Finding a Top Financial Advisor Firm in Oklahoma
Finding the right financial advisor is important -- but it can be a challenging undertaking. You need to find someone who will be a good fit for you and your family. While there are always a lot of factors to consider, this list of the top financial advisor firms in Oklahoma should provide you with the information you need to figure out which firm is going to be the right choice for you. If you’d like further guidance, you can use the SmartAsset’s free financial advisor matching tool to find an advisor in your area who’s a good fit for you.
|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||Capital Advisors, Inc. Find an Advisor||$2,267,069,035||$250,000|| || |
|2||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
|3||Tom Johnson Investment Management Find an Advisor||$1,191,482,234|| |
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|4||Bridgecreek Investment Management, LLC Find an Advisor||$650,000,000|| |
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|5||Pinnacle Investment Advisors Find an Advisor||$547,431,832||$250,000|| || |
|6||Gibraltar Capital Management Find an Advisor||$432,545,315||$500,000|| || |
|7||Vista Investment Partners Find an Advisor||$373,662,600||$1,000,000|| || |
|8||Cadent Capital Advisors, LLC Find an Advisor||$351,975,914|| |
No set account minimum
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No set account minimum
|9||Disciplined Investments, LLC Find an Advisor||$348,671,502|| |
Varies by account type
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Varies by account type
|10||The Legacy Financial Group Find an Advisor||$315,000,000||$100,000|| || |
How We Found the Top Financial Advisor Firms in Oklahoma
Only firms located in Arkansas that are registered with the U.S. Securities and Exchange Commission (SEC) were considered for the list, as all SEC-registered firms are bound by fiduciary duty to act in the best interest of the client. Also eliminated were any firms that had disclosures, along with those that don’t have financial planners on staff or don’t work with individual investors. Below are the top 10 financial advisor firms in the state of Arkansas, sorted by total assets under management (AUM), from highest AUM to lowest
Capital Advisors, Inc.
Capital Advisors is a Tulsa-based firm with more than $2.26 billion in assets under management (AUM), making it the largest firm on this list. It also ranked first on SmartAsset’s list of the top Tulsa financial advisor firms. The fee-only firm has 20 advisors on staff, including four chartered financial analysts (CFAs), three certified financial planners (CFP), one chartered alternative investment advisor (CAIA), one certified public accountant (CPA) and one certified divorce financial analyst (CDFA).
The firm serves a mix of individuals and high-net-worth individuals. It also does business with pension plans, charitable organizations and corporations. Clients must invest at least $250,000.
Capital Advisors, Inc. Background
Capital Advisors was founded in 1978. It is owned by employees, including CEO Keith Goddard, President Andy Brown and CFO Lori Smith. In addition to its Tulsa headquarters, the firm has offices in Oklahoma City, as well as in Alabama and Texas.
Services offered by Capital Advisors include commentary during volatile market times, individualized investment reports for each client, retirement planning, tax planning and insurance.
Capital Advisors, Inc. Investment Strategy
Capital Advisors creates an individual investment plan for each client. It doesn’t have a pre-planned menu of portfolios or a “one-size-fits-all” method. However, the firm does have a series of strategies that it bases investments on:
Managed equity growth strategy: focuses on long-term growth through domestic equity investments
- Managed equity dividend strategy: looks for dividend income
- Tactical asset allocation: has a global-multi asset strategy and focuses on ETFs
- Tactical global growth: invests globally for long-term growth
- Tactical global growth: seeks income and growth through global investments
- International growth: invests in international stocks for growth
The firm also has fixed-income strategies.
Exencial Wealth Advisors
Exencial Wealth Advisors is a fee-based firm headquartered in Oklahoma City. In addition to fees, advisors may earn commissions for the sale of insurance products. It is still a fiduciary though, and must make decisions in the best interest of the client.
This is the top-ranking firm on SmartAsset’s list of the top financial advisor firms in Oklahoma City. It has more than $2.10 billion in assets under management ((AUM) and 24 advisors on staff. That total includes eight certified financial planners (CFPs), nine certified public accountants (CPAs), one enrolled agent (EA) and one certified investment management analyst (CIMA).
The firm’s client base includes a fairly even mix of individuals and high-net-worth individuals. It also serves pension plans, charitable organizations, corporations and state or local municipal clients. There is technically no minimum account size, but a minimum annual fee of $7,500 makes it impractical for clients with less than $750,000 to invest.
Exencial Wealth Advisors Background
The firm's successor, Burns Advisory Group was founded in 2002. It would become known as Excencial Wealth Advisors in 2011 when it merged with Executive Financial Group. It is owned by Burns Wealth Management, a company based in Oklahoma City. In addition to its Oklahoma City headquarters, Exencial Wealth Advisors has offices in Texas and Connecticut.
Services offered by the firm include retirement planning, tax planning, estate planning and debt management. It can also help clients prepare for charitable giving.
Exencial Wealth Advisors Investment Strategy
The firm’s advisors create an individualized strategy for each client, based on their needs and situation. The advisor considers everything from taxes to insurance to estate planning needs to come up with the right plan for each investor.
Asset classes used by the firm include individual securities, fixed income securities, mutual funds, ETFs, private investments and cash.
Tom Johnson Investment Management
Tom Johnson’s Investment Management, LLC is a fee-only firm based in Oklahoma City. The firm has nearly $1.22 billion in assets under management (AUM). It employs six advisors. This includes six chartered financial analysts (CFAs) and one financial risk manager (FRM).
The firm works with a fairly even mix of individuals and high-net-worth individuals. It also has pension plans, charitable organizations and corporations as clients. There is technically no account minimum required, but the firm does not pursue accounts below $100,000.
Tom Johnson Investment Management, LLC Background
Tom Johnson Investment Management was founded in 1983 by a group of people who had worked together in the trust department of another bank. In 1992, the firm was sold to United Asset Management, which in 2000 was purchased by Old Mutual. In 2003, one of the firm’s principals, Richard H. Parry, bought the firm back. Parry also works at the firm as the president and chief investment officer.
Services offered by the firm include retirement services and portfolio reporting. In 2016, the firm was named Fixed Income Manager of the Year by Investment Advisor Magazine and Envestnet.
Tom Johnson Investment Management, LLC Strategy
Tom Johnson Investment Management prides itself on having a conservative investing philosophy. It manages risk by using no derivatives and no leverage, and by limiting exposure to any one sector of the economy. It aims to have 25% to 30% annual turnover. Investments commonly used in client portfolios include stocks, mutual funds and ETFs.
The firm also has a fixed-income strategy. This strategy uses Barclays’ indexes to create a reliable portfolio for those clients who prefer a fixed-income approach.
Bridgecreek Investment Management, LLC
Bridgecreek Investment Management, LLC is a fee-only firm based in Tulsa. It has $650 million in assets under management. The firm has two advisors on staff, both of whom are chartered wealth managers (CWMs) and chartered investment management analysts (CIMAs).
The firm works almost exclusively with high-net-worth individuals. It does advise a small number of charitable organizations, but no individuals without a high net worth. A minimum investment of $1.50 million is required to open or maintain an account.
Bridgecreek Investment Management, LLC Background
Bridgecreek Investment Management, LLC was founded in 2004. The primary owners are L. Charles Fuller and Brian G. Carney, who are also the two advisors working at the firm (and the only employees, other than an executive assistant). Both of the advisors have been involved in investment management for more than 20 years. Fuller was named one of the Top 1,200 Financial Advisors in the United States by Barron’s in 2017. Carney received the same honor in 2015.
Services offered by the firm include a no-cost consultation, tax efficiency and individual portfolio assessment.
Bridgecreek Investment Management, LLC Investment Strategy
Balance is the name of the game for Bridgecreek Investment Management. Advisors seek to put together a diverse portfolio for clients that considers taxes and strives for low account loads.
Clients are invested in a broad variety of investment types. These include both domestic and international equities, corporate bonds, U.S. Treasuries, commodities and real estate. Investments may be made through mutual funds, exchange-traded funds (ETFs) and hedge funds.
Pinnacle Investment Advisors is a fee-only firm in Tulsa managing more than $547.43 million for clients. Though the firm has some high-net-worth accounts, the majority of its individual clients are not high-net-worth individuals. Pinnacle also manages institutional money for pooled investment vehicles, pension and profit-sharing plans, charitable organizations, state or municipal government entities and Indian tribal entities.
There are eight advisors on staff, including one certified financial planner (CFP), one certified investment management analyst (CIMA) and one chartered financial analyst (CFA). The minimum investment for Pinnacle clients is $250,000. Fees are based on a percentage of assets under management, and the rate depends on which portfolio strategy you use. Though there is one employee at Pinnacle who is also a licensed insurance agent, the firm does not make money from commissions.
Pinnacle Investment Advisors Background
The firm was founded in 1996. Pinnacle’s two managing partners are R. Brett Kramer and David Poarch, both advisors. The firm does not provide further ownership information.
- Investment management
- Financial planning services
- Retirement planning
- Risk planning
- Estate planning
- Tax planning and management
- Cash flow management
Pinnacle Investment Advisors Investment Strategy
There are six model portfolios offered at the firm:
- Intermediate Bond Portfolio: focused on U.S. government and high-quality corporate bonds
- Tax Exempt Bond Portfolio: focused on highest quality municipal bonds
- Convertible Securities/High Yield Strategies: focused on a diversified portfolio of convertible securities
- Blue Chip Strategy: passively managed and seeks to match Dow Industrials
- Small Cap Value Strategy: invests in a diversified mix of small companies
- Master Limited Partnership Strategy: focused on master limited partnerships able to increase distributions on a consistent basis
Gibraltar Capital Management
Tulsa’s Gibraltar Capital Management is a fee-only firm managing more than $432 million. It has six advisors on staff, including three chartered financial analysts (CFA) and two certified financial planners (CFPs). It has a mix of high-net-worth and other individual clients, plus institutional clients including pooled investment vehicles, pension and profit-sharing plans, charitable organizations and other corporations.
The minimum account size required is $500,000. The fees for wealth management are based on a percentage of assets under management, and advisors do not earn commissions for selling products to customers.
Gibraltar Capital Management Background
James Redman and McCrary “Mac” Lowe formed Gibraltar in 2002. They both remain the principals of the firm.
Gibraltar’s services include:
- Investment advising
- Business consulting
- Financial planning
- Tax planning
- Banking management
- Philanthropy support
- Estate planning
Gibraltar Capital Management Investment Strategy
Active management is at the heart of Gibraltar Capital Management’s investment strategy. The firm believes that there are ways to find catalysts in the market that will create value for customers. It isn’t a market-timing operation, though, as sometimes advisors will hold stocks for years in client portfolios.
Low-expectation stocks are key to the firm’s strategy as well. The firm believes that bad news won’t create big dips for these securities while good news could create an even bigger potential reward.
Vista Investment Partners
Vista Investment Partners, LLC is a fee-based firm based in Oklahoma City. In addition to fees, advisors may earn a commission on insurance products they sell clients. In that case, no advisory fee would be paid on that particular pool of assets. The firm is still a fiduciary, which means it must make decisions in the best interest of the client.
There are four advisors working at the firm, including two certified financial planners (CFPs) and one wealth management specialist (WMS). The firm works primarily with individuals, though it does have a good number of high-net-worth individual clients. It also advises some pension plans and corporations. There is an investment minimum of $1 million.
Vista Investment Partners, LLC Background
Vista Investment Partners, LLC was founded in 2009 and became a registered investment advisor in 2017. The firm is principally owned by Ronald Richardson, who also serves as the company’s senior portfolio manager and managing director. In addition to its headquarters in Oklahoma City, the firm has an office in Indiana.
Services the firm offers include portfolio management, retirement planning, risk management, tax planning and wealth transfer. It also publishes newsletters and has a suite of tools available to help clients make financial decisions.
Vista Investment Partners, LLC Investment Strategy
Vista Investment Partners’ process starts with a conversation with each potential client that’s focused more on their life and personal situation than on their finances. From there, a strategy is formed for each client and their family.
Generally, the advisors prefer a balanced approach. A 50/50 split between fixed income investments and growth investments is the standard. On the growth side of the portfolio, assets are distributed between large-cap, mid-cap, small-cap and international investments. The firm also has a “growth of income” portfolio that’s designed to provide consistent income while also creating moderate growth.
Cadent Capital Advisors, LLC
Cadent Capital Advisors, LLC is a fee-based firm located in Tulsa. In addition to fees, advisors can earn commissions from selling certain securities and investment products to clients. This can create a conflict of interest, but the firm is still bound by fiduciary duty to act in the client’s best interest.
Cadent has nearly $351.98 million in assets under management (AUM). There are six advisors on staff, including two certified financial planners (CFPs), two accredited investment fiduciaries (AIFs), one chartered financial consultant (ChFC) and one chartered retirement financial consultant (CRPC).
The firm works mostly with individuals but also does business with high-net-worth individuals. In addition, it serves some pension plans, charitable organizations and corporations. There is no minimum investment required.
Cadent Capital Advisors LLC Background
Cadent Capital Advisors was founded in 2012. It is principally owned by Philip Mooberry, who also serves as the managing director. Prior to founding the firm, Mooberry owned and operated various Allstate agencies.
Services offered by the firm include investment management, wealth planning, cash flow management, tax planning and estate planning. The firm develops individualized reports for each client to be completely transparent about their portfolio and current financial situation.
Cadent Capital Advisors LLC Investment Strategy
Advisors at Cadent Capital use charting analysis, fundamental analysis and technical analysis when making investment decisions. The firm employs both long-term and short-term trading, in addition to short-selling and margin transactions.
Investments typically used in client portfolios include mutual funds, equities, fixed-income, ETFs, real estate, commodities and options. The firm also employs modern portfolio theory.
Disciplined Investments, LLC
Disciplined Investments, LLC is a fee-only firm based in Tulsa. It has more than $348.67 million in assets under management (AUM). The firm has four advisors on staff, including at least one certified financial planner (CFP). The firm does not make any money from commissions and is paid entirely by the client, avoiding any potential conflicts of interest.
The firm services a fairly even mix of individuals and high-net-worth individuals. It also has a few charitable organizations and other corporations as clients. There is no account minimum for hourly services.
Disciplined Investments LLC Background
Disciplined Investments, LLC was founded in 2001. It is principally owned by HoganTaylor LLP, a tax and accounting firm. Disciplined Investment’s website is part of the HoganTaylor general site.
Services offered by Disciplined Investments include defined contribution planning, executive planning, insurance consulting, retirement planning and planning for education funding and charitable giving. In addition, HoganTaylor offers tax services, litigation support and risk assurance. It also helps with employee benefit plans and human capital strategies.
Disciplined Investments LLC Investment Strategy
Academic research is the bedrock of Disciplined Investment’s strategy. The firm believes in creating diverse portfolios that have consistent levels of exposure to various risk factors across the market. It does not engage in risky market predictions, instead focusing on controlling cost, long-term investments and tax efficiency.
Each client’s portfolio is customized based on their goals, life situation, risk tolerance and other outside investments. Typical investments used in client portfolios could include mutual funds, exchange-traded funds (ETFs) and equities.
The Legacy Financial Group
The Legacy Financial Group, a fee-based financial advisor firm in Tulsa, has $315 million in assets under management (AUM). Most of its clients are individuals that are not high-net-worth, though hundreds of its clients are high-net-worth individuals. There are no institutional clients at Legacy. The minimum account size required is $100,000.
There are five advisors on staff, including one certified public accountant (CPA), one chartered financial analyst (CFA) and one certified financial planner (CFP). Fees for portfolio management services, including financial planning, are based on a percentage of assets under management. Some advisors at the firm can make commissions from selling insurance products to clients. Though this is a conflict of interest, advisors are bound by fiduciary duty to act in the best interest of the client.
The Legacy Financial Group Background
The Legacy Financial Group was founded in 2005, but it is a successor to a firm formed in 2000. Three of Legacy’s advisors, Randall J. Cloud, Kevin M. King and Jeffrey Maxwell, are the firm's principal owners.
Legacy’s services include:
- Portfolio management
- Pension consulting
- Estate planning
- Retirement planning
- Financial planning
The Legacy Financial Group Investment Strategies
These are the four principles that Legacy keeps at its core:
- Markets are efficient.
- Risk relates to return.
- Diversification matters.
- Be disciplined.
Modern portfolio theory, which has a long-term focus on finding market returns, is one of the key tenets of the firm's strategy.
The firm uses mutual funds and individual securities, including fixed-income securities, in client portfolios.