How to Choose a Financial Advisor in AUSTIN, TX

A data-driven guide based on 497 registered advisors in AUSTIN

Local Market Overview

There are 497 registered financial advisors in AUSTIN, Texas. Approximately 92% report fee-based compensation, while 4% include commission-based compensation. The average firm serving AUSTIN manages $24.6B in assets.

Registered Advisors

497

In AUSTIN, TX

Avg Firm AUM

$24.6B

Assets under management

Top Credential

CFP

39 advisors

Community Profile

AUSTIN has a population of 958,202 with a median household income of $86,556. The median age is 34.2.

Advisor density: 5.2 per 10K residents

Median income: $86,556

Most Common Credentials in AUSTIN

39 advisors

17 advisors

4 advisors

4 advisors

Compensation Types Reported

Percentage of AUM

92% of advisors · 459 total

Subscription fees

52% of advisors · 260 total

Performance-based fees

31% of advisors · 152 total

Hourly charges

28% of advisors · 139 total

Commissions

4% of advisors · 18 total

Fixed fees

3% of advisors · 14 total

What to Look For

Check their credentials

The CFP (Certified Financial Planner) is the gold standard for comprehensive financial planning. A CFA (Chartered Financial Analyst) signals deep investment expertise, while a ChFC (Chartered Financial Consultant) covers insurance and estate planning.

Understand fee structures

Fee-only advisors charge only for their advice (hourly, flat fee, or % of AUM). Fee-based advisors may also earn commissions on products they sell. Commission-only advisors earn money from product sales. Fee-only is generally considered the least conflicted model. See Texas fee analysis →

Verify their registration

Every legitimate advisor should be registered with the SEC or their state. Check FINRA BrokerCheck for disciplinary history, disclosures, and registration status. All advisors on AdvisorOS are sourced from official SEC/FINRA registration data.

Ask about account minimums

Some advisors require $250,000 or more to open an account. Others work with any portfolio size. Ask upfront to avoid wasting time on advisors who aren't a fit.

Review their Form CRS

The Form CRS (Client Relationship Summary) is a 2-page document every advisor must provide. It explains services, fees, conflicts of interest, and disciplinary history in plain language. Ask for it before your first meeting.

Browse Advisors in AUSTIN

497 advisors in AUSTIN, TX

Search the full directory of registered financial advisors in AUSTIN. Compare credentials, specialties, and firm details — all based on SEC and FINRA public data.

Browse AUSTIN Advisors All Cities in Texas

Frequently Asked Questions

How many financial advisors are in AUSTIN, TX?

There are 497 registered financial advisors in AUSTIN, Texas, according to SEC and FINRA registration data.

What credentials should a financial advisor in AUSTIN have?

Look for CFP (Certified Financial Planner) for comprehensive planning, CFA for investment management, or ChFC for insurance and estate planning. The most common credential among AUSTIN advisors is CFP.

Are financial advisors in AUSTIN required to be fiduciaries?

Registered Investment Advisors (RIAs) have a fiduciary duty to act in your best interest. Broker-dealers follow a suitability standard. Always ask your advisor about their fiduciary status and get it in writing.

What do financial advisors in AUSTIN charge?

Fees vary widely. Fee-only advisors typically charge 0.5%–1.5% of assets under management, $150–$400/hour, or flat fees of $1,000–$7,500+ per plan. Commission-based advisors may not charge fees directly but earn commissions on products.

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Browse AUSTIN Advisors by Specialty

Investment Management Retirement Planning Wealth Management Financial Planning Fee-Only Advisory Financial Education

More Research

What Do Financial Advisors Cost in Texas? →National Fee Analysis →