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AKG Financial Group

Updated today

Client assets under management

$90,916,513

Clients

24

67% high-net worth

Advisors

2

of 5 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

12

Very Low

Average account size

$3,788,188

About

AKG Financial, LLC provides portfolio management and financial planning to individual and high-net-worth clients. The firm is a fee-only registered investment adviser and primarily charges percentage-of-assets-under-management fees for discretionary investment management.

AKG develops individualized investment policies and implements them on a discretionary basis, applying fundamental and technical analysis within a Modern Portfolio Theory framework and typically holding positions for the long term across stocks, bonds, mutual funds, ETFs, and government and municipal securities. Financial planning is offered both as ongoing engagements and as project-based plans, covering retirement, estate, tax, insurance, cash-flow, and college-savings topics.

The firm’s size and structure are notable: two advisors manage roughly $90 million for 24 clients, producing relatively high assets per client and a focus on tailored services, and AKG requires client accounts to be custodied at Charles Schwab while disclosing receipt of institutional services from that custodian. Ownership and governance are also uncommon for a firm this size — an irrevocable family trust holds an 80% interest while the other principal holds 20% — and one principal serves as the firm’s chief compliance officer and holds the CFP® designation.

Client services

Financial planning Portfolio management

Expertise

Cash flow / budgeting College savings (529s, UTMA, etc.) General estate planning guidance Retirement income strategy General tax planning

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Fee options

Percentage

$0 - $2,000,000: 1.00% $2,000,001 - $5,000,000: 0.75% $5,000,001 - $10,000,000: 0.50% $10,000,001+: 0.25%

Subscriptions

Recurring fixed fee for Ongoing Financial Planning, paid quarterly in advance

Other

Minimum fee: Minimum annual fee of $12,000 for Ongoing Financial Planning Fee-only: Fee-only firm, compensated solely by Clients for services

Main office location

AKG Financial Group

Fort Worth TX, United States

Number of offices

3

Most active in

Texas

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Davis B

Series 65

Fort Worth, TX

AKG Financial Group

Davis Bourland is a financial advisor at AKG Financial Group in Fort Worth, TX, holding a Series 65 designation with 16 years of industry experience. He worked at Diesslin & Associates, Inc. for 13 years before joining AKG Financial in 2021. Outside of advising, Bourland serves as Chief Operating Officer for Virtuoso Travel, a luxury leisure travel company, and is a volunteer member of the Investment Committee on the Board of Directors for the University of North Texas Foundation. AKG Financial Group provides discretionary portfolio management and financial planning primarily for individual and high-net-worth clients. The firm employs a diversified investment approach that includes fundamental analysis, modern portfolio theory, and quantitative methods, offering a range of traditional and alternative investment vehicles.

Cash flow / budgeting College savings (529s, UTMA, etc.) General estate planning guidance Retirement income strategy General tax planning
user avatar

Emma S

CFP®, Series 65

Fort Worth, TX

AKG Financial Group

Emma Simmons is a CFP® and holds a Series 65 license with nine years of experience in the financial industry. She has worked at AKG Financial Group since 2021 and previously spent seven years at Diesslin Group, Inc. located in Fort Worth, TX. AKG Financial Group provides discretionary portfolio management and financial planning primarily for individual and high-net-worth clients. The firm employs a range of investment strategies including fundamental analysis, modern portfolio theory, and quantitative methods, and offers access to both traditional and alternative investment vehicles.

Cash flow / budgeting College savings (529s, UTMA, etc.) General estate planning guidance Retirement income strategy General tax planning
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