Herndon Plant Oakley manages investment portfolios and provides financial planning and consulting services for individuals, families, high-net-worth clients, trusts, and businesses. Headquartered in Corpus Christi, Texas, Herndon Plant Oakley builds diversified portfolios using stocks, bonds, mutual funds, exchange-traded funds, options, and alternative investments. The firm operates on a discretionary basis, meaning professionals make day-to-day trading decisions on your behalf based on your agreed-upon goals. Herndon Plant Oakley also offers brokerage services through an affiliated broker-dealer and insurance services through an affiliate, creating potential conflicts of interest when recommending specific products or transaction venues. The firm tailors its services to align with your personal risk tolerance, investment timeline, and financial objectives.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.50% |
| $500K - $1.0M | 1.50% |
| $1.0M - $5.0M | 1.00% |
| $5.0M - $15.0M | 0.75% |
| $15.0M - $50.0M | 0.50% |
| $50M+ | 0.50% |
Fees are negotiable. Different schedules apply for fixed income and mutual fund advisory portfolios.