SEC-registered wealth management firm Broker-dealer affiliated
Valic Financial Advisors, Inc.
As of its Form ADV filed May 13, 2026, Valic Financial Advisors, Inc., an SEC-registered, broker-dealer affiliated wealth management firm in Houston, Texas, reported $29.2 billion in regulatory assets under management across 293,026 accounts, ranking #3 among all wealth firms in Texas by assets.
Registration
- Registration
- SEC-registered, Approved
- CRD number
- 42803
- SEC file number
- 801-54952
- Registered since
- October 10, 1997
- Latest Form ADV filing
- May 13, 2026
- Organized as
- Corporation
- Fiscal year ends
- December
- Other offices
- 217
Key figures
- Regulatory assets under management
- $29.2 billion
- Discretionary
- $29.2 billion (100.0%)
- Non-discretionary
- $0
- Accounts
- 293,026 (293,026 discretionary)
- Clients
- 293,064, approximate as reported
- Employees
- 1,647
- Advisory staff
- 1,280 performing investment advisory functions
- Average account
- $99,701
- Asset growth, 1 year
- 10.8% (from $26.4 billion a year earlier)
- Asset growth, 3-year annual rate
- 8.0% (from $23.2 billion three years earlier)
- Asset growth, 5-year annual rate
- 4.6% (from $23.3 billion five years earlier)
- Client growth, 1 year
- -0.3% (from 294,011)
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 | $7.9 billion |
| October 3, 2011 | $9.4 billion |
| October 1, 2012 | $9.5 billion |
| October 1, 2013 | $12.3 billion |
| October 1, 2014 | $14.2 billion |
| October 1, 2015 | $21.7 billion |
| October 3, 2016 | $22.7 billion |
| October 2, 2017 | $24.7 billion |
| October 1, 2018 | $19.0 billion |
| October 1, 2019 | $17.6 billion |
| October 1, 2020 | $21.1 billion |
| October 4, 2021 | $23.3 billion |
| October 3, 2022 | $26.9 billion |
| October 5, 2023 | $23.2 billion |
| October 1, 2024 | $25.2 billion |
| September 2, 2025 | $26.4 billion |
| October 2, 2026 | $29.2 billion |
Clients and services
Client mix
| Measure | Bar | RAUM |
|---|---|---|
| Individuals (other than high net worth) 291,076 clients | $26.4 billion | |
| High net worth individuals 1,913 clients | $2.8 billion | |
| Corporations or other businesses 37 clients | $9.7 million |
How the firm is paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Advisory services
- Financial planning
- Portfolio management for individuals or small businesses
- Selection of other advisers
- Other
Financial planning clients (Item 5.H): 11-25.
Wrap fee program sponsor or portfolio manager: yes.
Other business, affiliations and custody
Other business activities (Item 6.A)
- Broker-dealer
Financial industry affiliations (Item 7.A)
- Broker-dealer
- Other investment adviser
- Commodity pool operator or commodity trading advisor
- Trust company
- Insurance company or agency
- Real estate broker, dealer or agent
- Sponsor or syndicator of limited partnerships
- Sponsor, general partner or managing member of pooled investment vehicles
Custody (Item 9)
The firm reported no custody of client cash or securities.
Investment adviser representatives
- IARs registered with the firm
- 1,255
- Also registered through a broker-dealer
- 1,253
- Employees who are IARs (Form ADV 5.B(3))
- 1,280
Designations held by the firm's IARs: CFP 124, ChFC 25, CFA 3, PFS 1.
Between 596 and 1,255 of the firm's 1,255 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 17 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 |
|---|---|---|
| United Capital Financial Advisors | Irving | $24.6 billion |
| First Command Advisory Services | Fort Worth | $24.4 billion |
| Prospera Financial Services, Inc. | Dallas | $14.4 billion |
| Kestra Private Wealth Services, LLC | Austin | $13.5 billion |
| Sarofim Trust Co | Houston | $13.0 billion |
The five wealth firms, broker-dealer affiliated firms included, nearest in regulatory assets with a main office in the same state.
Elsewhere
- Valic Financial Advisors, Inc. on IAPD: Form ADV, brochures and disclosure detail.
- Firm website: www.valic.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.