Richard P. Slaughter Associates provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, publishing newsletters, educational seminars, estate planning, insurance, and tax planning. Financial planning was provided to 251–500 clients last fiscal year.
Richard P. Slaughter Associates reports 457 clients. They include 250 high-net-worth individuals and 207 individual clients. Of its assets, 97.7% ($884M across 1,384 accounts) are managed with discretion; $20.8M across 180 accounts are not. It advised 2 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 45% | 10% |
| High-net-worth individuals | 55% | 89% |
| Charitable organizations | 0% | 1% |
| Insurance companies | 0% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 207 | $86.2M | 9.5% | $416K |
| High-net-worth individuals | 250 | $806M | 89.1% | $3.22M |
| Charitable organizations | Fewer than 5 | $11.7M | 1.3% | — |
| Insurance companies | Fewer than 5 | $1.23M | 0.1% | — |
| Total | 457 | $905M | 100% | — |
- Clients
- 207
- Regulatory AUM
- $86.2M
- AUM share
- 9.5%
- Avg. per client
- $416K
- Clients
- 250
- Regulatory AUM
- $806M
- AUM share
- 89.1%
- Avg. per client
- $3.22M
- Clients
- Fewer than 5
- Regulatory AUM
- $11.7M
- AUM share
- 1.3%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $1.23M
- AUM share
- 0.1%
- Avg. per client
- —
Total
- Clients
- 457
- Regulatory AUM
- $905M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 2
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
Richard P. Slaughter Associates charges 0.35%–1.25% a year for its Discretionary managed accounts. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and has a $12,500 annual minimum. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 1.25% |
| $1M–$2M | 1.00% |
| $2M–$5M | 0.75% |
| $5M–$10M | 0.65% |
| $10M–$20M | 0.55% |
| $20M–$40M | 0.45% |
| $40M and above | 0.35% |
Fee details and sources
Other fees
- Hourly consulting
- Hourly consulting is billed at $225 per hour plus expenses, with an up-front retainer of 50% of estimated work; fees are negotiable.
Richard P. Slaughter Holdings, LLC owns 75% or more of Richard P. Slaughter Associates. Darby Armont is CEO; the leadership team includes President James Sherrard, Chief Investment Officer Brooks Slaughter and Chief Operating Officer Ann Nowell. It has 14 employees, 12 of them in advisory roles.
Leadership
Darby ArmontChief Executive Officer
James SherrardExecutive Vice President of Investments- Ann NowellChief Operating Officer
Brooks SlaughterChief Investment Officer, Chief Compliance Officer
Investment adviser representatives
14 representatives listed in the SEC register as of 9 October 2026.
Staff
- 14 employees
- 12 in advisory functions
- 14 state-registered reps
- Owns 75% or more of Richard P. Slaughter Associates, Inc.
Richard P. Slaughter Holdings, LLC
Control person · since January 2022
- Owns 25% to 50% of Richard P. Slaughter Associates, Inc.
Brooks Slaughter
Control person · since July 2026
- Owns 5% to 10% of Richard P. Slaughter Associates, Inc.
Darby Armont
Control person · since July 2026
Richard P. Slaughter Associates’ regulatory assets fell from $955M (July 2021) to $905M (August 2026); clients were 457 in both filings and employees were 14 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| August 2026 | $905M | 457 | 14 | 1 |
| May 2025 | $864M | 512 | 15 | 1 |
| March 2024 | $797M | 515 | 14 | 1 |
| August 2023 | $730M | 508 | 11 | 1 |
| May 2022 | $755M | 473 | 11 | 1 |
| July 2021 | $955M | 467 | 14 | 1 |
Besides its headquarters, Richard P. Slaughter Associates has 0 offices, with 1 listed address in Texas.
Texas · 1 listed address
- 9600 North Mopac, Suite 600, AustinHQ
Contact and registration details
- Legal name
- Richard P. Slaughter Associates, Inc.
- Headquarters
- 9600 North Mopac, Suite 600, Austin, TX 78759
- Website
- rpswealthadvisors.com
- Phone
- 512-918-0000
- SEC file
- 801-55455
- Founded
- 1991
- Structure
- Texas corporation
- Fiscal year end
- December
Richard P. Slaughter Associates uses Charles Schwab ($867M) as custodian for its separately managed accounts. Richard P. Slaughter Associates does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $867M100%
At year end, Richard P. Slaughter Associates’ separately managed accounts were mostly in funds (78%) and stocks (10%). Its reported 13F holdings for the quarter ended 30 June 2026 total $510M across 106 positions; the largest are J P Morgan Exchange Traded F (12.8%), Fidelity Covington Trust (11.3%) and iShares TR (10.6%).
What the accounts hold
- Stocks10%
- Funds78%
- Cash3%
- Other9%
- Derivatives9%
Reported 13F holdings
- $510M
- Reported 13F value
- 106
- Positions
- 64.3%
- In the 10 largest
- +10.2%
- Value vs. prior quarter
- J P Morgan Exchange Traded F · Intrnl Res EQT12.8%
- Fidelity Covington Trust · Enh Mid Cor ETF11.3%
- iShares TR · Rus Tp200 VL ETF10.6%
- iShares TR · Rus Tp200 GR ETF7.5%
- Goldman Sachs ETF TR · Activebeta US4.3%
- Angel Oak Funds Trust · Oak Ultrashort4.1%
- Neos ETF Trust · Neos Enh Inc. 1-34.1%
- Global X Fds · Artificial ETF3.6%
- First TR Exchange-traded FD · Vest Lad Aut ETF3.0%
- iShares Inc. · Core MSCI Emkt3.0%
Together, the ten largest are 64.3% of reported value.
How many clients does Richard P. Slaughter Associates have?
Richard P. Slaughter Associates has 457 clients and manages $905 million for them, as of August 2026. They include 250 high-net-worth individuals and 207 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 August 2026
What services does Richard P. Slaughter Associates offer?
Richard P. Slaughter Associates provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, publishing newsletters, educational seminars, estate planning, insurance, 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 Richard P. Slaughter Associates charge?
Richard P. Slaughter Associates charges 0.35%–1.25% a year for its Discretionary managed accounts. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and has a $12,500 annual minimum.
Source: BROCHURE FOR RICHARD P SLAUGHTER ASSOCIATES, filed 27 August 2026
Which custodians does Richard P. Slaughter Associates use?
Richard P. Slaughter Associates’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $867M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 August 2026
How many financial advisors does Richard P. Slaughter Associates have?
Richard P. Slaughter Associates has 14 investment adviser representatives registered with state securities authorities, out of 14 employees, and 12 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 Richard P. Slaughter Associates invest in?
At the end of its last fiscal year, Richard P. Slaughter Associates’ separately managed accounts held 78% registered funds (mutual funds, ETFs, BDCs), 10% exchange-traded equities, 9% derivatives and 3% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Richard P. Slaughter Associates?
Richard P. Slaughter Associates’ direct owners are Brooks Slaughter (25% to 50%), Darby Armont (5% to 10%) and Richard P. Slaughter Holdings, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 27 August 2026
How does Richard P. Slaughter Associates get paid?
Richard P. Slaughter Associates is paid through a percentage of assets under management and hourly charges. 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 Richard P. Slaughter Associates?
Richard P. Slaughter Associates’ main office is at 9600 North Mopac, Suite 600, Austin, TX 78759. Its phone number is 512-918-0000. Its website is rpswealthadvisors.com.