# Alamo Advisors, LP

> Alamo Advisors, LP is an SEC-registered investment advisory firm in San Antonio, TX, registered since 2014, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 8, 2026.

- CRD: 122290
- Filed as: ALAMO ADVISORS, LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: San Antonio, TX
- Filing period: October 2026
- Form ADV filing dated: March 8, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/122290
- AdvisorCensus page: https://advisorcensus.com/firm/alamo-advisors-lp-san-antonio-tx-122290

## Quick answers

**How is Alamo Advisors, LP compensated?**
On its Form ADV (Item 5.E, October 2026), Alamo Advisors, LP reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Alamo Advisors, LP located?**
Alamo Advisors, LP's principal office is in San Antonio, TX, according to its Form ADV.

**Is Alamo Advisors, LP registered with the SEC or a state?**
Alamo Advisors, LP is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 122290.

**How much does Alamo Advisors, LP manage?**
Alamo Advisors, LP reports $3,867,222,474 in regulatory assets under management in its Form ADV filing dated March 8, 2026 (0% discretionary).

**How have Alamo Advisors, LP's assets and staff changed since 2021?**
In the Form ADV data for Alamo Advisors, LP: Regulatory assets under management: $3,576,705,559 in the October 2021 data and $3,867,222,474 in the October 2026 data, up 8%. Total employees: 10 in October 2021 and 15 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Alamo Advisors, LP serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (231); charitable organizations (11).

**Which custodians does Alamo Advisors, LP use?**
Alamo Advisors, LP's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Frost Bank, Northern Trust and RBC Capital Markets, LLC as custodians holding 10% or more of its separately managed account assets.

**Does Alamo Advisors, LP report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/122290

**What changed in Alamo Advisors, LP's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 6 to 7.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Custodians (Schedule D, Section 5.K(3))
- Frost Bank
- Northern Trust
- RBC Capital Markets, LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $3,867,222,474
- Discretionary: $0
- Non-discretionary: $3,867,222,474

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 231 | $3,316,303,428 |
| Charitable organizations | 11 | $550,919,046 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2014 (12 years)
- Employees: 15 total, 7 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- alamoadvisors.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $3,576,705,559 | 10 | February 24, 2021 |
| October 2022 | $3,832,438,489 | 11 | March 8, 2022 |
| October 2023 | $3,226,282,803 | 11 | March 18, 2023 |
| October 2024 | $3,475,405,550 | 11 | September 19, 2024 |
| October 2025 | $3,782,699,738 | 14 | March 14, 2025 |
| October 2026 | $3,867,222,474 | 15 | March 8, 2026 |

Regulatory assets under management: $3,576,705,559 in the October 2021 data and $3,867,222,474 in the October 2026 data, up 8%.
Total employees: 10 in October 2021 and 15 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 6 to 7.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Alamo Advisors, LP (CRD 122290): Form ADV filing data as of October 2026.