Wealth manager, independent · Austin, TX
Root Financial Partners
Root Financial Partners, LLC · SEC-registered investment adviser · CRD 290289 · SEC 801-125945
At a glance
Root Financial Partners is an SEC-registered investment adviser based in Austin, Texas, with $2.1B in regulatory assets under management as of its Form ADV filed August 28, 2026. It reports 852 individual clients, 643 of them high-net-worth, holding an average of about $2.5 million each, and 65 employees. That ranks it 517th among the nation’s 5,657 independent wealth management RIAs and 28th of 367 in Texas. It reports 2 custodians for its clients’ separately managed accounts: Charles Schwab and Altruist.
Main office 760-452-0720rootfinancialpartners.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $2.1B
- Rank among independent wealth managers
- #517 of 5,657
- Rank among all SEC RIAs
- #3,482 of 17,210
- Rank in Texas
- #28 of 367
- Individual clients
- 852
- High-net-worth clients
- 643
- Accounts
- 4,110
- Discretionary
- 100% of AUM
- Employees
- 65
- Advisory staff
- 59
- Offices
- 2
Owners and executives on its Form ADV
- James M. ConoleFounder / Chief Executive Officer
- Alexandra R. StickelmanChief Operating Officer / Chief Compliance Officer
- Ari C. TaubliebChief Growth Officer
Custody and brokerage
Broker-dealer
No broker-dealer ties
Root Financial Partners 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 | 643 | $2.1B | 96% |
| Individuals | 209 | $83M | 4% |
| Pension and profit sharing plans | 6 | $7M | <1% |
Disciplinary disclosures
Root Financial 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
- Pension consulting
- Selecting other advisers
- Educational seminars and workshops
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗rootfinancialpartners.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, 3 years of filings
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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 |
|---|---|---|
| Requisite Capital Management LLCDallas | $2.4B | 218 |
| Beaird HarrisDallas | $2.3B | 793 |
| Sather Financial Group, Inc.Victoria | $2.3B | 448 |
| Ascentis Independent Advisors, LLCDallas | $2.1B | 2,690 |
| Adell Harriman & CarpenterHouston | $2.1B | 764 |
| Inscription Capital, LLCHouston | $2.0B | 414 |
Background
Questions
How much does Root Financial Partners manage?
Root Financial Partners reports $2.1B in regulatory assets under management across 4,110 accounts, 100% of it on a discretionary basis, on its Form ADV filed August 28, 2026.
How many clients does Root Financial Partners have?
It reports 852 individual clients: 643 high-net-worth individuals and 209 other individuals. Individuals account for about 100% of its regulatory assets.
Where is Root Financial Partners headquartered?
Its main office is in Austin, Texas. It reports 2 offices in total and 65 employees, 59 of whom perform investment advisory functions.
How does Root Financial Partners charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges; 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 Root Financial Partners use?
It reports 2 custodians for its clients’ separately managed accounts: Charles Schwab and Altruist. On Schedule D of its Form ADV filed August 28, 2026, it reports these amounts held: Charles Schwab ($883M); Altruist ($216M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Root Financial Partners a hybrid RIA with a broker-dealer?
Root Financial Partners reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Root Financial Partners a fiduciary?
As an SEC-registered investment adviser, Root Financial Partners 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 Root Financial 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 (2026-08-28), 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 →