SM Scherr Financial is a wealth management firm founded in 1996, located in Houston, Texas. The firm provides comprehensive financial planning and investment management services to individuals, high net worth individuals, and business owners. Services include retirement planning, trust and estate planning, income tax planning, risk management and insurance planning, benefits planning, charitable planning, and business succession planning. For investment management, SM Scherr Financial partners with various third-party money managers and custodians, such as Charles Schwab, to help clients build and oversee their investment portfolios. The firm also assists clients with insurance and annuity products when appropriate as part of their broader financial planning services.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $2.0M | 1.00% |
| $2.0M - $4.0M | 0.75% |
| $4.0M - $6.0M | 0.50% |
| $6M+ | 0.50% |
Fees are negotiable for accounts over $6,000,000. Accounts may be aggregated for households. A negotiated discount of up to 80% may be available to clients; a negotiated discount of up to 100% may be available to family and friends.