Dan Stewart

CFA®
Personal Finance, Retirement, Investing
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“With over 20 years of experience in the financial services industry, Daniel Stewart helps his clients achieve their investment goals by providing actionable, non-biased research and advisory services.”
Firm:

Revere Asset Management

Job Title:

President & CIO

Biography:

Daniel Stewart is President & CIO of Revere Asset Management and has been providing financial services and portfolio management for over twenty years.  Revere Asset is a Fee Based RIA which Always Acts as a Fiduciary in the Best Interest of its Clients.  Prior to joining Revere Asset Management, Dan advised on investment portfolios exceeding $200M. He is also well versed in comprehensive planning including corporate, individual, and estate planning.

Dan joined the NorAm Capital team in 2010 to create and manage their Private Wealth Management firm. This eventually led Dan to buy the business and rename it Revere Asset Management. He graduated from The University of Texas at San Antonio with concentrations in Finance and Accounting. Dan has passed the CPA Examination on the first attempt and subsequently earned his CFA® Charter (Chartered Financial Analyst).

Dan, a native of San Antonio, Texas, is married with 3 children. Dan played NCAA tennis on a full scholarship at Vanderbilt University. He played professional tennis on the United States and European circuit and was then the Head Tennis Professional at both the Retama Polo & Tennis Club and Thousand Oaks Indoor/Outdoor Racquet Club, in San Antonio, Texas.  

Education:

Chartered Financial Analyst (CFA®), BBA in Accounting

Assets Under Management:

$30 million

Fee Structure:

Fee Based Only - Fiduciary with No Conflicts of Interest

CRD Number:

2649504

Insurance License:

#Yes Primarily Term

Disclaimer:

No information presented constitutes a recommendation by Revere Asset Management, to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as, an offer, or a solicitation of an offer, to buy, sell, or hold any securities by Revere Asset Management. Revere Asset Management does not offer or provide any opinion regarding the nature, potential, value, suitability or profitability of any particular investment or investment strategy, and you are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs.

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March 2017
    401(k), IRAs, Retirement Savings
May 2017
February 2017
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    Career / Compensation
What amount of fees should I reasonably expect from a Financial Advisor?
100% of people found this answer helpful

It all depends upon whether it is active management or passive management. I am an active, fee based only manager and charge anywhere from 1% to 1.6% depending upon strategy and how much work it entails. For passive "pie" charts, you should only pay around .10% to .25% because you could easily do a passive strategy yourself with a little research and there is very little maintenance. For a "blended" strategy which would be some L-T passive, it is called "strategic", and some M-T active, called "tactical:, fees generally range around .70% to 1%.  

Then, there is a whole broker/insurance group who rely on commissions. Annuities fall into this category and commissions can be as high as 8% to even 10% of the principal placed in the annuity. I vehemently disagree with this approach because there is a conflict of interest. And there are actually commission free, fee based only annuities but you never hear about them. Most fee based advisors only act as your Fiduciary with your best interest first.

The most important thing is to do your homework and know HOW the advisor is getting paid. It is not necessarily about lowest costs/fees, but the value you are getting for those fees.

Hope this helps, Dan Stewart CFA®

January 2017
    Asset Allocation
Where can I put excess cash so that it can grow and remain accessible?
100% of people found this answer helpful
December 2016
    401(k), IRAs, Income Tax
Are Roth distributions counted as income?
100% of people found this answer helpful
December 2016
    Career / Compensation, 401(k)
Why was my 401(k) frozen and what can I do?
100% of people found this answer helpful
November 2016
    College Tuition, Personal Finance
Are there any risks for saving towards college?
100% of people found this answer helpful
November 2016