WICHITA FALLS, TXCRD 165094Latest ADV April 30, 2026
Mercantile Investment Advisors is an SEC registered investment adviser organized as a limited liability company with a primary office location in Wichita Falls, TX. Its latest Form ADV filing, dated April 30, 2026, reports $146M in regulatory assets under management, 3 employees, and 71 accounts.
Assets Under Management
$146M
Employees
3
Offices
--
Total Clients
71
Primary office
WICHITA FALLS, TX
901 INDIANA AVE, SUITE 450, WICHITA FALLS, TX, United States
Portfolio management for individuals and small businesses
Publication of periodicals or newsletters
Fee models offered
1 types reported
Asset based fees
Sources checked May 16, 2026
Client Coverage Demographics
Top client segmentIndividuals represent 59.2% of total clients.
Top client categories% of clientsClients
1
Individuals
59.2%
42
2
HNWI
39.4%
28
3
Charitable
1.4%
1
Regulatory Assets Under Management Breakdown
Total regulatory assets under management$146Mas of April 30, 2026
Discretionary100.0%
$146M
100% of total RAUM100.0%
Non-discretionary0.0%
$0
0% of total RAUM0.0%
All regulatory assets under management are discretionary.
Assets under management Growth by Quarter
Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.
Total AUM$146M
Total Accounts71
10Y AUM Change+$22M (+17.4%)
Employee Growth by Quarter
Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.
Total Employees3
Clients per Employee24:1
10Y Employee Change0 (0.0%)
* Metrics are based on the latest available data, including Form ADV filings, brochures, and relationship summaries pulled from the SEC IAPD, and may be subject to change. Learn what is included in the Rialytix data. Please refer to the firm's official disclosures for the most accurate information using their CRD number. This is not investment advice.