{ "crd_number": 105643, "slug": "financial-synergies-houston-tx-105643", "primary_business_name": "FINANCIAL SYNERGIES", "legal_name": "FINANCIAL SYNERGIES WEALTH ADVISORS, INC.", "dbas": [ "FINANCIAL SYNERGIES", "FINANCIAL SYNERGIES ASSET MANAGEMENT", "FINANCIAL SYNERGIES PATHWAY" ], "city": "Houston", "state": "TX", "country": "United States", "cbsa_code": "26420", "metro": { "cbsa_code": "26420", "common_name": "Houston", "msa_name": "Houston-Pasadena-The Woodlands, TX", "path": "/advisors/tx/houston" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "1987-07-30", "years_registered": 39, "period": "2026-10-01", "filing_date": "2026-06-24", "carried_forward": false, "raum_total": 1811303915.0, "raum_discretionary": 1797538179.0, "raum_non_discretionary": 13765736.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 21, "advisory_employees": 16, "client_count_bucket": null, "clients_by_type": { "individuals": { "raum": 153474063.0, "count": 369 }, "high_net_worth_individuals": { "raum": 1644064116.0, "count": 558 }, "corporations_other_businesses": { "raum": 13765736.0, "count": 1 } }, "compensation_types": [ "fixed", "percentage_of_aum", "performance_based" ], "advisory_activities": [ "financial_planning", "portfolio_management_businesses_institutional", "portfolio_management_individuals" ], "wrap_fee_participant": false, "disclosure_yes_count": 3, "states_registered": [ "AK", "AL", "AR", "AZ", "CA", "CO", "CT", "DC", "FL", "GA", "HI", "IL", "KS", "LA", "MI", "MO", "NC", "NE", "NJ", "NM", "NV", "NY", "SC", "TN", "TX", "VA", "WY" ], "websites": [ "https://facebook.com/finsyn", "https://financialadvisortylertx.com", "https://finsyn.com", "https://instagram.com/financialsynergies", "https://linkedin.com/company/financialsynergies", "https://x.com/finsynhouston", "https://youtube.com/@FinsynWealthAdvisors" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/105643", "disclosure_items": [ { "item": "11.C(2)", "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?" }, { "item": "11.C(4)", "question": "Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?" }, { "item": "11.C(5)", "question": "Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?" } ], "city_as_filed": "HOUSTON", "url": "https://advisorcensus.com/firm/financial-synergies-houston-tx-105643", "display_name": "Financial Synergies", "summary": "Financial Synergies is an SEC-registered investment advisory firm in Houston, TX, registered since 1987, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated June 24, 2026.", "citation": "AdvisorCensus. Financial Synergies (CRD 105643): 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)", "Performance-based 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 Financial Synergies compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Financial Synergies reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees." }, { "q": "What does Financial Synergies' brochure say about its fees?", "a": "Its Form ADV Part 2A brochure dated March 30, 2026 states: Asset-based fee: 0.75% to 1.5% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement." }, { "q": "Where is Financial Synergies located?", "a": "Financial Synergies' principal office is in Houston, TX, according to its Form ADV; the July 2026 filing also lists 1 other office (Schedule D, Section 1.F)." }, { "q": "Is Financial Synergies registered with the SEC or a state?", "a": "Financial Synergies is an SEC-registered investment advisory firm, registered since 1987. Status as filed: Approved. CRD 105643." }, { "q": "How much does Financial Synergies manage?", "a": "Financial Synergies reports $1,811,303,915 in regulatory assets under management in its Form ADV filing dated June 24, 2026 (99% discretionary)." }, { "q": "How have Financial Synergies' assets and staff changed since 2021?", "a": "In the Form ADV data for Financial Synergies: Regulatory assets under management: $1,016,206,821 in the October 2021 data and $1,811,303,915 in the October 2026 data, up 78%. Total employees: 13 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 Financial Synergies serve?", "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (558); individuals (other than high net worth individuals) (369); corporations or other businesses not listed above (1)." }, { "q": "Which custodians does Financial Synergies use?", "a": "Financial Synergies' 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 Financial Synergies report any disciplinary disclosures?", "a": "Reports 3 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/105643" }, { "q": "What changed in Financial Synergies' recent Form ADV filings?", "a": "In the July 2026 filing data: Registered or notice-filed in VA." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 1016206821.0, "total_employees": 13, "filing_date": "2021-08-03" }, { "period": "2022-10-01", "regulatory_assets_under_management": 1112640025.0, "total_employees": 13, "filing_date": "2022-09-28" }, { "period": "2023-10-01", "regulatory_assets_under_management": 1091131744.0, "total_employees": 17, "filing_date": "2023-08-18" }, { "period": "2024-10-01", "regulatory_assets_under_management": 1288237415.0, "total_employees": 17, "filing_date": "2024-09-11" }, { "period": "2025-10-01", "regulatory_assets_under_management": 1566368236.0, "total_employees": 18, "filing_date": "2025-05-12" }, { "period": "2026-10-01", "regulatory_assets_under_management": 1811303915.0, "total_employees": 21, "filing_date": "2026-06-24" } ], "recent_changes": [ { "period": "2026-07-01", "period_label": "July 2026", "notes": [ "Registered or notice-filed in VA." ] }, { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 15 to 16.", "Regulatory assets under management went from $1,566,368,236 to $1,811,303,915 (+16%).", "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2025-12-01", "period_label": "December 2025", "notes": [ "Registered or notice-filed in WY." ] } ], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated March 30, 2026", "tiers": [], "flat_rate": null, "stated_range": "0.75% to 1.5% a year", "stated_maximum": null, "account_minimum": null, "account_minimum_may_be_waived": false, "minimum_annual_fee": null, "figures": [ { "label": "Asset-based fee", "statements": [ "Asset-based fee: 0.75% to 1.5% a year (a range, as the brochure states it)" ], "quotes": [ "This fee ranges from 0.75% to 1.50%." ] } ], "quotes": [ "This fee ranges from 0.75% to 1.50%." ], "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/financial-synergies-houston-tx-105643.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 369, "fewer_than_5": false, "raum": 153474063.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 558, "fewer_than_5": false, "raum": 1644064116.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": 1, "fewer_than_5": false, "raum": 13765736.0 } ], "disclosure_line": "Reports 3 disclosure items on Form ADV Item 11.", "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/105643", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }