CAIN, WATTERS & ASSOCIATES, LLC

RIASEC RegisteredEst. 1991

Total AUM

$5B

Discretionary

$2.4B

47% of AUM

Avg account

$415K

Accounts

12,138

Employees

341

Advisory reps

Firm details

Headquarters: FRISCO, Texas
CRD number: 111521
Registered since: September 30, 1991
Website: www.cainwatters.com
Custodians: CHARLES SCHWAB & CO., INC., T BANK
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI49.88%
Other41.63%
Individuals8.45%
Charitable Organizations0.04%
Services: Financial PlanningPortfolio Management for IndividualsSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Cain, Watters & Associates, LLC is a registered investment adviser formed as an LLC and operating since the early 1990s. The firm describes itself as a capital allocator serving both individual/family and institutional clients. Its advisory work encompasses financial planning, discretionary and non‑discretionary portfolio management for individuals and small businesses, selection and oversight of third‑party advisers, and client education through seminars and workshops. Cain, Watters also lists accounting among its business activities and maintains relationships across the financial services ecosystem, including broker‑dealers, banks, insurance companies, and roles as sponsor or manager of pooled investment vehicles. The firm charges a mix of percentage‑of‑AUM, hourly, and fixed fees depending on the engagement. It does not identify as an active ESG investor. Cain, Watters has appeared on Forbes’ RIA lists in both 2023 and 2024.