Gbm Wealth Management, Inc

CRD#145049
Investment Advisor Firm

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Learn more about Gbm Wealth Management, Inc

  • Overview
  • By the Numbers
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations
  • Firm Advisors

    • Overview

    Gbm Wealth Management, Inc is located at 2700 Post Oak Blvd, Houston, TX. The firm employs 4 financial advisors to manage client portfolios and provide financial guidance. Gbm Wealth Management, Inc is not a registered broker-dealer.

    Gbm Wealth Management, Inc oversees $128.4 million in assets under management across 211 accounts, of which 202 are discretionary and 9 are non-discretionary. The services offered include portfolio management for individuals and small businesses. The firm caters to retail investors, high net worth investors, and corporations, with retail investors being the largest client type by accounts. The fee structure at Gbm Wealth Management, Inc is asset-based. The firm has 23 high net worth clients and maintains affiliations with a broker-dealer or securities dealer.

    Gbm Wealth Management, Inc is registered in the states of California, Florida, and Texas.

    Assets Under Management

    $128.4 million

    Number of Advisors

    4

    Disclosures

    No

    Office Location

    2700 Post Oak Blvd
    Houston, TX 77056

    Gbm Wealth Management, Inc by the Numbers

    Total Assets Under Management

    $128.4 million

    National Average: $8.6 billion
    Total Number of Employees

    6

    National Average: 64
    Total Number of Accounts

    211

    National Average: 375,227
    Average Account Size

    $608.7 thousand

    National Average: $23.0 thousand
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    Fee Structure

    A financial advisor's fees typically are based on which service is offered. Fees billed by Gbm Wealth Management, Inc typically consist of the following fee structure: asset-based.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    Unavailable

    • Find one of the 21% of firms that offer this fee type

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 26% of firms that offer this fee type

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 32% of firms that offer this fee type

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

    • Find one of the 10% of firms that offer this fee type

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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    Types of Clients

    The firm caters to retail investors, high net worth investors, and corporations. Out of its 3 clients, Gbm Wealth Management, Inc's largest client group by number of accounts is high net worth investors, but it also manages money for 23 high-net-worth individuals. The SEC defines a high-net-worth individual as a person who has at least $750,000 in AUM or a net worth of more than $1,50 million or who is considered a "qualified purchaser" (a standard met by having at least $5 million in investments).

    • High-Net-Worth Individuals* - 10.9%
    • Other Individuals - 86.26%
    • Corporations - 2.84%
    • Charitable Organizations - 0%

    * The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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    Disclosures

    Gbm Wealth Management, Inc does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at Gbm Wealth Management, Inc

    Raymundo Cobo Avila
    Houston, TX
    Pedro Gonzalez
    Houston, TX
    Desiree Meixueiro Luna
    Houston, TX
    Rosa Flores Aranda
    Houston, TX
    Pamela Reynoso
    Houston, TX
    Jose Macouzet
    Houston, TX

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