{
  "crd_number": 13037,
  "slug": "investors-brokerage-of-texas-ltd-waco-tx-13037",
  "primary_business_name": "INVESTORS BROKERAGE OF TEXAS, LTD.",
  "legal_name": "INVESTORS BROKERAGE OF TEXAS, LTD.",
  "dbas": [],
  "city": "Waco",
  "state": "TX",
  "country": "United States",
  "cbsa_code": "47380",
  "metro": {
    "cbsa_code": "47380",
    "common_name": "Waco",
    "msa_name": "Waco, TX",
    "path": "/advisors/tx/waco"
  },
  "registration_type": "state",
  "registration_status": "APPROVED",
  "registration_date": "2010-01-20",
  "years_registered": 16,
  "period": "2026-10-01",
  "filing_date": "2026-08-25",
  "carried_forward": false,
  "raum_total": 98597687.0,
  "raum_discretionary": 0.0,
  "raum_non_discretionary": 98597687.0,
  "raum_band": "25m_100m",
  "raum_band_label": "$25 million to $100 million",
  "total_employees": 8,
  "advisory_employees": 2,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "individuals": {
      "raum": 822561.0,
      "count": null,
      "fewer_than_5": true
    },
    "pension_profit_sharing": {
      "raum": 97775126.0,
      "count": 14
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "pension_consulting",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 1,
  "states_registered": [
    "TX"
  ],
  "websites": [
    "https://insurorsoftexas.com",
    "https://investorsbrokerage.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/13037",
  "disclosure_items": [
    {
      "item": "11.E(2)",
      "question": "Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?"
    }
  ],
  "city_as_filed": "WACO",
  "url": "https://advisorcensus.com/firm/investors-brokerage-of-texas-ltd-waco-tx-13037",
  "display_name": "Investors Brokerage of Texas, Ltd.",
  "summary": "Investors Brokerage of Texas, Ltd. is a state-registered investment advisory firm in Waco, TX, registered since 2010, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated August 25, 2026.",
  "citation": "AdvisorCensus. Investors Brokerage of Texas, Ltd. (CRD 13037): Form ADV filing data as of October 2026.",
  "registration_type_label": "State-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services"
  ],
  "quick_answers": [
    {
      "q": "How is Investors Brokerage of Texas, Ltd. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Investors Brokerage of Texas, Ltd. reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Investors Brokerage of Texas, Ltd. located?",
      "a": "Investors Brokerage of Texas, Ltd.'s principal office is in Waco, TX, according to its Form ADV."
    },
    {
      "q": "Is Investors Brokerage of Texas, Ltd. registered with the SEC or a state?",
      "a": "Investors Brokerage of Texas, Ltd. is a state-registered investment advisory firm, registered since 2010. Status as filed: APPROVED. CRD 13037."
    },
    {
      "q": "How much does Investors Brokerage of Texas, Ltd. manage?",
      "a": "Investors Brokerage of Texas, Ltd. reports $98,597,687 in regulatory assets under management in its Form ADV filing dated August 25, 2026 (0% discretionary)."
    },
    {
      "q": "What types of clients does Investors Brokerage of Texas, Ltd. serve?",
      "a": "By number of clients on Form ADV Item 5.D: pension and profit sharing plans (but not the plan participants or government pension plans) (14)."
    },
    {
      "q": "Does Investors Brokerage of Texas, Ltd. report any disciplinary disclosures?",
      "a": "Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.E(2) (self-regulatory organization's finding of a rule violation). 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 public record on IAPD: https://adviserinfo.sec.gov/firm/summary/13037"
    }
  ],
  "filing_history": [],
  "recent_changes": [],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/investors-brokerage-of-texas-ltd-waco-tx-13037.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": null,
      "fewer_than_5": true,
      "raum": 822561.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 14,
      "fewer_than_5": false,
      "raum": 97775126.0
    }
  ],
  "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/13037",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}