{ "path": "/advisors/tn/memphis/fee-only", "url": "https://advisorcensus.com/advisors/tn/memphis/fee-only", "page_type": "metro_fee", "title": "Fee-only financial advisors in Memphis, TN", "filters": {}, "scope_total": 29, "faq": [ { "q": "How many financial advisory firms are there in Memphis, TN?", "a": "AdvisorCensus lists 84 investment advisory firms with a principal office in the Memphis metro area, from Form ADV filings as of October 2026: 52 SEC-registered, 28 state-registered, and 4 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 Memphis, TN?", "a": "29 of the 84 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 Memphis, TN offer financial planning?", "a": "45 of the 80 firms in Memphis, TN 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 Memphis, TN 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 29 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 29 investment advisory firms with a principal office in the Memphis metro area that meet AdvisorCensus's fee-only test: paid only by client fees on Form ADV Item 5.E, with no employee registered with a broker-dealer or licensed as an insurance agent, no brokerage, insurance, or real estate sales business or related company, and no referral fees from others, 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": "Memphis has 84 investment advisory firms with a principal office in the metro area as of October 2026: 52 SEC-registered, 28 state-registered, and 4 exempt reporting advisers. 29 of them meet AdvisorCensus's fee-only test (paid only by client fees, with no sales-related compensation ties such as an employee registered with a broker-dealer or licensed as an insurance agent), and 31 report under $100 million in regulatory assets under management. The metro area has 522,879 households, 46,874 of them with income of $200,000 or more, or 558 such households for each firm (Census Bureau, American Community Survey 2020–2024 5-year estimates).", "citation": "AdvisorCensus. Fee-only financial advisors in Memphis, TN: 29 firms from Form ADV filings as of October 2026.", "total_firms": 29, "page": 1, "total_pages": 1, "sort": "name", "registration_types": { "sec": 17, "state": 12, "exempt": 0 }, "fee_model_mix": [ { "code": "fee-only", "count": 29 }, { "code": "percentage_of_aum", "count": 28 }, { "code": "hourly", "count": 12 }, { "code": "subscription", "count": 0 }, { "code": "fixed", "count": 15 }, { "code": "commissions", "count": 0 }, { "code": "performance_based", "count": 0 }, { "code": "other", "count": 0 }, { "code": "not_reported", "count": 0 } ], "years_registered_distribution": [ { "code": "under_5", "count": 10 }, { "code": "5_to_9", "count": 5 }, { "code": "10_to_19", "count": 6 }, { "code": "20_plus", "count": 8 }, { "code": "not_reported", "count": 0 } ], "raum_band_distribution": [ { "code": "under_25m", "count": 4 }, { "code": "25m_100m", "count": 9 }, { "code": "100m_500m", "count": 8 }, { "code": "500m_1b", "count": 3 }, { "code": "1b_5b", "count": 4 }, { "code": "over_5b", "count": 0 }, { "code": "not_reported", "count": 1 } ], "firms": [ { "crd_number": 333704, "name": "Aries Investments, LLC", "name_as_filed": "ARIES INVESTMENTS, LLC", "url": "https://advisorcensus.com/firm/aries-investments-llc-lakeland-tn-333704", "city": "Lakeland", "state": "TN", "years_registered": 0, "raum_band": "under_25m", "compensation_types": [ "percentage_of_aum", "hourly" ], "enhanced": false }, { "crd_number": 164746, "name": "Blong Financial", "name_as_filed": "BLONG FINANCIAL", "url": "https://advisorcensus.com/firm/blong-financial-memphis-tn-164746", "city": "Memphis", "state": "TN", "years_registered": 4, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum" ], "enhanced": false }, { "crd_number": 154177, "name": "Cypress Wealth Management, LLC", "name_as_filed": "CYPRESS WEALTH MANAGEMENT, LLC", "url": "https://advisorcensus.com/firm/cypress-wealth-management-llc-germantown-tn-154177", "city": "Germantown", "state": "TN", "years_registered": 13, "raum_band": "25m_100m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 145889, "name": "Dogwood Financial Planning", "name_as_filed": "DOGWOOD FINANCIAL PLANNING", "url": "https://advisorcensus.com/firm/dogwood-financial-planning-memphis-tn-145889", "city": "Memphis", "state": "TN", "years_registered": 18, "raum_band": "not_reported", "compensation_types": [ "hourly", "fixed" ], "enhanced": false }, { "crd_number": 113724, "name": "Dorian Eason Asset Management, LLC", "name_as_filed": "DORIAN EASON ASSET MANAGEMENT, LLC", "url": "https://advisorcensus.com/firm/dorian-eason-asset-management-llc-memphis-tn-113724", "city": "Memphis", "state": "TN", "years_registered": 25, "raum_band": "25m_100m", "compensation_types": [ "percentage_of_aum" ], "enhanced": false }, { "crd_number": 339280, "name": "Dorian Investment Advisory LLC", "name_as_filed": "DORIAN INVESTMENT ADVISORY LLC", "url": "https://advisorcensus.com/firm/dorian-investment-advisory-llc-memphis-tn-339280", "city": "Memphis", "state": "TN", "years_registered": 0, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum" ], "enhanced": false }, { "crd_number": 288413, "name": "Eaglestrong Financial", "name_as_filed": "EAGLESTRONG FINANCIAL", "url": "https://advisorcensus.com/firm/eaglestrong-financial-memphis-tn-288413", "city": "Memphis", "state": "TN", "years_registered": 9, "raum_band": "25m_100m", "compensation_types": [ "percentage_of_aum", "fixed" ], "enhanced": false }, { "crd_number": 318632, "name": "Forward Financial Planning", "name_as_filed": "FORWARD FINANCIAL PLANNING", "url": "https://advisorcensus.com/firm/forward-financial-planning-germantown-tn-318632", "city": "Germantown", "state": "TN", "years_registered": 4, "raum_band": "under_25m", "compensation_types": [ "percentage_of_aum", "fixed" ], "enhanced": false }, { "crd_number": 330709, "name": "FSG Wealth Advisors, LLC", "name_as_filed": "FSG WEALTH ADVISORS, LLC", "url": "https://advisorcensus.com/firm/fsg-wealth-advisors-llc-memphis-tn-330709", "city": "Memphis", "state": "TN", "years_registered": 2, "raum_band": "under_25m", "compensation_types": [ "percentage_of_aum" ], "enhanced": false }, { "crd_number": 126391, "name": "Harwood Investment Group LLC", "name_as_filed": "HARWOOD INVESTMENT GROUP LLC", "url": "https://advisorcensus.com/firm/harwood-investment-group-llc-memphis-tn-126391", "city": "Memphis", "state": "TN", "years_registered": 23, "raum_band": "under_25m", "compensation_types": [ "percentage_of_aum" ], "enhanced": false }, { "crd_number": 160186, "name": "Hogan Investment Counsel, LLC", "name_as_filed": "HOGAN INVESTMENT COUNSEL, LLC", "url": "https://advisorcensus.com/firm/hogan-investment-counsel-llc-cordova-tn-160186", "city": "Cordova", "state": "TN", "years_registered": 0, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum" ], "enhanced": false }, { "crd_number": 288229, "name": "Kimery Wealth Management, LLC", "name_as_filed": "KIMERY WEALTH MANAGEMENT, LLC", "url": "https://advisorcensus.com/firm/kimery-wealth-management-llc-memphis-tn-288229", "city": "Memphis", "state": "TN", "years_registered": 9, "raum_band": "500m_1b", "compensation_types": [ "percentage_of_aum", "fixed" ], "enhanced": false }, { "crd_number": 108619, "name": "Legacy Wealth Management, LLC", "name_as_filed": "LEGACY WEALTH MANAGEMENT, LLC", "url": "https://advisorcensus.com/firm/legacy-wealth-management-llc-memphis-tn-108619", "city": "Memphis", "state": "TN", "years_registered": 43, "raum_band": "1b_5b", "compensation_types": [ "percentage_of_aum", "fixed" ], "enhanced": false }, { "crd_number": 322711, "name": "Lonetree Wealth Management", "name_as_filed": "LONETREE WEALTH MANAGEMENT", "url": "https://advisorcensus.com/firm/lonetree-wealth-management-memphis-tn-322711", "city": "Memphis", "state": "TN", "years_registered": 4, "raum_band": "25m_100m", "compensation_types": [ "percentage_of_aum", "fixed" ], "enhanced": false }, { "crd_number": 125245, "name": "Mercury Investment Group", "name_as_filed": "MERCURY INVESTMENT GROUP", "url": "https://advisorcensus.com/firm/mercury-investment-group-memphis-tn-125245", "city": "Memphis", "state": "TN", "years_registered": 5, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum" ], "enhanced": false }, { "crd_number": 158724, "name": "New Southern Advisory Services", "name_as_filed": "NEW SOUTHERN ADVISORY SERVICES", "url": "https://advisorcensus.com/firm/new-southern-advisory-services-germantown-tn-158724", "city": "Germantown", "state": "TN", "years_registered": 15, "raum_band": "25m_100m", "compensation_types": [ "percentage_of_aum" ], "enhanced": false }, { "crd_number": 152356, "name": "Preserver Partners", "name_as_filed": "PRESERVER PARTNERS", "url": "https://advisorcensus.com/firm/preserver-partners-memphis-tn-152356", "city": "Memphis", "state": "TN", "years_registered": 10, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum" ], "enhanced": false }, { "crd_number": 120823, "name": "Private Wealth Management, Inc.", "name_as_filed": "PRIVATE WEALTH MANAGEMENT, INC.", "url": "https://advisorcensus.com/firm/private-wealth-management-inc-memphis-tn-120823", "city": "Memphis", "state": "TN", "years_registered": 24, "raum_band": "500m_1b", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 319486, "name": "RBG Wealth Advisors LLC", "name_as_filed": "RBG WEALTH ADVISORS LLC", "url": "https://advisorcensus.com/firm/rbg-wealth-advisors-llc-memphis-tn-319486", "city": "Memphis", "state": "TN", "years_registered": 1, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum" ], "enhanced": false }, { "crd_number": 111220, "name": "Reliant Investment Management, LLC", "name_as_filed": "RELIANT INVESTMENT MANAGEMENT, LLC", "url": "https://advisorcensus.com/firm/reliant-investment-management-llc-memphis-tn-111220", "city": "Memphis", "state": "TN", "years_registered": 25, "raum_band": "1b_5b", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 285534, "name": "Resilient Asset Management", "name_as_filed": "RESILIENT ASSET MANAGEMENT", "url": "https://advisorcensus.com/firm/resilient-asset-management-memphis-tn-285534", "city": "Memphis", "state": "TN", "years_registered": 9, "raum_band": "25m_100m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 170310, "name": "Revolution Partners, LLC", "name_as_filed": "REVOLUTION PARTNERS, LLC", "url": "https://advisorcensus.com/firm/revolution-partners-llc-memphis-tn-170310", "city": "Memphis", "state": "TN", "years_registered": 4, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 285598, "name": "Rpata, LLC", "name_as_filed": "RPATA, LLC", "url": "https://advisorcensus.com/firm/rpata-llc-memphis-tn-285598", "city": "Memphis", "state": "TN", "years_registered": 4, "raum_band": "25m_100m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 154572, "name": "Southernsun Asset Management LLC", "name_as_filed": "SOUTHERNSUN ASSET MANAGEMENT LLC", "url": "https://advisorcensus.com/firm/southernsun-asset-management-llc-memphis-tn-154572", "city": "Memphis", "state": "TN", "years_registered": 16, "raum_band": "500m_1b", "compensation_types": [ "percentage_of_aum" ], "enhanced": false }, { "crd_number": 161145, "name": "Studdard Financial, LLC", "name_as_filed": "STUDDARD FINANCIAL, LLC", "url": "https://advisorcensus.com/firm/studdard-financial-llc-germantown-tn-161145", "city": "Germantown", "state": "TN", "years_registered": 14, "raum_band": "25m_100m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 109606, "name": "Summit Asset Management LLC", "name_as_filed": "SUMMIT ASSET MANAGEMENT LLC", "url": "https://advisorcensus.com/firm/summit-asset-management-llc-memphis-tn-109606", "city": "Memphis", "state": "TN", "years_registered": 27, "raum_band": "1b_5b", "compensation_types": [ "percentage_of_aum", "hourly" ], "enhanced": false }, { "crd_number": 106125, "name": "TD Capital Management LLC", "name_as_filed": "TD CAPITAL MANAGEMENT LLC", "url": "https://advisorcensus.com/firm/td-capital-management-llc-memphis-tn-106125", "city": "Memphis", "state": "TN", "years_registered": 30, "raum_band": "1b_5b", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 287725, "name": "Total Wealth Partners", "name_as_filed": "TOTAL WEALTH PARTNERS", "url": "https://advisorcensus.com/firm/total-wealth-partners-memphis-tn-287725", "city": "Memphis", "state": "TN", "years_registered": 9, "raum_band": "25m_100m", "compensation_types": [ "percentage_of_aum" ], "enhanced": false }, { "crd_number": 105959, "name": "William Howard & Co. Financial Advisors, Inc.", "name_as_filed": "WILLIAM HOWARD & CO. FINANCIAL ADVISORS, INC.", "url": "https://advisorcensus.com/firm/william-howard-and-co-financial-advisors-inc-memphis-tn-105959", "city": "Memphis", "state": "TN", "years_registered": 38, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false } ], "states": [], "metros": [], "siblings": { "national": "/advisors", "state": { "path": "/advisors/tn", "label": "Financial advisors in Tennessee" }, "metro": { "path": "/advisors/tn/memphis", "label": "Financial advisors in Memphis, TN" }, "city_pages": [], "fee_pages": [ { "path": "/advisors/tn/memphis/flat-fee", "label": "Flat-fee financial advisors in Memphis, TN", "firm_count": 41 }, { "path": "/advisors/tn/memphis/hourly", "label": "Hourly financial advisors in Memphis, TN", "firm_count": 25 } ], "answer_pages": [ { "path": "/advisors/tn/memphis/for-high-net-worth-individuals", "firm_count": 64, "label": "Financial advisors for high-net-worth individuals in Memphis, TN" }, { "path": "/advisors/tn/memphis/for-retirement-plans", "firm_count": 31, "label": "Financial advisors for retirement plans in Memphis, TN" }, { "path": "/advisors/tn/memphis/for-businesses", "firm_count": 28, "label": "Financial advisors for businesses in Memphis, TN" }, { "path": "/advisors/tn/memphis/for-charities", "firm_count": 31, "label": "Financial advisors for charitable organizations in Memphis, TN" }, { "path": "/advisors/tn/memphis/no-account-minimum", "firm_count": 4, "label": "Financial advisors with no account minimum in Memphis, TN" } ], "niche_pages": [], "state_fee": { "path": "/advisors/tn/fee-only", "label": "Fee-only financial advisors in Tennessee" } }, "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" } }