user avatar

Thomas Qualls

Advisor at Charles Schwab

Updated today

Location

Guthrie, OK

Credentials

Series 63, Series 66

Industry experience

4 years

About

Thomas Qualls is a financial advisor at Charles Schwab with four years of industry experience. He holds Series 63 and Series 66 licenses and has worked at Charles Schwab since 2021. Prior to his advisory role, Qualls spent time with Love's Country Stores and has a background that includes work at the University of Oklahoma and Oklahoma Christian School. Charles Schwab serves primarily high- and ultra-high-net-worth individuals through its Schwab Wealth Advisory wrap fee program and affiliated managed-account and financial planning services. The firm combines non-discretionary advisory relationships with access to affiliated discretionary separately managed accounts, offering clients multi-asset model portfolios supported by in-house research and alternative investment due diligence.

Client services

Based on Charles Schwab

Financial planning Selection of other advisers
Wrap fee program sponsor and financial planning advisor referral program

Expertise

Based on Charles Schwab

Private / alternative investments Real estate investing Multi-state taxation College savings (529s, UTMA, etc.)

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Fee options

Percentage

$0 - $1,000,000: 0.80% annually More than $1,000,000 - $2,000,000: 0.75% annually More than $2,000,000 - $5,000,000: 0.70% annually More than $5,000,000 - $10,000,000: 0.50% annually More than $10,000,000 - $25,000,000: 0.30% annually More than $25,000,000+: 0.30% annually or less, as negotiated

Other

Account minimum: $500,000 Minimum fee: Quarterly minimum fee equal to the lesser of $1,000 or the quarterly fee from applying a 1.60% annual percentage rate to total billable assets. Fee-only: Yes - The Schwab Wealth Advisory program charges a wrap fee including advisory, brokerage, custody, and administrative fees; no separate commissions are charged on trades within the program.

Location

Guthrie, OK

Most active in

Oklahoma

Work history

Charles Schwab & Co., Inc.

2021 - Present (5 years)

Unemployed

2020 - 2021 (1 year)

Love's Country Stores

2020 - 2020 (1 year)

Love's Country Stores

2019 - 2019 (1 year)

Love's Country Stores

2018 - 2018 (1 year)

University of Oklahoma

2016 - 2020 (4 years)

Future Point of View

2016 - 2016 (1 year)

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

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