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Wealth Management Firms (RIAs) in San Antonio

27 wealth management firms are on this list. Of those that report regulatory assets on Form ADV, Frost Investment Services is the largest: $3.7 billion through Frost Investment Services, LLC (filed ).

Titleist Asset Management follows with $2.8 billion. The 25 advisers counted report $15.1 billion together; the ten largest hold 78% of it, and half report less than $299 million.

Updated . Rechecked quarterly; next check . Figures read , as filed to .

Where the $15.1BN sitsThe 25 firms counted, by size. The bar is each size band's share of the combined dollars.
  1. $1BN to $5BN49%3 firms
  2. $500MM to $1BN23%5 firms
  3. Under $500MM28%17 firms

Latest Form ADV of each, filed Feb 2026 to Sep 2026. Read ; sources at the end of the page.

Wealth management firms listedList of October 2026; 26 are wealth managers and 1 is a wealth manager with a broker-dealer
27
Combined assets25 counted; as filed to Sep 2026
$15.1BN
Largest: Frost Investment ServicesAs filed
$3.7BN
Median firmHalf of the 25 report less
$299MM
Held by the ten largestOf the $15.1BN combined
78%

Frost Investment Services, Titleist Asset Management and Teamwork Financial Advisors lead the San Antonio wealth management firms by assets

The twenty largest by regulatory assets on their latest Form ADV. Together they report $14.4BN, 95% of the $15.1BN the 25 counted report.

  1. 1

    Frost Investment Services

    Wealth manager, San Antonio, TX

    $3.7BNRegulatory assets, Mar 2026

    42% businesses, 37% high net worth, 21% other individuals

    Individual clients
    3,019
  2. 2

    Titleist Asset Management

    Wealth manager, San Antonio, TX

    $2.8BNRegulatory assets, Sep 2026

    52% high net worth, 42% other individuals, 6% businesses

    Individual clients
    2,103
  3. 3

    Teamwork Financial Advisors

    Wealth manager, San Antonio, TX

    $1.0BNRegulatory assets, Aug 2026

    74% high net worth, 25% other individuals

    Individual clients
    2,480
  4. 4

    Strategic Financial Concepts

    Wealth manager, San Antonio, TX

    $928MMRegulatory assets, Jun 2026

    55% other individuals, 27% high net worth, 7% businesses

    Individual clients
    3,698
  5. 5

    Pax Financial Group

    Wealth manager, San Antonio, TX

    $747MMRegulatory assets, Jun 2026

    53% high net worth, 47% other individuals

    Individual clients
    1,350
  6. 6

    Wela Financial Advisory

    Wealth manager, San Antonio, TX

    $657MMRegulatory assets, Jul 2026

    80% high net worth, 19% other individuals

    Individual clients
    437
  7. 7

    TLWM Financial

    Wealth manager, San Antonio, TX

    $605MMRegulatory assets, Mar 2026

    59% high net worth, 37% other individuals, 3% businesses

    Individual clients
    1,249
  8. 8

    Kercheville Advisors

    Wealth manager, San Antonio, TX

    $555MMRegulatory assets, Jun 2026

    80% high net worth, 12% other individuals, 4% businesses

    Individual clients
    327
  9. 9

    Secure Financial Management

    Wealth manager, San Antonio, TX

    $400MMRegulatory assets, Aug 2026

    51% high net worth, 49% other individuals

    Individual clients
    584
  10. 10

    Financial Life Advisors

    Wealth manager, San Antonio, TX

    $366MMRegulatory assets, Mar 2026

    84% high net worth, 13% other individuals, 2% businesses

    Individual clients
    207
  11. 11

    Crestmont Private Wealth

    Wealth manager, Boerne, TX

    $363MMRegulatory assets, Mar 2026

    83% high net worth, 17% other individuals

    Individual clients
    186
  12. 12

    Stone Oak Wealth Management

    Wealth manager, San Antonio, TX

    $356MMRegulatory assets, Mar 2026

    79% high net worth, 17% other individuals, 4% pension plans

    Individual clients
    268
  13. 13

    Avid Wealth Partners

    Wealth manager, San Antonio, TX

    $299MMRegulatory assets, May 2026

    76% high net worth, 24% other individuals

    Individual clients
    246
  14. 14

    Best Invest

    Wealth manager, San Antonio, TX

    $296MMRegulatory assets, Feb 2026

    58% high net worth, 40% other individuals, 1% pension plans

    Individual clients
    651
  15. 15

    Imperium Wealth Management

    Wealth manager, San Antonio, TX

    $265MMRegulatory assets, Feb 2026

    81% high net worth, 14% other individuals, 4% pension plans

    Individual clients
    177
  16. 16

    Heritage Haus Wealth Partners

    Wealth manager, New Braunfels, TX

    $241MMRegulatory assets, Sep 2026

    62% other individuals, 38% high net worth

    Individual clients
    533
  17. 17

    Christian Financial Advisors

    Wealth manager, New Braunfels, TX

    $219MMRegulatory assets, Mar 2026

    53% other individuals, 47% high net worth

    Individual clients
    479
  18. 18

    Up Capital Management

    Wealth manager, Bulverde, TX

    $213MMRegulatory assets, May 2026

    44% high net worth, 28% pension plans, 18% other individuals

    Individual clients
    148
  19. 19

    Authentikos Wealth Advisory

    Wealth manager, New Braunfels, TX

    $184MMRegulatory assets, Jul 2026

    54% other individuals, 45% high net worth

    Individual clients
    419
  20. 20

    Martin Capital Advisors

    Wealth manager, San Antonio, TX

    $182MMRegulatory assets, Feb 2026

    93% high net worth, 4% other individuals, 3% charities

    Individual clients
    82

Regulatory assets each adviser reported in its latest Form ADV. Each pin opens the filing behind the figure; the ranking rule and sources are at the end of the page. Read .

One firm holds a quarter of the assets

How the 25 firms counted spread by size: most are small, the dollars sit at the top.

Every firm on one scaleEach dot is one firm's regulatory assets in its latest filing. Every dot is one adviser. Dollar scale is logarithmic.
Assets of each of the 25 firms counted, log scaleEach dot is one adviser and links to its row. Frost Investment Services $3.7BN; Titleist Asset Management $2.8BN; Teamwork Financial Advisors $1.0BN; median $299MM.$100MM$1BN$10BNFrost Investment Services: $3.7BNTitleist Asset Management: $2.8BNTeamwork Financial Advisors: $1.0BNStrategic Financial Concepts: $928MMPax Financial Group: $747MMWela Financial Advisory: $657MMTLWM Financial: $605MMKercheville Advisors: $555MMSecure Financial Management: $400MMFinancial Life Advisors: $366MMCrestmont Private Wealth: $363MMStone Oak Wealth Management: $356MMAvid Wealth Partners: $299MMBest Invest: $296MMImperium Wealth Management: $265MMHeritage Haus Wealth Partners: $241MMChristian Financial Advisors: $219MMUp Capital Management: $213MMAuthentikos Wealth Advisory: $184MMMartin Capital Advisors: $182MMHill Country Group: $176MMCornermen Financial: $173MMCardenas Asset Management: $149MMMoney Managers: $147MMReliance Wealth Management: $134MMFrost Investment Services $3.7BNTitleist Asset Management $2.8BNTeamwork Financial Advisors $1.0BNMedian $299MMAssets of each of the 25 firms counted, log scaleEach dot is one adviser and links to its row. Frost Investment Services $3.7BN; Titleist Asset Management $2.8BN; Teamwork Financial Advisors $1.0BN; median $299MM.$1BNFrost Investment Services $3.7BNMedian $299MM

One dot per firm counted; 2 firms with a main office outside San Antonio, a second row for the same adviser or only fund assets left out. Read .

The 25 firms, by size
Under $500MM1728%$4.2BN
$500MM to $1BN523%$3.5BN
$1BN to $5BN349%$7.5BN
$5BN to $10BN00%$0
$10BN to $25BN00%$0
$25BN and over00%$0

Assets each reported in its latest filing; shares are of the $15.1BN combined, one row per firm. Read .

24%

of the assets reported sits with one firm, Frost Investment Services. The five largest hold 60%; 22 of 25 report under $1 billion.

24%Largest36%Next 440%Other 20
Who the 27 are
  1. Wealth managers26
  2. Wealth manager with a broker-dealer1

Kind of each, from its Form ADV (Items 5.G and 6.A), October 2026.

Whose money it isShare of the 25 advisers' assets by type of client
  1. High net worth54%
  2. Other individuals32%
  3. Businesses12%
  4. Pension plans1%
  5. Other0%
  6. Charities0%

Client types each adviser reports with its assets, latest filing; sums of filed figures.

Leaders beyond the ranking

Figures the main ranking does not compare: the most individual clients, the most high net worth clients.

The most individual clientsIndividuals each firm advises, high net worth and other, on its latest Form ADV (Item 5.D).
RankNameFigure
1Strategic Financial Concepts3,698Jun 2026
2Frost Investment Services3,019Mar 2026
3Teamwork Financial Advisors2,480Aug 2026
4Titleist Asset Management2,103Sep 2026
5Pax Financial Group1,350Jun 2026
6TLWM Financial1,249Mar 2026
7Best Invest651Feb 2026
8Secure Financial Management584Aug 2026

Counts of clients as filed; a client is an account holder the adviser counts, not a household.

The most high net worth clientsHigh net worth individuals each firm advises, on its latest Form ADV (Item 5.D).
RankNameFigure
1Titleist Asset Management1,157Sep 2026
2Teamwork Financial Advisors993Aug 2026
3Frost Investment Services535Mar 2026
4TLWM Financial316Mar 2026
5Strategic Financial Concepts190Jun 2026
6Pax Financial Group174Jun 2026
7Financial Life Advisors118Mar 2026
8Secure Financial Management116Aug 2026

Counts of clients as filed; a client is an account holder the adviser counts, not a household.

The list is public. The warm path is not. Schedule a conversation

All 27 wealth management firms

A to Z, with each firm's regulatory assets, its clients, the share of its assets held for individuals and its private funds, each with a pin to its Form ADV.

Showing all 27 firms

Kind
Where
Size
Order
Wealth Management Firms (RIAs) in San Antonio 27 firms, A to Z
OfficeAssetsBarClientsIndividualsPrivate funds
Authentikos Wealth Advisory
Wealth manager, New Braunfels, TX.
Detail and sources for Authentikos Wealth Advisory

Form ADV of Authentikos Wealth Advisory LLC (CRD 286646), SEC registered adviser, filed , main office New Braunfels, TX: regulatory assets $184MM; 5 employees.

Tied to this row by the CRD the list cites from the filing.

Services on its Form ADV (Item 5.G): financial planning, portfolio management for individuals and selection of other advisers. Clients (Item 5.D): 419 individuals, 40 of them high net worth; individuals hold 99% of its regulatory assets.

Files: SEC Form ADV.

$184MMJul 202643299%
Avid Wealth Partners
Wealth manager, San Antonio, TX.
Detail and sources for Avid Wealth Partners

Form ADV of Avid Wealth Partners, LLC (CRD 323124), SEC registered adviser, filed , main office San Antonio, TX: regulatory assets $299MM; 8 employees.

Tied to this row by the CRD the list cites from the filing.

Listed stocks, Form 13F-HR of Avid Wealth Partners, LLC, quarter ended , filed .

Services on its Form ADV (Item 5.G): financial planning, portfolio management for individuals, management of private funds, portfolio management for businesses and institutions and selection of other advisers. Clients (Item 5.D): 246 individuals, 83 of them high net worth; individuals hold 100% of its regulatory assets.

Files: SEC Form ADV, SEC Form 13F.

$299MMMay 2026246100%
Best Invest
Wealth manager, San Antonio, TX.
Detail and sources for Best Invest

Form ADV of Fearless Solutions LLC (CRD 297599), SEC registered adviser, filed , main office San Antonio, TX: regulatory assets $296MM; 4 employees.

Tied to this row by the CRD the list cites from the filing.

Services on its Form ADV (Item 5.G): financial planning and portfolio management for individuals. Clients (Item 5.D): 651 individuals, 80 of them high net worth; individuals hold 98% of its regulatory assets.

Files: SEC Form ADV.

$296MMFeb 202667298%
Cardenas Asset Management
Wealth manager, San Antonio, TX.
Detail and sources for Cardenas Asset Management

Form ADV of Cardenas Asset Management, LLC (CRD 114943), SEC registered adviser, filed : regulatory assets $149MM; 1 employees.

Tied to this row by the CRD the list cites from the filing.

Services on its Form ADV (Item 5.G): financial planning and portfolio management for individuals. Clients (Item 5.D): 171 individuals, 55 of them high net worth; individuals hold 83% of its regulatory assets. Placed by the city of its main office on its SEC record, since its Form ADV withholds the address as a residence.

Files: SEC Form ADV.

$149MMMar 202618583%
Christian Financial Advisors
Wealth manager, New Braunfels, TX.
Detail and sources for Christian Financial Advisors

Form ADV of Christian Investment Advisors, Inc. (CRD 165811), SEC registered adviser, filed , main office New Braunfels, TX: regulatory assets $219MM; 9 employees.

Tied to this row by the CRD the list cites from the filing.

Services on its Form ADV (Item 5.G): financial planning, portfolio management for individuals and other services. Clients (Item 5.D): 479 individuals, 86 of them high net worth; individuals hold 100% of its regulatory assets.

Files: SEC Form ADV.

$219MMMar 2026479100%
Cornermen Financial
Wealth manager, San Antonio, TX.
Detail and sources for Cornermen Financial

Form ADV of Cornermen Financial, LLC (CRD 323179), SEC registered adviser, filed , main office San Antonio, TX: regulatory assets $173MM; 4 employees.

Tied to this row by the CRD the list cites from the filing.

Services on its Form ADV (Item 5.G): financial planning, portfolio management for individuals and selection of other advisers. Clients (Item 5.D): 378 individuals, 37 of them high net worth; individuals hold 99% of its regulatory assets.

Files: SEC Form ADV.

$173MMJul 202637999%
Crestmont Private Wealth
Wealth manager, Boerne, TX.
Detail and sources for Crestmont Private Wealth

Form ADV of Crestmont Private Wealth LLC (CRD 304170), SEC registered adviser, filed , main office Boerne, TX: regulatory assets $363MM; 5 employees.

Tied to this row by the CRD the list cites from the filing.

Listed stocks, Form 13F-HR of Crestmont Private Wealth LLC, quarter ended , filed .

Services on its Form ADV (Item 5.G): financial planning and portfolio management for individuals. Clients (Item 5.D): 186 individuals, 65 of them high net worth; individuals hold 100% of its regulatory assets.

Files: SEC Form ADV, SEC Form 13F.

$363MMMar 2026188100%
Financial Life Advisors
Wealth manager, San Antonio, TX.
Detail and sources for Financial Life Advisors

Form ADV of Financial Life Advisors LLC (CRD 128502), SEC registered adviser, filed , main office San Antonio, TX: regulatory assets $366MM; 11 employees.

Tied to this row by the CRD the list cites from the filing.

Listed stocks, Form 13F-HR of Financial Life Advisors LLC, quarter ended , filed .

Services on its Form ADV (Item 5.G): financial planning, portfolio management for individuals and portfolio management for businesses and institutions. Clients (Item 5.D): 207 individuals, 118 of them high net worth; individuals hold 97% of its regulatory assets.

Files: SEC Form ADV, SEC Form 13F.

$366MMMar 202620997%
Frost Investment Services
Wealth manager, San Antonio, TX.
Detail and sources for Frost Investment Services

Form ADV of Frost Investment Services, LLC (CRD 286129), SEC registered adviser, filed , main office San Antonio, TX: regulatory assets $3.7BN; 177 employees.

Tied to this row by the CRD the list cites from the filing.

Files a 13F notice (quarter ended , filed ): its holdings are reported on another manager's 13F.

Services on its Form ADV (Item 5.G): financial planning, portfolio management for individuals and portfolio management for businesses and institutions. Clients (Item 5.D): 3,019 individuals, 535 of them high net worth; individuals hold 58% of its regulatory assets.

Files: SEC Form ADV, SEC Form 13F.

$3.7BNMar 20263,65658%
Heritage Haus Wealth Partners
Wealth manager, New Braunfels, TX.
Detail and sources for Heritage Haus Wealth Partners

Form ADV of Heritage Haus Wealth Partners LLC (CRD 342736), SEC registered adviser, filed , main office New Braunfels, TX: regulatory assets $241MM; 6 employees.

Tied to this row by the CRD the list cites from the filing.

Services on its Form ADV (Item 5.G): financial planning, portfolio management for individuals, pension consulting and educational seminars. Clients (Item 5.D): 533 individuals, 33 of them high net worth; individuals hold 100% of its regulatory assets.

Files: SEC Form ADV.

$241MMSep 2026533100%
Hill Country Group
Wealth manager, Boerne, TX.
Detail and sources for Hill Country Group

Form ADV of Hill Country Retirement Solutions LLC (CRD 307376), SEC registered adviser, filed , main office Boerne, TX: regulatory assets $176MM; 6 employees.

Tied to this row by the CRD the list cites from the filing.

Services on its Form ADV (Item 5.G): financial planning, portfolio management for individuals and pension consulting. Clients (Item 5.D): 407 individuals, 49 of them high net worth; individuals hold 81% of its regulatory assets.

Files: SEC Form ADV.

$176MMFeb 202641381%
Imperium Wealth Management
Wealth manager, San Antonio, TX.
Detail and sources for Imperium Wealth Management

Form ADV of Imperium Wealth Management, LLC (CRD 159148), SEC registered adviser, filed , main office San Antonio, TX: regulatory assets $265MM; 6 employees.

Tied to this row by the CRD the list cites from the filing.

Services on its Form ADV (Item 5.G): financial planning, portfolio management for individuals, portfolio management for businesses and institutions and pension consulting. Clients (Item 5.D): 177 individuals, 72 of them high net worth; individuals hold 96% of its regulatory assets.

Files: SEC Form ADV.

$265MMFeb 202618696%
Kercheville Advisors
Wealth manager, San Antonio, TX.
Detail and sources for Kercheville Advisors

Form ADV of Kercheville Advisors LLC (CRD 169471), SEC registered adviser, filed , main office San Antonio, TX: regulatory assets $555MM; 5 employees.

Tied to this row by the CRD the list cites from the filing.

Services on its Form ADV (Item 5.G): financial planning, portfolio management for individuals, portfolio management for businesses and institutions and pension consulting. Clients (Item 5.D): 327 individuals, 96 of them high net worth; individuals hold 92% of its regulatory assets.

Files: SEC Form ADV.

$555MMJun 202635292%
M. E. Allison & Co.
Wealth manager with a broker-dealer, San Antonio, TX. Main office San Antonio, TX; not in the totals.
Detail and sources for M. E. Allison & Co.

Form ADV of M. E. Allison & Co., Inc. (CRD 1047), SEC registered adviser, filed , main office San Antonio, TX: regulatory assets $366MM; 12 employees.

Tied to this row by the CRD the list cites from the filing.

Main office San Antonio, TX; shown but not counted in the totals, charts or boards.

Services on its Form ADV (Item 5.G): financial planning, portfolio management for individuals, selection of other advisers and other services. Clients (Item 5.D): 483 individuals, 236 of them high net worth; individuals hold 83% of its regulatory assets. It is also registered as a broker-dealer (Item 6.A).

Files: SEC Form ADV.

$366MMJun 202649983%
Martin Capital Advisors
Wealth manager, San Antonio, TX.
Detail and sources for Martin Capital Advisors

Form ADV of Martin Capital Advisors, LLP (CRD 108529), SEC registered adviser, filed , main office San Antonio, TX: regulatory assets $182MM; 9 employees.

Tied to this row by the CRD the list cites from the filing.

Listed stocks, Form 13F-HR of Martin Capital Advisors, LLP, quarter ended , filed .

Services on its Form ADV (Item 5.G): financial planning, portfolio management for individuals and portfolio management for businesses and institutions. Clients (Item 5.D): 82 individuals, 56 of them high net worth; individuals hold 97% of its regulatory assets.

Files: SEC Form ADV, SEC Form 13F.

$182MMFeb 20268497%
Money Managers
Wealth manager, San Antonio, TX.
Detail and sources for Money Managers

Form ADV of Money Managers, Inc. (CRD 104529), SEC registered adviser, filed , main office San Antonio, TX: regulatory assets $147MM; 5 employees.

Tied to this row by the CRD the list cites from the filing.

Services on its Form ADV (Item 5.G): financial planning, portfolio management for individuals and pension consulting. Clients (Item 5.D): 365 individuals, 35 of them high net worth; individuals hold 100% of its regulatory assets.

Files: SEC Form ADV.

$147MMApr 2026365100%
Pax Financial Group
Wealth manager, San Antonio, TX.
Detail and sources for Pax Financial Group

Form ADV of Pax Financial Group, LLC (CRD 284164), SEC registered adviser, filed , main office San Antonio, TX: regulatory assets $747MM; 22 employees.

Tied to this row by the CRD the list cites from the filing.

Services on its Form ADV (Item 5.G): financial planning, portfolio management for individuals, selection of other advisers, educational seminars and other services. Clients (Item 5.D): 1,350 individuals, 174 of them high net worth; individuals hold 100% of its regulatory assets.

Files: SEC Form ADV.

$747MMJun 20261,350100%
Reliance Wealth Management
Wealth manager, San Antonio, TX.
Detail and sources for Reliance Wealth Management

Form ADV of S & D Financial, L.L.C. (CRD 332415), SEC registered adviser, filed , main office San Antonio, TX: regulatory assets $134MM; 15 employees.

Tied to this row by the CRD the list cites from the filing.

Services on its Form ADV (Item 5.G): financial planning, portfolio management for individuals, portfolio management for businesses and institutions and selection of other advisers. Clients (Item 5.D): 302 individuals, 44 of them high net worth; individuals hold 100% of its regulatory assets.

Files: SEC Form ADV.

$134MMMay 2026302100%
S Harris Financial Group
Wealth manager, San Antonio, TX. Main office San Antonio, TX; not in the totals.
Detail and sources for S Harris Financial Group

Form ADV of S Harris Financial Group, LLC (CRD 151899), SEC registered adviser, filed , main office San Antonio, TX: regulatory assets $404MM; 7 employees.

Tied to this row by the CRD the list cites from the filing.

Main office San Antonio, TX; shown but not counted in the totals, charts or boards.

Services on its Form ADV (Item 5.G): financial planning, portfolio management for individuals, pension consulting and selection of other advisers. Clients (Item 5.D): 247 individuals, 108 of them high net worth; individuals hold 100% of its regulatory assets.

Files: SEC Form ADV.

$404MMAug 2026247100%
Secure Financial Management
Wealth manager, San Antonio, TX.
Detail and sources for Secure Financial Management

Form ADV of Kirkwood Financial Services LLC (CRD 169278), SEC registered adviser, filed , main office San Antonio, TX: regulatory assets $400MM; 12 employees.

Tied to this row by the CRD the list cites from the filing.

Services on its Form ADV (Item 5.G): financial planning, portfolio management for individuals and other services. Clients (Item 5.D): 584 individuals, 116 of them high net worth; individuals hold 100% of its regulatory assets.

Files: SEC Form ADV.

$400MMAug 2026584100%
Stone Oak Wealth Management
Wealth manager, San Antonio, TX.
Detail and sources for Stone Oak Wealth Management

Form ADV of Stone Oak Wealth Management, LLC (CRD 288217), SEC registered adviser, filed , main office San Antonio, TX: regulatory assets $356MM; 7 employees.

Tied to this row by the CRD the list cites from the filing.

Services on its Form ADV (Item 5.G): financial planning, portfolio management for individuals, pension consulting and selection of other advisers. Clients (Item 5.D): 268 individuals, 85 of them high net worth; individuals hold 96% of its regulatory assets.

Files: SEC Form ADV.

$356MMMar 202629396%
Strategic Financial Concepts
Wealth manager, San Antonio, TX.
Detail and sources for Strategic Financial Concepts

Form ADV of Strategic Financial Concepts, LLC (CRD 141849), SEC registered adviser, filed , main office San Antonio, TX: regulatory assets $928MM; 41 employees.

Tied to this row by the CRD the list cites from the filing.

Services on its Form ADV (Item 5.G): financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisers, educational seminars and other services. Clients (Item 5.D): 3,698 individuals, 190 of them high net worth; individuals hold 81% of its regulatory assets.

Files: SEC Form ADV.

$928MMJun 20263,82481%
Teamwork Financial Advisors
Wealth manager, San Antonio, TX.
Detail and sources for Teamwork Financial Advisors

Form ADV of Teamwork Financial Advisors, LLC (CRD 165237), SEC registered adviser, filed , main office San Antonio, TX: regulatory assets $1.0BN; 26 employees.

Tied to this row by the CRD the list cites from the filing.

Listed stocks, Form 13F-HR of Teamwork Financial Advisors, LLC, quarter ended , filed .

Services on its Form ADV (Item 5.G): financial planning, portfolio management for individuals and selection of other advisers. Clients (Item 5.D): 2,480 individuals, 993 of them high net worth; individuals hold 99% of its regulatory assets.

Files: SEC Form ADV, SEC Form 13F.

$1.0BNAug 20262,48599%
Titleist Asset Management
Wealth manager, San Antonio, TX.
Detail and sources for Titleist Asset Management

Form ADV of Titleist Asset Management, LLC (CRD 323567), SEC registered adviser, filed , main office San Antonio, TX: regulatory assets $2.8BN; 41 employees.

Tied to this row by the CRD the list cites from the filing.

Services on its Form ADV (Item 5.G): financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting and selection of other advisers. Clients (Item 5.D): 2,103 individuals, 1,157 of them high net worth; individuals hold 94% of its regulatory assets.

Files: SEC Form ADV.

$2.8BNSep 20262,15194%
TLWM Financial
Wealth manager, San Antonio, TX.
Detail and sources for TLWM Financial

Form ADV of TLWM, LLC (CRD 158305), SEC registered adviser, filed , main office San Antonio, TX: regulatory assets $605MM; 11 employees.

Tied to this row by the CRD the list cites from the filing.

Listed stocks, Form 13F-HR of TLWM, LLC, quarter ended , filed .

Services on its Form ADV (Item 5.G): financial planning, portfolio management for individuals and selection of other advisers. Clients (Item 5.D): 1,249 individuals, 316 of them high net worth; individuals hold 96% of its regulatory assets.

Files: SEC Form ADV, SEC Form 13F.

$605MMMar 20261,26296%
Up Capital Management
Wealth manager, Bulverde, TX.
Detail and sources for Up Capital Management

Form ADV of Up Capital Management, Inc. (CRD 164692), SEC registered adviser, filed : regulatory assets $213MM; 4 employees.

Tied to this row by the CRD the list cites from the filing.

Services on its Form ADV (Item 5.G): financial planning, portfolio management for individuals, pension consulting, publications and other services. Clients (Item 5.D): 148 individuals, 43 of them high net worth; individuals hold 62% of its regulatory assets. Placed by the city of its main office on its SEC record, since its Form ADV withholds the address as a residence.

Files: SEC Form ADV.

$213MMMay 202616762%
Wela Financial Advisory
Wealth manager, San Antonio, TX.
Detail and sources for Wela Financial Advisory

Form ADV of Brent Forrest & Associates, L.L.C. (CRD 126266), SEC registered adviser, filed , main office San Antonio, TX: regulatory assets $657MM; 9 employees.

Tied to this row by the CRD the list cites from the filing.

Services on its Form ADV (Item 5.G): financial planning, portfolio management for individuals, publications and educational seminars. Clients (Item 5.D): 437 individuals, 52 of them high net worth; individuals hold 99% of its regulatory assets.

Files: SEC Form ADV.

$657MMJul 202644699%

Assets are the regulatory assets in the adviser's latest Form ADV (Item 5.F; solid bar). Clients are every client it counts (Item 5.D); Individuals is the share of its assets held for individuals, high net worth and other; private funds are the funds it advises (Item 7.B). Each pin opens the filing behind the figure. The square beside a name opens every figure with its filing and notes.

A few large advisers hold most of the money

Four findings from the filings of the 25 firms counted.

  1. 24%

    of the $15.1 billion the 25 firms counted report is one firm's: Frost Investment Services. Without it, the other 24 report $11.5 billion.

    Assets, latest Form ADV of each; sums of filed figures

  2. $299MM

    is the median: half of the 25 report less, and 22 report under $1 billion.

    Assets, latest Form ADV of each

  3. 54%

    of their assets is high net worth money; the next largest client type is other individuals, at 32%.

    Client types each adviser reports with its assets; sums of filed figures

  4. 19

    of the 25 have their main office in Bexar County, TX; the next place is Comal County, TX, with 4.

    Main office on each Form ADV

Questions

How many wealth management firms are there in San Antonio?

This list holds 27 wealth management firms in the San Antonio metro; 25 of them report regulatory assets on Form ADV, $15.1 billion together.

What are the largest wealth management firms in San Antonio?

By the regulatory assets they report: Frost Investment Services $3.7 billion, Titleist Asset Management $2.8 billion, Teamwork Financial Advisors $1.0 billion, Strategic Financial Concepts $928 million, Pax Financial Group $747 million.

How much do wealth management firms in San Antonio typically manage?

Of the 25 that report, the median reports $299 million in regulatory assets; 22 report under $1 billion.

How do you start a relationship with wealth management firms in San Antonio?

Each figure on this page carries a pin that opens the firm's Form ADV, which names its services, its clients and how to reach it. For fund managers and companies raising capital, Praxis Rock runs capital formation programs; see Raise Capital.

Sources and method

Who is listed
27 wealth management firms, 26 are wealth managers and 1 is a wealth manager with a broker-dealer. Every SEC registered adviser with a main office in San Antonio-New Braunfels, TX MSA (Census CBSA 41700) that reports $100 million or more in regulatory assets, half or more of them for individuals, less the firms our other lists carry as another kind.
Ranking rule
The top 20, every total, share and median, the charts and the answers to the questions use one set: the 25 advisers that report regulatory assets in their latest SEC Form ADV, with a main office in the San Antonio metro, that the filing itself ties to the row (the CRD the list cites, or the row's own website in Item 1.I), one figure per adviser. A name match with no such tie is shown in the row's detail only, never ranked or counted.
Our arithmetic
The $15.1BN, the median, shares, charts and boards are sums and medians of filed numbers over that one set; 2 firms with a figure outside it stay listed with the figure and the reason.
Pins
Each figure's pin opens the filing it comes from: the adviser's Form ADV as filed, or the SEC filing index of its latest 13F report. The pin's label names the source and its date.
What we searched
On we read every firm's latest Form ADV in the SEC monthly file by its CRD and searched 13F reports by the CIK on its Form ADV record. Of the 27, 27 report on a current Form ADV and 7 file 13F reports.
Words
Each firm's kind is read from its Form ADV: a wealth manager advises individuals and offers financial planning (Items 5.D and 5.G); "also a broker-dealer" where Item 6.A is checked. Firm names only: no person, contact or website is shown.
Sources and dates
FigureSourcePeriod, read
Assets, private funds, client types, main office, employeesSEC Form ADV adviser data, October 2026 report, and each adviser's Form ADV as filed, 27 advisersFilings to 2026-10-01; read 2026-10-31
Reports of listed stocks (13F filer)SEC EDGAR Form 13F, 7 filers, by the CIK on each Form ADVLatest filing; read 2026-10-31
Main office to metroHUD USPS ZIP to county crosswalk, 2026 Q2, and the Census metro delineation, July 2023Read 2026-10-31
LogosNone shown: each firm has a monogramRead 2026-10-31

Cite as: Praxis Rock Advisors, "Wealth Management Firms (RIAs) in San Antonio," updated October 31, 2026, praxisrock.com/resources/investors/wealth-management-firms-san-antonio

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