# Fee-only financial advisors in Memphis, TN

> 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.

Source: Form ADV filings as of October 2026. Rebuilt monthly. HTML page: https://advisorcensus.com/advisors/tn/memphis/fee-only

## At a glance

- Investment advisory firms: 29
- Registration: SEC-registered investment adviser: 17, State-registered investment adviser: 12
- How firms are compensated (Form ADV Item 5.E; shares of the firms that file it): Fee-only (AdvisorCensus test) 29 (100%); Percentage of assets 28 (97%); Hourly charges 12 (41%); Fixed fees 15 (52%)
- Regulatory assets under management (Item 5.F): Under $25 million 4 (14%); $25 million to $100 million 9 (31%); $100 million to $500 million 8 (28%); $500 million to $1 billion 3 (10%); $1 billion to $5 billion 4 (14%); Not reported 1 (3%)
- Years registered: Under 5 years 10 (34%); 5 to 9 years 5 (17%); 10 to 19 years 6 (21%); 20 years or more 8 (28%)

## Firms (page 1 of 1, 1 to 29 of 29, sorted by name)

| Firm | CRD | City | Registration | Assets band | Years registered | Compensation |
| --- | --- | --- | --- | --- | --- | --- |
| [Aries Investments, LLC](https://advisorcensus.com/firm/aries-investments-llc-lakeland-tn-333704) ([md](https://advisorcensus.com/firm/aries-investments-llc-lakeland-tn-333704.md)) | 333704 | Lakeland, TN | State-registered investment adviser | Under $25 million | 0 | % of assets, Hourly |
| [Blong Financial](https://advisorcensus.com/firm/blong-financial-memphis-tn-164746) ([md](https://advisorcensus.com/firm/blong-financial-memphis-tn-164746.md)) | 164746 | Memphis, TN | SEC-registered investment adviser | $100 million to $500 million | 4 | % of assets |
| [Cypress Wealth Management, LLC](https://advisorcensus.com/firm/cypress-wealth-management-llc-germantown-tn-154177) ([md](https://advisorcensus.com/firm/cypress-wealth-management-llc-germantown-tn-154177.md)) | 154177 | Germantown, TN | State-registered investment adviser | $25 million to $100 million | 13 | % of assets, Hourly, Fixed fee |
| [Dogwood Financial Planning](https://advisorcensus.com/firm/dogwood-financial-planning-memphis-tn-145889) ([md](https://advisorcensus.com/firm/dogwood-financial-planning-memphis-tn-145889.md)) | 145889 | Memphis, TN | State-registered investment adviser | Not reported | 18 | Hourly, Fixed fee |
| [Dorian Eason Asset Management, LLC](https://advisorcensus.com/firm/dorian-eason-asset-management-llc-memphis-tn-113724) ([md](https://advisorcensus.com/firm/dorian-eason-asset-management-llc-memphis-tn-113724.md)) | 113724 | Memphis, TN | SEC-registered investment adviser | $25 million to $100 million | 25 | % of assets |
| [Dorian Investment Advisory LLC](https://advisorcensus.com/firm/dorian-investment-advisory-llc-memphis-tn-339280) ([md](https://advisorcensus.com/firm/dorian-investment-advisory-llc-memphis-tn-339280.md)) | 339280 | Memphis, TN | SEC-registered investment adviser | $100 million to $500 million | 0 | % of assets |
| [Eaglestrong Financial](https://advisorcensus.com/firm/eaglestrong-financial-memphis-tn-288413) ([md](https://advisorcensus.com/firm/eaglestrong-financial-memphis-tn-288413.md)) | 288413 | Memphis, TN | State-registered investment adviser | $25 million to $100 million | 9 | % of assets, Fixed fee |
| [Forward Financial Planning](https://advisorcensus.com/firm/forward-financial-planning-germantown-tn-318632) ([md](https://advisorcensus.com/firm/forward-financial-planning-germantown-tn-318632.md)) | 318632 | Germantown, TN | State-registered investment adviser | Under $25 million | 4 | % of assets, Fixed fee |
| [FSG Wealth Advisors, LLC](https://advisorcensus.com/firm/fsg-wealth-advisors-llc-memphis-tn-330709) ([md](https://advisorcensus.com/firm/fsg-wealth-advisors-llc-memphis-tn-330709.md)) | 330709 | Memphis, TN | State-registered investment adviser | Under $25 million | 2 | % of assets |
| [Harwood Investment Group LLC](https://advisorcensus.com/firm/harwood-investment-group-llc-memphis-tn-126391) ([md](https://advisorcensus.com/firm/harwood-investment-group-llc-memphis-tn-126391.md)) | 126391 | Memphis, TN | State-registered investment adviser | Under $25 million | 23 | % of assets |
| [Hogan Investment Counsel, LLC](https://advisorcensus.com/firm/hogan-investment-counsel-llc-cordova-tn-160186) ([md](https://advisorcensus.com/firm/hogan-investment-counsel-llc-cordova-tn-160186.md)) | 160186 | Cordova, TN | SEC-registered investment adviser | $100 million to $500 million | 0 | % of assets |
| [Kimery Wealth Management, LLC](https://advisorcensus.com/firm/kimery-wealth-management-llc-memphis-tn-288229) ([md](https://advisorcensus.com/firm/kimery-wealth-management-llc-memphis-tn-288229.md)) | 288229 | Memphis, TN | SEC-registered investment adviser | $500 million to $1 billion | 9 | % of assets, Fixed fee |
| [Legacy Wealth Management, LLC](https://advisorcensus.com/firm/legacy-wealth-management-llc-memphis-tn-108619) ([md](https://advisorcensus.com/firm/legacy-wealth-management-llc-memphis-tn-108619.md)) | 108619 | Memphis, TN | SEC-registered investment adviser | $1 billion to $5 billion | 43 | % of assets, Fixed fee |
| [Lonetree Wealth Management](https://advisorcensus.com/firm/lonetree-wealth-management-memphis-tn-322711) ([md](https://advisorcensus.com/firm/lonetree-wealth-management-memphis-tn-322711.md)) | 322711 | Memphis, TN | State-registered investment adviser | $25 million to $100 million | 4 | % of assets, Fixed fee |
| [Mercury Investment Group](https://advisorcensus.com/firm/mercury-investment-group-memphis-tn-125245) ([md](https://advisorcensus.com/firm/mercury-investment-group-memphis-tn-125245.md)) | 125245 | Memphis, TN | SEC-registered investment adviser | $100 million to $500 million | 5 | % of assets |
| [New Southern Advisory Services](https://advisorcensus.com/firm/new-southern-advisory-services-germantown-tn-158724) ([md](https://advisorcensus.com/firm/new-southern-advisory-services-germantown-tn-158724.md)) | 158724 | Germantown, TN | State-registered investment adviser | $25 million to $100 million | 15 | % of assets |
| [Preserver Partners](https://advisorcensus.com/firm/preserver-partners-memphis-tn-152356) ([md](https://advisorcensus.com/firm/preserver-partners-memphis-tn-152356.md)) | 152356 | Memphis, TN | SEC-registered investment adviser | $100 million to $500 million | 10 | % of assets |
| [Private Wealth Management, Inc.](https://advisorcensus.com/firm/private-wealth-management-inc-memphis-tn-120823) ([md](https://advisorcensus.com/firm/private-wealth-management-inc-memphis-tn-120823.md)) | 120823 | Memphis, TN | SEC-registered investment adviser | $500 million to $1 billion | 24 | % of assets, Hourly, Fixed fee |
| [RBG Wealth Advisors LLC](https://advisorcensus.com/firm/rbg-wealth-advisors-llc-memphis-tn-319486) ([md](https://advisorcensus.com/firm/rbg-wealth-advisors-llc-memphis-tn-319486.md)) | 319486 | Memphis, TN | SEC-registered investment adviser | $100 million to $500 million | 1 | % of assets |
| [Reliant Investment Management, LLC](https://advisorcensus.com/firm/reliant-investment-management-llc-memphis-tn-111220) ([md](https://advisorcensus.com/firm/reliant-investment-management-llc-memphis-tn-111220.md)) | 111220 | Memphis, TN | SEC-registered investment adviser | $1 billion to $5 billion | 25 | % of assets, Hourly, Fixed fee |
| [Resilient Asset Management](https://advisorcensus.com/firm/resilient-asset-management-memphis-tn-285534) ([md](https://advisorcensus.com/firm/resilient-asset-management-memphis-tn-285534.md)) | 285534 | Memphis, TN | State-registered investment adviser | $25 million to $100 million | 9 | % of assets, Hourly, Fixed fee |
| [Revolution Partners, LLC](https://advisorcensus.com/firm/revolution-partners-llc-memphis-tn-170310) ([md](https://advisorcensus.com/firm/revolution-partners-llc-memphis-tn-170310.md)) | 170310 | Memphis, TN | SEC-registered investment adviser | $100 million to $500 million | 4 | % of assets, Hourly, Fixed fee |
| [Rpata, LLC](https://advisorcensus.com/firm/rpata-llc-memphis-tn-285598) ([md](https://advisorcensus.com/firm/rpata-llc-memphis-tn-285598.md)) | 285598 | Memphis, TN | SEC-registered investment adviser | $25 million to $100 million | 4 | % of assets, Hourly, Fixed fee |
| [Southernsun Asset Management LLC](https://advisorcensus.com/firm/southernsun-asset-management-llc-memphis-tn-154572) ([md](https://advisorcensus.com/firm/southernsun-asset-management-llc-memphis-tn-154572.md)) | 154572 | Memphis, TN | SEC-registered investment adviser | $500 million to $1 billion | 16 | % of assets |
| [Studdard Financial, LLC](https://advisorcensus.com/firm/studdard-financial-llc-germantown-tn-161145) ([md](https://advisorcensus.com/firm/studdard-financial-llc-germantown-tn-161145.md)) | 161145 | Germantown, TN | State-registered investment adviser | $25 million to $100 million | 14 | % of assets, Hourly, Fixed fee |
| [Summit Asset Management LLC](https://advisorcensus.com/firm/summit-asset-management-llc-memphis-tn-109606) ([md](https://advisorcensus.com/firm/summit-asset-management-llc-memphis-tn-109606.md)) | 109606 | Memphis, TN | SEC-registered investment adviser | $1 billion to $5 billion | 27 | % of assets, Hourly |
| [TD Capital Management LLC](https://advisorcensus.com/firm/td-capital-management-llc-memphis-tn-106125) ([md](https://advisorcensus.com/firm/td-capital-management-llc-memphis-tn-106125.md)) | 106125 | Memphis, TN | SEC-registered investment adviser | $1 billion to $5 billion | 30 | % of assets, Hourly, Fixed fee |
| [Total Wealth Partners](https://advisorcensus.com/firm/total-wealth-partners-memphis-tn-287725) ([md](https://advisorcensus.com/firm/total-wealth-partners-memphis-tn-287725.md)) | 287725 | Memphis, TN | State-registered investment adviser | $25 million to $100 million | 9 | % of assets |
| [William Howard & Co. Financial Advisors, Inc.](https://advisorcensus.com/firm/william-howard-and-co-financial-advisors-inc-memphis-tn-105959) ([md](https://advisorcensus.com/firm/william-howard-and-co-financial-advisors-inc-memphis-tn-105959.md)) | 105959 | Memphis, TN | SEC-registered investment adviser | $100 million to $500 million | 38 | % of assets, Hourly, Fixed fee |

## Questions people ask

**How many financial advisory firms are there in Memphis, TN?**
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.

**How many fee-only financial advisors are in Memphis, TN?**
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.

**How many financial advisors in Memphis, TN offer financial planning?**
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.

**Are the financial advisors in Memphis, TN 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 29 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 Tennessee](https://advisorcensus.com/advisors/tn) (https://advisorcensus.com/advisors/tn.md)
- [Financial advisors in Memphis, TN](https://advisorcensus.com/advisors/tn/memphis) (https://advisorcensus.com/advisors/tn/memphis.md)
- [Fee-only financial advisors in Tennessee](https://advisorcensus.com/advisors/tn/fee-only) (https://advisorcensus.com/advisors/tn/fee-only.md)
- [Flat-fee financial advisors in Memphis, TN](https://advisorcensus.com/advisors/tn/memphis/flat-fee) (https://advisorcensus.com/advisors/tn/memphis/flat-fee.md)
- [Hourly financial advisors in Memphis, TN](https://advisorcensus.com/advisors/tn/memphis/hourly) (https://advisorcensus.com/advisors/tn/memphis/hourly.md)
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Cite as: AdvisorCensus. Fee-only financial advisors in Memphis, TN: 29 firms from Form ADV filings as of October 2026.