{"url":"https://nivawealth.com/firms/high-plains-investment-advisors-114404","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/114404","regulatoryAum":191167024,"crd":"114404","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"3106624","suffix":null,"lastName":"MACK","firstName":"TIMOTHY","middleName":"DREW"},{"crd":"5646938","suffix":null,"lastName":"PRUITT","firstName":"BRAD","middleName":"ALEXANDER"}],"total":2,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2023-07-17","regulatoryAum":124988000,"clients":130,"employees":3,"offices":1},{"filedOn":"2024-02-19","regulatoryAum":146717293,"clients":134,"employees":2,"offices":1},{"filedOn":"2025-02-03","regulatoryAum":159229318,"clients":142,"employees":2,"offices":1},{"filedOn":"2026-02-09","regulatoryAum":191167024,"clients":137,"employees":2,"offices":1}],"secFileNumber":"801-126221","legalName":"High Plains Investment Advisors, Inc.","displayName":"High Plains Investment Advisors","slug":"high-plains-investment-advisors-114404","website":"https://hptxadvisors.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Texas corporation","fiscalYearEnd":"December","headquarters":{"street":"7021 Kewanee Ave., Suite 5-102","city":"Lubbock","state":"TX","stateName":"Texas","country":"United States","postalCode":"79424"},"tradeNames":["High Plains Advisors"],"registration":{"secApproved":"22 September 2022","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":815497.3203125,"staff":{"employees":2,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":191167024,"discretionary":191167024,"discretionaryAccounts":415,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":1},"clientTypes":[{"label":"Individuals (other than HNW)","clients":103,"regulatoryAum":28906920},{"label":"High-net-worth individuals","clients":25,"regulatoryAum":75476737},{"label":"Charitable organizations","clients":9,"regulatoryAum":86783367}],"feePrograms":[{"role":"main","program":"Investment 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2","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1007631","versionId":1007631,"submittedOn":"2026-02-09"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":189343295}],"custodyNote":"High Plains Investment Advisors does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Timothy Mack","title":"President and Chief Compliance Officer","crd":"3106624"},{"name":"Brad Pruitt","title":"Vice President","crd":"5646938"}],"ownership":[{"label":"Timothy Mack","detail":"President and chief compliance officer in the 75% or more ownership band and a control person, since May 1998."},{"label":"Brad Pruitt","detail":"Vice president in the 10% to 25% ownership band and a control person, since January 2013."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Texas","offices":1,"addresses":[{"street":"7021 Kewanee Ave., Suite 5-102","city":"Lubbock","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"806-793-7934","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients","Educational seminars/workshops","Other"],"financialPlanningClients":"26-50","assetMix":[{"label":"Exchange-traded equity securities","percent":3},{"label":"U.S. government/agency bonds","percent":2},{"label":"Securities issued by registered investment companies or business development companies","percent":92},{"label":"Cash and cash equivalents","percent":3}],"privateFunds":0},"sources":{"adv1FilingDate":"9 February 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/114404/PDF/114404.pdf","brochureDate":"9 February 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1007631","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does High Plains Investment Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does High Plains Investment Advisors offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does High Plains Investment Advisors charge?","answer":"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.","source":"FORM ADV PART 2, filed 9 February 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does High Plains Investment Advisors use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does High Plains Investment Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does High Plains Investment Advisors invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns High Plains Investment Advisors?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does High Plains Investment Advisors get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact High Plains Investment Advisors?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 9 February 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}