Wealth manager, independent · Houston, TX
Icon Wealth Partners
Icon Wealth Advisors, LLC · SEC-registered investment adviser · CRD 319609 · SEC 801-125893
At a glance
Icon Wealth Partners is an SEC-registered investment adviser based in Houston, Texas, with $2.6B in regulatory assets under management as of its Form ADV filed April 9, 2026. It reports 617 individual clients, 341 of them high-net-worth, holding an average of about $4.0 million each, and 22 employees. That ranks it 435th among the nation’s 5,657 independent wealth management RIAs and 22nd of 367 in Texas. It reports Fidelity as the custodian for its clients’ separately managed accounts.
Main office 713-904-5020iconwp.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $2.6B
- Rank among independent wealth managers
- #435 of 5,657
- Rank among all SEC RIAs
- #3,111 of 17,210
- Rank in Texas
- #22 of 367
- Individual clients
- 617
- High-net-worth clients
- 341
- Accounts
- 4,150
- Discretionary
- 100% of AUM
- Employees
- 22
- Advisory staff
- 15
- Offices
- 2
Owners and executives on its Form ADV
- Brooks H. McGeeManaging Partner
- Blake A. PratzFounder and Managing Partner
- Mark B. McAdamsFounder and Managing Partner
- Stephen T. SchwarzbachFounder and Managing Partner
- James A. PavlikManaging Partner
- Adam J. RebackChief Compliance Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
Icon Wealth Partners is a hybrid RIA: 8 of its employees are also registered representatives of a broker-dealer. It reports a broker-dealer among its affiliates on Form ADV.
Its Form ADV brochure (filed March 2026) names Purshe Kaplan Sterling Investments as the broker-dealer its advisers are registered with.
BROKER DEALER AFFILIATION Certain of Icon's advisory personnel are also registered representatives of Purshe Kaplan Sterling Investments, Inc, ("PKS"), a securities broker-dealer and FINRA member firm (CRD No. 35747).
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 341 | $2.4B | 93% |
| Individuals | 276 | $103M | 4% |
| Charitable organizations | 6 | $48M | 2% |
| Corporations or other businesses | 6 | $31M | 1% |
Disciplinary disclosures
Icon Wealth Partners 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
- Selecting other advisers
- Other services
How it’s paid
- A percentage of assets under management
- Other
Form ADV and brochures on the SEC’s adviser search ↗iconwp.com ↗
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The full record on Icon Wealth Partners
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, 3 years of filings
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- Growth over one, three and five years
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- Rank against 1,570 peers of its type and size
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- 6 namedLocked
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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 |
|---|---|---|
| Legacy Knight MFO, LLCDallas | $2.8B | 20 |
| Paul Comstock PartnersHouston | $2.8B | 109 |
| Titleist Asset Management, LLCSAN Antonio | $2.8B | 2,103 |
| Warwick PartnersBryan | $2.5B | 253 |
| Oxbow Advisors, LLCAustin | $2.5B | 688 |
| Requisite Capital Management LLCDallas | $2.4B | 218 |
Background
Questions
How much does Icon Wealth Partners manage?
Icon Wealth Partners reports $2.6B in regulatory assets under management across 4,150 accounts, 100% of it on a discretionary basis, on its Form ADV filed April 9, 2026.
How many clients does Icon Wealth Partners have?
It reports 617 individual clients: 341 high-net-worth individuals and 276 other individuals. Individuals account for about 97% of its regulatory assets.
Where is Icon Wealth Partners headquartered?
Its main office is in Houston, Texas. It reports 2 offices in total and 22 employees, 15 of whom perform investment advisory functions.
How does Icon Wealth Partners charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; other. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Icon Wealth Partners use?
It reports Fidelity as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed April 9, 2026, it reports these amounts held: Fidelity ($2.6B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Icon Wealth Partners a hybrid RIA with a broker-dealer?
Icon Wealth Partners is a hybrid RIA: 8 of its employees are also registered representatives of a broker-dealer. It reports a broker-dealer among its affiliates on Form ADV. Those representatives can also earn commissions on brokerage business through the broker-dealer, where different rules apply than for advisory accounts.
Is Icon Wealth Partners a fiduciary?
As an SEC-registered investment adviser, Icon Wealth Partners owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. 8 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 Icon Wealth Partners’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 (2026-04-09), 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 →