Dewayne Nelson
Dewayne Nelson is a registered investment advisor at Collective Wealth Advisors LLC, based in Coppell, TX, with 31 years of industry experience. Dewayne operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Investment Management, Retirement Planning, Tax Planning. Their firm serves 228 clients with $140M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Collective Wealth Advisors (CWA) charges a fee based on a percentage of the assets they manage for you, not exceeding 1.5% annually. This fee includes the cost of a third-party money administrator. Fees are calculated each quarter based on the value of your portfolio at the end of the previous quarter. Fees are negotiable.
If CWA uses AQR Capital Management as a sub-advisor, you will pay additional fees ranging from 0.225% to 2.00% depending on the strategy and account size. If CWA uses Parametric Associates LLC as a sub-advisor, you will pay an additional annual fee of 0.18%, with additional fees for benchmarks and/or screens between 0.0375% and 0.10% annually.
For American Funds, CWA charges a flat annual investment advisory fee of up to 1.5% of the total assets under management. These fees are negotiable.
Location
713 Main Street, Coppell, TX, 75019
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Dewayne is a licensed insurance agent, dedicating minimal time to his insurance practice, and may offer clients advice or products from this activity. He also serves as an interim pastor at St. Peter Lutheran Church, spending a few hours per week on worship and religious education.
Employment History
Current Registrations
Collective Wealth Advisors LLC
Previous Registrations
Geneos Wealth Management, INC.
Geneos Wealth Management, INC.Broker
Nrp Financial, INC.
Nrp Financial, INC.Broker
MML Investors Services, INC.Broker
MML Investors Services, INC.
Hfg Advisors, L.L.C.
Lutheran Brotherhood Securities CORP.Broker
State Registrations1 state
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.