Mercantile Investment Advisors
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Total assets under management
$130,177,520
Total clients
72
38% high-net worth
Total advisors
2
of 3 employees
Firm size
Supported
1-3 advisors or $200M+ in AUM
Average clients per advisor
36
Average account size
$1,808,021
About
Mercantile Investment Advisors provides discretionary investment management to individuals (including high-net-worth households) and a range of institutional clients, using equities, fixed income, exchange-traded and mutual fund securities and cash instruments. The firm offers tailored portfolio services across account types such as IRAs, retirement plans, trusts, foundations, and pension plans, and operates on a fee-based, asset-under-management model.
Portfolios are constructed using a mix of fundamental and technical analysis, with asset allocations adjusted for individual risk profiles, tax considerations, and income needs; the firm documents reviews on a regular cadence (daily to quarterly) and typically executes trades through a recommended qualified custodian. The adviser assesses market opportunities without strict style or sector constraints and generally manages accounts on a discretionary basis with limited power of attorney for trade execution and fee deduction.
Compared with many peers, the firm issues periodic written communications to clients (in addition to custodian statements and an annual privacy notice) and the current ADV brochure, a practice that is relatively uncommon among similar firms. The firm also notes experience helping to launch and administer two proprietary mutual funds and offers referral-based fee reductions and occasional waivers of account minimums, distinguishing its operational and product background for a small advisory team.
Client services
Fee options
$0 - $500,000: 1.00% $500,000 - $1,000,000: 0.85% $1,000,000 - $2,000,000: 0.75% $2,000,000 - $5,000,000: 0.60% $5,000,000+: 0.50%
Account minimum: $500,000 – waived under certain circumstances Fee-only: Fee-based only, no commissions or sales fees
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Main office location
Mercantile Investment Advisors
901 Indiana Ave, Suite 450
Wichita Falls TX 76301, United States
Number of offices
1
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