Finding a Top Financial Advisor Firm in Addison, Texas
If you’re on the hunt for a financial advisor in Addison, Texas, we can help. The SmartAsset team did some serious digging into registered investment advisors (RIAs) in the city to find the top ones. We compared and contrasted key details like fee structures, account minimums, investment philosophies and more. SmartAsset also provides a free financial advisor matching tool that can set you up with as many as three advisors who serve your area.
Find a Fiduciary Financial Advisor
We match more than 50,000 people with financial advisors per month. Get connected to an advisor that serves your area today.| Rank | Financial Advisor | Assets Managed | Minimum Assets | Financial Services | More Information |
|---|---|---|---|---|---|
| 1 | Spectrum Advisors, Inc.  Find an Advisor | $118,000,000 | $50,000 |
| Minimum Assets$50,000Financial Services
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What We Use in Our Methodology
To find the top financial advisors in Addison, we first identified all firms registered with the SEC in the city. Next, we filtered out firms that don't offer financial planning services, those that don't serve primarily individual clients and those that have disclosures on their record. The qualifying firms were then ranked according to the following criteria:
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AUMFirms with more total assets under management are ranked higher. -
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Individual Client CountFirms who serve more individual clients (as opposed to institutional clients) are ranked higher. -
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Clients Per AdvisorFirms with a lower ratio of clients per financial advisor are ranked higher. -
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Age of FirmFirms that have been in business longer are ranked higher.
All information is obtained through public records and is updated annually after the firms’ form ADV filing. This list may include firms that have a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. Such relationships have no impact on our rankings, and firms are included and ranked based strictly on the above criteria. SmartAsset is not a client of the aforementioned firms, and did not receive compensation for including any of the firms on the aforementioned list.
Spectrum Advisors, Inc.
Spectrum Advisors, Inc. is a fee-based firm based in Addison, Texas, which is just north of Dallas. The practice generally requires a minimum account size of $50,000 for investment advisory services. It should be noted that as a fee-based firm, Spectrum may receive a commission from third parties for advising certain investments. However, the firm has a fiduciary duty to each client in order to always put their needs first.
Spectrum Advisors Background
Spectrum Advisors was founded in May 1996 by Jon Michael Reppert. He and David Faulkner are the sole shareholders of the firm. The team consists of four advisors, including Managing Partner Toni Rabroker, who is a certified senior advisor. In addition to portfolio management services, Spectrum offers advice on such financial topics as:
- Estate planning
- Retirement savings
- Tax planning
Spectrum Advisors Investment Strategy
Advisors with Spectrum Advisors build portfolios based on the long-term financial goals and risk tolerance of the individual client. To meet these goals, the firm generally invests client assets across mutual funds, warrants, preferred stocks, options, government bonds, cash equivalents and more.
