Finding a Top Financial Advisor Firm in Oklahoma City, Oklahoma
Looking for a financial advisor can be grueling. SmartAsset made it easier for you by pouring hours of research into finding the top firms in Oklahoma City, Oklahoma. Our final list will give you an idea of what each firm offers and help you choose the one that best fits your needs. To find an individual advisor, use SmartAsset’s financial advisor matching tool, which will pair you up with financial advisors near you based on your needs. For information on every advisor in your area, explore SmartAdvisor Match.
|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||Exencial Wealth Advisors Find an Advisor||$2,104,855,556||No set account minimum; $7,500 minimum annual fee|| || |
Minimum AssetsNo set account minimum; $7,500 minimum annual fee
|2||Tom Johnson Investment Management Find an Advisor||$1,218,998,407|| |
| || |
|3||Vista Investment Partners Find an Advisor||$373,662,600||$1,000,000|| || |
|4||Align Wealth Management Find an Advisor||$295,600,000||$750,000 ($2 million for wrap fee program)|| || |
Minimum Assets$750,000 ($2 million for wrap fee program)
|5||Full Sail Capital, LLC Find an Advisor||$269,286,318||No set account minimum|| || |
Minimum AssetsNo set account minimum
|6||Castleview Wealth Advisors Find an Advisor||$146,751,000||Varies based on program|| || |
Minimum AssetsVaries based on program
|7||Comprehensive Financial Planning Find an Advisor||$127,454,900||No set account minimum; $500 minimum annual fee|| || |
Minimum AssetsNo set account minimum; $500 minimum annual fee
|8||Hughes Warren, Inc. Find an Advisor||$104,368,796||$100,000|| || |
How We Found the Top Financial Advisor Firms in Oklahoma City, Oklahoma
As a rule, the firms on our list are registered with the U.S. Securities and Exchange Commision (SEC). Financial advisors that are registered with the SEC are not only fiduciaries, but they’re also under government rules and regulations which can help protect clients. Taking it a step further, we discarded any firm with a disclosure or disciplinary issue or that didn’t manage individual accounts as part of its practice. The final list is ordered from most assets to least.
Exencial Wealth Advisors
At the top of our list is Exencial Wealth Advisors, a large firm with four offices across the U.S. In addition to Oklahoma City, Exencial Wealth Advisors has offices in San Antonio and Frisco in Texas and Old Lyme, Connecticut. This fee-based firm has more than $2.10 billion in assets under management (AUM). There are 24 advisors at the firm, including eight certified financial planners (CFPs), nine certified public accountants (CPAs), one enrolled agent (EA) and one certified investment management analyst (CIMA).
Exencial’s typical clients include high-net-worth individuals and families, trusts, estates, corporations, nonprofits and foundations. If you want to work with Exencial, you’ll have to pay a minimum annual fee of $7,500. The fee makes the most sense if you have at least $750,000 of investable assets.
Exencial Wealth Advisors Background
Founded in 2002, Exencial Wealth Advisors offers a suite of services, including wealth management, financial planning, 401(k) retirement plans and executive services.
Exencial’s Oklahoma City office has 18 employees. John Burns, the CEO, works from this office as well. Burns has more than 30 years of financial industry experience and is a certified financial planner (CFP).
Tim Courtney is the firm’s chief investment officer. He has more than 15 years of experience as an investment advisors. He is a certified investment management analyst (CIMA).
Exencial Wealth Advisors Investment Philosophy
According to SEC paperwork filed by Exencial, the firm’s main method of analysis is fundamental. Advisors evaluate investment price, expected income and returns and applicable risks. In addition to fundamental analysis, the firm uses what it calls the SELECT strategy when managing individual stocks. The acronym stands for: shareholders, environment, leadership, employees, customers and time. Each word is a way for the advisors to remember what to evaluate with each potential investment.
Like most financial advisors, Exencial emphasizes investing for the long term and the importance of broad diversification across asset classes.
Tom Johnson Investment Management
Founded in 1983, Tom Johnson Investment Management is the oldest firm on the list. It has nearly $1.22 billion in assets under management (AUM). Tom Johnson is the first fee-only firm on this list. Fee-only financial advisors have the most restricted compensation model, as the only money your advisor can earn is through the management fee percentage. That means the firm does not receive compensation of any kind for selling you insurance, mutual funds or other products.
Six advisors work for Tom Johnson. The team includes six chartered financial analysts (CFAs) and one financial risk manager (FRM). While the firm doesn’t have a strict asset minimum requirement, the general client has at least $100,000 of investable assets. Tom Johnson works with individuals, profit-sharing plans, foundations, pensions, public funds, corporations, sovereign funds, individual retirement accounts (IRAs) and 401(k) plans.
Tom Johnson Investment Management Background
Richard Parry owns the firm and serves as the president and chief investment officer. Before Tom Johnson Investment Management, he worked for First National Bank and Trust Company. He has an MBA from Oklahoma City University and is a chartered financial analyst (CFA).
The firm mainly offers investment management, specified fixed income and equity managed accounts.
Tom Johnson Investment Management Investment Strategies
As a client of Tom Johnson Investment Management, you’ll have the choice of three main portfolio strategies: equity, fixed income or balanced. Equity portfolios will hold about 30 to 50 securities that are diversified across at least eight of the 10 S&P sectors. Individual position sizes won’t exceed 5%. These portfolios generally don’t turnover more than 25% to 35% annually, to keep tax impacts to a minimum.
The fixed income strategy encompasses a portfolio built of bonds that pass TJIM’s screening and analysis criteria. The firm only purchases securities with a category A or better rating from Moody’s, S&P or Fitch.
The balanced strategy advocates a broadly diversified asset allocation. This means your portfolio’s assets are diversified across asset classes (stocks, bonds, cash equivalents, etc). Your portfolio will be tailored to your investment objectives, so the asset allocation will depend on your personal situation.
Vista Investment Partners
This fee-based firm has just four advisors on staff, including two certified financial planners (CFPs) and one wealth management specialist (WMS). Vista Investment Partners has more than $373.66 million in assets under management (AUM). You can find Vista Investment Partners offices in Oklahoma City and Richmond, Indiana.
Requiring new clients to have $1 million or more, Vista Investment Partners requires clients to have invest at least $1 million, the highest account minimum on this list. Vista Investment Partners’ clients are almost exclusively high-net-worth individuals.
Vista Investment Partners Background
Ronald Richardson formed the company in 2016 and is the sole owner. He’s worked in financial services since 1984 and was previously a senior vice president at Morgan Stanley Smith Barney. His firm includes one service associate and a chief compliance officer. Richardson takes care of all the portfolio management in this small financial advisor firm.
Services include: portfolio design and management, retirement planning, risk management, tax planning and wealth transfer.
Vista Investment Partners Investment Strategy
Vista uses “dynamic asset allocation.” This means allocating assets in response to the economical landscape and staying current on what’s happening around the world in the financial arena. The firm carefully balances risk with growth to create a balanced portfolio. For example, a portfolio might have 50% fixed income (bonds) and have 50% dedicated to growth (stocks). The growth portion would be allocated as:
- Large-Cap Value: 20%
- Large-Cap Growth: 20%
- Mid-Cap Value: 10%
- Mid-Cap Growth: 10%
- Small-Cap Value: 10%
- Small-Cap Growth: 10%
- International Value: 10%
- International Growth: 10%
Overall, the firm has six portfolio strategies. Each strategy corresponds with a risk and growth level and will match your financial objectives.
Align Wealth Management
Align Wealth Management is a fee-only firm, like three other firms on this list. The firm has the second-highest asset minimum on the list, asking new clients for at least $750,000 of investable assets. It works almost exclusively with high-net-worth individuals, with more than three-quarters of its business from these accounts.
The firm has four advisors, including three certified financial planners (CFPs) and one certified public accountant (CPA). The firm is headquartered in Oklahoma City and has an office in St. Petersburg, Florida.
Align Wealth Management Background
William Puckett, the firm's founder, is “triple board certified,” which is a rare feat. He is a certified financial planner (CFP), a certified public accountant with personal financial specialist credentials (CPA/PFS) and he’s an attorney.
Services offered include investment management, retirement management and 401(k) management.
Align Wealth Management Investment Philosophy
Align Wealth Management believes that capital markets are efficient, that risk control matters and that costs and taxes matter. Those three tenets feed into the firm’s overall philosophy of how to manage your portfolio.
Similar to most financial advisors, your portfolio will be exposed to numerous asset classes in order to reduce risk. Align Wealth diversifies across 12,000 securities, representing companies operating in 47 countries around the world. The firm also includes small-company stocks within portfolios to help maximize potential for returns.
As for keeping tax impact in mind when managing your portfolio, the firm stands behind its expertise from having two CPAs as advisors. As the firm says, “taxes can be a huge drag on performance.” Therefore, a priority is to minimize excessive taxes and costs.
Full Sail Capital, LLC
Full Sail Capital, LLC is a fee-only financial advisor firm with nearly $269.29 million in assets under management (AUM). There are two advisors on a staff that includes two certified trust and financial advisors (CTFAs) and one chartered financial analyst (CFA). Clients of Full Sail include an equal number of individuals and high-net worth individuals, plus a small number of charitable organizations.
The firm does not provide a minimum account size. Fees are based on a percentage of assets under management and the advisors do not earn commissions for selling insurance or securities.
Full Sail Capital, LLC Background
Full Sail Capital, LLC was registered as an advisor in February 2018. It is principally owned by Zachary Reynolds, David Stanley and Scott Cravens. Reynolds is the chief investment officer, Stanley is the chief executive officer and Cravens is the chief operating officer.
Services offered by the firm include:
- Wealth management
- Financial planning
- Retirement planning
- Estate planning
- Education planning
- Tax planning
- Cash flow planning
Full Sail Capital, LLC Investment Strategy
Recognizing that each client has a different situation and different goals, Full Sail Capital uses a goals-based portfolio management style to come up with a plan that works for each client.
The firm uses mean-variance optimization to create a diversified and efficient portfolio. Possible investments include stocks, bonds, mutual funds, exchange-traded funds (ETFs) and alternative investments.
Castleview Wealth Advisors
This fee-based firm requires an account size of at least $100,000 for its asset managmeent with Institutional Intelligent Portfolios program. Otherwise, there is a $5,000 annual fee for a private client advisory account.
Castleview Wealth Advisors has three advisors on staff and $146.75 million assets under management (AUM). The team includes two certified financial planners (CFPs).
Castleview Wealth Advisors Management Background
The firm was founded in 2015. Kendall King is the founder, owner and CEO of Castleview. He has 15 years of experience in the financial industry, and previously worked for UBS PaineWebber and The Legacy Financial Group. King is a CFP.
The firm specializes in “helping clients who are going through a major life transition with $2 million+ in liquid assets, and focuses on helping them become wealthier in retirement.”
Castleview Wealth Advisors Portfolio Management
Like most financial advisors, Castleview follows the tenets of modern portfolio theory. The main points are broad asset allocation across asset classes and investing for the long term. In addition, the firm follows four investment principles:
- Financial markets are extremely efficient
- Risk and return are related
- Broad global diversification
- Investor discipline
When planning your portfolio, advisors will keep this in mind. Your personal situation also matters for your investment plan. Advisors will discuss your current investments, your financial goals and objectives, retirement date, income, risk tolerance and other financial factors. The details you provide will help shape your asset allocation.
Comprehensive Financial Planning
Comprehensive Financial Planning was founded by David Evan, a certified financial planner (CFP), and has stayed a one-man firm ever since. The fee-based firm has more than $127.45 million in assets under management (AUM). It has no asset minimum but does charge a $500 minimum annual fee. More than three-quarters of the firm’s clients are individuals who are not high-net-worth.
You can find Comprehensive Financial Planning in northwestern Oklahoma City, but you can’t find the firm on the web. It’s one of the few financial advisor firms without a website or web presence.
Comprehensive Financial Planning Background
David Evans, the founder, owner and sole advisor at Comprehensive Financial Planning, has worked in financial services since 1982. Evans worked for Cigna IFS, Prudential and started his own firm in 1987. Since 1990, he’s run Comprehensive Financial Planning.
Comprehensive Financial Planning offers investment management and financial planning services to individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, and corporations or business entities.
Comprehensive Financial Planning Investment Strategy
Evans uses fundamental and technical analysis to evaluate investments. For research, he uses financial newspapers and magazines, corporate rating services, annual reports, prospectuses and SEC filings. In general, Evans’ investment strategy is preservation of capital weighed against return available. Your asset allocation and portfolio will depend on your current financial situation, risk tolerance, retirement horizon, cash-flow needs, income and more.
Hughes Warren, Inc.
Hughes Warren, Inc. is a fee-only firm with two advisors and nearly $104.37 million in assets under management (AUM). It has a minimum account size of $100,000 and charges fees for wealth planning based on a percentage of assets under management, with hourly rates charged for other services. Advisors do not make commissions for selling securities or insurance products.
Both advisors at the firm are certified financial planners (CFPs) and one of them is an accredited investment fiduciary (AIF).
Hughes Warren, Inc. Background
The firm was founded in 2007. It is principally owned by Theodore J. Hughes and Melinda M. Warren, both of whom work as advisors at the firm.
- Wealth planning
- Financial planning
- Investment portfolio management
- Tax analysis
- Insurance analysis and planning
- Education planning
- Estate planning
- Retirement planning
Hughes Warren, Inc. Investment Strategy
Hughes Warren uses factors including risk tolerance, objectives, time horizon, financial horizon and liquidity needs to create an individual investment plan for each client. Both long-term and short-term purchases may be used, depending on the security. A variety of analytical frames are used, including charting, fundamental, technical and cyclical.
Mutual funds are the primary investment type that Hughes Warren offers advice on. Other securities may also be used, though clients can ask advisors to not use a specific asset class.