Finding a Top Financial Advisor Firm in Southlake, Texas
If you're looking for a financial advisor in Southlake, Texas, we can help make your search a little easier. In order to help you make your choice, we did extensive research on the top firms in the city. We compiled information on the types of advisory services offered by each firm, as well as their client bases, financial certifications, account minimums and more. You can also try using SmartAsset's free financial advisor matching tool to find up to three vetted advisors who serve your area.
Find a Fiduciary Financial Advisor
We match nearly 50,000 people with financial advisors per month. Get connected to an advisor that serves your area today.| Rank | Financial Advisor | Assets Managed | Minimum Assets | Financial Services | More Information |
|---|---|---|---|---|---|
| 1 | OpenAir Financial, LLC  Find an Advisor | $280,800,000 | No set account minimum |
| Minimum AssetsNo set account minimumFinancial Services
|
| 2 | Mills Wealth Advisors, LLC  Find an Advisor | $440,076,004 | $500,000 |
| Minimum Assets$500,000Financial Services
|
| 3 | TL Private Wealth  Find an Advisor | $328,264,781 | $1,000,000 |
| Minimum Assets$1,000,000Financial Services
|
Let us help match you with up to three vetted fiduciary financial advisors.Answer a few questions to get matched. | |||||
| 4 | Corps Capital Advisors, LLC  Find an Advisor | $147,808,295 | $10,000,000 |
| Minimum Assets$10,000,000Financial Services
|
| 5 | Solutions 4 Wealth  Find an Advisor | $173,592,028 | No set account minimum |
| Minimum AssetsNo set account minimumFinancial Services
|
What We Use in Our Methodology
To find the top financial advisors in Southlake, we first identified all firms registered with the SEC in the city. Next, we filtered out firms that don't offer financial planning services, those that don't serve primarily individual clients and those that have disclosures on their record. The qualifying firms were then ranked according to the following criteria:
-
![]()
AUMFirms with more total assets under management are ranked higher. -
![]()
Individual Client CountFirms who serve more individual clients (as opposed to institutional clients) are ranked higher. -
![]()
Clients Per AdvisorFirms with a lower ratio of clients per financial advisor are ranked higher. -
![]()
Age of FirmFirms that have been in business longer are ranked higher.
All information is obtained through public records and is updated annually after the firms’ form ADV filing. This list may include firms that have a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. Such relationships have no impact on our rankings, and firms are included and ranked based strictly on the above criteria. SmartAsset is not a client of the aforementioned firms, and did not receive compensation for including any of the firms on the aforementioned list.
OpenAir Financial
OpenAir Financial, a fee-based firm, is one of the younger firms on our list since it became a firm in 2018.
OpenAir Financial's investment strategy utilizes fundamental analysis and security analysis. Other strategies include investment planning, cash flow analysis, tax planning and estate planning among others. While using these methods, OpenAir Financial also takes risks into consideration such as market risk, inflation risk, risk management, interest rate risk, currency risk and more.
According to the firm, its investment strategy involves, "objectives stated by the Client during consultations. The client may change these objectives at any time by providing written notice to OpenAir. Each client executes a client profile form or similar form that documents their objectives and their desired investment strategy."
Mills Wealth Advisors
The first firm on our list of the top financial advisors in Southlake is Mills Wealth Advisors. The firm's client base is relatively diverse, though it primarily works with high-net-worth and non-high-net-worth individuals. It maintains advisory relationships with pension and profit-sharing plans, pooled investment vehicles, businesses and charities as well. The firm's account minimum is $500,000.
This firm provides financial planning and consulting services, along with asset management, to its national network of clients. It places a strong emphasis on advising clients through life events, such as retirement or starting a business. As a result, it takes a personal approach to all of its services.
Mills Wealth Advisors works with clients to determine their investment goals, risk tolerance, time horizon and other important factors so that advisors can properly provide investment advisory services for them. Depending on your ability to stomach risk and volatility, advisors may invest your assets in one or more model portfolios that are pre-created by the firm. This is as opposed to a situation where the firm fully customizes a strategy to your needs and goals.
This firm's advisors trade both public and private investments, but they namely invest in mutual funds, exchange-traded funds (ETFs), real estate, stocks, fixed-income securities and structured products. Model portfolios typically consist of low-cost mutual funds as well as ETFs. The firm implements investment strategies using long- and short-term purchases, margin transactions and options writing. Additionally, the team will continually monitor and rebalance your portfolio, looking to effectively diversify and reduce risk while allocating assets according to your ultimate financial goals.
TL Private Wealth
TL Private Wealth has a client base that's comprised entirely of individuals. Of these clients, about half of them don't have a high net worth, with the rest coming in above the high-net-worth threshold. To work with this firm, you'll need a minimum of $1 million in investable assets. However, under certain circumstances, the firm may waive or adjust this requirement.
This firm has a range of offerings, from investment supervision and management to financial planning. The latter can relate to topics like investment planning, life insurance planning, tax planning, retirement planning, college planning and debt planning. The firm manages the vast majority of its assets on a discretionary basis.
TL Private Wealth's investment strategies are tailored to the individual needs of clients. At the beginning of each client relationship, advisors create an investment policy statement (IPS) that highlights and outlines their income, tax requirements, risk tolerance, time horizon and other important factors. Clients are also permitted to impose reasonable restrictions on how their money is managed, though there are some limits to this feature.
In order to best analyze potential investment opportunities, the firm utilizes charting and fundamental, technical and cyclical methods of analysis. Advisors typically use a variety of mutual funds, equities, bonds and fixed-income securities, exchange-traded funds (ETFs), real estate investment trusts (REITs), insurance products, annuities and government securities to build out portfolios for clients. That being said, advisors may use other investments and asset classes when appropriate.
Corps Capital Advisors
Corps Capital Advisors is the most exclusive firm on this list, as it requires a $10 million minimum account size for new clients. However, the firm may decide to waive this minimum in certain situations. Even so, the firm's client base is comprised of only about 28 clients, with nearly half of them being ultra-high-net-worth individuals. Corps Capital also works with non-high-net-worth individuals and a pooled investment vehicle.
This firm is a multi-family office, which means it offers comprehensive advisory services to its clients. This involves tax and accounting services, trust and estate planning, portfolio management, custody lending and more.
Corps Capital Advisors tailors every portfolio it makes to the individual needs of its family office clients. Factors that the firm takes into account include the client's net worth, income levels, risk tolerance, investment goals, time horizon, tax situation, liquidity needs and more. Once the client's assets are invested, the firm will perform regular supervision and make changes based on market conditions.
While this firm is technically open to investing in a number of different securities, it tends to invest in mutual funds, individual equity and fixed-income securities, exchange-traded funds (ETFs) and private investments. The firm tends to invest using a long-term approach.
Solutions 4 Wealth
Solutions 4 Wealth is a newcomer this year and ranks third on our list of the top financial advisors in Southlake. The firm primarily works with non-high-net-worth and high-net-worth individuals. It maintains advisory relationships with pension and profit-sharing plans, trusts and estates. This firm provides financial planning and asset management to its advisory clients. It has developed several products to help guide individuals, including a Life Evaluation Profile, Personal Financial Census, Investment Ffilter and Diversification Strategy.
As a fee-based firm, Solutions 4 Wealth may earn commissions from insurance sales in addition to basic advisory fees. Despite this potential conflict of interest, the firm is still a fiduciary, meaning it is legally bound to act in your best interest at all times. There is no set account minimum.
Solutions 4 Wealth works with clients to determine their investment goals, risk tolerance, time horizon and other important factors so that advisors can properly determine the best investment profile for them. Depending on the client's profile, advisors may invest your assets in one of ten portfolios that are pre-created by the firm. The firm adheres to a long-term "buy and hold" strategy, stating that managers cannot consistently choose individual stocks that will outperform their respective markets. As such, Solutions 4 Wealth advises potential clients that the company's strategy will likely lose out on short-term market up- and downswings. The firm is best suited for long-term investment returns.
