Cravens Brothers Private Wealth Management Review 2021 | investor.com
Cravens Brothers Private Wealth Management Review
Cravens Brothers Private Wealth Management, registered in 2012, serves 2 state(s) with a licensed staff of 2 advisors. Cravens Brothers Private Wealth Management manages $95.3 million and provides investment advisory services for 34 clients (1:17 advisor/client ratio).
After checking the disciplinary records of Cravens Brothers Private Wealth Management, our system found no disciplinary questions to ask. Checks take place monthly.
After checking the regulatory records of Cravens Brothers Private Wealth Management, our system has identified the following question(s) to ask. Learn more.
Is Cravens Brothers Private Wealth Management also a Broker-Dealer or are they affiliated with one? What conflicts arise from this relationship? How does Cravens Brothers Private Wealth Management mitigate them?
Currently Cravens Brothers Private Wealth Management is also a Broker-Dealer or is affiliated with one. When firms are dual-registered as broker-dealers, they may be subject to compensation-related conflicts of interest, including revenue sharing from mutual funds, cross-selling of commissioned insurance products, and the sale of proprietary investment products. All of these conflicts can negatively impact clients via hidden fees and overall higher costs.
Does Cravens Brothers Private Wealth Management offer mutual funds that have 12b-1 fees?
Does Cravens Brothers Private Wealth Management offer products that have performance-based fees, or does it accept performance-based fees? Will any of my assets be invested in those products?
Does Cravens Brothers Private Wealth Management perform side-by-side management? How does Cravens Brothers Private Wealth Management mitigate conflicts that arise from managing accounts with differing fee structures?
Does Cravens Brothers Private Wealth Management accept soft-dollar benefits? How do these benefits affect the firm’s selection of a broker-dealer partner?
Cravens Brothers Private Wealth Management receives soft-dollar benefits that could incentivize them to push trades through broker-dealers that provide advantages to the firm instead of through broker-dealers that could provide the best trade execution for their clients.
Which securities does Cravens Brothers Private Wealth Management trade for itself that it will also be recommending to me?
Cravens Brothers Private Wealth Management has marked in their disclosures that they trade recommended securities. While this often can be seen as "eating your own cooking," there are several inherent conflicts that can arise. For example, front running is when a financial professional buys or sell securities ahead of their client. In short, any financial professional should disclose all positions they hold (or have sold short) that they will also be recommending to you.
As identified in SEC Form ADV Part 1, Item 11 “Disclosure Information”, the Trust Algorithm identified the following disciplinary disclosures for Cravens Brothers Private Wealth Management:
What services can Cravens Brothers Private Wealth Management provide?
As a financial advisory firm, Cravens Brothers Private Wealth Management can provide a variety of financial planning services for Americans. Financial advisors help you achieve your life goals, e.g., saving for retirement, by creating a comprehensive financial plan and managing your investment portfolio (e.g., stocks, ETFs, mutual funds, bonds).
Where is Cravens Brothers Private Wealth Management headquartered? Which states do its financial advisors serve?
Cravens Brothers Private Wealth Management is headquartered in Dallas, TX. Cravens Brothers Private Wealth Management offers financial advisor services in 2 states: Arkansas, Texas.
What is the average client balance at Cravens Brothers Private Wealth Management?
While Cravens Brothers Private Wealth Management advises clients across a variety of portfolio sizes, the average client balance is currently $2,803,235. In total, Cravens Brothers Private Wealth Management manages $95,310,000 in assets.
What is the historical performance of Cravens Brothers Private Wealth Management?
Can I write a review of Cravens Brothers Private Wealth Management or file a complaint?
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