GR
CFP
GR
CFP

Glen Rives

15 Years of Experience

Glen Rives is a CFP-designated registered investment advisor at Bakeravenue, based in Houston, TX, with 15 years of industry experience. Glen operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Alternative Investments, Estate Planning, Financial Planning & Coaching, High Net Worth, and 3 more. Their firm serves 931 clients with $3.8B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
31 advisors
Number of Clients
931 clients
Average Client Portfolio
$4.1M average
Assets Under Management
$3.8B

Fee Structure

Minimum Investment:$1M
Planning is included in investment management (also available separately)
Minimum Annual Fee:$9,500
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $1.0M0.95%
$1.0M - $2.5M0.95%
$2.5M - $5.0M0.90%
$5.0M - $10.0M0.80%
$10.0M - $25.0M0.70%
$25M+0.70%

Fees are negotiable and vary among clients. Family Office Clients and other Clients with established relationships may be subject to a different fee schedule or rate.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

Houston, TX

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

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Employment History
Current Registrations
Bakeravenue
June 2023 - Present · 2 yrs 10 mos
Previous Registrations
Willis Johnson & Associates, INC.
June 2021 - February 2023 · 1 yr 8 mos
Morgan StanleyBroker
May 2020 - June 2021 · 1 yr 1 mo
Morgan Stanley
April 2020 - June 2021 · 1 yr 2 mos
Mercer Global Advisors INC.
March 2018 - October 2019 · 1 yr 7 mos
P.J. Robb Variable CorporationBroker
July 2014 - March 2018 · 3 yrs 8 mos
Raymond James & Associates, INC.Broker
February 2014 - June 2014 · 4 mos
Raymond James & Associates, INC.
January 2014 - June 2014 · 5 mos
Wells Fargo Advisors, LLC
August 2011 - July 2012 · 11 mos
Wells Fargo Advisors, LLCBroker
July 2011 - July 2012 · 1 yr
Dain Rauscher IncorporatedBroker
September 1998 - August 2001 · 2 yrs 11 mos
State Registrations1 state
TX
Advisor

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.

Exams
No exam information available for this advisor.