Daniels & Erickson Financial Advisors, LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$197,733,828
Clients
60
Advisors
3
of 4 employees
About
Daniels & Erickson Financial Advisors provides portfolio management and financial planning to individuals, high‑net‑worth households, trusts, estates, retirement plan participants, and business entities. The firm manages about $213.6 million for roughly 60 clients and offers both discretionary and non‑discretionary portfolio management as well as hourly and project‑based financial planning.
The firm tailors advice through a customized asset‑allocation process with ongoing monitoring and rebalancing, drawing on both fundamental and technical analysis. Investment implementation typically uses equities, ETFs, mutual funds, municipal and U.S. government securities and, when appropriate, may include alternative vehicles or the use of sub‑advisors and strategies such as covered options or short sales.
What is noteworthy compared with many peers is the firm’s affiliation with a full‑service CPA firm and the extent to which key principals devote substantial time to that accounting practice, allowing coordination of tax planning, charitable gifting, and estate work alongside investment advice while leaving clients free to use other tax advisors. The firm’s relatively large AUM concentrated across a modest client base, combined with this advisor–CPA relationship, indicates an emphasis on integrated tax and wealth planning for affluent households.
Client services
Expertise
Occupation focus
Fee options
Fixed fees may be charged for financial planning services in limited circumstances.
$0 - $1,000,000: 0.75% $1,000,000 - $2,000,000: 0.65% $2,000,000 - $3,000,000: 0.50% $3,000,000 - $4,000,000: 0.40% $4,000,000 - $5,000,000: 0.35% $5,000,000+: Negotiable
$300 per hour for financial planning services; negotiable based on complexity.
Account minimum: $1,000,000 Fee-only: Hourly fee of $300 (negotiable) for financial planning services; fixed fees may also be charged in limited circumstances.
Main office
5323 Spring Valley Rd, Suite 250
Dallas TX 75254
Advisors at this office
3
Most active in
Texas
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is active or affiliated with:
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
Is not active or affiliated with:
-
Insurance agent
They sell insurance products and may earn commissions on those sales.
-
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
-
Bank
They're affiliated with a bank that may offer its own financial products and services.
-
Trust company
They provide trust and estate administration services, typically for separate fees.
-
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
-
Lawyer
They provide legal services, typically billed separately.
-
Real estate agent
They facilitate real estate transactions and may earn commissions.
-
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Advisors at this firm
Michael P
CFP®
Dallas, TX
Daniels & Erickson Financial Advisors, LLC
Michael Pendleton is a CFP® professional with 17 years of experience, currently serving at Daniels & Erickson Financial Advisors, LLC since 2008. He is also a shareholder at Daniels & Erickson, P.C., where he is involved in practice management, tax planning, and tax return review. Daniels & Erickson serves a diverse client base including individuals, pension plans, trusts, estates, and business entities, providing portfolio management and financial planning with customized asset allocation and ongoing monitoring. The firm integrates tax and financial planning through its affiliation with a full-service CPA practice.
Clay D
Series 65
Dallas, TX
Daniels & Erickson Financial Advisors, LLC
Clay Daniels is a financial advisor at Daniels & Erickson Financial Advisors, LLC with 22 years of industry experience. He holds the Series 65 designation and has been with Daniels & Erickson since 2002. In addition to his advisory role, Daniels is an accountant at Daniels & Erickson, P.C., where he is involved in practice management, tax planning, and tax return review. Daniels & Erickson Financial Advisors provides portfolio management and financial planning services to individuals, high-net-worth households, trusts, estates, retirement plans, and business entities. The firm manages approximately $213.6 million for about 60 clients, employing a customized asset-allocation process with ongoing monitoring and rebalancing that incorporates both fundamental and technical analysis. The firm's affiliation with a full-service CPA practice allows coordination of tax planning, charitable gifting, and estate work alongside investment advice.
David N
CFP®
Dallas, TX
Daniels & Erickson Financial Advisors, LLC
David Nelson is a CFP® professional with 23 years of industry experience, currently serving at Daniels & Erickson Financial Advisors, LLC since 2002. He is also a shareholder and tax accountant at Daniels & Erickson, P.C., where he manages tax client relationships and prepares tax returns. Daniels & Erickson Financial Advisors provides portfolio management and financial planning services to individuals, high-net-worth households, trusts, estates, retirement plan participants, and business entities. The firm integrates its investment approach with tax planning through its affiliation with a CPA firm, focusing on customized asset allocation and ongoing portfolio management.
Not sure where to start?
We'll help you think it through—whether you ultimately need an advisor or not. Warmer helps you compare advisors clearly, so you can choose with confidence.
For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Advisors are independent and may not have reviewed or updated this information. Please review an advisor’s Form ADV and do your own diligence before deciding whether to work with them.
Advisor matching and introductions are provided by FinanceHQ LLC (“FHQ”), a wholly-owned subsidiary of Warmer and an SEC-registered investment advisor. We receive compensation from certain participating advisors for introductions or referrals. This creates a conflict of interest because we have an incentive to recommend advisors who compensate us, including those who pay us more. You pay no fee to use our matching service, and advisor fees are not increased because of a referral or introduction. We do not review the ongoing performance of advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.
By using our service, you agree to our Terms of Service and Advisory Agreement, and acknowledge our Privacy Policy. Please review FHQ’s ADV Part 2A and Form CRS. Logos provided by Logo.dev
© 2026 Warmer Holdings Inc. (“Warmer”)