Saxon Financial Group is owned by Richard Saxon and serves individuals, families, retirees, and business owners, with a particular focus on oil-and-gas professionals. It builds portfolios using funds, ETFs, individual securities, and independent managers, primarily with a long-term investment approach. Financial planning is billed separately, and assistance generating estate-planning documents carries an additional fixed charge. Outside managers may add their own fees, while some advisers also receive commissions for insurance sales.
Overview
- Headquarters
- Houston, TX
- Total Firm Assets
- $679 million
- Average High-Net-Worth Client Portfolio Size
- $3.0 million
- Stated Minimum Account Size
- $250,000
Fee Disclosure
Source: SAXON FINANCIAL GROUP DISCLOSURE BROCHURE (2025-09-30)
· View brochure text
Latest filing: SAXON FINANCIAL GROUP DISCLOSURE BROCHURE (2026-03-11)
· View brochure text
| Min | Max | Disclosed Annual Rate |
|---|---|---|
| $0 | $500,000 | 1.35% |
| $500,001 | $1,000,000 | 1.25% |
| $1,000,001 | and above | 1.00% |
Estimated Annual Advisory Fees
| Portfolio Value | Estimated Annual Fee | Effective Fee Rate |
|---|---|---|
| $1 million | $13,000 | 1.30% |
| $5 million | $53,000 | 1.06% |
| $10 million | $103,000 | 1.03% |
| $50 million | $503,000 | 1.01% |
| $100 million | $1,003,000 | 1.00% |
Actual fees may vary; other investment costs may apply.
Compare fees: lowest-fee advisors in Texas for $2M portfolios · $10M portfolios
Clients
- High-Net-Worth Share of Firm Assets
- 85.14%
- Number of High-Net-Worth Clients
- 195
- Total Client Accounts
- 1,859
- Discretionary Accounts
- 1,463
- Non-Discretionary Accounts
- 396
Services Offered
Services: Financial Planning, Portfolio Management for Individuals, Pension Consulting, Investment Advisor Selection
Regulatory Filings
- SEC CRD Number
- 311687
- SAXON FINANCIAL GROUP DISCLOSURE BROCHURE (2026-03-11) · View brochure text
- SAXON FINANCIAL GROUP DISCLOSURE BROCHURE (2025-09-30) (fee schedule source) · View brochure text
View firm on SEC ↗ · Current Form ADV (PDF) ↗