994 Group

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Client assets under management

$240,929,446

Clients

204

41% high-net worth

Advisors

of 3 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

High

Average account size

$1,181,027

About

994 Group provides investment management, financial planning, and business consulting to individuals, high‑net‑worth clients, trusts, and small businesses. The firm offers both discretionary and non‑discretionary portfolio management and also facilitates relationships with third‑party money managers when appropriate.

The firm’s investment approach combines a belief that capital markets are largely efficient with Fundamental Analysis and Modern Portfolio Theory to construct diversified portfolios using mutual funds and ETFs, with periodic rebalancing and regular account reviews. For certain high‑net‑worth clients 994 Group may recommend separate‑account sub‑advisory management and maintains an approved roster of third‑party managers to implement specialized strategies.

Distinctive features include a small advisory team (two advisors) managing roughly $245 million in client assets, and an explicit sub‑advisory arrangement with Dimensional Fund Advisors for separate‑account management. The firm also provides business consulting services (marketing, leadership, and financial consulting), requires clients to custody assets at Charles Schwab, and uses standing letters of authorization for some client distributions, a practice that creates constructive custody and affects operational processing.

Client services

Financial planning Portfolio management Selection of other advisers Financial consulting

Expertise

Wealth management Retirement plans for business owners (SEP, solo 401k) Business exit / sale strategy Tax strategies for small businesses

Occupation focus

Founder/Business Owner

Fee options

Fixed

Financial planning fixed fee $1,500-$20,000; business consulting negotiated flat fees.

Percentage

$0 - $499,999.99: 1.00% $500,000.00 - $999,999.99: 0.90% $1,000,000.00 - $1,499,999.99: 0.80% $1,500,000.00 - $1,999,999.99: 0.70% $2,000,000.00 - $2,499,999.99: 0.60% $2,500,000.00 - $4,999,999.99: 0.50% $5,000,000.00+: 0.40%

Other

Account minimum: $5,000 Fee-only: Financial planning fees range from $1,500 to $20,000, negotiable based on complexity; business consulting fees negotiated per engagement.

Main office location

994 Group

1207 W. Mary Street

Austin TX 78704, United States

Number of offices

Most active in

Florida · Illinois · New York · Texas

Disclosures

Business activities & affiliations

Is not active or affiliated with:

Insurance agent

They sell insurance products and may earn commissions on those sales.

Broker-dealer / trader

They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.

Bank

They're affiliated with a bank that may offer its own financial products and services.

Trust company

They provide trust and estate administration services, typically for separate fees.

Fund sponsor

They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.

Accountant / CPA / tax prep

They offer tax and accounting services, typically for separate fees.

Lawyer

They provide legal services, typically billed separately.

Real estate agent

They facilitate real estate transactions and may earn commissions.

Other specialized services

They may provide services such as pension consulting or municipal advisory work, typically for separate fees.

Forms ADV

Form ADV Part 2: Client Brochure Form ADV Part 3: Client Relationship

Quick links

LinkedIn Facebook Website (512) 853-9597

Advisors at this firm

Kristen L

CFP®, Series 66

Austin, TX

994 Group

Kristen Leclair is a CFP® with 23 years of industry experience and holds a Series 66 designation. She is currently with 994 Group and has previously worked at MJR Financial, Kestra Financial Services, and Nfp. Outside of her advisory role, she serves on the boards of WELL AWARE, Drive a Senior SW, and St. Michael's Day School, all based in Austin, TX. 994 Group provides investment management, financial planning, and business consulting to individuals, high-net-worth clients, trusts, and small businesses. The firm employs a diversified investment approach combining Fundamental Analysis and Modern Portfolio Theory, offering both discretionary and non-discretionary portfolio management alongside third-party money manager relationships.

Wealth management Retirement plans for business owners (SEP, solo 401k) Business exit / sale strategy Tax strategies for small businesses Founder/Business Owner

Theodore L

Series 63

Austin, TX

994 Group

Theodore Leclair is a financial advisor with 19 years of industry experience, currently practicing at 994 Group since 2018. He holds the Series 63 designation and has prior experience at Natixis Global Associates. Leclair serves as a Rear Admiral in the United States Navy Reserve and is a partner at Saltwater Leadership, a leadership and consulting firm. 994 Group provides investment management, financial planning, and business consulting to individuals, high-net-worth clients, trusts, and small businesses. The firm combines fundamental analysis and modern portfolio theory to construct diversified portfolios and maintains sub-advisory relationships for specialized strategies.

Wealth management Retirement plans for business owners (SEP, solo 401k) Business exit / sale strategy Tax strategies for small businesses Founder/Business Owner

Peter M

CFP®, Series 63

Austin, TX

994 Group

Peter Markovich is a CFP® with 14 years of industry experience, currently serving at 994 Group in Austin, TX. His prior work includes roles at MJR Financial LLC, Kestra Financial Services, Inc., and Nfp Securities, Inc. 994 Group provides investment management, financial planning, and business consulting to individuals, high-net-worth clients, trusts, and small businesses. The firm combines Fundamental Analysis and Modern Portfolio Theory with a belief in market efficiency to construct diversified portfolios, offering both discretionary and non-discretionary management alongside access to third-party money managers.

Wealth management Retirement plans for business owners (SEP, solo 401k) Business exit / sale strategy Tax strategies for small businesses Founder/Business Owner

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