The Top Financial Advisors in Texas

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Fisher Investments, a global money management firm headquartered in Plano, Texas, is the top-rated advisory firm in the Lone Star State. The fee-only financial advisor has the largest amount in assets under management (AUM) of any firm on this list. The firm's AUM is on a discretionary basis only. With clients spread across the U.S., Europe, Canada, Asia and the Middle East, the firm serves more than 160,000 individual clients and hundreds of institutional clients.

Though it generally calls for a $500,000 account minimum, the firm may selectively accept a lower minimum of $200,000 for its WealthBuilder accounts. High-net-worth clients still comprise the largest percentage of its client base, though Fisher Investments also works with pooled investment vehicles, charitable organizations, state or municipal government entities and other investment advisors.

Fisher Investments' services for private clients include portfolio management, annuity conversion, financial planning and retirement planning. Its portfolio management services are divided into three categories, that include equity accounts, fixed-income accounts and balanced accounts. 

Fisher Investments takes a flexible and forward-looking approach to investing, tailoring portfolios to client needs and adjusting strategies based on market conditions. The firm seeks global opportunities across asset classes, including equities, fixed-income securities, structured products, and derivatives. The firm uses investment benchmarks to help construct portfolios, manage risk and monitor performance.

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Luthor King Capital Management is a fee-based firm that offers services to a variety of clients that includes individuals, trusts, estates, charitable organizations, government entitites, corporations and other business entities. Its advisors provide investment management, financial planning, separately managed portfolios and other services. 

Depending on what type of product or services you're interested in, there might be a variety of minimum required assets and fees. The firm charges a management fee at a specified annual percentage rate of each portfolio’s assets under management (AUM). This typically ranges from 0.25% - 1%. 

The firm offers clients several equity, fixed income and alternative investment strategies. These investment strategies are generally available through separately managed portfolios, the LKCM Funds, the LKCM Partnerships and/or the Single-Investment Partnerships. 

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HUB Investment Partners, formerly known as TCG Advisory Services, takes the next spot on our list of the top financial advisory firms in Texas. The Austin-based firm and its advisors work with a variety of clients, but primariyl focus on individuals and high-net-worth individuals. HUB also serves banks, investment companies, pensions and profit sharing plans, charities, government entities, corporations and other business entities.

HUB specializes in portfolio management, but it provides a few different kinds of portfolio management. Clients can take advantage of model portfolios, management programs and robo-advisor services. HUB also offers financial planning and retirement planning services.

HUB offers a range of portfolio management options for both retail clients and high-net-worth individuals, tailoring cash, equity and fixed-income allocations to meet specific client objectives and risk tolerance. Their strategies involve various investments, such as individual securities, ETFs, mutual funds, and closed-end funds, and can be customized as needed. Regular portfolio reviews ensure alignment with client goals.

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U.S. Capital Wealth Advisors is the top-rated firm in Houston and one of the highest-rated advisors in the Lone Star State. U.S. Capital Wealth requires clients to have a minimum of $50,000 in investable assets. As a result, the majority of its clients are individuals below the high-net-worth threshold. Previously operating under the name USCA RIA, LLC, the firm also serves high-net-worth individuals, pensions, profit-sharing plans, charities and corporations.

U.S. Capital Wealth is considered a fee-based advisory firm because its advisors, who are also licensed insurance agents and representatives of a broker/dealer, can earn commissions on specific transactions. However, as a fiduciary, the firm is obligated to act in its clients' best interests despite these potential conflicts of interest.

U.S. Capital Wealth Advisors offers financial planning and portfolio management services, managing assets on both a discretionary and non-discretionary basis. While the firm previously offered a wrap fee program that charged a single fee for a suite of services, it no longer appears to provide this program. U.S. Capital Wealth tailors its investment strategies based on clients’ needs, goals and objectives. The firm utilizes fundamental, technical and quantitative methods of analysis, along with statistical tools and valuation methodologies, to develop investment advice.

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Retirement Planners of America is a fee-based firm located in the Dallas suburb of Plano. In addition to client fees, advisors at the firm may earn commissions from selling insurance products or securities. While this form of compensation represents a conflict of interest, they are still bound by fiduciary duty requiring them to always act in the best interest of the client.

The firm’s business mainly comes from individual accounts, though it also manages money for high-net-worth individuals. The firm also provides advice for pension and profit sharing plans. It has no set account minimum. The firm’s services include financial planning, investment management, retirement advice, family legacy planning, Medicare and long-term planning, income tax planning and education. Moraif hosts the “Money Matters with Ken Moraif” radio show.

Retirement Planners of America designs a personalized portfolio for each client based on his or her financial situation and investment preferences. It meets frequently with clients to go over results and check in on goals. The firm regularly rebalances portfolios to cut down on volatility. Investments include mutual funds, fixed and variable annuities, insurance products, exchange-traded funds (ETFs) and individual securities. The firm has both buy and sell strategies.

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LeafHouse Financial Advisors is a fee-based advisory firm located in Austin, Texas. Founded in 2009, the firm generally does not impose a minimum account size for establishing an advisory relationship. LeafHouse works with individuals, high-net-worth individuals, businesses, ERISA and non-ERISA retirement plans, collective investment trusts and other financial professionals.

LeafHouse states that it is compensated only for advice and investment management and does not receive commissions for transactions in client accounts. Managing Member Todd Kading is also a licensed insurance professional and may receive commissions in a separate capacity as an independent insurance agent. This represents a potential conflict of interest, though the firm is bound by fiduciary duty and must act in its clients' best interests.

LeafHouse provides investment advisory services, financial planning by invitation only, planning and consulting services, hourly advisory services, retirement plan consulting, fiduciary services for retirement plans, collective investment trust advisory services, managed account programs and investment management model programs.

LeafHouse uses fundamental analysis, technical analysis, investment manager due diligence and cyclical analysis to develop investment advice. The firm may use asset allocation models across equity, fixed-income and money market investments, with risk-based model portfolios ranging from conservative to aggressive.

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49 Wealth Management, which does business as 49 Financial, is a fee-based advisory firm located in Austin, Texas. The firm generally requires a $25,000 account minimum for investment management, though this minimum may be waived at the firm’s discretion. It works with individuals, high-net-worth individuals, trusts, estates, corporations and other business entities, as well as pension and profit-sharing plans.

The firm’s services include financial planning, investment management, retirement planning, tax and cash flow planning, trust and estate planning, insurance planning, education planning, business planning and retirement plan consulting.

49 Wealth Management generally uses diversified long-term asset allocation based on Modern Portfolio Theory. Its investment process may include fundamental, cyclical, technical and behavioral finance analysis. Portfolios may include mutual funds, exchange-traded funds, structured notes, annuities, alternative investments, third-party managers and model portfolios, and the firm typically reviews portfolios for tactical rebalancing quarterly, with rebalancing at least semiannually.

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Frost Investment Services is a fee-based firm headquartered in San Antonio, Texas. The firm was established in 2016 and registered with the SEC in 2017. Frost Investment Services works with individuals, families, trusts, estates, charitable organizations, corporations and other business entities.

The firm generally requires $25,000 for its Fund Strategist Portfolio Program and Optimum Asset Allocation Strategy. It may also require $250,000 for its Advisor Model Management Program and Unified Managed Accounts Program, though investment managers may impose higher minimums depending on the securities and services provided.

The firm's services include financial planning, portfolio management, retirement planning, education savings accounts, donor-advised funds, alternative investments and tax overlay services. In addition to client fees, some advisors may earn commissions through affiliated brokerage or insurance relationships, which represents a potential conflict of interest.

Frost Investment Services generally builds portfolios using risk-rated asset allocation models made up of mutual funds and ETFs. Depending on the program, portfolios may also include individual securities, bonds, separately managed account strategies and multiple investment sleeves within a unified managed account. 

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Cain, Waters & Associates is a fee-based frim in Frisco offering the services of financial planning, business planning, retirement planning and other advisory services. The firm charges fixed fees, hourly charges and a percentage of assets under management for its advisory services. The AUM fees often fall between 0.50% - 1%. 

The firm works with individuals, professional entities and trustees/plan sponsors of pension and profit-sharing plans. You'll need at least $100k of investable assets to work with the firm's advisors. 

Cain, Waters & Associates offers investment management services by referring clients to Pooled Investment, UMA, SMA, and Participant Directed programs. We will assist our clients in selecting an appropriate allocation and determining an investor profile. The investor profile and the entire financial planning process will help us recommend an asset allocation strategy. 

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Intrua Financial is a fee-based firm located in Houston, Texas. The firm works with individuals, high-net-worth individuals, families, trusts, estates, businesses, charitable organizations and retirement plans. Intrua generally requires a $10,000 minimum account opening balance for general asset management, though this minimum may be negotiable. Minimums for LPL Financial programs range from $5,000 for Guided Wealth Portfolios to $100,000 for Manager Access Select.

Intrua is considered a fee-based advisory firm because certain advisory personnel may earn commissions from insurance or securities product sales in addition to advisory fees. While this form of compensation represents a potential conflict of interest, the firm is bound by fiduciary duty and must act in its clients’ best interests.

Intrua offers wealth management, asset management, retirement planning, risk management, investment consulting, estate and legacy planning, tax strategy, financial planning and qualified retirement plan advisory services. The firm also provides held-away account services, investment policy statement creation and access to third-party money manager programs through LPL Financial.

The firm's investment approach may include fundamental analysis, Modern Portfolio Theory, technical analysis and cyclical analysis. The firm may use long-term purchases, short-term purchases, trading, short sales and margin transactions, depending on the client’s needs and portfolio strategy.