High Plains Investment Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and educational seminars. Financial planning was provided to 26–50 clients last fiscal year.
High Plains Investment Advisors reports 137 clients. They include 103 individual clients, 25 high-net-worth individuals and 9 charitable organizations. Of its assets, 100.0% ($191M across 415 accounts) are managed with discretion. It advised 1 client without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 75% | 15% |
| High-net-worth individuals | 18% | 39% |
| Charitable organizations | 7% | 45% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 103 | $28.9M | 15.1% | $281K |
| High-net-worth individuals | 25 | $75.5M | 39.5% | $3.02M |
| Charitable organizations | 9 | $86.8M | 45.4% | $9.64M |
| Total | 137 | $191M | 100% | $1.4M |
- Clients
- 103
- Regulatory AUM
- $28.9M
- AUM share
- 15.1%
- Avg. per client
- $281K
- Clients
- 25
- Regulatory AUM
- $75.5M
- AUM share
- 39.5%
- Avg. per client
- $3.02M
- Clients
- 9
- Regulatory AUM
- $86.8M
- AUM share
- 45.4%
- Avg. per client
- $9.64M
Total
- Clients
- 137
- Regulatory AUM
- $191M
- AUM share
- 100%
- Avg. per client
- $1.4M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 26–50
High Plains Investment Advisors charges 0.65%–1.00% a year for its Investment management. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 1.00% |
| $1M and above | 0.65% |
Fee details and sources
Other fees
- Hourly services
- Other services are billed by the hour at up to $300 per hour, or as a negotiated flat fee for certain clients.
Timothy Mack owns 75% or more of High Plains Investment Advisors. The leadership team of High Plains Investment Advisors includes President Timothy Mack. It has 2 employees.
Leadership
Timothy MackPresident and Chief Compliance Officer
Brad PruittVice President
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of High Plains Investment Advisors, Inc.
Timothy Mack
Control person · since May 1998
- Owns 10% to 25% of High Plains Investment Advisors, Inc.
Brad Pruitt
Control person · since January 2013
High Plains Investment Advisors’ regulatory assets grew 1.5× from $125M (July 2023) to $191M (February 2026); clients rose from 130 to 137 and employees fell from 3 to 2.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| February 2026 | $191M | 137 | 2 | 1 |
| February 2025 | $159M | 142 | 2 | 1 |
| February 2024 | $147M | 134 | 2 | 1 |
| July 2023 | $125M | 130 | 3 | 1 |
Besides its headquarters, High Plains Investment Advisors has 0 offices, with 1 listed address in Texas.
Texas · 1 listed address
- 7021 Kewanee Ave., Suite 5-102, LubbockHQ
Other business names
High Plains Investment Advisors has reported 1 other business name to the SEC.
- High Plains Advisors
Contact and registration details
- Legal name
- High Plains Investment Advisors, Inc.
- Headquarters
- 7021 Kewanee Ave., Suite 5-102, Lubbock, TX 79424
- Website
- hptxadvisors.com
- Phone
- 806-793-7934
- SEC file
- 801-126221
- Structure
- Texas corporation
- Fiscal year end
- December
High Plains Investment Advisors uses Charles Schwab ($189M) as custodian for its separately managed accounts. High Plains Investment Advisors does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $189M100%
At year end, High Plains Investment Advisors’ separately managed accounts were mostly in funds (92%).
What the accounts hold
- Stocks3%
- Funds92%
- Bonds2%
- Cash3%
How many clients does High Plains Investment Advisors have?
High Plains Investment Advisors has 137 clients and manages $191 million for them, as of February 2026. They include 103 individual clients, 25 high-net-worth individuals and 9 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 9 February 2026
What services does High Plains Investment Advisors offer?
High Plains Investment Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does High Plains Investment Advisors charge?
High Plains Investment Advisors charges 0.65%–1.00% a year for its Investment management. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
Which custodians does High Plains Investment Advisors use?
High Plains Investment Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $189M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 9 February 2026
How many financial advisors does High Plains Investment Advisors have?
High Plains Investment Advisors has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 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 High Plains Investment Advisors invest in?
At the end of its last fiscal year, High Plains Investment Advisors’ separately managed accounts held 92% registered funds (mutual funds, ETFs, BDCs), 3% exchange-traded equities, 3% 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 High Plains Investment Advisors?
High Plains Investment Advisors’ direct owners are Timothy Mack (75% or more) and Brad Pruitt (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 9 February 2026
How does High Plains Investment Advisors get paid?
High Plains Investment Advisors 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 High Plains Investment Advisors?
High Plains Investment Advisors’ main office is at 7021 Kewanee Ave., Suite 5-102, Lubbock, TX 79424. Its phone number is 806-793-7934. Its website is hptxadvisors.com.