AdvisorCensus by AdvisorSEO Max

AdvisorCensus / Financial advisors / Texas / Dallas / Wealthstar Advisors, LLC

Wealthstar Advisors, LLC

Plano, TXSEC-registered investment adviserCRD 164957

Filed as WEALTHSTAR ADVISORS, LLC

Wealthstar Advisors, LLC is an SEC-registered investment advisory firm in Plano, TX, registered since 2014, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 14, 2026.

12 years
registered since 2014
$723,608,845
assets under management
3 arrangements
Percentage of assets, Hourly and more
None
disclosure items (Item 11)

Quick answers

From the filing

How is Wealthstar Advisors, LLC compensated?

On its Form ADV (Item 5.E, October 2026), Wealthstar Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

Where is Wealthstar Advisors, LLC located?

Wealthstar Advisors, LLC's principal office is in Plano, TX, according to its Form ADV; the April 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

Is Wealthstar Advisors, LLC registered with the SEC or a state?

Wealthstar Advisors, LLC is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 164957.

How much does Wealthstar Advisors, LLC manage?

Wealthstar Advisors, LLC reports $723,608,845 in regulatory assets under management in its Form ADV filing dated March 14, 2026 (100% discretionary).

How have Wealthstar Advisors, LLC's assets and staff changed since 2021?

In the Form ADV data for Wealthstar Advisors, LLC: Regulatory assets under management: $539,235,828 in the October 2021 data and $723,608,845 in the October 2026 data, up 34%. Total employees: 14 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 Wealthstar Advisors, LLC serve?

By number of clients on Form ADV Item 5.D: high net worth individuals (231); individuals (other than high net worth individuals) (222).

Which custodians does Wealthstar Advisors, LLC use?

Wealthstar Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets.

Does Wealthstar Advisors, LLC 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/164957

What changed in Wealthstar Advisors, LLC's recent Form ADV filings?

In the April 2026 filing data: Employees performing advisory functions went from 10 to 8. No longer lists an office in McKinney, TX.

From the Form ADV filing

Every figure below is as the firm filed it with regulators, as of October 2026.

How the firm is compensated

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

Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ

Fees and minimums

Form ADV Part 2A

The brochure lists different fees for different services or strategies. See the firm's brochure (dated March 14, 2026) for its fees and any account minimum, on the SEC's IAPD site.

Regulatory assets under management

Item 5.F
$723,608,845

$723,608,845 as of October 2026, filing dated March 14, 2026.

Discretionary: $723,608,845.Non-discretionary: $0.

A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means

Who the firm serves

Item 5.D
Individuals (other than high net worth individuals)
Clients 222 Assets $254,428,350 (35%)
High net worth individuals
Clients 231 Assets $469,180,495 (65%)

A firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.

Advisory services

Item 5.G
  • Financial planning services
  • Portfolio management for individuals and/or small businesses
  • Selection of other advisers (including private fund managers)

Registration and firm details

Items 1, 2, 5
Also doing business as
PROSPERITY RETIREMENT GROUP
Registration
SEC-registered investment adviser. Status as filed: Approved.
Registered since
2014 (12 years)
Employees
Total: 8. Performing investment advisory functions: 8.
Wrap fee program participation
Yes.
Custodians (Schedule D, Section 5.K(3))

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.

Other offices (Schedule D, Section 1.F)
2 other offices, as of the April 2026 filing
Lenexa, KSPlano, TX
States registered or notice-filed
14 states or jurisdictions
CACOCTFLILKSLAMANENHOHOKTNTX

SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration

Disclosures

Item 11

None Reports no disclosure items on Form ADV Item 11. View on IAPD.

Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures

Assets and staff over time

Items 5.A, 5.F
$539M 2021 $718M 2022 $609M 2023 $671M 2024 $791M 2025 $724M 2026
Data periodAssets under managementEmployeesFiling dated
October 2026$723,608,8458March 14, 2026
October 2025$791,461,81610March 26, 2025
October 2024$671,459,52410May 9, 2024
October 2023$608,946,24714January 27, 2023
October 2022$717,616,10814March 24, 2022
October 2021$539,235,82814July 13, 2021

Regulatory assets under management: $539,235,828 in the October 2021 data and $723,608,845 in the October 2026 data, up 34%.

Total employees: 14 in October 2021 and 8 in October 2026.

As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.

Changes in the filing

Last 12 months
  1. April 2026
    • Employees performing advisory functions went from 10 to 8.
    • No longer lists an office in McKinney, TX.

Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.

Websites listed on Form ADV

Item 1.I
wealthstaradvisors.com

Source: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."

Cite this page

AdvisorCensus. Wealthstar Advisors, LLC (CRD 164957): Form ADV filing data as of October 2026.
https://advisorcensus.com/firm/wealthstar-advisors-llc-plano-tx-164957