M - $15.0M | 0.40% |
| $15.0M - $25.0M | 0.30% |
| $25M+ | 0.25% |
Fees include a flat $5,000 fee plus a percentage of assets under management. Fees are calculated on a cumulative basis. Minimum annual fee is $5,000. Fees may be negotiable.
