Goodman Financial Corporation is an independent investment management firm that provides ongoing portfolio management and investment advice. Founded in 1989, Goodman Financial primarily builds client portfolios using individual stocks and bonds rather than mutual funds, aiming for better tax efficiency and lower fees. The firm creates customized asset allocations based on each client's unique goals, risk tolerance, and time horizon. In addition to managing investments, Goodman Financial offers targeted financial advisory services, such as retirement planning, cash flow analysis, tax-efficient distribution strategies, estate planning, and insurance reviews. While these advisory services are typically included for investment management clients, they can sometimes be offered separately under a distinct agreement. The firm serves individuals, high net worth individuals, trusts, estates, charitable organizations, businesses, and retirement plans.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $2.0M | 1.25% |
| $2.0M - $3.0M | 1.15% |
| $3.0M - $5.0M | 0.95% |
| $5.0M - $10.0M | 0.85% |
| $10.0M - $20.0M | 0.70% |
| $20M+ | 0.65% |
Fees are payable quarterly in advance. Subject to a minimum quarterly fee of $1,250. Fees are negotiable and account minimums may be waived in the firm's discretion.
