Brent Forrest & Associates provides financial planning, portfolio management for individuals and small businesses, publishing newsletters, educational seminars, business succession planning, estate planning, insurance, retirement plan services, and tax planning. Financial planning was provided to 251–500 clients last fiscal year.
Brent Forrest & Associates reports 446 clients. They include 385 individual clients, 52 high-net-worth individuals, and 4 pension and profit-sharing plans. Of its assets, 100.0% ($657M across 1,548 accounts) are managed with discretion. Of its clients, 1% are outside the U.S. It advised 3 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 86% | 19% |
| High-net-worth individuals | 12% | 80% |
| Pension and profit-sharing plans | <1% | <1% |
| Charitable organizations | <1% | <1% |
| Other | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 385 | $122M | 18.6% | $317K |
| High-net-worth individuals | 52 | $528M | 80.3% | $10.1M |
| Pension and profit-sharing plans | Fewer than 5 | $2.5M | 0.4% | $625K |
| Charitable organizations | Fewer than 5 | $2.5M | 0.4% | $1.25M |
| Other | Fewer than 5 | $2.13M | 0.3% | $710K |
| Total | 446 | $657M | 100% | — |
- Clients
- 385
- Regulatory AUM
- $122M
- AUM share
- 18.6%
- Avg. per client
- $317K
- Clients
- 52
- Regulatory AUM
- $528M
- AUM share
- 80.3%
- Avg. per client
- $10.1M
- Clients
- Fewer than 5
- Regulatory AUM
- $2.5M
- AUM share
- 0.4%
- Avg. per client
- $625K
- Clients
- Fewer than 5
- Regulatory AUM
- $2.5M
- AUM share
- 0.4%
- Avg. per client
- $1.25M
- Clients
- Fewer than 5
- Regulatory AUM
- $2.13M
- AUM share
- 0.3%
- Avg. per client
- $710K
Total
- Clients
- 446
- Regulatory AUM
- $657M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 3
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
Brent Forrest & Associates charges up to 1.00% a year for its Investment Management Fees. The fee is billed in advance and requires an account of at least $300,000. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- Financial planning membership
- Annual fee of $1,000 to $10,000, billed semi-annually, quarterly or monthly, plus a one-time $250 onboarding fee that may be waived.
- Investment consulting
- Hourly rate of $250, billed as services are rendered.
- One-time financial planning
- Hourly rate of $250, with the hours estimated and quoted in advance; half the total fee is due when the planning agreement is signed.
Priscilla McKinley owns 25% to 50% of Brent Forrest & Associates. It has 9 employees, 3 of them in advisory roles.
Leadership
- Priscilla McKinleyPartner/Owner
- Esmond PabilonaBusiness Development & Managing Partner
- Anders StorvikManaging Partner/CCO/Client Advisor
Investment adviser representatives
6 representatives listed in the SEC register as of 9 October 2026.
Staff
- 9 employees
- 3 in advisory functions
- 4 state-registered reps
- Owns 25% to 50% of Brent Forrest & Associates, L.L.C.
Priscilla McKinley
Control person · since January 2016
- Owns 25% to 50% of Brent Forrest & Associates, L.L.C.
Esmond Pabilona
Control person · since January 2020
- Owns 25% to 50% of Brent Forrest & Associates, L.L.C.
Anders Storvik
Control person · since January 2020
Brent Forrest & Associates’ regulatory assets grew from $497M (April 2021) to $657M (July 2026); clients rose from 361 to 446 and employees from 7 to 9.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $657M | 446 | 9 | 1 |
| July 2025 | $526M | 489 | 6 | 1 |
| June 2024 | $506M | 473 | 6 | 1 |
| April 2023 | $459M | 487 | 8 | 1 |
| July 2022 | $584M | 369 | 7 | 1 |
| April 2021 | $497M | 361 | 7 | 1 |
Besides its headquarters, Brent Forrest & Associates has 0 offices, with 1 listed address in Texas.
Texas · 1 listed address
- 366 W Sunset RD, Building 4, San AntonioHQ
Contact and registration details
- Legal name
- Brent Forrest & Associates, L.L.C.
- Headquarters
- 366 W Sunset RD, Building 4, San Antonio, TX 78209
- Website
- welafa.com
- Phone
- 210-530-9599
- SEC file
- 801-72638
- Founded
- 1995
- Structure
- Texas LLC
- Fiscal year end
- December
Brent Forrest & Associates uses Charles Schwab ($657M) as custodian for its separately managed accounts. Brent Forrest & Associates does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $657M100%
At year end, Brent Forrest & Associates’ separately managed accounts were mostly in stocks (99%).
What the accounts hold
- Stocks99%
- Cash1%
How many clients does Brent Forrest & Associates have?
Brent Forrest & Associates has 446 clients and manages $657 million for them, as of July 2026. They include 385 individual clients, 52 high-net-worth individuals, and 4 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 July 2026
What services does Brent Forrest & Associates offer?
Brent Forrest & Associates provides financial planning, portfolio management for individuals and small businesses, publishing newsletters, educational seminars, business succession planning, estate planning, insurance, 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 Brent Forrest & Associates charge?
Brent Forrest & Associates charges up to 1.00% a year for its Investment Management Fees. The fee is billed in advance and requires an account of at least $300,000.
Which custodians does Brent Forrest & Associates use?
Brent Forrest & Associates’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $657M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 July 2026
How many financial advisors does Brent Forrest & Associates have?
Brent Forrest & Associates has 4 investment adviser representatives registered with state securities authorities, out of 9 employees, and 3 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 Brent Forrest & Associates invest in?
At the end of its last fiscal year, Brent Forrest & Associates’ separately managed accounts held 99% exchange-traded equities and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Brent Forrest & Associates have a minimum investment?
Yes, Brent Forrest & Associates’ minimum account size for its Investment Management Fees is $300K.
Who owns Brent Forrest & Associates?
Brent Forrest & Associates’ direct owners are Priscilla McKinley, Esmond Pabilona and Anders Storvik, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 24 July 2026
How does Brent Forrest & Associates get paid?
Brent Forrest & Associates is paid through a percentage of assets under management, hourly charges 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 Brent Forrest & Associates registered with the SEC?
Yes, Brent Forrest & Associates has been registered with the SEC as an investment adviser since 3 August 2011. Its CRD number is 126266 and its SEC file number is 801-72638.
Source: Form ADV Part 1A, Item 1, filed 24 July 2026; IAPD firm record
How do I contact Brent Forrest & Associates?
Brent Forrest & Associates’ main office is at 366 W Sunset RD, Building 4, San Antonio, TX 78209. Its phone number is 210-530-9599. Its website is welafa.com.