Wealth manager, public-company owned · Birmingham, AL
Stonex Advisors Inc.
SEC-registered investment adviser · CRD 174182 · SEC 801-80747
At a glance
Stonex Advisors Inc. is an SEC-registered investment adviser based in Birmingham, Alabama, with $5.1B in regulatory assets under management as of its Form ADV filed June 17, 2026. It reports 9,741 individual clients, 1,020 of them high-net-worth, holding an average of about $0.5 million each, and 220 employees. That ranks it 210th among the nation’s 5,657 independent wealth management RIAs and 5th of 43 in Alabama. It reports 2 custodians for its clients’ separately managed accounts: Stonex Financial and BNY Pershing.
Main office 800-292-2411stonex.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $5.1B
- Rank among independent wealth managers
- #210 of 5,657
- Rank among all SEC RIAs
- #2,072 of 17,210
- Rank in Alabama
- #5 of 43
- Individual clients
- 9,741
- High-net-worth clients
- 1,020
- Accounts
- 15,487
- Discretionary
- 75% of AUM
- Employees
- 220
- Advisory staff
- 220
- Offices
- 156
Owners and executives on its Form ADV
- Marcus B. RichardsonChief Operations Officer / Chief Executive Officer
- Charles M. LyonDirector
- William J. DunawayDirector
- Mark L MaurerDirector
- Joseph J. PorzioChief Financial Officer
- Andrew R ChamblessGeneral Counsel
- Stuart A. DavisonDirector
- Philip A. SmithDirector
- James B. McAuslanDirector
- Brian L. ParkerChief Compliance Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
Stonex Advisors Inc. is a hybrid RIA: 220 of its employees are also registered representatives of a broker-dealer. It names affiliated broker-dealers: Stonex Financial Inc., Stonex International Securities Inc. and Stonex Securities Inc..
- Stonex Financial Inc. ↗CRD 45993
An introducing broker-dealer: its trades clear through Pershing and BofA Securities, which hold the brokerage accounts. Its annual audited report filed with the SEC, December 2025
- Stonex International Securities Inc. ↗CRD 146667
An introducing broker-dealer: its trades clear through Pershing, which holds the brokerage accounts. Its annual audited report filed with the SEC, March 2026
- Stonex Securities Inc. ↗CRD 18456
An introducing broker-dealer: its trades clear through Pershing, which holds the brokerage accounts. Its annual audited report filed with the SEC, February 2026
Its Form ADV brochure (filed December 2025) names Stonex Securities as the broker-dealer its advisers are registered with.
Our Financial Advisors are generally also associated with SSI.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 1,020 | $2.6B | 51% |
| Individuals | 8,721 | $2.3B | 45% |
| Corporations or other businesses | 96 | $122M | 2% |
| State or municipal government entities | 3 | $86M | 2% |
| Charitable organizations | 3 | $4M | <1% |
Disciplinary disclosures
Stonex Advisors Inc. answers yes to 4 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). 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
- Educational seminars and workshops
- Other services
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗stonex.com ↗
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- Assets, accounts, clients and staff, ten years of filings
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- 10 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 Alabama
All of Alabama →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Aptus Capital Advisors, LLCFairhope | $14B | 12,693 |
| RFG Advisory, LLCVestavia Hills | $8.0B | 17,207 |
| Eversource Wealth Advisors, LLCBirmingham | $5.1B | 3,255 |
| The Welch Group, LLCBirmingham | $3.7B | 1,416 |
| Oneascent Financial Services LLCBirmingham | $3.5B | 5,128 |
| Leavell Investment Management, Inc.Mobile | $3.4B | 2,850 |
Background
Questions
How much does Stonex Advisors Inc. manage?
Stonex Advisors Inc. reports $5.1B in regulatory assets under management across 15,487 accounts, 75% of it on a discretionary basis, on its Form ADV filed June 17, 2026.
How many clients does Stonex Advisors Inc. have?
It reports 9,741 individual clients: 1,020 high-net-worth individuals and 8,721 other individuals. Individuals account for about 96% of its regulatory assets.
Where is Stonex Advisors Inc. headquartered?
Its main office is in Birmingham, Alabama. It reports 156 offices in total and 220 employees, 220 of whom perform investment advisory functions.
How does Stonex Advisors Inc. 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 Stonex Advisors Inc. use?
It reports 2 custodians for its clients’ separately managed accounts: Stonex Financial and BNY Pershing. On Schedule D of its Form ADV filed June 17, 2026, it reports these amounts held: Stonex Financial ($3.4B); BNY Pershing ($570M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Stonex Advisors Inc. a hybrid RIA with a broker-dealer?
Stonex Advisors Inc. is a hybrid RIA: 220 of its employees are also registered representatives of a broker-dealer. It names affiliated broker-dealers: Stonex Financial Inc., Stonex International Securities Inc. and Stonex Securities Inc.. Stonex Financial Inc. clears through Pershing and BofA Securities, according to its annual report filed with the SEC. Stonex International Securities Inc. clears through Pershing, according to its annual report filed with the SEC. Stonex Securities Inc. clears through Pershing, according to its annual report filed with the SEC. Those representatives can also earn commissions on brokerage business through the broker-dealer, where different rules apply than for advisory accounts.
Is Stonex Advisors Inc. a fiduciary?
As an SEC-registered investment adviser, Stonex Advisors Inc. owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. 220 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 Stonex Advisors 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 (2026-06-17), 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 →