Spindletop CommonWealth Advisors is an independent registered investment advisor founded in 2007 and led by Daniel A. Weinbaum. The firm provides personalized investment management and financial planning services for individuals, trusts, and estates. Spindletop CommonWealth Advisors creates tailored investment strategies using a dynamic asset allocation approach that incorporates domestic and international equities, bonds, real estate investment trusts, and cash. In addition to managing your portfolio, Spindletop CommonWealth Advisors coordinates advice across your broader financial picture, including outside accounts such as retirement and college savings plans, while offering guidance on estate planning, retirement preparation, and tax management. Clients can set specific investment restrictions, and accounts can be managed with the authority to make trades without asking first or on a consulting basis.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.50% |
Equities are charged no more than 1.50% annually, and fixed income investments are charged no more than 1.00% annually. Fees and minimum account sizes are negotiable based on relationship size and complexity.