Avion Wealth provides financial planning, portfolio management for individuals and small businesses, estate planning, philanthropic planning, retirement plan services, and tax planning. Financial planning was provided to 251–500 clients last fiscal year.
Avion Wealth reports 300 clients. They include 269 high-net-worth individuals and 31 individual clients. Of its assets, 99.9% ($984M across 1,701 accounts) are managed with discretion; $561K across 1 account is not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 10% | 3% |
| High-net-worth individuals | 90% | 97% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 31 | $31.6M | 3.2% | $1.02M |
| High-net-worth individuals | 269 | $953M | 96.8% | $3.54M |
| Total | 300 | $985M | 100% | $3.28M |
- Clients
- 31
- Regulatory AUM
- $31.6M
- AUM share
- 3.2%
- Avg. per client
- $1.02M
- Clients
- 269
- Regulatory AUM
- $953M
- AUM share
- 96.8%
- Avg. per client
- $3.54M
Total
- Clients
- 300
- Regulatory AUM
- $985M
- AUM share
- 100%
- Avg. per client
- $3.28M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
Avion Wealth charges 0.50%–1.00% for its Portfolio Management Services. The brochure does not state whether the rate is annual. The fee is billed in advance and has a $20,000 annual minimum.
Fee details and sources
Paul Carroll owns 75% or more of Avion Wealth. The leadership team of Avion Wealth includes Chief Compliance Officer Paul Carroll. It has 15 employees, 8 of them in advisory roles.
Staff
- 15 employees
- 8 in advisory functions
- 8 state-registered reps
- 5 soliciting firms
- Owns 75% or more of Avion Wealth, LLC
Paul Carroll
Control person · since November 2003
- Owns 5% to 10% of Avion Wealth, LLC
Elizabeth Brady
since April 2016
Avion Wealth’s regulatory assets grew 2.0× from $501M (July 2021) to $985M (August 2026); clients rose from 217 to 300 and employees from 13 to 15.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Aug 2026August 2026 | $985M | 300 | 15 | 1 |
| May 2025May 2025 | $849M | 272 | 15 | 1 |
| Jun 2024June 2024 | $780M | 247 | 16 | 1 |
| Mar 2023March 2023 | $688M | 241 | 15 | 1 |
| Jul 2022July 2022 | $611M | 241 | 14 | 2 |
| Jul 2021July 2021 | $501M | 217 | 13 | 2 |
Besides its headquarters, Avion Wealth has 0 offices, with 1 listed address in 1 state.
Texas · 1 listed address
- 2829 Technology Forest Boulevard, Suite 300, The WoodlandsHQ
Contact and registration details
- Legal name
- Avion Wealth, LLC
- Headquarters
- 2829 Technology Forest Boulevard, Suite 300, The Woodlands, TX 77381-3913
- Website
- avionwealth.com
- Phone
- 281-528-1200
- View profile
- SEC file
- 801-99351
- Founded
- 2005
- Structure
- Texas LLC
- Fiscal year end
- December
Avion Wealth’s named custodians for separately managed accounts are Charles Schwab ($681M, 71%) and Fidelity ($272M, 29%). Avion Wealth has custody of $13.9M for 13 clients.
- FidelityFidelity Distributors Company LLC · Boston, MA · $272M29%
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $681M71%
At year end, Avion Wealth’s separately managed accounts were largely in stocks (48%) and funds (45%). Its reported 13F holdings for the quarter ended 30 June 2026 total $537K across 1,750 positions; the largest are Vanguard BD Index Fds (13.9%), Vanguard Tax-managed Fds (12.0%) and Vanguard Index Fds (9.0%).
What the accounts hold
- Stocks48%
- Funds45%
- Bonds2%
- Cash4%
Filed values cover 99%. The neutral 1% gap has no reported category.
How many clients does Avion Wealth have?
Avion Wealth has 300 clients and manages $985 million for them, as of August 2026. They include 269 high-net-worth individuals and 31 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 August 2026
What services does Avion Wealth offer?
Avion Wealth provides financial planning, portfolio management for individuals and small businesses, estate planning, philanthropic planning, retirement plan services, 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 Avion Wealth charge?
Avion Wealth charges 0.50%–1.00% for its Portfolio Management Services. The brochure does not state whether the rate is annual. The fee is billed in advance and has a $20,000 annual minimum.
Which custodians does Avion Wealth use?
Avion Wealth’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $681M and Fidelity Distributors Company LLC (Boston, MA), with $272M. 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 August 2026
How many financial advisors does Avion Wealth have?
Avion Wealth has 8 investment adviser representatives registered with state securities authorities, out of 15 employees, and 8 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 Avion Wealth invest in?
At the end of its last fiscal year, Avion Wealth’s separately managed accounts held 48% exchange-traded equities, 45% registered funds (mutual funds, ETFs, BDCs), 4% cash and equivalents and 2% 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 Avion Wealth?
Avion Wealth’s direct owners are Paul Carroll (75% or more) and Elizabeth Brady (5% to 10%).
Source: Form ADV Part 1A, Schedules A and B, filed 27 August 2026
How does Avion Wealth get paid?
Avion Wealth 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
How do I contact Avion Wealth?
Avion Wealth’s main office is at 2829 Technology Forest Boulevard, Suite 300, The Woodlands, TX 77381-3913. Its phone number is 281-528-1200. Its website is avionwealth.com.
