James Karnes is a PFS-designated registered investment advisor at Texas Asset Management, based in Lakeway, TX, with 24 years of industry experience. James operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, High Net Worth, Investment Management, Retirement Planning. Their firm serves 56 clients with $72M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $3.0M | 0.70% |
| $3.0M - $5.0M | 0.45% |
| $5.0M - $8.0M | 0.35% |
| $8M+ | 0.25% |
Fees are negotiable in certain circumstances. Individual accounts for immediate family members are aggregated and the fee is charged based on the total value of all family members’ accounts.
Fee Estimator
Location
1200 Lakeway Drive, Suite 20, Lakeway, TX, 78734
Get directionsHistory
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 Activities
James works as a CPA for Brodnax & Karnes, P.C., an accounting firm. This activity is not investment-related and shares the same address as TAM.
Employment History
Current Registrations
Texas Asset Management
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.