Disciplined Investors provides financial planning, portfolio management for individuals and small businesses, and pension consulting. Financial planning was provided to 1–10 clients last fiscal year.
Disciplined Investors reports 528 clients. They include 312 individual clients, 168 high-net-worth individuals, and 48 pension and profit-sharing plans. Of its assets, 83.9% ($790M across 1,604 accounts) are managed with discretion; $151M across 28 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 59% | 11% |
| High-net-worth individuals | 32% | 51% |
| Pension and profit-sharing plans | 9% | 36% |
| Charitable organizations | Fewer than 5 | <1% |
| State or municipal government entities | Fewer than 5 | 2% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 312 | $103M | 10.9% | $329K |
| High-net-worth individuals | 168 | $479M | 50.8% | $2.85M |
| Pension and profit-sharing plans | 48 | $336M | 35.7% | $7.01M |
| Charitable organizations | Fewer than 5 | $1.02M | 0.1% | — |
| State or municipal government entities | Fewer than 5 | $23M | 2.4% | — |
| Total | 528 | $942M | 100% | — |
- Clients
- 312
- Regulatory AUM
- $103M
- AUM share
- 10.9%
- Avg. per client
- $329K
- Clients
- 168
- Regulatory AUM
- $479M
- AUM share
- 50.8%
- Avg. per client
- $2.85M
- Clients
- 48
- Regulatory AUM
- $336M
- AUM share
- 35.7%
- Avg. per client
- $7.01M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.02M
- AUM share
- 0.1%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $23M
- AUM share
- 2.4%
- Avg. per client
- —
Total
- Clients
- 528
- Regulatory AUM
- $942M
- AUM share
- 100%
- Avg. per client
- —
- 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
- 1–10
Disciplined Investors charges 0.40%–0.85% a year for its Investment management services. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$500K | 0.85% |
| $500K–$1M | 0.70% |
| $1M–$2M | 0.60% |
| $2M–$3M | 0.50% |
| $3M and above | 0.40% |
Fee details and sources
Other fees
- Investment advice and consultation
- Investment advice and consultation are charged hourly at $150 to $300, as negotiated with the client.
Todd Stoner owns 50% to 75% of Disciplined Investors. The leadership team of Disciplined Investors includes Chief Compliance Officer Todd Stoner. It has 8 employees.
Staff
- 8 employees
- 8 in advisory functions
- 8 state-registered reps
- Owns 50% to 75% of Disciplined Investors, L.L.C.
Todd Stoner
Control person · since October 1998
- Owns 50% to 75% of Disciplined Investors, L.L.C.
Russell Livesay
Control person · since December 2010
Disciplined Investors’ regulatory assets grew 2.5× from $375M (April 2021) to $942M (March 2026); clients rose from 355 to 528 and employees from 5 to 8.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $942M | 528 | 8 | 1 |
| Jun 2025June 2025 | $702M | 500 | 8 | 1 |
| Mar 2024March 2024 | $577M | 436 | 7 | 1 |
| Mar 2023March 2023 | $458M | 424 | 6 | 1 |
| Mar 2022March 2022 | $495M | 397 | 5 | 1 |
| Apr 2021April 2021 | $375M | 355 | 5 | 1 |
Besides its headquarters, Disciplined Investors has 0 offices, with 1 listed address in 1 state.
Texas · 1 listed address
- 100 North 6th Street, Suite 500, WacoHQ
Contact and registration details
- Legal name
- Disciplined Investors, L.L.C.
- Headquarters
- 100 North 6th Street, Suite 500, Waco, TX 76701
- Website
- dinvestors.com
- Phone
- 254-265-7410
- @disciplined-investors-llc
- SEC file
- 801-67768
- Structure
- Texas LLC
- Fiscal year end
- December
Disciplined Investors’ named custodians for separately managed accounts are Charles Schwab ($501M, 74%) and Empower ($173M, 26%). Disciplined Investors has custody of $172M for 353 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $501M74%
- EmpowerEmpower Financial Services, Inc. · Greenwood Village, CO · $173M26%
At year end, Disciplined Investors’ separately managed accounts were largely in funds (42%) and stocks (31%). Its reported 13F holdings for the quarter ended 30 June 2026 total $200M across 145 positions; the largest are iShares TR (7.1%), Vanguard Index Fds (6.9%) and Schwab Strategic TR (4.7%).
What the accounts hold
- Stocks31%
- Funds42%
- Bonds1%
- Cash11%
- Other15%
- Alternative investments15%
How many clients does Disciplined Investors have?
Disciplined Investors has 528 clients and manages $942 million for them, as of March 2026. They include 312 individual clients, 168 high-net-worth individuals, and 48 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 23 March 2026
What services does Disciplined Investors offer?
Disciplined Investors provides financial planning, portfolio management for individuals and small businesses, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Disciplined Investors charge?
Disciplined Investors charges 0.40%–0.85% a year for its Investment management services. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable.
Which custodians does Disciplined Investors use?
Disciplined Investors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $501M and Empower Financial Services, Inc. (Greenwood Village, CO), with $173M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 23 March 2026
How many financial advisors does Disciplined Investors have?
Disciplined Investors has 8 investment adviser representatives registered with state securities authorities, out of 8 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 Disciplined Investors invest in?
At the end of its last fiscal year, Disciplined Investors’ separately managed accounts held 42% registered funds (mutual funds, ETFs, BDCs), 31% exchange-traded equities, 15% other, 11% cash and equivalents and 1% state and local bonds. The 15% other category is described as: Alternative Investments.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Disciplined Investors?
Disciplined Investors’ direct owners are Todd Stoner (50% to 75%) and Russell Livesay (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 23 March 2026
How does Disciplined Investors get paid?
Disciplined Investors 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
How do I contact Disciplined Investors?
Disciplined Investors’ main office is at 100 North 6th Street, Suite 500, Waco, TX 76701. Its phone number is 254-265-7410. Its website is dinvestors.com.
