Miguel Garcia is a CFP-designated registered investment advisor at Sophronia Wealth Advisors, based in El Paso, TX, with 17 years of industry experience. Miguel operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Charitable Giving, Education Planning, Estate Planning, and 7 more. Their firm serves 5 clients with $6.5M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Sophronia Wealth Advisors includes investment management for clients who have investable assets as part of their Programa Sophronia de Optimización de Riqueza. Investment management is not offered as a stand-alone service. The annual fee for the program is calculated as 0.50% of client net worth rounded down to the nearest $100,000 for clients with a net worth of $2,000,000 or greater. If a client’s net-worth is under $2,000,000, the annual fee will be $10,000. The fee may be paid monthly or quarterly in advance and is negotiable in certain cases.
Location
311 Montana Ave, Ste. A2-12, El Paso, TX, 79902
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Miguel creates and distributes podcasts, educational programs, and provides non-advisory financial coaching services through Dinero Coaching, LLC. This takes about a quarter of Miguel's time.
Employment History
Current Registrations
Sophronia Wealth Advisors
Previous Registrations
Lauterbach Financial Advisors, LLC
Investors Capital Advisory
State Registrations2 states
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