{
  "crd_number": 105441,
  "slug": "austin-asset-austin-tx-105441",
  "primary_business_name": "AUSTIN ASSET",
  "legal_name": "AUSTIN ASSET MANAGEMENT CO",
  "dbas": [],
  "city": "Austin",
  "state": "TX",
  "country": "United States",
  "cbsa_code": "12420",
  "metro": {
    "cbsa_code": "12420",
    "common_name": "Austin",
    "msa_name": "Austin-Round Rock-San Marcos, TX",
    "path": "/advisors/tx/austin"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1988-06-09",
  "years_registered": 38,
  "period": "2026-10-01",
  "filing_date": "2026-02-27",
  "carried_forward": false,
  "raum_total": 1871758998.0,
  "raum_discretionary": 1871758998.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 21,
  "advisory_employees": 13,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 177537842.0,
      "count": 11
    },
    "individuals": {
      "raum": 54117341.0,
      "count": 92
    },
    "high_net_worth_individuals": {
      "raum": 1640103815.0,
      "count": 355
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AK",
    "CA",
    "CO",
    "FL",
    "NE",
    "TX"
  ],
  "websites": [
    "https://austinasset.com",
    "https://ehehman.com",
    "https://facebook.com/AustinAsset",
    "https://linkedin.com/company/austin-asset-management",
    "https://twitter.com/austinasset"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/105441",
  "city_as_filed": "AUSTIN",
  "url": "https://advisorcensus.com/firm/austin-asset-austin-tx-105441",
  "display_name": "Austin Asset",
  "summary": "Austin Asset is an SEC-registered investment advisory firm in Austin, TX, registered since 1988, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated February 27, 2026.",
  "citation": "AdvisorCensus. Austin Asset (CRD 105441): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Austin Asset compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Austin Asset reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "What does Austin Asset's brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated February 27, 2026 states: Up to $7,500,000: 0.65% a year; $7,500,001 to $15,000,000: 0.4% a year; $15,000,001 to $25,000,000: 0.3% a year; Above $25,000,001: 0.25% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Austin Asset located?",
      "a": "Austin Asset's principal office is in Austin, TX, according to its Form ADV; the October 2025 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Austin Asset registered with the SEC or a state?",
      "a": "Austin Asset is an SEC-registered investment advisory firm, registered since 1988. Status as filed: Approved. CRD 105441."
    },
    {
      "q": "How much does Austin Asset manage?",
      "a": "Austin Asset reports $1,871,758,998 in regulatory assets under management in its Form ADV filing dated February 27, 2026 (100% discretionary)."
    },
    {
      "q": "How have Austin Asset's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Austin Asset: Regulatory assets under management: $1,176,798,438 in the October 2021 data and $1,871,758,998 in the October 2026 data, up 59%. Total employees: 19 in October 2021 and 21 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Austin Asset serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (355); individuals (other than high net worth individuals) (92); charitable organizations (11)."
    },
    {
      "q": "Which custodians does Austin Asset use?",
      "a": "Austin Asset's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Austin Asset report any disciplinary disclosures?",
      "a": "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/105441"
    },
    {
      "q": "What changed in Austin Asset's recent Form ADV filings?",
      "a": "In the March 2026 filing data: Employees performing advisory functions went from 14 to 13. Regulatory assets under management went from $1,666,286,145 to $1,871,758,998 (+12%). No longer lists an office in Georgetown, TX. Registered or notice-filed in FL."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 1176798438.0,
      "total_employees": 19,
      "filing_date": "2021-09-20"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 1366006925.0,
      "total_employees": 22,
      "filing_date": "2022-05-26"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1265576615.0,
      "total_employees": 22,
      "filing_date": "2023-03-30"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1539329345.0,
      "total_employees": 23,
      "filing_date": "2024-04-26"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1666286145.0,
      "total_employees": 24,
      "filing_date": "2025-03-13"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1871758998.0,
      "total_employees": 21,
      "filing_date": "2026-02-27"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Employees performing advisory functions went from 14 to 13.",
        "Regulatory assets under management went from $1,666,286,145 to $1,871,758,998 (+12%).",
        "No longer lists an office in Georgetown, TX.",
        "Registered or notice-filed in FL."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated February 27, 2026",
    "tiers": [
      {
        "band": "Up to $7,500,000",
        "rate": "0.65%"
      },
      {
        "band": "$7,500,001 to $15,000,000",
        "rate": "0.4%"
      },
      {
        "band": "$15,000,001 to $25,000,000",
        "rate": "0.3%"
      },
      {
        "band": "Above $25,000,001",
        "rate": "0.25%"
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": "$5,000",
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "Up to $7,500,000: 0.65% a year",
          "$7,500,001 to $15,000,000: 0.4% a year",
          "$15,000,001 to $25,000,000: 0.3% a year",
          "Above $25,000,001: 0.25% a year"
        ],
        "quotes": [
          "The Fee shall be calculated as follows: $5,000 as flat fee; plus: 0.65% of the amount up to $7,500,000 AUM 0.40% of the amount from $7,500,001 to $15,000,000 AUM 0.30% of the amount from $15,000,001 to $25,000,000 AUM 0.25% of the amount over $25,000,000 AUM"
        ]
      },
      {
        "label": "Minimum annual fee",
        "statements": [
          "Minimum annual fee: $5,000"
        ],
        "quotes": [
          "The minimum annual fee is $5,000. From time to time, external discretionary asset values are temporarily unavailable. In such circumstances, Austin Asset attempts to retrieve the value as of the last day of the quarter."
        ]
      }
    ],
    "quotes": [
      "The Fee shall be calculated as follows: $5,000 as flat fee; plus: 0.65% of the amount up to $7,500,000 AUM 0.40% of the amount from $7,500,001 to $15,000,000 AUM 0.30% of the amount from $15,000,001 to $25,000,000 AUM 0.25% of the amount over $25,000,000 AUM",
      "The minimum annual fee is $5,000. From time to time, external discretionary asset values are temporarily unavailable. In such circumstances, Austin Asset attempts to retrieve the value as of the last day of the quarter."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Fidelity Brokerage Services LLC",
      "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/austin-asset-austin-tx-105441.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 92,
      "fewer_than_5": false,
      "raum": 54117341.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 355,
      "fewer_than_5": false,
      "raum": 1640103815.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 11,
      "fewer_than_5": false,
      "raum": 177537842.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/105441",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}