How to Choose a Financial Advisor in AUSTIN, TX

A data-driven guide based on 1,128 registered advisors in AUSTIN

Local Market Overview

There are 1,128 registered financial advisors in AUSTIN, Texas. Approximately 79% report fee-based compensation, while 2% include commission-based compensation. The average firm serving AUSTIN manages $14.6B in assets.

Registered Advisors

1,128

In AUSTIN, TX

Avg Firm AUM

$14.6B

Assets under management

Top Credential

—

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: 11.8 per 10K residents

Median income: $86,556

Compensation Types Reported

Percentage of AUM

79% of advisors · 891 total

Performance-based fees

40% of advisors · 447 total

Subscription fees

34% of advisors · 382 total

Hourly charges

18% of advisors · 204 total

Fixed fees

3% of advisors · 32 total

Commissions

2% of advisors · 26 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

1,128 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 1,128 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.

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.

Guides for Nearby Cities

DALLAS Guide (2230)HOUSTON Guide (1842)SAN ANTONIO Guide (420)FORT WORTH Guide (349)PLANO Guide (172)THE WOODLANDS Guide (128)IRVING Guide (93)ADDISON Guide (70)SOUTHLAKE Guide (68)FRISCO Guide (55)

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 →