TexWealth is a registered investment advisor located in Plano, Texas, founded in 2024 and led by Daniel Tarsha. TexWealth specializes in ongoing portfolio management tailored to each client's specific goals, time horizon, and risk tolerance. The firm creates a personalized Investment Policy Statement for every client and builds diversified global stock and bond portfolios using exchange-traded funds, mutual funds, fixed income securities, real estate investment trusts, and equities. TexWealth operates on a fee-only basis, charging an annual percentage of the value of the assets they manage. The firm requires clients to hold their accounts at Charles Schwab & Co., Inc. Advisor Services for custody and trade execution. TexWealth serves individuals and high-net-worth clients, maintaining a fiduciary duty to act in each client's best financial interest.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $100K | 1.25% |
| $100K - $1.0M | 1.00% |
| $1.0M - $2.0M | 0.90% |
| $2.0M - $3.0M | 0.80% |
| $3.0M - $4.0M | 0.70% |
| $4.0M - $5.0M | 0.60% |
| $5M+ | 0.50% |
Fees are generally negotiable. Employees of the firm may be charged different rates.