SEC-registered wealth management firm Broker-dealer affiliated
Momentum Independent Network Inc.
As of its Form ADV filed August 11, 2026, Momentum Independent Network Inc., an SEC-registered, broker-dealer affiliated wealth management firm in Dallas, Texas, reported $1.6 billion in regulatory assets under management across 4,721 accounts, ranking #63 among all wealth firms in Texas by assets.
Registration
- Registration
- SEC-registered, Approved
- CRD number
- 17587
- SEC file number
- 801-60812
- Registered since
- January 18, 2002
- Latest Form ADV filing
- August 11, 2026
- Organized as
- Corporation
- Fiscal year ends
- December
- Other offices
- 124
Key figures
- Regulatory assets under management
- $1.6 billion
- Discretionary
- $1.0 billion (62.5%)
- Non-discretionary
- $603.1 million
- Accounts
- 4,721 (3,019 discretionary)
- Clients
- 2,894, approximate as reported
- Employees
- 97
- Advisory staff
- 97 performing investment advisory functions
- Average account
- $340,918
- Asset growth, 1 year
- 20.3% (from $1.3 billion a year earlier)
- Asset growth, 3-year annual rate
- 25.0% (from $824.5 million three years earlier)
- Asset growth, 5-year annual rate
- 20.0% (from $647.5 million five years earlier)
- Client growth, 1 year
- 49.9% (from 1,931)
Broker-dealer affiliated. The firm is itself a broker-dealer as well as an investment adviser (Form ADV Item 6.A(1)). It is ranked among all wealth firms, the directory's view that includes wirehouses and broker-dealer firms, not in the main lists of independent RIAs. How firms are classed.
Growth rates come from the SEC's yearly snapshots and are left blank when the years are not comparable.
Rankings
Among all wealth firms, including wirehouses and broker-dealer firms.
Assets over time
Data table
| As of | RAUM |
|---|---|
| October 1, 2010 | $129.5 million |
| October 3, 2011 | $162.2 million |
| October 1, 2012 | $183.6 million |
| October 1, 2013 | $225.8 million |
| October 1, 2014 | $304.2 million |
| October 1, 2015 | $283.5 million |
| October 3, 2016 | $244.6 million |
| October 2, 2017 | $279.5 million |
| October 1, 2018 | $402.3 million |
| October 1, 2019 | $421.4 million |
| October 1, 2020 | $548.8 million |
| October 4, 2021 | $647.5 million |
| October 3, 2022 | $863.5 million |
| October 5, 2023 | $824.5 million |
| October 1, 2024 | $1.1 billion |
| September 2, 2025 | $1.3 billion |
| October 2, 2026 | $1.6 billion |
Clients and services
Client mix
| Measure | Bar | RAUM |
|---|---|---|
| High net worth individuals 408 clients | $854.8 million | |
| Individuals (other than high net worth) 2,409 clients | $703.2 million | |
| Corporations or other businesses 33 clients | $32.6 million | |
| Pension and profit sharing plans 21 clients | $11.1 million | |
| Charitable organizations 8 clients | $7.7 million |
How the firm is paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
- Other
Advisory services
- Financial planning
- Portfolio management for individuals or small businesses
- Selection of other advisers
- Publication of periodicals or newsletters
- Educational seminars or workshops
Financial planning clients (Item 5.H): 26-50.
Wrap fee program sponsor or portfolio manager: yes.
Other business, affiliations and custody
Other business activities (Item 6.A)
- Broker-dealer
- Insurance broker or agent
Financial industry affiliations (Item 7.A)
- Broker-dealer
- Other investment adviser
- Municipal advisor
- Commodity pool operator or commodity trading advisor
- Banking or thrift institution
- Insurance company or agency
Custody (Item 9)
The firm reported no custody of client cash or securities.
Investment adviser representatives
- IARs registered with the firm
- 125
- Also registered through a broker-dealer
- 125
- Employees who are IARs (Form ADV 5.B(3))
- 97
Designations held by the firm's IARs: CFP 17, CFA 4, ChFC 2, PFS 2.
Between 36 and 125 of the firm's 125 IARs are registered in jurisdictions that require IAR CE. The source counts registrations by jurisdiction, and many IARs are registered in more than one, so the exact number is not knowable from it. IAR CE requirements by state.
Counts only. AdvisorIQ does not list individual people.
Disclosures
On Form ADV Item 11 the firm answered yes to 10 disclosure questions. See the detail on IAPD.
Succession and acquired firms
On Form ADV Item 4 the firm did not report succeeding to another adviser's business.
Similar-sized firms in Texas
| Firm | City | RAUM |
|---|---|---|
| Tanglewood Total Wealth Management, Inc. | Houston | $1.6 billion |
| Summa Corp. | The Woodlands | $1.6 billion |
| Astra Wealth Management Group | Plano | $1.6 billion |
| Per Stirling Capital Management, LLC | Austin | $1.6 billion |
| Annandale Capital, LLC | Dallas | $1.6 billion |
The five wealth firms, broker-dealer affiliated firms included, nearest in regulatory assets with a main office in the same state.
Elsewhere
- Momentum Independent Network Inc. on IAPD: Form ADV, brochures and disclosure detail.
- Firm website: www.jameseshafer.com
- Wealth management firms in Texas
Firm data as of October 2, 2026, from ia100226.zip. Figures are as the firm reported them; corrections are made on Form ADV and appear after the next monthly reload.
Data as of October 2, 2026, from Form ADV. Sources: SEC registered adviser data (ia100226.zip) and IAPD compilation reports. How the directory is built.