Wealth manager, independent · Austin, TX
Austin Asset
Austin Asset Management Co · SEC-registered investment adviser · CRD 105441 · SEC 801-32217
At a glance
Austin Asset is an SEC-registered investment adviser based in Austin, Texas, with $1.9B in regulatory assets under management as of its Form ADV filed February 27, 2026. It reports 447 individual clients, 355 of them high-net-worth, holding an average of about $3.8 million each, and 21 employees. That ranks it 595th among the nation’s 5,657 independent wealth management RIAs and 36th of 367 in Texas. It reports 2 custodians for its clients’ separately managed accounts: Charles Schwab and Fidelity.
Main office 512-453-6622austinasset.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.9B
- Rank among independent wealth managers
- #595 of 5,657
- Rank among all SEC RIAs
- #3,786 of 17,210
- Rank in Texas
- #36 of 367
- Individual clients
- 447
- High-net-worth clients
- 355
- Accounts
- 1,974
- Discretionary
- 100% of AUM
- Employees
- 21
- Advisory staff
- 13
- Offices
- 1
Owners and executives on its Form ADV
- William E. HehmanChief Executive Officer
- Gregory S. Van WykExecutive Vice President
- Jonathan D. DavisonChief Compliance Officer & Chief Investment Officer
- William T. WikeShareholder
- Alexandra M. BequetteShareholder
- Allison L. LootsShareholder
Custody and brokerage
Broker-dealer
No broker-dealer ties
Austin Asset reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 355 | $1.6B | 88% |
| Charitable organizations | 11 | $178M | 9% |
| Individuals | 92 | $54M | 3% |
Disciplinary disclosures
Austin Asset reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
How it’s paid
- A percentage of assets under management
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗austinasset.com ↗
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Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 2,104 peers of its type and size
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- Owners and executives, with titles and stakes
- 6 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Texas
All of Texas →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Balefire, LLCDallas | $2.0B | 1,757 |
| Guidestone AdvisorsDallas | $2.0B | 2,087 |
| Cfo4lifeCoppell | $1.9B | 877 |
| Willis Johnson WealthHouston | $1.9B | 578 |
| RIA AdvisorsHouston | $1.8B | 1,235 |
| View Capital RIA, LPDallas | $1.8B | 135 |
Background
Questions
How much does Austin Asset manage?
Austin Asset reports $1.9B in regulatory assets under management across 1,974 accounts, 100% of it on a discretionary basis, on its Form ADV filed February 27, 2026.
How many clients does Austin Asset have?
It reports 447 individual clients: 355 high-net-worth individuals and 92 other individuals. Individuals account for about 91% of its regulatory assets.
Where is Austin Asset headquartered?
Its main office is in Austin, Texas. It reports 1 office in total and 21 employees, 13 of whom perform investment advisory functions.
How does Austin Asset charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; fixed fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Austin Asset use?
It reports 2 custodians for its clients’ separately managed accounts: Charles Schwab and Fidelity. On Schedule D of its Form ADV filed February 27, 2026, it reports these amounts held: Charles Schwab ($1.5B); Fidelity ($316M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Austin Asset a hybrid RIA with a broker-dealer?
Austin Asset reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Austin Asset a fiduciary?
As an SEC-registered investment adviser, Austin Asset owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is Austin Asset’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-02-27), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →