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The Arkansas Financial Group, Inc.

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Client assets under management

$958,058,546

Clients

367

68% high-net worth

Advisors

5

of 11 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

73

High

Average account size

$2,610,514

About

The Arkansas Financial Group offers fee-only wealth management and discretionary portfolio management to individuals, high net worth clients, retirement plans, trusts, estates, charitable organizations, and business entities. Its services combine core financial planning and ongoing investment supervision across mutual funds, ETFs, and individual fixed-income instruments, with the option to address variable annuity sub-accounts and 401(k) allocations.

AFG’s investment approach is grounded in Modern Portfolio Theory and behavioral finance, using portfolio-optimization software (in place since the early 1990s) to set asset allocation and an Investment Policy Statement, and employing conditional rebalancing (a 25% variance trigger) to maintain target exposures. The firm typically manages accounts on a discretionary basis, accommodates client-specific requests (for example, holding individual equities or coordinating non-managed “Excluded Assets”), and uses custodial and reporting platforms such as Fidelity and eMoney/PlanFirst for account aggregation and reporting.

Notable features called out in the brochure include an explicit discussion of borrowing against client assets—margin and pledged-asset loans—permitted for short-term purposes but accompanied by detailed risk disclosures and acknowledgement of potential economic benefits to the firm. The brochure also documents the firm’s AI policy for approved tool use, fee accommodations for young professionals and physicians in training, and directs readers to the firm’s website and its SEC adviserinfo profile for additional third‑party information.

Client services

Financial planning Portfolio management

Expertise

Income planning Retirement plans for business owners (SEP, solo 401k) Active portfolio management Options & derivatives strategies Tax-loss harvesting

Occupation focus

Retired Founder/Business Owner Doctor or Medical Professional

Demographic focus

Young Professionals

Fee options

Fixed

Core Financial Planning Fee is an annual fixed fee calculated based on anticipated or actual billable hours, generally minimum $600 annually

Percentage

$0 - $125,000: 0.90% $125,001 - $250,000: 0.648% $250,001 - $500,000: 0.466% $500,001 - $1,000,000: 0.335% $1,000,001+: 0.25%

Project-based

Hourly rates range from $50 to $350 for financial planning and consultation services

Other

Minimum fee: $600 minimum annual investment management fee and $600 minimum annual Core Fee, generally $150 per quarter Fee-only: Fee only basis including investment advisory fees, fixed fees for financial planning, and hourly rates from $50 to $350

Main office location

The Arkansas Financial Group, Inc.

1001 N. University Ave., Suite 200

Little Rock AR 72207-6366, United States

Number of offices

1

Most active in

Alabama · Arkansas · California · Florida · Louisiana · Michigan · Ohio · 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

John B

CFP®, Series 66

Little Rock, AR

The Arkansas Financial Group, Inc.

John Broadwater is a CFP® with 27 years of experience, currently serving at The Arkansas Financial Group, Inc. since 2009. Prior to his financial advisory career, he worked at the University of Arkansas for Medical Sciences for over three decades. The Arkansas Financial Group, Inc. is an SEC-registered investment adviser managing approximately $861 million for around 350 clients, including individuals, high-net-worth investors, and institutional accounts. The firm offers fee-only wealth management using Modern Portfolio Theory and Behavioral Finance, with portfolio optimization software and a focus on mutual funds, ETFs, and individual debt securities.

Income planning Retirement plans for business owners (SEP, solo 401k) Active portfolio management Options & derivatives strategies Tax-loss harvesting Retired Founder/Business Owner Doctor or Medical Professional Young Professionals
user avatar

Mary M

CFP®, Series 65

Little Rock, AR

The Arkansas Financial Group, Inc.

Mary Mccraw is a CFP® and holds a Series 65 license with 22 years of industry experience. She has been with The Arkansas Financial Group, Inc. in Little Rock, AR since 2008. The Arkansas Financial Group, Inc. is an SEC-registered investment adviser managing approximately $861 million for around 350 clients, including individual and high-net-worth investors as well as pension, trust, and institutional accounts. The firm offers fee-only wealth management combining discretionary portfolio management with financial planning and consulting, utilizing Modern Portfolio Theory and Behavioral Finance in its portfolio construction.

Income planning Retirement plans for business owners (SEP, solo 401k) Active portfolio management Options & derivatives strategies Tax-loss harvesting Retired Founder/Business Owner Doctor or Medical Professional Young Professionals
user avatar

Kristina B

CFP®, PFS™

Little Rock, AR

The Arkansas Financial Group, Inc.

Kristina Bolhouse is a CFP® and PFS™ with 24 years of industry experience, currently serving at The Arkansas Financial Group, Inc. since 1999. She is based in Little Rock, AR, and works within a team of five advisors. The Arkansas Financial Group, Inc. is an SEC-registered investment adviser managing approximately $861 million for about 350 clients, including individual, high-net-worth, pension, trust, and institutional accounts. The firm offers fee-only wealth management that integrates discretionary portfolio management with financial planning and consulting, using portfolio construction methods based on Modern Portfolio Theory and Behavioral Finance.

Income planning Retirement plans for business owners (SEP, solo 401k) Active portfolio management Options & derivatives strategies Tax-loss harvesting Retired Founder/Business Owner Doctor or Medical Professional Young Professionals
user avatar

Fredrick A

CFP®, ChFC®, Series 63

Little Rock, AR

The Arkansas Financial Group, Inc.

Fredrick Adkins III is a CFP® and ChFC® with 40 years of industry experience. He has been with The Arkansas Financial Group, Inc. since 1982. The Arkansas Financial Group, Inc. is an SEC-registered investment adviser managing approximately $861 million for around 350 clients, including individuals, high-net-worth investors, and institutional accounts. The firm provides fee-only wealth management combining discretionary portfolio management with financial planning and consulting, using a portfolio construction approach based on Modern Portfolio Theory and Behavioral Finance.

Income planning Retirement plans for business owners (SEP, solo 401k) Active portfolio management Options & derivatives strategies Tax-loss harvesting Retired Founder/Business Owner Doctor or Medical Professional Young Professionals
user avatar

Jacob S

CFP®

Little Rock, AR

The Arkansas Financial Group, Inc.

Jacob Spradlin is a CFP® professional with approximately one year of industry experience. He is currently with The Arkansas Financial Group, Inc., where he has worked since 2023. Prior to this, he held positions at Pacific Premier Bank, Centennial Bank, and Northwestern Mutual. The Arkansas Financial Group, Inc. is an SEC-registered adviser managing about $861 million for roughly 350 clients, including individuals, high-net-worth investors, and institutional accounts. The firm offers fee-only wealth management based on Modern Portfolio Theory and Behavioral Finance, utilizing portfolio optimization software and a range of investment vehicles such as mutual funds, ETFs, and individual debt securities.

Income planning Retirement plans for business owners (SEP, solo 401k) Active portfolio management Options & derivatives strategies Tax-loss harvesting Retired Founder/Business Owner Doctor or Medical Professional Young Professionals
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