Icon Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, selecting other managers, and insurance. Financial planning was provided to 26–50 clients last fiscal year.
Icon Wealth Advisors reports 629 clients. They include 341 high-net-worth individuals, 276 individual clients and 6 charitable organizations. Of its assets, 100.0% ($2.58B across 4,150 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 44% | 4% |
| High-net-worth individuals | 54% | 93% |
| Charitable organizations | <1% | 2% |
| Corporations and other businesses | <1% | 1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 276 | $103M | 4.0% | $374K |
| High-net-worth individuals | 341 | $2.4B | 92.9% | $7.02M |
| Charitable organizations | 6 | $48.2M | 1.9% | $8.03M |
| Corporations and other businesses | 6 | $30.8M | 1.2% | $5.13M |
| Total | 629 | $2.58B | 100% | $4.1M |
- Clients
- 276
- Regulatory AUM
- $103M
- AUM share
- 4.0%
- Avg. per client
- $374K
- Clients
- 341
- Regulatory AUM
- $2.4B
- AUM share
- 92.9%
- Avg. per client
- $7.02M
- Clients
- 6
- Regulatory AUM
- $48.2M
- AUM share
- 1.9%
- Avg. per client
- $8.03M
- Clients
- 6
- Regulatory AUM
- $30.8M
- AUM share
- 1.2%
- Avg. per client
- $5.13M
Total
- Clients
- 629
- Regulatory AUM
- $2.58B
- AUM share
- 100%
- Avg. per client
- $4.1M
- 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
- 26–50
Icon Wealth Advisors charges up to 1.75% a year for its Investment Advisory Fee. The fee is billed in advance and is negotiable.
Fee details and sources
Focus Operating, LLC owns 75% or more of Icon Wealth Advisors and is in turn owned by Focus Financial Partners, LLC (75% or more). The leadership team of Icon Wealth Advisors includes Chief Compliance Officer Adam Reback. It has 22 employees, 15 of them in advisory roles.
Leadership
- Adam RebackChief Compliance Officer
- Mark McAdamsFounder and Managing Partner
- Brooks McGeeManaging Partner
- James PavlikManaging Partner
- Blake PratzFounder and Managing Partner
- Stephen SchwarzbachFounder and Managing Partner
Investment adviser representatives
18 representatives listed in the SEC register as of 9 October 2026.
- Kyle Reid Bruchmiller
- Michael Joseph Cregan
- Maria Paula De Lima Velez
- Patrick Scott Incerto
- Mark Baker McAdams
- Rachel Christine McColl
- Brooks Harper McGee
- Allison Kristine McKibbon
- Ricardo Mihaly
- Jennifer Marie Moore
- Steven Michael Novotny
- Brando Palazzo-Giorgio
- James Alan Pavlik
- Blake Andrew Pratz
- Daniel Ross Schmieder
- Stephen Thomas Schwarzbach
- John Craig Taylor
- Jack Wayne Wiesen
Staff
- 22 employees
- 15 in advisory functions
- 15 state-registered reps
- 8 broker-dealer reps
- 2 insurance agents
- Owns 75% or more of Icon Wealth Advisors, LLC
Focus Operating, LLC
Control person · since March 2022
- Owns 75% or more of Focus Operating, LLC
Focus Financial Partners, LLC
Control person · since January 2007
- Owns 75% or more of Focus Financial Partners, LLC
Focus Financial Partners Inc.
Control person · since July 2018
- Owns 75% or more of Focus Financial Partners Inc.
Ferdinand FFP Acquisition, LLC
Control person · since August 2023
- Owns 75% or more of Ferdinand FFP Acquisition, LLC
Ferdinand FFP Intermediate Holdings, LLC
Control person · since August 2023
- Owns 75% or more of Ferdinand FFP Intermediate Holdings, LLC
Ferdinand FFP Parent, Inc.
Control person · since August 2023
- Owns 75% or more of Focus Financial Partners Inc.
Ferdinand FFP Ultimate Holdings, LP
Control person · since August 2023
- Owns 50% to 75% of Ferdinand FFP Ultimate Holdings, LP
CD&R Ferdinand Holdings, L.P.
Control person · since August 2023
- Owns 50% to 75% of CD&R Ferdinand Holdings, L.P.
Clayton, Dubilier & Rice Fund Xii, L.P.
Control person · since August 2023
- Owns 25% to 50% of CD&R Ferdinand Holdings, L.P.
CD&R Ferdinand Co-Investor, L.P.
Control person · since August 2023
Icon Wealth Advisors’ regulatory assets grew Infinity× from $0 (May 2022) to $2.58B (April 2026); employees rose from 18 to 22.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| April 2026 | $2.58B | 629 | 22 | 2 |
| March 2025 | $2.25B | 573 | 22 | 2 |
| April 2024 | $1.91B | 503 | 21 | 2 |
| June 2023 | $1.75B | 496 | 19 | 1 |
| May 2022 | $0 | 0 | 18 | 1 |
Besides its headquarters, Icon Wealth Advisors has 1 office (1 private residence, listed without an address), with 1 listed address in Texas.
Texas · 1 listed address
- 1980 Post Oak Boulevard, Suite 1300, HoustonHQ
Contact and registration details
- Legal name
- Icon Wealth Advisors, LLC
- Headquarters
- 1980 Post Oak Boulevard, Suite 1300, Houston, TX 77056
- Website
- iconwp.com
- Phone
- 713-904-5020
- @16197639
- SEC file
- 801-125893
- Founded
- 2016
- Structure
- Delaware LLC
- Fiscal year end
- December
Icon Wealth Advisors uses Fidelity ($2.56B) as custodian for its separately managed accounts. Icon Wealth Advisors has custody of $490M in client assets for 244 clients.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $2.56B100%
At year end, Icon Wealth Advisors’ separately managed accounts were largely in funds (44%) and stocks (29%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.66B across 420 positions; the largest are iShares Core S&P 500 ETF (11.7%), iShares U.S. Equity Factor Rotation Active ETF (4.1%) and iShares Core Total Usd Bond Market ETF (4.0%).
What the accounts hold
- Stocks29%
- Funds44%
- Registered funds38%
- Pooled vehicles6%
- Bonds21%
- State and local bonds15%
- U.S. government and agency bonds4%
- Investment grade corporate bonds1%
- High-yield corporate bonds1%
- Cash7%
- Other2%
- Derivatives1%
- Secure notes1%
Reported 13F holdings
- $1.66B
- Reported 13F value
- 420
- Positions
- 37.9%
- In the 10 largest
- +7.8%
- Value vs. prior quarter
- iShares Core S&P 500 ETFETF11.7%
- iShares U.S. Equity Factor Rotation Active ETFETF4.1%
- iShares Core Total Usd Bond Market ETFETF4.0%
- iShares S&P 500 Growth ETFETF3.9%
- iShares S&P 500 Value ETFETF3.2%
- iShares Core MSCI Emerging Markets ETFETF2.6%
- Apple Inc.2.3%
- iShares MSCI Eafe Growth ETFETF2.3%
- Nvidia Corporation2.0%
- iShares A.i. Innovation And Tech Active ETFETF1.9%
Together, the ten largest are 37.9% of reported value.
How many clients does Icon Wealth Advisors have?
Icon Wealth Advisors has 629 clients and manages $2.58 billion for them, as of April 2026. They include 341 high-net-worth individuals, 276 individual clients and 6 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 9 April 2026
What services does Icon Wealth Advisors offer?
Icon Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, selecting other managers, and insurance.
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 Icon Wealth Advisors charge?
Icon Wealth Advisors charges up to 1.75% a year for its Investment Advisory Fee. The fee is billed in advance and is negotiable.
Which custodians does Icon Wealth Advisors use?
Icon Wealth Advisors’ separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $2.56B. 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 April 2026
How many financial advisors does Icon Wealth Advisors have?
Icon Wealth Advisors has 15 investment adviser representatives registered with state securities authorities, out of 22 employees, and 15 perform investment advisory functions. 8 employees are registered representatives of a broker-dealer and 2 employees are 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 Icon Wealth Advisors invest in?
At the end of its last fiscal year, Icon Wealth Advisors’ separately managed accounts held 38% registered funds (mutual funds, ETFs, BDCs), 29% exchange-traded equities, 15% state and local bonds, 7% cash and equivalents, 6% pooled vehicles (private funds and similar), 4% U.S. government and agency bonds, 1% investment grade corporate bonds, 1% high-yield corporate bonds, 1% derivatives and 1% other. The 1% other category is described as: Secure Notes.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Icon Wealth Advisors?
Icon Wealth Advisors is owned through a chain of holding companies by Ferdinand FFP Parent, Inc., CD&R Ferdinand Co-Investor, L.P. and Clayton, Dubilier & Rice Fund Xii, L.P. Its direct owner is Focus Operating, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 9 April 2026
How does Icon Wealth Advisors get paid?
Icon Wealth Advisors is paid through a percentage of assets under management and other compensation. 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 Icon Wealth Advisors registered with the SEC?
Yes, Icon Wealth Advisors has been registered with the SEC as an investment adviser since 21 June 2022. Its CRD number is 319609 and its SEC file number is 801-125893.
Source: Form ADV Part 1A, Item 1, filed 9 April 2026; IAPD firm record
How do I contact Icon Wealth Advisors?
Icon Wealth Advisors’ main office is at 1980 Post Oak Boulevard, Suite 1300, Houston, TX 77056. Its phone number is 713-904-5020. Its website is iconwp.com.