{
  "crd_number": 290626,
  "slug": "mcalister-sweet-and-associates-inc-houston-tx-290626",
  "primary_business_name": "MCALISTER, SWEET & ASSOCIATES, INC.",
  "legal_name": "MCALISTER, SWEET & ASSOCIATES, INC.",
  "dbas": [],
  "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": "2017-11-27",
  "years_registered": 8,
  "period": "2026-10-01",
  "filing_date": "2026-03-02",
  "carried_forward": false,
  "raum_total": 224207084.0,
  "raum_discretionary": 223828305.0,
  "raum_non_discretionary": 378779.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 4,
  "advisory_employees": 3,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 41950077.0,
      "count": 107
    },
    "high_net_worth_individuals": {
      "raum": 182257007.0,
      "count": 80
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL",
    "LA",
    "TX"
  ],
  "websites": [
    "https://msamsa.net"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/290626",
  "city_as_filed": "HOUSTON",
  "url": "https://advisorcensus.com/firm/mcalister-sweet-and-associates-inc-houston-tx-290626",
  "display_name": "McAlister, Sweet & Associates, Inc.",
  "summary": "McAlister, Sweet & Associates, Inc. is an SEC-registered investment advisory firm in Houston, TX, registered since 2017, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 2, 2026.",
  "citation": "AdvisorCensus. McAlister, Sweet & Associates, Inc. (CRD 290626): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is McAlister, Sweet & Associates, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), McAlister, Sweet & Associates, Inc. reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "What does McAlister, Sweet & Associates, Inc.'s brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated March 2, 2026 states: Asset-based fee: up to 1% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is McAlister, Sweet & Associates, Inc. located?",
      "a": "McAlister, Sweet & Associates, Inc.'s principal office is in Houston, TX, according to its Form ADV."
    },
    {
      "q": "Is McAlister, Sweet & Associates, Inc. registered with the SEC or a state?",
      "a": "McAlister, Sweet & Associates, Inc. is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 290626."
    },
    {
      "q": "How much does McAlister, Sweet & Associates, Inc. manage?",
      "a": "McAlister, Sweet & Associates, Inc. reports $224,207,084 in regulatory assets under management in its Form ADV filing dated March 2, 2026 (100% discretionary)."
    },
    {
      "q": "How have McAlister, Sweet & Associates, Inc.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for McAlister, Sweet & Associates, Inc.: Regulatory assets under management: $146,612,643 in the October 2021 data and $224,207,084 in the October 2026 data, up 53%. Total employees: 3 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does McAlister, Sweet & Associates, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (107); high net worth individuals (80)."
    },
    {
      "q": "Which custodians does McAlister, Sweet & Associates, Inc. use?",
      "a": "McAlister, Sweet & Associates, 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 McAlister, Sweet & Associates, Inc. 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/290626"
    },
    {
      "q": "Does McAlister, Sweet & Associates, Inc. state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 2, 2026 says: \"MSA generally does not require a minimum net worth or net assets.\""
    },
    {
      "q": "What changed in McAlister, Sweet & Associates, Inc.'s recent Form ADV filings?",
      "a": "In the April 2026 filing data: Registered or notice-filed in FL. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 146612643.0,
      "total_employees": 3,
      "filing_date": "2021-02-23"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 173737977.0,
      "total_employees": 4,
      "filing_date": "2022-02-25"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 159609831.0,
      "total_employees": 4,
      "filing_date": "2023-02-14"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 173073274.0,
      "total_employees": 4,
      "filing_date": "2024-03-04"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 205463910.0,
      "total_employees": 4,
      "filing_date": "2025-01-29"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 224207084.0,
      "total_employees": 4,
      "filing_date": "2026-03-02"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Registered or notice-filed in FL.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 2, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": "1% of assets a year",
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: up to 1% of assets a year (the maximum the brochure states)"
        ],
        "quotes": [
          "Advisory fees paid to MSA are based on an annual fee of up to 1% of assets under management. All fees are subject to negotiation.",
          "Equity Accounts:\nAnnual Fee = All assets up to 1.00%\nAll advisory fees are negotiable"
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "MSA generally does not require a minimum net worth or net assets."
        ]
      }
    ],
    "quotes": [
      "Advisory fees paid to MSA are based on an annual fee of up to 1% of assets under management. All fees are subject to negotiation.",
      "Equity Accounts:\nAnnual Fee = All assets up to 1.00%\nAll advisory fees are negotiable",
      "MSA generally does not require a minimum net worth or net assets."
    ],
    "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/mcalister-sweet-and-associates-inc-houston-tx-290626.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 107,
      "fewer_than_5": false,
      "raum": 41950077.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 80,
      "fewer_than_5": false,
      "raum": 182257007.0
    }
  ],
  "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/290626",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}