SEC-registered wealth management firm Broker-dealer affiliated
Hilltop Securities Inc.
As of its Form ADV filed August 11, 2026, Hilltop Securities Inc., an SEC-registered, broker-dealer affiliated wealth management firm in Dallas, Texas, reported $2.5 billion in regulatory assets under management across 5,592 accounts, ranking #36 among all wealth firms in Texas by assets.
Registration
- Registration
- SEC-registered, Approved
- CRD number
- 6220
- SEC file number
- 801-55529
- Registered since
- June 10, 1998
- Latest Form ADV filing
- August 11, 2026
- Organized as
- Corporation
- Fiscal year ends
- December
- Other offices
- 18
Key figures
- Regulatory assets under management
- $2.5 billion
- Discretionary
- $1.8 billion (71.7%)
- Non-discretionary
- $710.3 million
- Accounts
- 5,592 (4,132 discretionary)
- Clients
- 3,407, approximate as reported
- Employees
- 92
- Advisory staff
- 92 performing investment advisory functions
- Average account
- $448,412
- Asset growth, 1 year
- 11.2% (from $2.3 billion a year earlier)
- Asset growth, 3-year annual rate
- 13.2% (from $1.7 billion three years earlier)
- Asset growth, 5-year annual rate
- 6.9% (from $1.8 billion five years earlier)
- Client growth, 1 year
- 52.0% (from 2,241)
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 | $437.1 million |
| October 3, 2011 | $594.7 million |
| October 1, 2012 | $652.0 million |
| October 1, 2013 | $958.7 million |
| October 1, 2014 | $1.1 billion |
| October 1, 2015 | $1.0 billion |
| October 3, 2016 | $927.2 million |
| October 2, 2017 | $918.1 million |
| October 1, 2018 | $1.1 billion |
| October 1, 2019 | $1.1 billion |
| October 1, 2020 | $1.4 billion |
| October 4, 2021 | $1.8 billion |
| October 3, 2022 | $2.0 billion |
| October 5, 2023 | $1.7 billion |
| October 1, 2024 | $1.9 billion |
| September 2, 2025 | $2.3 billion |
| October 2, 2026 | $2.5 billion |
Clients and services
Client mix
| Measure | Bar | RAUM |
|---|---|---|
| High net worth individuals 599 clients | $1.4 billion | |
| Individuals (other than high net worth) 2,736 clients | $829.5 million | |
| Corporations or other businesses 49 clients | $125.5 million | |
| State or municipal government entities 5 clients | $73.0 million | |
| Charitable organizations 11 clients | $27.7 million | |
| Pension and profit sharing plans 7 clients | $19.2 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
- Pension consulting
- 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
- Commodity pool operator or commodity trading advisor
- Insurance broker or agent
- Registered municipal advisor
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 custody of client cash or securities, $2.5 billion in total.
Investment adviser representatives
- IARs registered with the firm
- 166
- Also registered through a broker-dealer
- 164
- Employees who are IARs (Form ADV 5.B(3))
- 92
Designations held by the firm's IARs: CFP 10, CFA 1.
Between 61 and 166 of the firm's 166 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 11 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 |
|---|---|---|
| Sunbelt Securities | Houston | $2.6 billion |
| Icon Wealth Partners | Houston | $2.6 billion |
| Warwick Partners | Bryan | $2.5 billion |
| Oxbow Advisors, LLC | Austin | $2.5 billion |
| Requisite Capital Management LLC | Dallas | $2.4 billion |
The five wealth firms, broker-dealer affiliated firms included, nearest in regulatory assets with a main office in the same state.
Elsewhere
- Hilltop Securities Inc. on IAPD: Form ADV, brochures and disclosure detail.
- Firm website: www.hilltopsecurities.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.