Openair Financial, LLC logo

Openair Financial, LLC

Updated today

Client assets under management

$318,000,000

Clients

860

19% high-net worth

Advisors

7

of 7 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

123

Very High

Average account size

$369,767

About

OpenAir Financial provides discretionary asset management, financial planning, and consulting to individuals (including high‑net‑worth clients), trusts, estates, charitable organizations, and business entities; the firm also offers public seminars and workshops that are educational and free to attend. As of December 31, 2025, OpenAir reported approximately $318 million in discretionary assets under management across roughly 860 client relationships.

The firm structures portfolios around client‑specific goals, time horizons, and risk tolerances, employing fundamental analysis and a mix of long‑term, short‑term, and trading strategies. OpenAir implements strategies both directly and via third‑party platforms and managers (including SMAs, UMAs, and TAMPs), delivers written financial plans generally within 30 days, and bills investment management fees quarterly in advance while imposing no account minimum.

Notable differences from many peers include operating multiple offices (six) and maintaining a program of public educational seminars and workshops, features that are less common for team firms. The firm is jointly owned by three principals with roughly equal stakes and operates an affiliated insurance agency through which principals spend about 10% of their time and may receive commission compensation; this relationship is disclosed in the brochure and identified as a potential conflict the firm seeks to mitigate through disclosure and fiduciary procedures.

Client services

Financial planning Portfolio management Educational seminars or workshops

Expertise

General retirement planning Retirement income strategy Income planning General estate planning guidance College savings (529s, UTMA, etc.)

Fee options

Fixed

Financial planning flat fee of $5,000

Percentage

$0 - $500,000: 1.25% annually $500,001 - $1,000,000: 1.00% annually $1,000,001 - $2,000,000: 0.90% annually $2,000,001 - $5,000,000: 0.80% annually $5,000,001+: Negotiable

Main office location

Openair Financial, LLC

280 Miron Drive

Southlake TX 76092, United States

Number of offices

6

Most active in

Texas · Utah

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

Landon M

Series 63, Series 65

Southlake, TX

Openair Financial, LLC

Landon Mc Bride is a financial advisor at OpenAir Financial, LLC with 23 years of industry experience. He holds Series 63 and Series 65 designations and has worked at several firms including AssetBuilder, Inc., Hedgeserv, and TD AMERITRADE. OpenAir Financial, LLC provides discretionary asset management and financial planning services to individuals, trusts, estates, charitable organizations, corporations, and other business entities. The firm employs fundamental analysis to construct portfolios aligned with client goals and offers public educational seminars and workshops.

General retirement planning Retirement income strategy Income planning General estate planning guidance College savings (529s, UTMA, etc.)
user avatar

Kenneth C

Series 66

Southlake, TX

Openair Financial, LLC

Kenneth Calhoun is a financial advisor at OpenAir Financial, LLC with 13 years of industry experience. He holds a Series 66 designation and has previously worked at Goldman Sachs Personal Financial Management, United Capital Financial Advisers, J.P. Morgan Securities, and Fidelity Investments. OpenAir Financial provides discretionary asset management and financial planning services to individuals, trusts, estates, charitable organizations, and business entities. The firm emphasizes portfolios built on client goals and risk tolerance, employing fundamental analysis and various investment strategies, and also offers public educational seminars and insurance products through an affiliated entity.

General retirement planning Retirement income strategy Income planning General estate planning guidance College savings (529s, UTMA, etc.)
user avatar

Dennis O

Series 65

Midvale, UT

Openair Financial, LLC

Dennis Overstreet is a financial advisor at OpenAir Financial, LLC with 12 years of industry experience and a Series 65 credential. His prior roles include positions at Mercer Global Advisors, Lake Point Advisory Group, AE Wealth Management, Keystone Wealth Advisors, and Secure Retirement Planning. He is also involved in insurance sales through an affiliated entity, OpenAir Advisory, LLC. OpenAir Financial, LLC provides discretionary asset management and financial planning to individuals, trusts, estates, charitable organizations, and business entities. The firm employs a client-focused investment approach that incorporates fundamental analysis, portfolio rebalancing, and tax-loss harvesting, and it offers educational seminars and insurance products through its affiliated insurance business.

General retirement planning Retirement income strategy Income planning General estate planning guidance College savings (529s, UTMA, etc.)
user avatar

Chris M

Series 63, Series 65

Southlake, TX

Openair Financial, LLC

Chris Massenburg is a financial advisor at OpenAir Financial, LLC with 10 years of industry experience. He holds Series 63 and Series 65 licenses and has worked at OpenAir Advisory, LLC and Lake Point Wealth Management, LLC. Outside of his advisory role, he is also an insurance agent affiliated with OpenAir Advisory. OpenAir Financial, LLC provides discretionary asset management and financial planning to individuals, trusts, estates, charitable organizations, corporations, and other business entities. The firm employs fundamental analysis to construct portfolios tailored to client goals and risk tolerance, and offers public educational seminars along with insurance products through an affiliated entity.

General retirement planning Retirement income strategy Income planning General estate planning guidance College savings (529s, UTMA, etc.)
user avatar

Jonathan L

CFP®, Series 66

Southlake, TX

Openair Financial, LLC

Jonathan Lawton is a CFP® with 19 years of industry experience, currently serving as an advisor at OpenAir Financial, LLC. His prior experience includes roles at GF Investment Services, LLC, and Lake Point Advisory Group. He is also licensed as an insurance agent and dedicates part of his time to selling insurance through an affiliated entity. OpenAir Financial, LLC provides discretionary asset management and financial planning services to individuals, trusts, estates, charitable organizations, and business entities. The firm employs a strategy based on client goals and risk tolerance, offering a range of portfolio management techniques alongside financial planning and public educational seminars.

General retirement planning Retirement income strategy Income planning General estate planning guidance College savings (529s, UTMA, etc.)
user avatar

Jeffery B

Series 65

Southlake, TX

Openair Financial, LLC

Jeffery Butler is a financial advisor at OpenAir Financial, LLC with five years of industry experience. He holds a Series 65 designation and has worked at OpenAir Financial and OpenAir Advisory since 2021. Butler is also the owner and attorney at Butler Law Office, PLLC dba Atrium Legal Group, a legal practice he has maintained since 2014. OpenAir Financial, LLC provides discretionary asset management and financial planning services to individuals, trusts, estates, charitable organizations, corporations, and other business entities. The firm employs fundamental analysis to construct portfolios tailored to client goals and risk tolerance, and it offers public educational seminars and insurance products through an affiliated insurance entity.

General retirement planning Retirement income strategy Income planning General estate planning guidance College savings (529s, UTMA, etc.)
user avatar

Stewart F

CFP®, Series 63, Series 65

Southlake, TX

Openair Financial, LLC

Stewart Fields is a CERTIFIED FINANCIAL PLANNER™ with 12 years of industry experience. He is currently with OpenAir Financial, LLC, where he has worked since 2019. Prior to that, he was with Lake Point Wealth Management, LLC from 2015 to 2019. In addition to his advisory role, Fields is an owner and insurance agent at OpenAir Advisory, LLC, where he dedicates time to insurance sales. OpenAir Financial, LLC serves individuals, trusts, estates, charitable organizations, corporations, and other business entities with discretionary asset management and financial planning. The firm employs fundamental analysis and tailored strategies based on client goals and risk tolerance, and it also offers educational seminars and insurance products through its affiliated insurance entity.

General retirement planning Retirement income strategy Income planning General estate planning guidance College savings (529s, UTMA, etc.)
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