Wilbert Oakley is a registered investment advisor at Familywealth Asset Management, based in Dallas, TX, with 18 years of industry experience. Wilbert operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 424 clients with $180M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
FamilyWealth charges a percentage of the assets they manage.
For retail clients, the fee is 1.45% of the portfolio value.
For institutional clients, the fees are:
- $500,000 - $1,000,000: 0.80% per year
- $1,000,000 - $2,000,000: 0.70% per year
- $2,000,000 - $5,000,000: 0.65% per year
- $5,000,000 - $10,000,000: 0.60% per year
In addition to the above fees, clients will pay platform fees as follows:
- First $500,000: 0.30%
- Next $500,000: 0.25%
- Next $1,000,000: 0.20%
- Next $1,000,000: 0.15%
- Next $1,000,000: 0.10%
- Assets Over $4,000,000: 0.05%
An additional 0.10% to 0.35% asset management fee applies for asset managers of strategies and portfolios in the Managed Account Solutions Platform, depending on the manager selected.
Location
1601 Elm Street,, Suite 4310, Dallas, TX, 75201
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 ActivitiesSells Insurance
Wilbert is an insurance producer selling fixed annuity products, dedicating nearly full-time hours to this activity. He also owns a rental property managed by a real estate company, requiring minimal time and producing no income.
Employment History
Current Registrations
Familywealth Asset Management
Familywealth
Previous Registrations
Advisersource.com
Jolliffe Capital, INC.
Brookstone Capital Management LLC
State Registrations5 states
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.