# Lifestyle Asset Management, Inc.

> Lifestyle Asset Management, Inc. is an SEC-registered investment advisory firm in Friendswood, TX, registered since 2019, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated July 15, 2026.

- CRD: 157450
- Filed as: LIFESTYLE ASSET MANAGEMENT, INC.
- Also doing business as: DFW RETIREMENT PLANNERS, EVERETT FINANCIAL GROUP, LIFESTYLE FINANCIAL ADVISORS, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Friendswood, TX
- Filing period: October 2026
- Form ADV filing dated: July 15, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/157450
- AdvisorCensus page: https://advisorcensus.com/firm/lifestyle-asset-management-inc-friendswood-tx-157450

## Quick answers

**How is Lifestyle Asset Management, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Lifestyle Asset Management, Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges.

**Where is Lifestyle Asset Management, Inc. located?**
Lifestyle Asset Management, Inc.'s principal office is in Friendswood, TX, according to its Form ADV; the August 2026 filing also lists 4 other offices (Schedule D, Section 1.F).

**Is Lifestyle Asset Management, Inc. registered with the SEC or a state?**
Lifestyle Asset Management, Inc. is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 157450.

**How much does Lifestyle Asset Management, Inc. manage?**
Lifestyle Asset Management, Inc. reports $571,164,427 in regulatory assets under management in its Form ADV filing dated July 15, 2026 (100% discretionary).

**How have Lifestyle Asset Management, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Lifestyle Asset Management, Inc.: Regulatory assets under management: $271,320,596 in the October 2021 data and $571,164,427 in the October 2026 data, up 111%. Total employees: 9 in October 2021 and 13 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Lifestyle Asset Management, Inc. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (759); high net worth individuals (163); pension and profit sharing plans (but not the plan participants or government pension plans) (6).

**Which custodians does Lifestyle Asset Management, Inc. use?**
Lifestyle Asset Management, 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.

**Does Lifestyle Asset Management, Inc. 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/157450

**Does Lifestyle Asset Management, Inc. state an account minimum?**
Its Form ADV Part 2A brochure dated July 15, 2026 says: "In general, we require a minimum of $50,000 to open and maintain an advisory account. At our discretion, we may waive this minimum account size."

**What changed in Lifestyle Asset Management, Inc.'s recent Form ADV filings?**
In the February 2026 filing data: Added the business name Everett Financial Group. Regulatory assets under management went from $399,218,297 to $571,164,427 (+43%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges

### Fees and minimums (Form ADV Part 2A brochure dated July 15, 2026)

- Account minimum: $50,000 (the brochure says it may be waived or negotiated)

> In general, we require a minimum of $50,000 to open and maintain an advisory account. At our discretion, we may waive this minimum account size.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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: $571,164,427
- Discretionary: $571,164,427
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 759 | $228,877,348 |
| High net worth individuals | 163 | $326,477,493 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 6 | $15,809,586 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Publication of periodicals or newsletters
- Other

### Firm details
- Registered since: 2019 (7 years)
- Employees: 13 total, 13 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, FL, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the August 2026 filing
- Dallas, TX
- Deer Park, TX
- Fort Worth, TX
- Texas City, TX

### Websites listed on Form ADV (Item 1.I)
- [dfwretirementplanners.com](https://dfwretirementplanners.com)
- [everett-financial.com](https://everett-financial.com)
- [lsaminc.com](https://lsaminc.com)
- Facebook @DFWRP

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $271,320,596 | 9 | August 6, 2021 |
| October 2022 | $357,836,509 | 9 | June 9, 2022 |
| October 2023 | $328,448,170 | 12 | September 18, 2023 |
| October 2024 | $381,974,097 | 13 | May 13, 2024 |
| October 2025 | $399,218,297 | 13 | May 7, 2025 |
| October 2026 | $571,164,427 | 13 | July 15, 2026 |

Regulatory assets under management: $271,320,596 in the October 2021 data and $571,164,427 in the October 2026 data, up 111%.
Total employees: 9 in October 2021 and 13 in October 2026.

## Changes in the filing (last 12 months)

### February 2026
- Added the business name Everett Financial Group.
- Regulatory assets under management went from $399,218,297 to $571,164,427 (+43%).

### January 2026
- Employees performing advisory functions went from 14 to 13.
- No longer registered or notice-filed in CO.

### December 2025
- Employees performing advisory functions went from 13 to 14.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Lifestyle Asset Management, Inc. (CRD 157450): Form ADV filing data as of October 2026.