How We Did It: D Magazine asked every wealth management firm and team in the Dallas-Fort Worth chapters of the Financial Planning Association® and the Investment Management Consultants Association® to tell us about their practice. The final list was selected based on these criteria: top firms or teams must have total assets under management for individual clients of at least $100 million; a 95 percent client retention rate in the last two years; no current disciplinary action; and at least five years of experience. They must also be a fiduciary for their clients, and their compensation model cannot be commission-based. A panel of esteemed local wealth managers reviewed the final list.
| Advisory Practice Name/Firm Name/City/Phone | Avg. Assets Under Mgmt Per Client | Advisors to Support Staff | Compensation Model | Firm Model | Credentials |
|---|---|---|---|---|---|
| Alpha Consulting Group Wells Fargo Advisors, Fort Worth, 817-212-8422 |
$550,000 | 3 : 1 | Fee Based | Part of Broker Dealer | CFP, CIMA, CPWA |
| Beaird Harris Beaird Harris, Dallas, 972-503-1040 |
$1,800,000 | 4 : 1 | Fee Only | Independent RIA | CFP, CIMA, CFA, CPA |
| Cadent Capital, LLC Cadent Capital, LLC, Dallas, 972-441-4554 |
$2,400,000 | 3 : 1 | Fee Based | Part of Independent Broker Dealer |
CFP, CFA |
| Carter Financial Management, Inc. Carter Financial Management, Inc., Dallas, 214-363-4200 |
$1,100,000 | 3 : 2 | Fee Based | Independent RIA & Part of Independent Broker Dealer | CFP |
| CFO4Life CFO4Life, Coppell, 214-637-9500 |
$950,000 | 3 : 5 | Fee Based | Independent RIA & Part of Independent Broker Dealer | CFP, CFA, CPA |
| Covenant Covenant, Dallas, 214-361-4458 |
$5,400,000 | 11 : 16 | Fee Only | Independent RIA | CFP, CIMA, CPWA, CFA, CPA |
| Financial Solutions Group ARMOR Financial Solutions Group, Addison, 469-737-4108 |
$1,500,000 | 1 : 1 | Fee Based | Part of Broker Dealer | CFP, CIMA, CPWA |
| Gibson Private Wealth Advisors Ameriprise Financial, Plano, 972-437-4720 |
$950,000 | 5 : 1 | Fee Based | Part of Independent Broker Dealer | CFP |
| Global Wealth Advisors Global Wealth Advisors, Dallas, 972-931-3818 |
$1,100,000 | 4 : 5 | Fee Only | Independent RIA & Part of Independent Broker Dealer | CFP, CPA |
| Heritage Financial Planning Heritage Financial Planning, Dallas, 214-446-2100 |
$2,000,000 | 3 : 2 | Fee Only | Independent RIA | CFP |
| Howard Financial Services, Ltd. Howard Financial Services, Ltd., Dallas, 214-346-0785 |
$2,200,000 | 11 : 7 | Fee Only | Independent RIA | CFP, CPA |
| Insight Wealth Partners, LLC Insight Wealth Partners, LLC, Plano, 972-543-4800 |
$810,000 | 6 : 5 | Fee Only | Independent RIA | CFP, CPA |
| Jones, Cannon, and Associates Ameriprise Financial, Dallas, 214-272-7919 |
$850,000 | 4 : 3 | Fee Based | Part of Independent Broker Dealer | CFP |
| Kindred Stephens Financial Group, LLC Kindred Stephens Financial Group, LLC, Dallas, 214-382-5301 |
$1,000,000 | 2 : 1 | Fee Based | Part of Independent Broker Dealer | CFP |
| Lee Financial Corporation Lee Financial Corporation, Dallas, 972-960-1001 |
$3,000,000 | 11 : 16 | Fee Only | Independent RIA | CFP, CFA, CPA |
| McElhenny Sheffield Capital Management, LLC McElhenny Sheffield Capital Management, LLC, Dallas, 214-922-9200 |
$400,000 | 6 : 1 | Fee Only | Independent RIA | CFP, CFA |
| Quest Capital Management, Inc. Quest Capital Management, Inc., Dallas, 214-691-6090 |
$1,700,000 | 1 : 2 | Fee Based | Independent RIA & Part of Independent Broker Dealer | CFP, CIMA, CPWA, CFA |
| RGT Wealth Advisors RGT Wealth Advisors, Dallas, 214-360-7000 |
$7,400,000 | 5 : 14 | Fee Only | Independent RIA | CFP, CFA, CPA, JD |
| Roundtable Wealth Management Morgan Stanley, Plano, 972-964-4520 |
$1,000,000 | 1 : 1 | Fee Only | Part of Broker Dealer | CIMA, CPWA |
| Sallie Behnke–The Rockefeller Center Group Morgan Stanley, Dallas, 214-696-7132 |
$7,400,000 | 1 : 1 | Fee Based | Part of Broker Dealer | CFP, CIMA, CPWA, CPA |
| SFMG Wealth Advisors SFMG Wealth Advisors, Plano, 972-960-6460 |
$1,700,000 | 4 : 5 | Fee Only | Independent RIA | CFP, CFA, CPA, JD |
| Talis Advisory Services, LLC Talis Advisory Services, LLC, Plano, 972-378-1795 |
$950,000 | 7 : 4 | Fee Only | Independent RIA | CFP, CPA |
| The Calandro Group Merrill Lynch, Dallas, 214-969-2679 |
$2,300,000 | 1 : 2 | Fee Based | Part of Broker Dealer | CFP |
| The Park Cities Group Morgan Stanley, Dallas, 214-696-7105 |
$1,600,000 | 4 : 3 | Fee Based | Part of Broker Dealer | CFP |
| The RSA Group Merrill Lynch, Dallas, 972-980-8618 |
$2,100,000 | 5 : 2 | Fee Based | Part of Broker Dealer | CFP, CFA |
| The Wilshire Wealth Management Group Merrill Lynch, Plano, 972-384-2080 |
$12,800,000 | 7 : 3 | Fee Based | Part of Broker Dealer | CFP, CIMA, CPWA |
| Tolleson Wealth Management Tolleson Wealth Management, Dallas, 214-252-3250 |
$32,000,000 | 28 : 41 | Fee Only | Independent RIA | CFP, CIMA, CPWA, CFA, CPA, JD |
| True North Advisors True North Advisors, Dallas, 214-360-7300 |
$2,500,000 | 15 : 11 | Fee Only | Independent RIA | CFP, CIMA, CPWA, CFA, CPA, JD |
| Vogel Financial Advisors, LLC Vogel Financial Advisors, Dallas, 214-346-5880 |
$1,400,000 | 1 : 2 | Fee Based | Independent RIA | CFP, CPA |
Get the D CEO Newsletter
Stay up to speed on DFW’s fast-moving business community with weekly news reports, interviews, and insights.
