Beacon Financial Advisors is a registered investment advisor based in Houston, Texas, providing investment management and financial planning services primarily to individuals, families, trusts, and estates. Founded in 1993, Beacon Financial Advisors focuses on building personalized portfolios using strategic asset allocation primarily implemented through mutual funds. When clients engage Beacon Financial Advisors for investment management, financial planning services—such as cash flow management, tax planning, retirement planning, insurance reviews, education funding, and estate planning—are included as part of the relationship. Beacon Financial Advisors does not offer standalone financial planning independent of investment management. The firm primarily operates on a discretionary basis, meaning Beacon Financial Advisors has the authority to make trades on your behalf based on an agreed-upon investment policy statement, though non-discretionary options are also available for specific client needs. Beacon Financial Advisors emphasizes long-term client relationships and utilizes Charles Schwab & Co. as its primary qualified custodian for holding client assets.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $2.0M | 0.75% |
| $2M+ | 0.50% |
Rates apply to discretionary accounts. Non-discretionary accounts are charged a flat rate of 0.35%. Minimum annual fee of $5,000 applies. Fees are negotiable.