Wealth manager, independent · Dallas, TX
Perryman Financial Advisory, Inc.
SEC-registered investment adviser · CRD 107653 · SEC 801-48109
At a glance
Perryman Financial Advisory, Inc. is an SEC-registered investment adviser based in Dallas, Texas, with $1.0B in regulatory assets under management as of its Form ADV filed March 31, 2026. It reports 510 individual clients, 230 of them high-net-worth, holding an average of about $1.9 million each, and 8 employees. That ranks it 1079th among the nation’s 5,657 independent wealth management RIAs and 70th of 367 in Texas. It reports Charles Schwab as the custodian for its clients’ separately managed accounts.
Main office 972-770-4800billperryman.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.0B
- Rank among independent wealth managers
- #1,079 of 5,657
- Rank among all SEC RIAs
- #5,307 of 17,210
- Rank in Texas
- #70 of 367
- Individual clients
- 510
- High-net-worth clients
- 230
- Accounts
- 526
- Discretionary
- 100% of AUM
- Employees
- 8
- Advisory staff
- 6
- Offices
- 1
Owners and executives on its Form ADV
- William D. PerrymanPresident, Secretary, Treasurer
- James S. PerrymanShareholder, Chief Compliance Officer
- Debra A. Keitzer OutlawShareholder
Custody and brokerage
Broker-dealer
Hybrid RIA
Perryman Financial Advisory, Inc. is a hybrid RIA: 6 of its employees are also registered representatives of a broker-dealer. It names an affiliated broker-dealer: Perryman Securities, Inc..
- Perryman Securities, Inc. ↗CRD 116502
It doesn’t hold client accounts or customer funds itself. Its annual audited report filed with the SEC, November 2025
Its Form ADV brochure (filed March 2026) names Perryman Securities as the broker-dealer its advisers are registered with.
Advisory agents of our Firm are also registered with Perryman Securities, Inc., member FINRA/SIPC, an affiliated broker/dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 230 | $838M | 82% |
| Individuals | 280 | $153M | 15% |
| Pension and profit sharing plans | 16 | $33M | 3% |
Disciplinary disclosures
Perryman Financial Advisory, Inc. 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
- Hourly charges
- Fixed fees
- Commissions
Form ADV and brochures on the SEC’s adviser search ↗billperryman.com ↗
AtlasMembers
The full record on Perryman Financial Advisory, Inc.
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 3,470 peers of its type and size
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- Owners and executives, with titles and stakes
- 3 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 |
|---|---|---|
| Uptick Partners, LLCNacogdoches | $1.1B | 1,135 |
| Sequent Asset Management, LLCHouston | $1.1B | 314 |
| Paragon Financial AdvisorsCollege Station | $1.0B | 437 |
| Teamwork Financial Advisors, LLCSAN Antonio | $1.0B | 2,480 |
Background
Questions
How much does Perryman Financial Advisory, Inc. manage?
Perryman Financial Advisory, Inc. reports $1.0B in regulatory assets under management across 526 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 31, 2026.
How many clients does Perryman Financial Advisory, Inc. have?
It reports 510 individual clients: 230 high-net-worth individuals and 280 other individuals. Individuals account for about 97% of its regulatory assets.
Where is Perryman Financial Advisory, Inc. headquartered?
Its main office is in Dallas, Texas. It reports 1 office in total and 8 employees, 6 of whom perform investment advisory functions.
How does Perryman Financial Advisory, Inc. charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges; fixed fees; commissions. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Perryman Financial Advisory, Inc. use?
It reports Charles Schwab as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed March 31, 2026, it reports these amounts held: Charles Schwab ($932M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Perryman Financial Advisory, Inc. a hybrid RIA with a broker-dealer?
Perryman Financial Advisory, Inc. is a hybrid RIA: 6 of its employees are also registered representatives of a broker-dealer. It names an affiliated broker-dealer: Perryman Securities, Inc.. Those representatives can also earn commissions on brokerage business through the broker-dealer, where different rules apply than for advisory accounts.
Is Perryman Financial Advisory, Inc. a fiduciary?
As an SEC-registered investment adviser, Perryman Financial Advisory, Inc. owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. 6 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 Perryman Financial Advisory, Inc.’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 (2026-03-31), 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 →