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Practice Management > Building Your Business

Paul Hixson

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Financial Management Professionals

4841 Ihles Road

Lake Charles, Louisiana 70605


Year Practice Began: 1987

Number of advisors in firm: 7

Number of clients: 500 (approximately)

Compensation method: fee-only

Fee for managing assets: Starts at 1% and drops as assets climb

Fee for creating a financial plan: $1,200 to $2,500

Designation: CFP

Clientele: small businesses and individuals, including medical professionals and refinery retirees

Education: Bachelor of business administration, Baylor University

Previous incarnations: worked for Magnolia Financial Corp., another family-owned business, whose operations included the acquisition and operation of insurance companies and funeral homes in 14 states

Outside interests: Tennis with teenage daughter and playing on lawn with 6-year old, Christian outreach, running, community service


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