Trb Wealth Management, LLC

CRD#309370
Investment Advisor Firm

Answer a few questions and
get matched with an advisor.

Find an Advisor

Learn more about Trb Wealth Management, LLC

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

    • Overview

    Trb Wealth Management, LLC is located at 6770 West I-2 (Expressway 83), Harlingen, TX. The firm employs 8 financial advisors to manage client portfolios and provide financial guidance. Trb Wealth Management, LLC is not a registered broker-dealer.

    Trb Wealth Management, LLC oversees $1.2 billion in assets under management across 1,460 accounts, of which 1,338 are discretionary and 122 are non-discretionary. The services offered include portfolio management for individuals and small businesses, portfolio management for institutional clients, and pension consulting services. The firm caters to retail investors, high net worth investors, pension plans, state or municipal government entities, and other types of investors, with retail investors being the largest client type by accounts. The fee structure at Trb Wealth Management, LLC is asset-based. The firm has 95 high net worth clients and maintains affiliations with a broker-dealer or securities dealer, a banking or thrift institution, and an insurance company or agency.

    Trb Wealth Management, LLC is registered in the states of Illinois and Texas.

    Assets Under Management

    $1.2 billion

    Number of Advisors

    8

    Disclosures

    No

    Office Location

    6770 West I-2 (Expressway 83)
    Harlingen, TX 78552

    Trb Wealth Management, LLC by the Numbers

    Total Assets Under Management

    $1.2 billion

    National Average: $8.6 billion
    Total Number of Employees

    8

    National Average: 64
    Total Number of Accounts

    1,460

    National Average: 375,227
    Average Account Size

    $817.7 thousand

    National Average: $23.0 thousand
    Back to Overview
    Back to Overview

    Fee Structure

    Financial management fees largely are based on the type of financial services offered. Fees charged by Trb Wealth Management, LLC typically consist of the following fee structure: asset-based.The company participates in a wrap fee program, in which the firm offers a bundle of services for a comprehensive fee.

    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.

    Back to Overview

    Types of Clients

    The firm does business with a number of different customers. The company provides services to retail investors, high net worth investors, pension plans, state or municipal government entities, and other. Out of its 5 clients, Trb Wealth Management, LLC's biggest client group by number of accounts is other, but it also caters to 95 high-net-worth individuals. The SEC defines a high-net-worth individual as someone 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* - 17.69%
    • Other Individuals - 62.01%
    • Corporations - 20.3%
    • 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.

    Find an advisor who will work directly with you

    Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.

    Back to Overview

    Disclosures

    Trb Wealth Management, LLC does not have any disclosures.

    Please visit its Form ADV for more details.

    Back to Overview
    Back to Overview

    Find a financial advisor near you

    If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.

    Back to Overview

    Financial Advisors at Trb Wealth Management, LLC

    John Stewart
    Harlingen, TX
    Linda Roberts
    Harlingen, TX
    Kevin Whitworth
    Austin, TX
    Eduardo Caso
    Harlingen, TX
    John Tippit
    Harlingen, TX
    Alma Villarreal
    Harlingen, TX
    Ricardo Garcia Fuentes
    Harlingen, TX
    Robert Farris
    Harlingen, TX

    Not sure which advisor is right for you? Use our matching tool

    Our matching tool simplifies the process of finding a financial advisor. To match you with top financial advisors nearby, we ask you a series of questions about your retirement plans, life status, investment goals and advisor preferences, which are all important topics to consider when choosing a financial advisor. Click here to find your advisor matches today

    Back to Overview

    The content in this profile was updated by SmartAsset on 6/19/2024. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.

    The named financial professional and firm have not reviewed, approved, or endorsed this profile and are not responsible for its accuracy. Profile content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named financial professional and firm. Financial professionals and firms having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s profiles.

    This profile may include a firm or advisor that has a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. SmartAsset is not a client of the aforementioned firms or advisors. SmartAsset did not receive compensation for including any of the firms or advisors in the aforementioned profile.

    This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the advisor or firm mentioned in this profile. The matching tool does not include all available advisors and firms and matches based on specific criteria (investable assets, geography, and willingness to work with a remote advisor).

    Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.