{
  "crd_number": 114404,
  "slug": "high-plains-investment-advisors-inc-lubbock-tx-114404",
  "primary_business_name": "HIGH PLAINS INVESTMENT ADVISORS, INC.",
  "legal_name": "HIGH PLAINS INVESTMENT ADVISORS, INC.",
  "dbas": [
    "HIGH PLAINS ADVISORS"
  ],
  "city": "Lubbock",
  "state": "TX",
  "country": "United States",
  "cbsa_code": "31180",
  "metro": {
    "cbsa_code": "31180",
    "common_name": "Lubbock",
    "msa_name": "Lubbock, TX",
    "path": "/advisors/tx/lubbock"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2022-09-22",
  "years_registered": 4,
  "period": "2026-10-01",
  "filing_date": "2026-02-09",
  "carried_forward": false,
  "raum_total": 191167024.0,
  "raum_discretionary": 191167024.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 2,
  "advisory_employees": 2,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 86783367.0,
      "count": 9
    },
    "individuals": {
      "raum": 28906920.0,
      "count": 103
    },
    "high_net_worth_individuals": {
      "raum": 75476737.0,
      "count": 25
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "other",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 1,
  "states_registered": [
    "TX"
  ],
  "websites": [
    "https://hptxadvisors.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/114404",
  "disclosure_items": [
    {
      "item": "11.F",
      "question": "Has an authorization to act as an attorney, accountant, or federal contractor granted to the firm or an advisory affiliate ever been revoked or suspended?"
    }
  ],
  "city_as_filed": "LUBBOCK",
  "url": "https://advisorcensus.com/firm/high-plains-investment-advisors-inc-lubbock-tx-114404",
  "display_name": "High Plains Investment Advisors, Inc.",
  "summary": "High Plains Investment Advisors, Inc. is an SEC-registered investment advisory firm in Lubbock, TX, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 9, 2026.",
  "citation": "AdvisorCensus. High Plains Investment Advisors, Inc. (CRD 114404): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "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",
    "Educational seminars/workshops",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is High Plains Investment Advisors, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), High Plains Investment Advisors, Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does High Plains Investment Advisors, Inc. charge?",
      "a": "Its Form ADV Part 2A brochure dated February 9, 2026 states: Hourly rate: $300 an hour. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is High Plains Investment Advisors, Inc. located?",
      "a": "High Plains Investment Advisors, Inc.'s principal office is in Lubbock, TX, according to its Form ADV."
    },
    {
      "q": "Is High Plains Investment Advisors, Inc. registered with the SEC or a state?",
      "a": "High Plains Investment Advisors, Inc. is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 114404."
    },
    {
      "q": "How much does High Plains Investment Advisors, Inc. manage?",
      "a": "High Plains Investment Advisors, Inc. reports $191,167,024 in regulatory assets under management in its Form ADV filing dated February 9, 2026 (100% discretionary)."
    },
    {
      "q": "How have High Plains Investment Advisors, Inc.'s assets and staff changed since 2022?",
      "a": "In the Form ADV data for High Plains Investment Advisors, Inc.: Regulatory assets under management: $116,378,000 in the October 2022 data and $191,167,024 in the October 2026 data, up 64%. Total employees: 2 in October 2022 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does High Plains Investment Advisors, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (103); high net worth individuals (25); charitable organizations (9)."
    },
    {
      "q": "Which custodians does High Plains Investment Advisors, Inc. use?",
      "a": "High Plains Investment Advisors, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does High Plains Investment Advisors, Inc. report any disciplinary disclosures?",
      "a": "Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.F (authorization as an attorney, accountant, or federal contractor revoked or suspended). 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/114404"
    },
    {
      "q": "What changed in High Plains Investment Advisors, Inc.'s recent Form ADV filings?",
      "a": "In the March 2026 filing data: Regulatory assets under management went from $159,229,318 to $191,167,024 (+20%)."
    }
  ],
  "filing_history": [
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 116378000.0,
      "total_employees": 2,
      "filing_date": "2022-09-20"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 124988000.0,
      "total_employees": 3,
      "filing_date": "2023-07-17"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 146717293.0,
      "total_employees": 2,
      "filing_date": "2024-02-19"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 159229318.0,
      "total_employees": 2,
      "filing_date": "2025-02-03"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 191167024.0,
      "total_employees": 2,
      "filing_date": "2026-02-09"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Regulatory assets under management went from $159,229,318 to $191,167,024 (+20%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated February 9, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Hourly rate: $300 an hour"
    ],
    "figures": [
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $300 an hour"
        ],
        "quotes": [
          "For other services, we bill by the hour. These rates range up to $300 per hour."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "hourly",
          "amount": 300.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "other services"
        }
      ]
    },
    "quotes": [
      "For other services, we bill by the hour. These rates range up to $300 per hour."
    ],
    "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
    }
  ],
  "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/high-plains-investment-advisors-inc-lubbock-tx-114404.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 103,
      "fewer_than_5": false,
      "raum": 28906920.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 25,
      "fewer_than_5": false,
      "raum": 75476737.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 9,
      "fewer_than_5": false,
      "raum": 86783367.0
    }
  ],
  "disclosure_line": "Reports 1 disclosure item 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/114404",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}