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FMP Wealth Advisers

Updated today

Client assets under management

$1,208,839,858

Clients

721

45% high-net worth

Advisors

11

of 14 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

66

Typical

Average account size

$1,676,616

About

FMP Wealth Advisers provides fee-only financial planning and investment management to individuals, pension and profit‑sharing plans, trusts, estates, charitable organizations and small businesses. The firm offers model portfolio management, separately managed accounts, and retirement-plan fiduciary services alongside more traditional planning areas such as tax, estate and cash‑flow planning.

The firm manages approximately $1.34 billion in client assets and runs most accounts on a discretionary basis (about $1,313,431,899 discretionary and $26,712,169 non‑discretionary as of 12/31/2025), using model allocations such as Dynamic and Fully Invested Asset Allocation and a proprietary manager selection and monitoring process. Portfolios typically use mutual funds, ETFs (including occasional geared funds) and may include digital assets when appropriate; the firm applies share‑class selection practices and periodic reviews to align accounts with model objectives.

Notably, FMP serves as investment manager and sponsor to private pooled investment vehicles—the Private Funds—managing those pooled vehicles on a discretionary basis under private placement documents and acting through related general‑partner arrangements. This role as a private fund adviser and fund sponsor, with associated audited fund reporting and custody considerations, is less common among multi‑team firms and distinguishes its business mix from many peers.

Client services

Financial planning Portfolio management Selection of other advisers

Expertise

Active portfolio management Cash flow / budgeting

Occupation focus

Founder/Business Owner Executive

Fee options

Fixed

Flat fee for financial plans based on complexity; ranges from $0 to $2,500.

Percentage

$0+: 0.15% to 1.0% $0+: SMA fixed income strategies: 0.60% to 1.30% $0+: SMA equity strategies: 0.60% to 1.50%

Other

Minimum fee: Flat fee amount ranges from $0 to $2,500.00 based on factors like meeting frequency and review responsibilities. Fee-only: Firm is strictly fee-only; does not accept commissions or any form of commission-based compensation.

Main office location

FMP Wealth Advisers

6034 West Courtyard Drive, Suite 380

Austin TX 78730, United States

Number of offices

2

Most active in

California · Colorado · Florida · Louisiana · Mississippi · Oklahoma · 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

Daniel F

CFP®, CFA®, Series 66

Lake Charles, LA

FMP Wealth Advisers

Daniel Frick is a CFP®, CFA®, and Series 66-licensed advisor with 18 years of industry experience. He has been with Financial Management Professionals, Inc. (FMP Wealth Advisers) since 2012. FMP Wealth Advisers provides financial planning and investment management services to individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, and small businesses. The firm uses model asset-allocation portfolios and separately managed accounts, employing a proprietary manager selection process and discretionary authority, and manages approximately $1.13 billion for about 700 clients.

Active portfolio management Cash flow / budgeting Founder/Business Owner Executive
user avatar

John H

CFP®

Lake Charles, LA

FMP Wealth Advisers

John Hixson is a CFP® professional with 23 years of experience in financial advising at FMP Wealth Advisers in Lake Charles, LA. He has been associated with Financial Management Professionals, Inc. since 1993 and manages private investments through a family limited liability company. FMP Wealth Advisers provides financial planning and investment management services to individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, and small businesses. The firm uses model asset-allocation portfolios and separately managed accounts with a proprietary manager selection process, serving approximately 700 clients and managing around $1.13 billion in assets.

Active portfolio management Cash flow / budgeting Founder/Business Owner Executive
user avatar

Joshua W

Series 65

Lake Charles, LA

FMP Wealth Advisers

Joshua Williams is a financial advisor at FMP Wealth Advisers with one year of industry experience. He holds a Series 65 designation and has previously worked at the University of Southern Mississippi and FOCUS. FMP Wealth Advisers provides financial planning and investment management to individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, and small businesses. The firm uses model asset-allocation portfolios and separately managed accounts with a proprietary manager selection process, managing approximately $1.13 billion for about 700 clients.

Active portfolio management Cash flow / budgeting Founder/Business Owner Executive
user avatar

Marc H

Series 63

Austin, TX

FMP Wealth Advisers

Marc Hixson is a financial advisor at FMP Wealth Advisers in Austin, TX, with 23 years of industry experience. He holds a Series 63 designation and has been with Financial Management Professionals, Inc. since 1998. FMP Wealth Advisers provides financial planning and investment management services to individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, and small businesses. The firm uses model asset-allocation portfolios and separately managed accounts, operating on a fee-only basis and serving approximately 700 clients with around $1.13 billion in assets under management.

Active portfolio management Cash flow / budgeting Founder/Business Owner Executive
user avatar

Kevin H

CFP®, Series 63

Austin, TX

FMP Wealth Advisers

Kevin Hixson is a CFP® with 23 years of industry experience and has been with Financial Management Professionals, Inc. since 1989. He is based in Austin, TX, and holds a Series 63 license. FMP Wealth Advisers provides financial planning and investment management services to individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, and small businesses. The firm uses model portfolios and separately managed accounts with a proprietary manager selection process and serves as investment manager and general partner to several private investment funds.

Active portfolio management Cash flow / budgeting Founder/Business Owner Executive
user avatar

Adam T

CFP®, Series 63

Austin, TX

FMP Wealth Advisers

Adam Todd is a CFP® professional with 23 years of experience in financial advising. He has been with Financial Management Professionals, Inc. since 1997. Based in Austin, TX, he holds the Series 63 designation. FMP Wealth Advisers provides financial planning and investment management services to individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, and small businesses. The firm utilizes model asset-allocation portfolios and separately managed accounts, operating on a fee-only basis with ERISA fiduciary responsibilities for retirement accounts.

Active portfolio management Cash flow / budgeting Founder/Business Owner Executive
user avatar

Timothy N

Series 66

Austin, TX

FMP Wealth Advisers

Timothy Nabers is a financial advisor at FMP Wealth Advisers with 24 years of industry experience. He holds the Series 66 designation and has worked at Financial Management Professionals, Inc. since 2018, following a 13-year tenure at Raymond James & Associates. Nabers serves as a director on the board of Citizens National Bank in Brownwood, TX. FMP Wealth Advisers provides financial planning and investment management to individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, and small businesses. The firm uses model asset-allocation portfolios and separately managed accounts based on a proprietary manager selection process, managing approximately $1.13 billion for about 700 clients.

Active portfolio management Cash flow / budgeting Founder/Business Owner Executive
user avatar

Harry H

CFP®, Series 63

Austin, TX

FMP Wealth Advisers

Harry Hixson is a CFP® with 23 years of industry experience and has been with Financial Management Professionals, Inc. since 1987. He serves as a director and chairman of the board for Brookshire Brothers Ltd, a grocery store chain, where he participates in corporate oversight including financial and compensation committees. FMP Wealth Advisers provides financial planning and investment management to individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, and small businesses, utilizing model asset-allocation portfolios and separately managed accounts with a proprietary manager selection process.

Active portfolio management Cash flow / budgeting Founder/Business Owner Executive
user avatar

Michael C

Series 63, Series 65

Austin, TX

FMP Wealth Advisers

Michael Carr is a financial advisor at FMP Wealth Advisers in Austin, TX, holding Series 63 and Series 65 licenses with 24 years of industry experience. He is part of a multi-team firm comprising 11 advisors. FMP Wealth Advisers provides financial planning and investment management services to individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, and small businesses. The firm utilizes model asset-allocation portfolios and separately managed accounts through a proprietary manager selection process and operates on a fee-only basis, managing approximately $1.13 billion for around 700 clients.

Active portfolio management Cash flow / budgeting Founder/Business Owner Executive
user avatar

Casey H

Series 65

Austin, TX

FMP Wealth Advisers

Casey Hall is a financial advisor at FMP Wealth Advisers in Austin, TX, with 19 years of industry experience. He holds the Series 65 designation and has been with Financial Management Professionals, Inc. since 2006. FMP Wealth Advisers provides financial planning and investment management services to individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, and small businesses. The firm employs model asset-allocation portfolios and separately managed accounts using a proprietary manager selection and monitoring process, managing approximately $1.13 billion for about 700 clients.

Active portfolio management Cash flow / budgeting Founder/Business Owner Executive
user avatar

James P

Series 65

Austin, TX

FMP Wealth Advisers

James Pendleton is a financial advisor at FMP Wealth Advisers in Austin, TX, holding a Series 65 designation with five years of industry experience. Prior to joining FMP Wealth Advisers in 2020, he worked briefly at First Financial Trust and spent four years each at Abilene Christian University and Vandergrift High School. FMP Wealth Advisers provides financial planning and investment management services to individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, and small businesses. The firm uses model asset-allocation portfolios and separately managed accounts through a proprietary manager selection process and serves as investment manager and general partner to several private investment funds.

Active portfolio management Cash flow / budgeting Founder/Business Owner Executive
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