{ "path": "/advisors/nm/flat-fee", "url": "https://advisorcensus.com/advisors/nm/flat-fee", "page_type": "state_fee", "title": "Flat-fee financial advisors in New Mexico", "filters": {}, "scope_total": 28, "faq": [ { "q": "How many financial advisory firms are there in New Mexico?", "a": "AdvisorCensus lists 81 investment advisory firms with a principal office in New Mexico, from Form ADV filings as of October 2026: 25 SEC-registered, 44 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." }, { "q": "How many fee-only financial advisors are in New Mexico?", "a": "30 of the 81 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." }, { "q": "How many financial advisors in New Mexico offer financial planning?", "a": "50 of the 69 firms in New Mexico 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." }, { "q": "Are the financial advisors in New Mexico fiduciaries?", "a": "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 30 firms that meet AdvisorCensus's fee-only test report none of those sales ties." }, { "q": "How do I check whether a financial advisor has disciplinary disclosures?", "a": "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." }, { "q": "Does AdvisorCensus rate, verify, or recommend these firms?", "a": "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." }, { "q": "What does regulatory assets under management mean?", "a": "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." } ], "period": "2026-10-01", "answer_paragraph": "AdvisorCensus lists 28 investment advisory firms with a principal office in New Mexico that report fixed fees 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.", "about_market": null, "citation": "AdvisorCensus. Flat-fee financial advisors in New Mexico: 28 firms from Form ADV filings as of October 2026.", "total_firms": 28, "page": 1, "total_pages": 1, "sort": "name", "registration_types": { "sec": 11, "state": 17, "exempt": 0 }, "fee_model_mix": [ { "code": "fee-only", "count": 7 }, { "code": "percentage_of_aum", "count": 25 }, { "code": "hourly", "count": 20 }, { "code": "subscription", "count": 1 }, { "code": "fixed", "count": 28 }, { "code": "commissions", "count": 0 }, { "code": "performance_based", "count": 0 }, { "code": "other", "count": 3 }, { "code": "not_reported", "count": 0 } ], "years_registered_distribution": [ { "code": "under_5", "count": 16 }, { "code": "5_to_9", "count": 6 }, { "code": "10_to_19", "count": 2 }, { "code": "20_plus", "count": 4 }, { "code": "not_reported", "count": 0 } ], "raum_band_distribution": [ { "code": "under_25m", "count": 11 }, { "code": "25m_100m", "count": 3 }, { "code": "100m_500m", "count": 9 }, { "code": "500m_1b", "count": 1 }, { "code": "1b_5b", "count": 2 }, { "code": "over_5b", "count": 0 }, { "code": "not_reported", "count": 2 } ], "firms": [ { "crd_number": 322276, "name": "BCO Wealth Management, LLC", "name_as_filed": "BCO WEALTH MANAGEMENT, LLC", "url": "https://advisorcensus.com/firm/bco-wealth-management-llc-carlsbad-nm-322276", "city": "Carlsbad", "state": "NM", "years_registered": 4, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum", "fixed" ], "enhanced": false }, { "crd_number": 327173, "name": "Be Brave NOT Broke LLC", "name_as_filed": "BE BRAVE NOT BROKE LLC", "url": "https://advisorcensus.com/firm/be-brave-not-broke-llc-albuquerque-nm-327173", "city": "Albuquerque", "state": "NM", "years_registered": 2, "raum_band": "not_reported", "compensation_types": [ "hourly", "fixed" ], "enhanced": false }, { "crd_number": 339041, "name": "Counterpoint", "name_as_filed": "COUNTERPOINT", "url": "https://advisorcensus.com/firm/counterpoint-339041", "city": null, "state": null, "years_registered": 0, "raum_band": "under_25m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 282011, "name": "Cross State Financial Group LLC", "name_as_filed": "CROSS STATE FINANCIAL GROUP LLC", "url": "https://advisorcensus.com/firm/cross-state-financial-group-llc-albuquerque-nm-282011", "city": "Albuquerque", "state": "NM", "years_registered": 6, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 107815, "name": "Drucker, David J. DBA Sunset Financial Management", "name_as_filed": "DRUCKER, DAVID J. DBA SUNSET FINANCIAL MANAGEMENT", "url": "https://advisorcensus.com/firm/drucker-david-j-dba-sunset-financial-management-107815", "city": null, "state": null, "years_registered": 28, "raum_band": "under_25m", "compensation_types": [ "fixed" ], "enhanced": false }, { "crd_number": 322021, "name": "Educated Wallet LLC", "name_as_filed": "EDUCATED WALLET LLC", "url": "https://advisorcensus.com/firm/educated-wallet-llc-albuquerque-nm-322021", "city": "Albuquerque", "state": "NM", "years_registered": 4, "raum_band": "under_25m", "compensation_types": [ "percentage_of_aum", "subscription", "fixed" ], "enhanced": false }, { "crd_number": 335569, "name": "EGO Death Financial LLC", "name_as_filed": "EGO DEATH FINANCIAL LLC", "url": "https://advisorcensus.com/firm/ego-death-financial-llc-albuquerque-nm-335569", "city": "Albuquerque", "state": "NM", "years_registered": 1, "raum_band": "under_25m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 325643, "name": "Finance Wisdom", "name_as_filed": "FINANCE WISDOM", "url": "https://advisorcensus.com/firm/finance-wisdom-edgewood-nm-325643", "city": "Edgewood", "state": "NM", "years_registered": 3, "raum_band": "25m_100m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 319684, "name": "Financial Design & Research", "name_as_filed": "FINANCIAL DESIGN & RESEARCH", "url": "https://advisorcensus.com/firm/financial-design-and-research-319684", "city": null, "state": null, "years_registered": 4, "raum_band": "not_reported", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 334096, "name": "Grinstead Wealth Management", "name_as_filed": "GRINSTEAD WEALTH MANAGEMENT", "url": "https://advisorcensus.com/firm/grinstead-wealth-management-albuquerque-nm-334096", "city": "Albuquerque", "state": "NM", "years_registered": 1, "raum_band": "under_25m", "compensation_types": [ "percentage_of_aum", "fixed" ], "enhanced": false }, { "crd_number": 107110, "name": "Hanseatic Management Services Inc", "name_as_filed": "HANSEATIC MANAGEMENT SERVICES INC", "url": "https://advisorcensus.com/firm/hanseatic-management-services-inc-albuquerque-nm-107110", "city": "Albuquerque", "state": "NM", "years_registered": 31, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 293842, "name": "Highrocks Wealth, LLC", "name_as_filed": "HIGHROCKS WEALTH, LLC", "url": "https://advisorcensus.com/firm/highrocks-wealth-llc-santa-fe-nm-293842", "city": "Santa Fe", "state": "NM", "years_registered": 8, "raum_band": "under_25m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed", "other" ], "enhanced": false }, { "crd_number": 164970, "name": "Horizons Sustainable Financial Services, Inc.", "name_as_filed": "HORIZONS SUSTAINABLE FINANCIAL SERVICES, INC.", "url": "https://advisorcensus.com/firm/horizons-sustainable-financial-services-inc-santa-fe-nm-164970", "city": "Santa Fe", "state": "NM", "years_registered": 5, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 288181, "name": "Intentional Finance, LLC", "name_as_filed": "INTENTIONAL FINANCE, LLC", "url": "https://advisorcensus.com/firm/intentional-finance-llc-albuquerque-nm-288181", "city": "Albuquerque", "state": "NM", "years_registered": 9, "raum_band": "25m_100m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 315102, "name": "Jackson & Associates, Inc.", "name_as_filed": "JACKSON & ASSOCIATES, INC.", "url": "https://advisorcensus.com/firm/jackson-and-associates-inc-albuquerque-nm-315102", "city": "Albuquerque", "state": "NM", "years_registered": 5, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 109791, "name": "John Moore & Associates Inc", "name_as_filed": "JOHN MOORE & ASSOCIATES INC", "url": "https://advisorcensus.com/firm/john-moore-and-associates-inc-albuquerque-nm-109791", "city": "Albuquerque", "state": "NM", "years_registered": 28, "raum_band": "1b_5b", "compensation_types": [ "percentage_of_aum", "fixed" ], "enhanced": false }, { "crd_number": 333331, "name": "Madrid Wealth Management", "name_as_filed": "MADRID WEALTH MANAGEMENT", "url": "https://advisorcensus.com/firm/madrid-wealth-management-albuquerque-nm-333331", "city": "Albuquerque", "state": "NM", "years_registered": 1, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 342446, "name": "Mountain Sky Investment Advisors", "name_as_filed": "MOUNTAIN SKY INVESTMENT ADVISORS", "url": "https://advisorcensus.com/firm/mountain-sky-investment-advisors-santa-fe-nm-342446", "city": "Santa Fe", "state": "NM", "years_registered": 0, "raum_band": "under_25m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 325328, "name": "Randall Financial LLC", "name_as_filed": "RANDALL FINANCIAL LLC", "url": "https://advisorcensus.com/firm/randall-financial-llc-325328", "city": null, "state": null, "years_registered": 3, "raum_band": "under_25m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 109446, "name": "Redw Wealth LLC", "name_as_filed": "REDW WEALTH LLC", "url": "https://advisorcensus.com/firm/redw-wealth-llc-albuquerque-nm-109446", "city": "Albuquerque", "state": "NM", "years_registered": 26, "raum_band": "500m_1b", "compensation_types": [ "percentage_of_aum", "hourly", "fixed", "other" ], "enhanced": false }, { "crd_number": 170872, "name": "Santa FE Advisors LLC", "name_as_filed": "SANTA FE ADVISORS LLC", "url": "https://advisorcensus.com/firm/santa-fe-advisors-llc-santa-fe-nm-170872", "city": "Santa Fe", "state": "NM", "years_registered": 8, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum", "fixed" ], "enhanced": false }, { "crd_number": 113715, "name": "Steve Lynch Wealth Management", "name_as_filed": "STEVE LYNCH WEALTH MANAGEMENT", "url": "https://advisorcensus.com/firm/steve-lynch-wealth-management-albuquerque-nm-113715", "city": "Albuquerque", "state": "NM", "years_registered": 2, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum", "fixed" ], "enhanced": false }, { "crd_number": 325670, "name": "The Tiny House Adviser", "name_as_filed": "THE TINY HOUSE ADVISER", "url": "https://advisorcensus.com/firm/the-tiny-house-adviser-abiquiu-nm-325670", "city": "Abiquiu", "state": "NM", "years_registered": 3, "raum_band": "under_25m", "compensation_types": [ "fixed", "other" ], "enhanced": false }, { "crd_number": 340039, "name": "Thoughtful Wealth Advisory LLC", "name_as_filed": "THOUGHTFUL WEALTH ADVISORY LLC", "url": "https://advisorcensus.com/firm/thoughtful-wealth-advisory-llc-abiquiu-nm-340039", "city": "Abiquiu", "state": "NM", "years_registered": 0, "raum_band": "under_25m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 144118, "name": "Truepath Financial Planning", "name_as_filed": "TRUEPATH FINANCIAL PLANNING", "url": "https://advisorcensus.com/firm/truepath-financial-planning-albuquerque-nm-144118", "city": "Albuquerque", "state": "NM", "years_registered": 19, "raum_band": "25m_100m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 159499, "name": "Ulrich Investment Consultants", "name_as_filed": "ULRICH INVESTMENT CONSULTANTS", "url": "https://advisorcensus.com/firm/ulrich-investment-consultants-albuquerque-nm-159499", "city": "Albuquerque", "state": "NM", "years_registered": 14, "raum_band": "1b_5b", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": 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in New Mexico", "firm_count": 30 }, { "path": "/advisors/nm/hourly", "label": "Hourly financial advisors in New Mexico", "firm_count": 35 } ], "metro_fee_pages": [ { "path": "/advisors/nm/albuquerque/flat-fee", "firm_count": 16, "label": "Flat-fee financial advisors in Albuquerque, NM" }, { "path": "/advisors/nm/santa-fe/flat-fee", "firm_count": 5, "label": "Flat-fee financial advisors in Santa Fe, NM" } ] }, "csv": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }