# The Watchman Group, Inc.

> The Watchman Group, Inc. is an SEC-registered investment advisory firm in Plano, TX, registered since 2005, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 5, 2026.

- CRD: 133690
- Filed as: THE WATCHMAN GROUP, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Plano, TX
- Filing period: October 2026
- Form ADV filing dated: March 5, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/133690
- AdvisorCensus page: https://advisorcensus.com/firm/the-watchman-group-inc-plano-tx-133690

## Quick answers

**How is The Watchman Group, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), The Watchman Group, Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**How much does The Watchman Group, Inc. charge?**
Its Form ADV Part 2A brochure dated March 5, 2026 states: Asset-based fee: 0.25% to 1.25% a year (a range, as the brochure states it); Flat fee: $500 to $10,000 (financial planning and/or consulting services); Hourly rate: $250 to $450 an hour (financial planning and/or consulting services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is The Watchman Group, Inc. located?**
The Watchman Group, Inc.'s principal office is in Plano, TX, according to its Form ADV.

**Is The Watchman Group, Inc. registered with the SEC or a state?**
The Watchman Group, Inc. is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 133690.

**How much does The Watchman Group, Inc. manage?**
The Watchman Group, Inc. reports $639,740,168 in regulatory assets under management in its Form ADV filing dated March 5, 2026 (99% discretionary).

**How have The Watchman Group, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for The Watchman Group, Inc.: Regulatory assets under management: $400,705,711 in the October 2021 data and $639,740,168 in the October 2026 data, up 60%. Total employees: 7 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does The Watchman Group, Inc. serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (144); individuals (other than high net worth individuals) (117); charitable organizations (3).

**Which custodians does The Watchman Group, Inc. use?**
The Watchman Group, 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 The Watchman Group, 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/133690

**Does The Watchman Group, Inc. state an account minimum?**
Its Form ADV Part 2A brochure dated March 5, 2026 says: "TWG generally imposes a beginning minimum portfolio value of $2,000,000 for its investment management services."

**What changed in The Watchman Group, Inc.'s recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $576,225,767 to $639,740,168 (+11%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 5, 2026)

- Asset-based fee: 0.25% to 1.25% a year (a range, as the brochure states it)

> The annual fee shall vary (between 0.25% and 1.25%) depending upon the market value of the assets under management and the type of investment management services to be rendered.

- Account minimum: $2,000,000

> TWG generally imposes a beginning minimum portfolio value of $2,000,000 for its investment management services.

- Flat fee: $500 to $10,000 (financial planning and/or consulting services)

> Generally, these fees range from $500 to $10,000 on a fixed fee basis and/or $250 - $450 on an hourly basis, depending upon the level and scope of the services and professional rendering the financial planning and/or consulting services.

- Hourly rate: $250 to $450 an hour (financial planning and/or consulting services)

> Generally, these fees range from $500 to $10,000 on a fixed fee basis and/or $250 - $450 on an hourly basis, depending upon the level and scope of the services and professional rendering the financial planning and/or consulting services.

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: $639,740,168
- Discretionary: $633,574,551
- Non-discretionary: $6,165,617

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 117 | $50,380,656 |
| High net worth individuals | 144 | $582,520,619 |
| 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) | 0 | $0 |
| Charitable organizations | 3 | $4,124,157 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 2 | $2,714,736 |
| 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

### Firm details
- Registered since: 2005 (21 years)
- Employees: 8 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CO, FL, GA, LA, NC, NH, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- watchmangroup.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $400,705,711 | 7 | March 4, 2021 |
| October 2022 | $505,859,384 | 7 | March 7, 2022 |
| October 2023 | $451,116,226 | 7 | March 6, 2023 |
| October 2024 | $533,081,617 | 8 | April 1, 2024 |
| October 2025 | $576,225,767 | 8 | February 21, 2025 |
| October 2026 | $639,740,168 | 8 | March 5, 2026 |

Regulatory assets under management: $400,705,711 in the October 2021 data and $639,740,168 in the October 2026 data, up 60%.
Total employees: 7 in October 2021 and 8 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $576,225,767 to $639,740,168 (+11%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. The Watchman Group, Inc. (CRD 133690): Form ADV filing data as of October 2026.