Texas Asset Management manages investment portfolios and provides financial planning and consulting services. Founded in 1999 and led by Gary Miller, the firm builds diversified portfolios primarily using low-cost, passively managed mutual funds based on Modern Portfolio Theory. Texas Asset Management focuses on asset allocation rather than market timing. For investment management clients, the firm designs written investment policies and handles portfolio management. For financial planning and consulting, Texas Asset Management creates written plans covering personal finances, taxes, cash flow, death and disability, retirement, and investments. Clients can also receive limited consulting on specific topics like estate planning, insurance, and annuities. The firm works with individuals, high-net-worth individuals, retirement plans, trusts, and small businesses.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $3.0M | 0.70% |
| $3.0M - $5.0M | 0.45% |
| $5.0M - $8.0M | 0.35% |
| $8M+ | 0.25% |
Fees are negotiable in certain circumstances. Family accounts are aggregated for fee calculation.