Spindletop Commonwealth Advisors LLC

Spindletop CommonWealth Advisors, LLC is an investment adviser founded in 2007 by Daniel A. Weinbaum, offering services to individuals, trusts, and estates. The firm provides tailored investment advisory services, including investment supervisory services on both discretionary and nondiscretionary bases. Their strategies encompass asset management, estate planning, retirement planning, and more, with a dynamic asset allocation approach. As of March 2025, SCA manages around $30 million in assets, primarily on a discretionary basis. Fees are charged on a fixed or percentage basis, with equities fees capped at 1.50% and fixed income at 1.00%, payable quarterly based on market values. SCA does not accept performance-based fees to avoid conflicts of interest. The firm serves individuals, trusts, and estates, with a minimum account requirement of $250,000, which may be negotiable. SCA employs fundamental and technical analysis, cyclical analysis, and various investment strategies, emphasizing risk management. There have been no disciplinary actions against SCA or its management. Clients receive monthly account statements and trade confirmations from the custodian. Daniel A. Weinbaum, the President, Managing Member, and Chief Compliance Officer, oversees all client accounts and reviews. SCA does not vote proxies on behalf of clients and does not have custody of client assets. Daniel A. Weinbaum has a B.B.A. in Finance and has been in the financial industry since 2002. He is the sole supervised person at SCA, with no disciplinary history or bankruptcy filings.