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Top Financial Advisor Firm in Corpus Christi, TX

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Finding a Top Financial Advisor Firm in Corpus Christi, Texas

Working with a financial advisor firm is supposed to make your life easier, but finding the right firm for you can be just as stressful a process. For Corpus Christi, Texas residents, SmartAsset took the time, did the research and subsequently found the top financial advisor firm in the city. Read on to find out what this firm specializes in, and how well those specializations match up with what you’re looking for. For those who prefer an automated search, the SmartAsset financial advisor matching tool can pair you with up to three advisors in you area.

Rank Financial Advisor Assets Managed Minimum Assets Financial Services More Information
1 Oxbow Advisors, LLC Oxbow Advisors, LLC logo Find an Advisor

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$1,483,890,000 Not released
  • Financial planning services
  • Portfolio management
  • Pension consulting services
  • Selection of other advisors (including private fund managers)
  • Publication of periodicals or newsletters
  • Educational seminars/workshops

Minimum Assets

Not released

Financial Services

  • Financial planning services
  • Portfolio management
  • Pension consulting services
  • Selection of other advisors (including private fund managers)
  • Publication of periodicals or newsletters
  • Educational seminars/workshops

How We Found the Top Financial Advisor Firm in Corpus Christi, Texas

In order to be as accurate as possible, SmartAsset only researched firms that are based in Corpus Christi, Texas proper and are registered with the U.S. Securities and Exchange Commission (SEC). Firms that did not manage individual accounts, had disciplinary issues on record or didn’t offer financial planning services were immediately removed from contention. The following is what made the cut, ordered from the most assets under management (AUM) to the least.

Oxbow Advisors, LLC

With nearly $1.5 billion in AUM, Oxbow Advisors, LLC doesn’t have much competition in the Corpus Christi area. Its individual client base is made up of less than one-quarter high-net-worth individuals, which is somewhat surprising given the firm’s massive size. Equally as surprising is the fact that its team of advisors is just 11 members strong, with five chartered financial analysts (CFAs), three chartered investment counselors (CICs) and two certified financial planners (CFPs) on staff.

Although the majority of Oxbow’s clientele consists of individuals and families, it also serves retirement plans, estates, trusts, employee benefit plans, private foundations and charitable organizations. It does not publicly specify an account minimum. Instead, any minimums or maximums will be displayed in your written client agreement.

This firm is fee-based, meaning that it gets its compensation from places other than its clients. In Oxbow’s case, some of its employees make commissions on insurance sales. While this represents a potential conflict of interest, the firm is a fiduciary and legally must act in clients' best interests.

Oxbow Advisors, LLC Background

Managing partner James Theodore "Ted" Oakley founded Oxbow Advisors, LLC in 2007. Oakley is the principal owner of Oxbow, and has been employed in the financial services industry for over 33 years.

Oxbow splits its client services into two main categories: base capital management and investment capital management. In layman’s terms, this is essentially a division of your money between what you need to hold onto in order to maintain your lifestyle and what you can afford to gamble a bit on investing. The firm also has more goal-centric services, such as retirement planning and education planning.

Oxbow Advisors, LLC Investing Strategy

The combination of a short- and long-term approach is at the heart of what Oxbow Advisors, LLC aims to do with the funds of all of its clients. It does this in a somewhat non-traditional way though, employing a strategy of stock-picking, which is essentially looking to find the undervalued areas of the market that hold some prospect of growth, significant or otherwise.

The firm accomplishes this through a series of steps, starting with meticulous research by its investment professionals. Next, the firm’s analysts will compare what it finds to market trends to see which stocks have the potential to be more valuable than where they currently stand. Because of this approach, you may find the investments that make up your portfolio shift on a regular basis.

How Many Years $1 Million Lasts in Retirement

SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Zoom between states and the national map to see the top spots in each region. Also, scroll over any city to learn about the cost of living in retirement for that location.

Rank City Housing Expenses Food Expenses Healthcare Expenses Utilities Expenses Transportation Expenses

Methodology To determine how long a $1 million nest egg would cover retirement costs in cities across America, we analyzed data on average expenditures for seniors, cost of living and investment returns.

First, we looked at data from the Bureau of Labor Statistics (BLS) on the average annual expenditures of seniors. We then applied cost of living data from the Council for Community and Economic Research to adjust those national average spending levels based on the costs of each expense category (housing, food, healthcare, utilities, transportation and other) in each city. Using this data, SmartAsset calculated the average cost of living for retirees in the largest U.S. cities.

We assumed the $1 million would grow at a real return (interest minus inflation) of 2%. This reflects the typical return on a conservative investment portfolio. Then, we divided $1 million by the sum of each of those annual numbers to determine how long $1 million would cover retirement expenses in each of the cities in our study. Cities where $1 million lasted the longest ranked the highest in the study.

Sources: Bureau of Labor Statistics (BLS), Council for Community and Economic Research