# Hourly financial advisors in Alabama

> AdvisorCensus lists 94 investment advisory firms with a principal office in Alabama that report hourly charges among their Form ADV Item 5.E compensation arrangements, drawn from Form ADV filings as of October 2026. Firms are listed alphabetically; sort by years registered or assets band using the controls below, and read the methodology block for how this page is derived.

Source: Form ADV filings as of October 2026. Rebuilt monthly. HTML page: https://advisorcensus.com/advisors/al/hourly/page/2

## At a glance

- Investment advisory firms: 94
- Registration: SEC-registered investment adviser: 43, State-registered investment adviser: 51
- How firms are compensated (Form ADV Item 5.E; shares of the firms that file it): Fee-only (AdvisorCensus test) 36 (38%); Percentage of assets 92 (98%); Hourly charges 94 (100%); Subscription fees (newsletter or periodical) 1 (1%); Fixed fees 72 (77%); Performance-based fees 4 (4%); Other 9 (10%)
- Regulatory assets under management (Item 5.F): Under $25 million 28 (30%); $25 million to $100 million 17 (18%); $100 million to $500 million 22 (23%); $500 million to $1 billion 10 (11%); $1 billion to $5 billion 8 (9%); Over $5 billion 4 (4%); Not reported 5 (5%)
- Years registered: Under 5 years 31 (33%); 5 to 9 years 19 (20%); 10 to 19 years 23 (24%); 20 years or more 20 (21%); Not reported 1 (1%)

## Firms (page 2 of 2, 51 to 94 of 94, sorted by name)

| Firm | CRD | City | Registration | Assets band | Years registered | Compensation |
| --- | --- | --- | --- | --- | --- | --- |
| [Lifefirst Wealth, LLC](https://advisorcensus.com/firm/lifefirst-wealth-llc-huntsville-al-331242) ([md](https://advisorcensus.com/firm/lifefirst-wealth-llc-huntsville-al-331242.md)) | 331242 | Huntsville, AL | State-registered investment adviser | Under $25 million | 1 | % of assets, Hourly, Fixed fee |
| [Lipscomb Investment Group, LLC](https://advisorcensus.com/firm/lipscomb-investment-group-llc-auburn-al-131869) ([md](https://advisorcensus.com/firm/lipscomb-investment-group-llc-auburn-al-131869.md)) | 131869 | Auburn, AL | State-registered investment adviser | $25 million to $100 million | 14 | % of assets, Hourly, Fixed fee, Performance fee |
| [Magnolia Wealth Management LLC](https://advisorcensus.com/firm/magnolia-wealth-management-llc-dothan-al-297598) ([md](https://advisorcensus.com/firm/magnolia-wealth-management-llc-dothan-al-297598.md)) | 297598 | Dothan, AL | SEC-registered investment adviser | $100 million to $500 million | 4 | % of assets, Hourly |
| [Meld Financial, Inc.](https://advisorcensus.com/firm/meld-financial-inc-birmingham-al-118896) ([md](https://advisorcensus.com/firm/meld-financial-inc-birmingham-al-118896.md)) | 118896 | Birmingham, AL | SEC-registered investment adviser | $500 million to $1 billion | 22 | % of assets, Hourly, Fixed fee |
| [Mitchell, McLeod, Pugh & Williams, Inc.](https://advisorcensus.com/firm/mitchell-mcleod-pugh-and-williams-inc-mobile-al-138240) ([md](https://advisorcensus.com/firm/mitchell-mcleod-pugh-and-williams-inc-mobile-al-138240.md)) | 138240 | Mobile, AL | SEC-registered investment adviser | $1 billion to $5 billion | 20 | % of assets, Hourly, Fixed fee |
| [Mobile Bay Wealth Management, LLC](https://advisorcensus.com/firm/mobile-bay-wealth-management-llc-mobile-al-324371) ([md](https://advisorcensus.com/firm/mobile-bay-wealth-management-llc-mobile-al-324371.md)) | 324371 | Mobile, AL | State-registered investment adviser | $25 million to $100 million | Not reported | % of assets, Hourly, Fixed fee |
| [Money Management Services Inc](https://advisorcensus.com/firm/money-management-services-inc-birmingham-al-106832) ([md](https://advisorcensus.com/firm/money-management-services-inc-birmingham-al-106832.md)) | 106832 | Birmingham, AL | SEC-registered investment adviser | $100 million to $500 million | 33 | % of assets, Hourly, Fixed fee |
| [Naviant Partners, LLC](https://advisorcensus.com/firm/naviant-partners-llc-fairhope-al-339108) ([md](https://advisorcensus.com/firm/naviant-partners-llc-fairhope-al-339108.md)) | 339108 | Fairhope, AL | SEC-registered investment adviser | $100 million to $500 million | 0 | % of assets, Hourly, Fixed fee |
| [Navigate Wealth Management, LLC](https://advisorcensus.com/firm/navigate-wealth-management-llc-birmingham-al-173770) ([md](https://advisorcensus.com/firm/navigate-wealth-management-llc-birmingham-al-173770.md)) | 173770 | Birmingham, AL | SEC-registered investment adviser | $100 million to $500 million | 8 | % of assets, Hourly, Fixed fee, Other |
| [Next Level Accounting, LLC](https://advisorcensus.com/firm/next-level-accounting-llc-vestavia-hills-al-322125) ([md](https://advisorcensus.com/firm/next-level-accounting-llc-vestavia-hills-al-322125.md)) | 322125 | Vestavia Hills, AL | State-registered investment adviser | Not reported | 4 | % of assets, Hourly |
| [Oakworth Asset Management, LLC](https://advisorcensus.com/firm/oakworth-asset-management-llc-birmingham-al-335388) ([md](https://advisorcensus.com/firm/oakworth-asset-management-llc-birmingham-al-335388.md)) | 335388 | Birmingham, AL | SEC-registered investment adviser | $500 million to $1 billion | 1 | % of assets, Hourly, Fixed fee |
| [Old Oak Advisors, LLC](https://advisorcensus.com/firm/old-oak-advisors-llc-vestavia-hills-al-159893) ([md](https://advisorcensus.com/firm/old-oak-advisors-llc-vestavia-hills-al-159893.md)) | 159893 | Vestavia Hills, AL | State-registered investment adviser | Under $25 million | 14 | % of assets, Hourly, Fixed fee |
| [Oneascent Family Offices](https://advisorcensus.com/firm/oneascent-family-offices-birmingham-al-323305) ([md](https://advisorcensus.com/firm/oneascent-family-offices-birmingham-al-323305.md)) | 323305 | Birmingham, AL | SEC-registered investment adviser | $500 million to $1 billion | 3 | % of assets, Hourly, Fixed fee |
| [Oneascent Financial Services LLC](https://advisorcensus.com/firm/oneascent-financial-services-llc-birmingham-al-284549) ([md](https://advisorcensus.com/firm/oneascent-financial-services-llc-birmingham-al-284549.md)) | 284549 | Birmingham, AL | SEC-registered investment adviser | $1 billion to $5 billion | 10 | % of assets, Hourly, Fixed fee |
| [Oneascent Wealth Management](https://advisorcensus.com/firm/oneascent-wealth-management-birmingham-al-308057) ([md](https://advisorcensus.com/firm/oneascent-wealth-management-birmingham-al-308057.md)) | 308057 | Birmingham, AL | SEC-registered investment adviser | $100 million to $500 million | 6 | % of assets, Hourly, Fixed fee |
| [Park Place Capital Corporation](https://advisorcensus.com/firm/park-place-capital-corporation-homewood-al-107952) ([md](https://advisorcensus.com/firm/park-place-capital-corporation-homewood-al-107952.md)) | 107952 | Homewood, AL | SEC-registered investment adviser | $500 million to $1 billion | 38 | % of assets, Hourly, Fixed fee |
| [Planalto Financial](https://advisorcensus.com/firm/planalto-financial-338852) ([md](https://advisorcensus.com/firm/planalto-financial-338852.md)) | 338852 | Not reported, Not reported | State-registered investment adviser | Under $25 million | 0 | % of assets, Hourly, Fixed fee |
| [PMD Advisory](https://advisorcensus.com/firm/pmd-advisory-hoover-al-159443) ([md](https://advisorcensus.com/firm/pmd-advisory-hoover-al-159443.md)) | 159443 | Hoover, AL | SEC-registered investment adviser | $100 million to $500 million | 3 | % of assets, Hourly, Fixed fee, Other |
| [Porter White Investment Advisors, Inc.](https://advisorcensus.com/firm/porter-white-investment-advisors-inc-birmingham-al-110876) ([md](https://advisorcensus.com/firm/porter-white-investment-advisors-inc-birmingham-al-110876.md)) | 110876 | Birmingham, AL | SEC-registered investment adviser | $500 million to $1 billion | 21 | % of assets, Hourly, Fixed fee |
| [Providence Wealth Advisors, LLC](https://advisorcensus.com/firm/providence-wealth-advisors-llc-292109) ([md](https://advisorcensus.com/firm/providence-wealth-advisors-llc-292109.md)) | 292109 | Not reported, Not reported | State-registered investment adviser | $25 million to $100 million | 8 | % of assets, Hourly |
| [Red Oak Investment Solutions LLC](https://advisorcensus.com/firm/red-oak-investment-solutions-llc-327025) ([md](https://advisorcensus.com/firm/red-oak-investment-solutions-llc-327025.md)) | 327025 | Not reported, Not reported | State-registered investment adviser | Not reported | 3 | Hourly |
| [Redesign Wealth Planning](https://advisorcensus.com/firm/redesign-wealth-planning-robertsdale-al-330748) ([md](https://advisorcensus.com/firm/redesign-wealth-planning-robertsdale-al-330748.md)) | 330748 | Robertsdale, AL | State-registered investment adviser | Under $25 million | 2 | % of assets, Hourly, Fixed fee |
| [RFG Advisory, LLC](https://advisorcensus.com/firm/rfg-advisory-llc-vestavia-hills-al-158401) ([md](https://advisorcensus.com/firm/rfg-advisory-llc-vestavia-hills-al-158401.md)) | 158401 | Vestavia Hills, AL | SEC-registered investment adviser | Over $5 billion | 12 | % of assets, Hourly, Fixed fee |
| [RWC Wealth Management, Inc.](https://advisorcensus.com/firm/rwc-wealth-management-inc-montgomery-al-165217) ([md](https://advisorcensus.com/firm/rwc-wealth-management-inc-montgomery-al-165217.md)) | 165217 | Montgomery, AL | State-registered investment adviser | Under $25 million | 13 | % of assets, Hourly, Fixed fee |
| [Saliba Asset Management L.L.C.](https://advisorcensus.com/firm/saliba-asset-management-l-l-c-huntsville-al-123646) ([md](https://advisorcensus.com/firm/saliba-asset-management-l-l-c-huntsville-al-123646.md)) | 123646 | Huntsville, AL | State-registered investment adviser | $25 million to $100 million | 30 | % of assets, Hourly, Fixed fee |
| [Smith Thornton Advisors, LLC](https://advisorcensus.com/firm/smith-thornton-advisors-llc-huntsville-al-312537) ([md](https://advisorcensus.com/firm/smith-thornton-advisors-llc-huntsville-al-312537.md)) | 312537 | Huntsville, AL | SEC-registered investment adviser | $500 million to $1 billion | 5 | % of assets, Hourly, Fixed fee |
| [Southern Financial Group, LLC](https://advisorcensus.com/firm/southern-financial-group-llc-birmingham-al-142644) ([md](https://advisorcensus.com/firm/southern-financial-group-llc-birmingham-al-142644.md)) | 142644 | Birmingham, AL | SEC-registered investment adviser | $1 billion to $5 billion | 19 | % of assets, Hourly, Fixed fee |
| [Southern Wealth Builders](https://advisorcensus.com/firm/southern-wealth-builders-326800) ([md](https://advisorcensus.com/firm/southern-wealth-builders-326800.md)) | 326800 | Not reported, Not reported | State-registered investment adviser | Under $25 million | 3 | % of assets, Hourly, Fixed fee |
| [Spring Creek Investments](https://advisorcensus.com/firm/spring-creek-investments-144300) ([md](https://advisorcensus.com/firm/spring-creek-investments-144300.md)) | 144300 | Not reported, Not reported | State-registered investment adviser | Not reported | 17 | % of assets, Hourly, Other |
| [Still Waters Investment Strategies LLC](https://advisorcensus.com/firm/still-waters-investment-strategies-llc-337727) ([md](https://advisorcensus.com/firm/still-waters-investment-strategies-llc-337727.md)) | 337727 | Not reported, Not reported | State-registered investment adviser | Under $25 million | 0 | % of assets, Hourly, Fixed fee |
| [Stonex Advisors Inc.](https://advisorcensus.com/firm/stonex-advisors-inc-birmingham-al-174182) ([md](https://advisorcensus.com/firm/stonex-advisors-inc-birmingham-al-174182.md)) | 174182 | Birmingham, AL | SEC-registered investment adviser | Over $5 billion | 11 | % of assets, Hourly, Fixed fee |
| [Strauss Financial Group](https://advisorcensus.com/firm/strauss-financial-group-hoover-al-310512) ([md](https://advisorcensus.com/firm/strauss-financial-group-hoover-al-310512.md)) | 310512 | Hoover, AL | SEC-registered investment adviser | $100 million to $500 million | 6 | % of assets, Hourly |
| [Sunburst Financial Group, LLC](https://advisorcensus.com/firm/sunburst-financial-group-llc-vestavia-hills-al-283605) ([md](https://advisorcensus.com/firm/sunburst-financial-group-llc-vestavia-hills-al-283605.md)) | 283605 | Vestavia Hills, AL | SEC-registered investment adviser | $500 million to $1 billion | 10 | % of assets, Hourly, Fixed fee |
| [Tennessee Valley Investment Management](https://advisorcensus.com/firm/tennessee-valley-investment-management-305228) ([md](https://advisorcensus.com/firm/tennessee-valley-investment-management-305228.md)) | 305228 | Not reported, Not reported | State-registered investment adviser | Under $25 million | 6 | % of assets, Hourly |
| [The Welch Group, LLC](https://advisorcensus.com/firm/the-welch-group-llc-birmingham-al-111273) ([md](https://advisorcensus.com/firm/the-welch-group-llc-birmingham-al-111273.md)) | 111273 | Birmingham, AL | SEC-registered investment adviser | $1 billion to $5 billion | 27 | % of assets, Hourly, Fixed fee |
| [Truewealth Advisors, LLC](https://advisorcensus.com/firm/truewealth-advisors-llc-hoover-al-298838) ([md](https://advisorcensus.com/firm/truewealth-advisors-llc-hoover-al-298838.md)) | 298838 | Hoover, AL | SEC-registered investment adviser | $500 million to $1 billion | 7 | % of assets, Hourly, Fixed fee |
| [Trust Advisory Group Ltd](https://advisorcensus.com/firm/trust-advisory-group-ltd-birmingham-al-106926) ([md](https://advisorcensus.com/firm/trust-advisory-group-ltd-birmingham-al-106926.md)) | 106926 | Birmingham, AL | SEC-registered investment adviser | $100 million to $500 million | 32 | % of assets, Hourly, Fixed fee |
| [Vaughan Family Financial](https://advisorcensus.com/firm/vaughan-family-financial-huntsville-al-326452) ([md](https://advisorcensus.com/firm/vaughan-family-financial-huntsville-al-326452.md)) | 326452 | Huntsville, AL | State-registered investment adviser | Under $25 million | 3 | % of assets, Hourly, Fixed fee |
| [Walton Financial](https://advisorcensus.com/firm/walton-financial-birmingham-al-331634) ([md](https://advisorcensus.com/firm/walton-financial-birmingham-al-331634.md)) | 331634 | Birmingham, AL | SEC-registered investment adviser | $100 million to $500 million | 2 | % of assets, Hourly, Fixed fee |
| [Waverly Advisors, LLC](https://advisorcensus.com/firm/waverly-advisors-llc-birmingham-al-115332) ([md](https://advisorcensus.com/firm/waverly-advisors-llc-birmingham-al-115332.md)) | 115332 | Birmingham, AL | SEC-registered investment adviser | Over $5 billion | 24 | % of assets, Hourly, Fixed fee, Performance fee |
| [Wealth Management Consultants, LLC](https://advisorcensus.com/firm/wealth-management-consultants-llc-mobile-al-121953) ([md](https://advisorcensus.com/firm/wealth-management-consultants-llc-mobile-al-121953.md)) | 121953 | Mobile, AL | State-registered investment adviser | Under $25 million | 28 | % of assets, Hourly |
| [Welon Partners](https://advisorcensus.com/firm/welon-partners-montgomery-al-297322) ([md](https://advisorcensus.com/firm/welon-partners-montgomery-al-297322.md)) | 297322 | Montgomery, AL | State-registered investment adviser | $25 million to $100 million | 7 | % of assets, Hourly, Fixed fee |
| [Williams Financial Group](https://advisorcensus.com/firm/williams-financial-group-mobile-al-310008) ([md](https://advisorcensus.com/firm/williams-financial-group-mobile-al-310008.md)) | 310008 | Mobile, AL | SEC-registered investment adviser | $100 million to $500 million | 6 | % of assets, Hourly, Fixed fee |
| [Womack & Associates, LLC](https://advisorcensus.com/firm/womack-and-associates-llc-huntsville-al-136215) ([md](https://advisorcensus.com/firm/womack-and-associates-llc-huntsville-al-136215.md)) | 136215 | Huntsville, AL | State-registered investment adviser | Not reported | 20 | Hourly, Other |

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## Questions people ask

**How many financial advisory firms are there in Alabama?**
AdvisorCensus lists 206 investment advisory firms with a principal office in Alabama, from Form ADV filings as of October 2026: 92 SEC-registered, 102 state-registered, and 12 exempt reporting advisers. Firms may request removal, so the count can differ slightly from the number of firms that file Form ADV.

**How many fee-only financial advisors are in Alabama?**
77 of the 206 firms meet AdvisorCensus's fee-only test: paid only by a percentage of assets, hourly charges, fixed fees, or subscription fees on Form ADV Item 5.E (no commissions, performance-based fees, or other compensation), with no sales-related compensation ties in the same filing: no employee registered with a broker-dealer or licensed as an insurance agent (Item 5.B), no brokerage, insurance, real estate, or other product sales business (Item 6.A), no related broker-dealer, insurance company, real estate broker, or futures commission merchant (Item 7.A), and no referral fees from others or other sales interest (Item 8). Form ADV has no fee-only box, so this is derived from the filing; it is not a fee-only certification, and a firm's own page lists its compensation arrangements as filed.

**How many financial advisors in Alabama offer financial planning?**
124 of the 194 firms in Alabama that answer Form ADV Item 5.G, which asks what advisory services a firm provides, report financial planning services, as of October 2026. Exempt reporting advisers do not answer Item 5.G. Each firm page lists every advisory service the firm reports.

**Are the financial advisors in Alabama fiduciaries?**
Every firm on this page is an investment adviser that files Form ADV, and an investment adviser owes its clients a fiduciary duty under federal law, made up of a duty of care and a duty of loyalty: it must act in the client's best interest and not put its own interests ahead of the client's, and must eliminate its conflicts of interest or disclose them fully and fairly. Form ADV has no fiduciary box because the duty comes with being an investment adviser. The duty covers the firm's advice; a firm or its people may also sell securities through a broker-dealer or insurance as licensed agents, roles held to other standards. The 77 firms that meet AdvisorCensus's fee-only test report none of those sales ties.

**How do I check whether a financial advisor has disciplinary disclosures?**
Each firm page shows how many Form ADV Item 11 disciplinary questions the firm answered yes and links to the firm's record on the SEC's Investment Adviser Public Disclosure site (adviserinfo.sec.gov), where the detail of each disclosure is public. Individual advisers' records are on the same site and on FINRA BrokerCheck.

**Does AdvisorCensus rate, verify, or recommend these firms?**
No. The directory shows what each firm filed, in alphabetical order unless you choose another sort, and no firm's position depends on payment. Firms that claim their page can add a description and links, marked as provided by the firm; the filed facts are never changed by that content.

**What does regulatory assets under management mean?**
Regulatory assets under management (RAUM) is the figure a firm reports on Form ADV Item 5.F: the securities portfolios it provides continuous and regular supervisory or management services for, at market value, including assets managed without discretion. It measures scale, not performance or quality.

## Related pages

- [Financial advisors in Alabama](https://advisorcensus.com/advisors/al) (https://advisorcensus.com/advisors/al.md)
- [Fee-only financial advisors in Alabama](https://advisorcensus.com/advisors/al/fee-only) (https://advisorcensus.com/advisors/al/fee-only.md)
- [Flat-fee financial advisors in Alabama](https://advisorcensus.com/advisors/al/flat-fee) (https://advisorcensus.com/advisors/al/flat-fee.md)
- [Hourly financial advisors in Birmingham, AL](https://advisorcensus.com/advisors/al/birmingham/hourly) (https://advisorcensus.com/advisors/al/birmingham/hourly.md)
- [Hourly financial advisors in Huntsville, AL](https://advisorcensus.com/advisors/al/huntsville/hourly) (https://advisorcensus.com/advisors/al/huntsville/hourly.md)
- [Hourly financial advisors in Daphne, AL](https://advisorcensus.com/advisors/al/daphne/hourly) (https://advisorcensus.com/advisors/al/daphne/hourly.md)
- [Hourly financial advisors in Mobile, AL](https://advisorcensus.com/advisors/al/mobile/hourly) (https://advisorcensus.com/advisors/al/mobile/hourly.md)
- [Hourly financial advisors in Montgomery, AL](https://advisorcensus.com/advisors/al/montgomery/hourly) (https://advisorcensus.com/advisors/al/montgomery/hourly.md)
- [Hourly financial advisors in Dothan, AL](https://advisorcensus.com/advisors/al/dothan/hourly) (https://advisorcensus.com/advisors/al/dothan/hourly.md)
- [Hourly financial advisors in Auburn, AL](https://advisorcensus.com/advisors/al/auburn/hourly) (https://advisorcensus.com/advisors/al/auburn/hourly.md)
- [Hourly financial advisors in Gadsden, AL](https://advisorcensus.com/advisors/al/gadsden/hourly) (https://advisorcensus.com/advisors/al/gadsden/hourly.md)
- [Hourly financial advisors in Tuscaloosa, AL](https://advisorcensus.com/advisors/al/tuscaloosa/hourly) (https://advisorcensus.com/advisors/al/tuscaloosa/hourly.md)

Cite as: AdvisorCensus. Hourly financial advisors in Alabama: 94 firms from Form ADV filings as of October 2026.