Firm Info
Firm Size
Services Offered
- Portfolio Management for Individuals & Small Businesses
- Portfolio Management for Businesses or Institutional Clients
Types of Clients
- Individuals (Not High Net Worth)
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
- Pension & Profit Sharing Plans
- Charitable Organizations
- Corporations or Other Businesses Not Listed Above
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Fixed Fees (Other than subscription)
Academy Capital Management Overview
Academy Capital Management is an investment advisory firm based in Waco, TX, providing investment advice services to individuals, small businesses, and institutional clients. The firm has been in business since 1987 and focuses solely on investment advice, making it a registered investment advisory firm. Academy Capital Management operates on a fee-based fee arrangement that ensures transparency and aligns the interests of the clients with those of the firm. The firm's experienced investment advisors provide portfolio management services to individuals and small businesses, as well as businesses or institutional clients. The investment approach is tailored to each client's unique financial goals, time horizon, and risk tolerance. The firm aims to use a disciplined approach to investment management that seeks to deliver long-term results consistent with the client's objectives while managing risk. Academy Capital Management takes pride in its commitment to providing top-notch investment advice, coupled with excellent client service. The team works closely with clients to understand their goals and risk tolerance before designing the portfolios. The firm uses a disciplined and rigorous investment process, combining research and analysis to build high-quality portfolios for its clients that balance risk and return.
ACADEMY CAPITAL MANAGEMENT provides financial management services to a diverse range of clients, including individuals, high net worth individuals, pension or profit sharing plans, charitable organizations, and other corporations. Across industry sectors, the firm delivers tailor-made solutions to help clients achieve their financial goals. Their services are designed to suit the unique needs of each client, and can encompass a variety of areas such as asset allocation, portfolio management, and risk assessment. As regards fee structures, ACADEMY CAPITAL MANAGEMENT offers two distinct options based on the service provided. For those clients requiring ongoing asset management services, the firm charges a percentage fee based on the assets under management (AUM). This serves as an incentive for the firm to achieve greater returns for the client's portfolio. Alternatively, fixed fees are available for clients that require specific services or a one-time consultation. This fee is agreed upon in advance and is not linked to AUM, which may make it a preferable option for those seeking a more predictable expense. Ultimately, ACADEMY CAPITAL MANAGEMENT works closely with each client to ensure their services are optimized to meet their unique financial objectives.
Typical Clients, Fee Structures & Investment Minimum
Unfortunately, the Part 2 Brochure for Academy Capital Management does not mention anything about an investment minimum.
How This Office Can Help Waco, TX Residents
Academy Capital Management (ACM) provides a range of financial planning and investment services to individuals and businesses in Waco, TX. Given Waco's diverse economy and unique demographics, clients may face a range of financial situations that require specialized support. For example, younger clients may be grappling with student loan debt and navigating the early stages of building their careers, while middle-aged clients may be looking to build wealth to support their families and plan for retirement. ACM helps clients in Waco navigate these financial challenges by offering personalized financial planning, asset management, retirement planning, and other services tailored to each client's specific needs and goals. With a deep understanding of the local economy and financial landscape, ACM provides Waco clients with the tools and expertise they need to build a secure financial future.
Services Offered by Academy Capital Management
Core Advisor Services
Financial Planning
Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.
Portfolio Management for Individuals & Small Businesses
Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.
Market Timing Services
Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.
Other Services
Selection of Other Advisors
The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.
Publication of Periodicals or Newsletters
The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.
Educational Seminars & Workshops
The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.
Fee Structures
Financial advisory fees usually are based on the services provided. Fee types charged by Academy Capital Management most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Available
Percentage of Assets Under Management (AUM)
This fee structure charges a percentage of the assets under management by the firm. Fee structures are often tiered based on the amount of assets managed, with higher AUM often charged a lower rate.
Between 0.50% and 2.00% of assets under management (annually), often lower for a robo advisor. Fees are typically charged quarterly by the firm and will show on your investment statement. View typical advisor costs here.
~96% of registered firms offer this fee structure.
If you have $1 million managed by a firm at a 1% management fee, you would be charged $10,000/year to manage your assets (or $2,500 per quarter). This would be automatically deducted from your investment portfolio.
Fixed Fees (Other than subscription)
Fixed fees are a one-time, lump-sum payment rendered for a specific service, such as creating a financial plan without ongoing management or implementation. This option is beneficial if you solely require guidance for a particular objective rather than a long-term consultancy or asset management.
Fixed fees for creating a financial plan often range from $1,000 to $3,000.
~49% of registered firms offer this fee structure.
If you did not want a firm to manage your assets but needed to create a retirement plan, life transition plan such as divorce or loss of a spouse, estate transition plan, business financial plan, or any other financial planning, you could consult with an RIA firm to help you with the creation of that plan.
Unavailable
Hourly
Similar to an attorney, a financial consultant might charge fees based on hourly rates. This fee structure can be advantageous when seeking specific or ad hoc advice.
Charges generally span from $150 to $400 per hour, depending on the extent of the services required.
~33% of registered firms offer this fee structure.
If you needed hourly consulting to sell a business or transfer your estate to your children but did not want your assets managed by a firm, you could consult a firm at an hourly rate to answer any questions you may have.
Subscription (Newsletter or Periodical)
Commissions
Occasionally, advisors are compensated through commissions by selling certain financial products, such as mutual funds or life insurance policies, or as a broker-dealer by facilitating the buying and selling of securities. Advisors who receive commissions may be incentivized to make specific suggestions to clients in order to secure a commission. Advisors who operate on a fee-only basis do not earn commissions, whereas fee-based advisors may do so.
Often 3% - 6% of the value of the security.
Only ~3% of registered firms say they offer this fee structure, but other advisors may receive “soft dollars”. Many mutual funds charge 12b-1 fees to cover the promoting and selling of the fund’s shares. While your advisor does not charge these fees, they may receive a kickback for recommending the investment.
An advisor selling their client on a life insurance policy and receiving a commission on the sale of that policy, or recommending a specific investment and receiving a kickback for that recommendation.
Performance-based Fees
Advisors typically obtain performance-based fees if a portfolio surpasses a predefined benchmark. This fee is determined through various methods, but is most commonly assessed as a percentage of investment gains. Performance-based fees may incentivize advisors to undertake riskier decisions in pursuit of generating higher returns.
“Two and Twenty” is common among hedge funds with a 2% management fee and a 20% incentive fee above the “hurdle rate,” or performance threshold the fund is compared against.
32% of registered firms offer this fee structure.
A hedge fund earns a 15% return with a 20% performance fee in above the performance of the S&P 500, which grew 7% that same year.
20% of fund growth in excess of S&P 500’s 7% growth for that year = 15% hedge fund growth - 7% S&P 500 growth = 8% difference x 20% = 2% performance fee (in addition to the management fee).
Other
Firms occasionally offer unconventional fee structures when charging clients. For more detailed information about a firm’s specific fee structures, please refer to their Form ADV and Part 2 Brochure.
Types of Clients
*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.
This Office Location
- Mon 7 AM–4 PM
- Tue 7 AM–4 PM
- Wed 7 AM–4 PM
- Thu 7 AM–4 PM
- Fri 7 AM–4 PM
- Sat Closed
- Sun Closed
Other Office Locations
This firm has no other locations.
State Registrations
Academy Capital Management is registered to service clients in the following states:
- California
- Colorado
- Florida
- Georgia
- Louisiana
- New Mexico
- North Carolina
- Pennsylvania
- Texas
Disciplinary History
Academy Capital Management does not have any disclosures. Please visit it's Form ADV for more details.