Wealth manager, independent · Austin, TX
Austin Wealth Management, LLC
SEC-registered investment adviser · CRD 172793 · SEC 801-117954
At a glance
Austin Wealth Management, LLC is an SEC-registered investment adviser based in Austin, Texas, with $1.1B in regulatory assets under management as of its Form ADV filed September 27, 2026. It reports 580 individual clients, 189 of them high-net-worth, holding an average of about $1.1 million each, and 18 employees. That ranks it 1013th among the nation’s 5,657 independent wealth management RIAs and 66th of 367 in Texas. It reports Charles Schwab as the custodian for its clients’ separately managed accounts.
Main office 512-467-2000austinwealthmgmt.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.1B
- Rank among independent wealth managers
- #1,013 of 5,657
- Rank among all SEC RIAs
- #5,127 of 17,210
- Rank in Texas
- #66 of 367
- Individual clients
- 580
- High-net-worth clients
- 189
- Accounts
- 3,034
- Discretionary
- 91% of AUM
- Employees
- 18
- Advisory staff
- 11
- Offices
- 1
Owners and executives on its Form ADV
- Kevin X. SmithManaging Principal / CEO
- Derek D. RippManaging Principal / CCO
Custody and brokerage
Broker-dealer
Hybrid RIA
Austin Wealth Management, LLC is a hybrid RIA: 1 of its employees are also registered representatives of a broker-dealer.
Its Form ADV brochure (filed September 2026) names Purshe Kaplan Sterling Investments as the broker-dealer its advisers are registered with.
Smith is a registered representative of Purshe Kaplan Sterling Investments (“PKS”).
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 189 | $503M | 46% |
| Other | 2 | $425M | 39% |
| Individuals | 391 | $123M | 11% |
| Pension and profit sharing plans | 47 | $32M | 3% |
Disciplinary disclosures
Austin Wealth Management, LLC 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
- Pension consulting
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗austinwealthmgmt.com ↗
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The full record on Austin Wealth Management, LLC
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, 5 years of filings
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- Growth over one, three and five years
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- Rank against 3,341 peers of its type and size
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- Owners and executives, with titles and stakes
- 2 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 |
|---|---|---|
| The Clarus GroupHouston | $1.1B | 613 |
| Integrity Advisory SolutionsDallas | $1.1B | 2,387 |
| Coppell Advisory Solutions LLCDallas | $1.1B | 8,848 |
| Uptick Partners, LLCNacogdoches | $1.1B | 1,135 |
| Sequent Asset Management, LLCHouston | $1.1B | 314 |
| Paragon Financial AdvisorsCollege Station | $1.0B | 437 |
Background
Questions
How much does Austin Wealth Management, LLC manage?
Austin Wealth Management, LLC reports $1.1B in regulatory assets under management across 3,034 accounts, 91% of it on a discretionary basis, on its Form ADV filed September 27, 2026.
How many clients does Austin Wealth Management, LLC have?
It reports 580 individual clients: 189 high-net-worth individuals and 391 other individuals. Individuals account for about 58% of its regulatory assets.
Where is Austin Wealth Management, LLC headquartered?
Its main office is in Austin, Texas. It reports 1 office in total and 18 employees, 11 of whom perform investment advisory functions.
How does Austin Wealth Management, LLC 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 Wealth Management, LLC use?
It reports Charles Schwab as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed September 27, 2026, it reports these amounts held: Charles Schwab ($1.1B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Austin Wealth Management, LLC a hybrid RIA with a broker-dealer?
Austin Wealth Management, LLC is a hybrid RIA: 1 of its employees are also registered representatives of a broker-dealer. Those representatives can also earn commissions on brokerage business through the broker-dealer, where different rules apply than for advisory accounts.
Is Austin Wealth Management, LLC a fiduciary?
As an SEC-registered investment adviser, Austin Wealth Management, LLC owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. 1 of its employees are also registered representatives of a broker-dealer, where different rules apply to brokerage recommendations.
Where these numbers come from
Every figure is Austin Wealth Management, LLC’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 (2026-09-27), 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 →