Austin Asset Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, estate planning, insurance, and tax planning. Financial planning was provided to 251–500 clients last fiscal year.
Austin Asset Management reports 458 clients. They include 355 high-net-worth individuals, 92 individual clients and 11 charitable organizations. Of its assets, 100.0% ($1.87B across 1,974 accounts) are managed with discretion. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 20% | 3% |
| High-net-worth individuals | 78% | 88% |
| Charitable organizations | 2% | 9% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 92 | $54.1M | 2.9% | $588K |
| High-net-worth individuals | 355 | $1.64B | 87.6% | $4.62M |
| Charitable organizations | 11 | $178M | 9.5% | $16.1M |
| Total | 458 | $1.87B | 100% | $4.09M |
- Clients
- 92
- Regulatory AUM
- $54.1M
- AUM share
- 2.9%
- Avg. per client
- $588K
- Clients
- 355
- Regulatory AUM
- $1.64B
- AUM share
- 87.6%
- Avg. per client
- $4.62M
- Clients
- 11
- Regulatory AUM
- $178M
- AUM share
- 9.5%
- Avg. per client
- $16.1M
Total
- Clients
- 458
- Regulatory AUM
- $1.87B
- AUM share
- 100%
- Avg. per client
- $4.09M
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
Austin Asset Management charges 0.25%–0.65% a year for its Wealth management fees. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and has a $5,000 annual minimum.
| Asset band | Annual rate |
|---|---|
| $0–$7.5M | 0.65% |
| $7.5M–$15M | 0.40% |
| $15M–$25M | 0.30% |
| $25M and above | 0.25% |
Fee details and sources
William Hehman owns 25% to 50% of Austin Asset Management. William Hehman is CEO; the leadership team includes President Gregory Van Wyk and Chief Investment Officer Jonathan Davison. It has 21 employees, 13 of them in advisory roles.
Leadership
- William HehmanChief Executive Officer
- Gregory Van WykExecutive Vice President
- Jonathan DavisonChief Compliance Officer & Chief Investment Officer
- William WikeShareholder
- Alexandra BequetteShareholder
- Allison LootsShareholder
Investment adviser representatives
15 representatives listed in the SEC register as of 9 October 2026.
- Alexandra Mary Bequette
- Yuanyuan Che
- Jack Daniel Cowling
- Jonathan David Davison
- Jessica Moller Forrest
- Alexis Sabrina Garza
- Samantha Kate Gorny
- William Eric Hehman
- Jamie Key Ileks
- Preeti Narayan
- Guillermo Enrique Pestana Muller
- Laura Frese Stitt
- Gregory Scott Van Wyk
- David Scott Walker
- William Thomas Wike
Staff
- 21 employees
- 13 in advisory functions
- 12 state-registered reps
- Owns 25% to 50% of Austin Asset Management Co
William Hehman
Control person · since July 2000
- Owns 10% to 25% of Austin Asset Management Co
Gregory Van Wyk
Control person · since January 2010
- Owns 10% to 25% of Austin Asset Management Co
Jonathan Davison
Control person · since July 2015
- Owns 5% to 10% of Austin Asset Management Co
William Wike
since January 2021
- Owns 5% to 10% of Austin Asset Management Co
Alexandra Bequette
since January 2023
- Owns 5% to 10% of Austin Asset Management Co
Allison Loots
since January 2024
Austin Asset Management’s regulatory assets grew 1.6× from $1.18B (July 2021) to $1.87B (February 2026); clients rose from 396 to 458 and employees from 19 to 21.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| February 2026 | $1.87B | 458 | 21 | 1 |
| March 2025 | $1.67B | 450 | 24 | 2 |
| April 2024 | $1.54B | 451 | 23 | 2 |
| March 2023 | $1.27B | 435 | 22 | 2 |
| May 2022 | $1.37B | 422 | 22 | 2 |
| July 2021 | $1.18B | 396 | 19 | 2 |
Besides its headquarters, Austin Asset Management has 0 offices, with 1 listed address in Texas.
Texas · 1 listed address
- 7200 N. Mopac, Suite 315, AustinHQ
Contact and registration details
- Legal name
- Austin Asset Management Co
- Headquarters
- 7200 N. Mopac, Suite 315, Austin, TX 78731
- Website
- austinasset.com
- Phone
- 512-453-6622
- @austin-asset-management
- SEC file
- 801-32217
- Founded
- 1986
- Structure
- Texas corporation
- Fiscal year end
- December
Austin Asset Management uses Charles Schwab ($1.51B, 83%) and Fidelity ($316M, 17%) as custodians for its separately managed accounts. Austin Asset Management has custody of $489M in client assets for 242 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $1.51B83%
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $316M17%
At year end, Austin Asset Management’s separately managed accounts were mostly in funds (89%). Its reported 13F holdings for the quarter ended 30 June 2026 total $718M across 94 positions; the largest are Dimensional ETF Trust (24.8%), Nvidia Corporation (17.2%) and Dimensional ETF Trust (10.7%).
What the accounts hold
- Stocks7%
- Funds89%
- Bonds1%
- Cash3%
Reported 13F holdings
- $718M
- Reported 13F value
- 94
- Positions
- 77.2%
- In the 10 largest
- +18.0%
- Value vs. prior quarter
- Dimensional ETF Trust · US Cor Equ 2 ETF24.8%
- Nvidia Corporation17.2%
- Dimensional ETF Trust · US Equi Mark ETF10.7%
- Dimensional ETF Trust · US Small Cap ETF5.1%
- iShares TR · 0-5 YR Tips ETF5.1%
- Vanguard BD Index Fds · Intermed Term3.8%
- Vanguard Index Fds · Real Estate ETF3.3%
- Dimensional ETF Trust · US Mktwide Value2.5%
- Dimensional ETF Trust · US Larg Valu ETF2.4%
- Pathward Financial Inc.2.3%
Together, the ten largest are 77.2% of reported value.
How many clients does Austin Asset Management have?
Austin Asset Management has 458 clients and manages $1.87 billion for them, as of February 2026. They include 355 high-net-worth individuals, 92 individual clients and 11 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 February 2026
What services does Austin Asset Management offer?
Austin Asset Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, estate planning, insurance, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Austin Asset Management charge?
Austin Asset Management charges 0.25%–0.65% a year for its Wealth management fees. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and has a $5,000 annual minimum.
Source: FORM ADV PART 2A FEBRUARY 2026, filed 27 February 2026
Which custodians does Austin Asset Management use?
Austin Asset Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $1.51B and Fidelity Brokerage Services LLC (Smithfield, RI), with $316M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 February 2026
How many financial advisors does Austin Asset Management have?
Austin Asset Management has 12 investment adviser representatives registered with state securities authorities, out of 21 employees, and 13 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Austin Asset Management invest in?
At the end of its last fiscal year, Austin Asset Management’s separately managed accounts held 89% registered funds (mutual funds, ETFs, BDCs), 7% exchange-traded equities, 3% cash and equivalents and 1% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Austin Asset Management?
Austin Asset Management’s direct owners are William Hehman, Gregory Van Wyk, Jonathan Davison, William Wike, Alexandra Bequette and Allison Loots, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 27 February 2026
How does Austin Asset Management get paid?
Austin Asset Management is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Austin Asset Management registered with the SEC?
Yes, Austin Asset Management has been registered with the SEC as an investment adviser since 9 June 1988. Its CRD number is 105441 and its SEC file number is 801-32217.
Source: Form ADV Part 1A, Item 1, filed 27 February 2026; IAPD firm record
How do I contact Austin Asset Management?
Austin Asset Management’s main office is at 7200 N. Mopac, Suite 315, Austin, TX 78731. Its phone number is 512-453-6622. Its website is austinasset.com.