OpenAir Advisers

What OpenAir Advisers does

OpenAir Advisers is an independent, fee-based Registered Investment Adviser (RIA) headquartered in Southlake, Texas, serving individual pre-retirees and retirees across the Dallas-Fort Worth Metroplex and Utah. Founded in 2019, the firm delivers comprehensive wealth management through OpenAir Financial, LLC (SEC-registered RIA) and OpenAir Advisory, LLC (insurance affiliate), offering an integrated suite of tax planning, investment management, estate planning, risk management, and trustee services under a single fee with no hidden charges. The firm emphasizes a fiduciary standard, transparent pricing, and personalized client communication across multiple channels including in-person consultations, a client portal, mobile app, live webinars, and a weekly CBS Channel 11 television program ("Retire With Clarity").

The underlying platform is built on conventional third-party RIA infrastructure: client assets are custodied at TD Ameritrade, account access is enabled through Charles Schwab Alliance, and the client-facing dashboard is powered by Orion Advisor, supporting performance reporting and external account aggregation. Investment management leverages institutional-level research with tax loss harvesting and bias-reduction portfolio strategies. Trustee Services extends the platform into personal trust administration, custody, and specialty asset management for illiquid holdings including real estate, mineral rights, and oil & gas — a differentiator for Texas-region clients with energy and land assets.

The business model is a recurring, fee-based advisory engagement acquired through consultative sales (complimentary 15-minute introductions leading to comprehensive financial assessments), supported by content marketing, media appearances, and a referral program. With 1-10 stated employees (12 named professionals in management disclosures) and four physical offices, the firm is sub-scale relative to national RIAs but pursues brand-led regional growth through TV, media, and educational content rather than institutional capital.

Name

OpenAir Advisers

Legal name

OpenAir Financial, LLC

Website

https://openairadvisers.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

OpenAir Advisers is an independent, fee-based SEC-registered RIA in Southlake, Texas, delivering integrated tax, investment, estate, risk, and trustee services to pre-retirees and retirees across the Dallas-Fort Worth Metroplex and Utah through four offices and a recurring CBS television program.

Ownership category

akta.pro rank

Product category

Wealth Management & Financial Advisory Services

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Insurance Agencies and Brokerages (52421)

SIC

Investment Advice (6282), Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Fee-Based Advisory (FSAEAAAM)

akta.pro secondary industries

Registered Investment Advisor (RIA) Wealth Management (FSAEABAA), Insurance-Integrated Wealth Managers (RIA + Insurance Solutions) (FSAAACAI), Advisory Portfolio Management (Non-Discretionary) (FSAAABAD)

Keywords

• Retirement planning services
• Investment management advisory
• Tax planning services
• Estate planning services
• Fiduciary wealth management

Headquarters

HQ city

Southlake

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Fee-Based Advisory Services: OpenAir Advisers operates on a fee-based model where one comprehensive fee covers all services provided. The firm emphasizes no hidden fees and positions itself as lower cost than comparative mutual fund portfolios. Advisory services are offered through OpenAir Financial, LLC (SEC Registered Investment Advisor) and insurance products through OpenAir Advisory, LLC.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

OpenAir Advisers provides fee-based fiduciary wealth management services to individuals and couples, with core offerings spanning tax planning, investment management, estate planning, and risk management. The firm additionally delivers trustee services covering personal trust administration, custody services, and specialty asset management for assets such as real estate, mineral rights, and oil & gas. All advisory services are delivered through OpenAir Financial, LLC, an SEC Registered Investment Advisor, with insurance products offered through affiliated OpenAir Advisory, LLC.

Product overview

OpenAir Advisers is an independent, sustainable wealth management firm offering a comprehensive suite of financial services through a unified advisory platform. The core offerings include Tax Planning, Investment Management, Estate Planning, Risk Management, and Trustee Services, supported by a Client Portal for digital access. The firm also provides educational media programs including the Retire With Clarity TV show and live webinars. All services are delivered through a fee-based fiduciary approach with custody through TD Ameritrade and client access via Charles Schwab and Orion Advisor platforms.

Differentiator

Problem solved

Functional benefit

Products and services

• Tax Planning
• Investment Management
• Estate Planning
• Risk Management
• Trustee Services

Quantifiable outcome

• No hidden fees - investment costs stated to be significantly lower than comparative mutual fund portfolios

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• TD AmeritradecoreTechnology or IntegrationAll managed accounts are held in a separate custody account with TD Ameritrade, a highly rated national firm. TD Ameritrade provides custodial services for client investment accounts.
• Charles SchwabcoreTechnology or IntegrationCharles Schwab provides direct account access through Schwab Alliance platform for clients to access their accounts. Integration with client dashboard services.
• Orion AdvisorcoreTechnology or IntegrationOrion Advisor provides the client dashboard platform enabling wealth management access, performance reports, and external account aggregation for client use.

Scale indicators1 record

Recent moves6 records

Expansion highlights4 records

Direct peers

• Carson Group: RIA partnership platform supporting independent advisors with compliance, technology, and investment research. Comparable in targeting growth-oriented independent RIA firms serving HNW and retirement-age clients through a fee-based fiduciary model.
• Hightower Advisors: Independent RIA partnership serving HNW individuals and families with comprehensive wealth, tax, and estate planning. Directly comparable fee-based fiduciary offering, though Hightower operates through a national advisor partnership model.
• Commonwealth Financial Network: Independent RIA and broker-dealer network supporting thousands of advisors with practice management, custody, and investment research. Comparable target segment (mass-affluent and pre-retirees) and fee-based advisory model.
• Buckingham Strategic Wealth: Fee-only RIA focused on evidence-based financial planning, tax-efficient investing, and retirement income strategies. Highly comparable to OpenAir's retirement-planning focus, fiduciary model, and tax-loss-harvesting emphasis.
• Fisher Investments: Large fee-based investment manager serving HNW and pre-retiree/retiree clients with discretionary portfolio management. Comparable in serving the same retiree cohort with a fee-only model, though at materially greater scale.
• Mariner Wealth Advisors: Large independent RIA offering comprehensive wealth planning, tax, estate, and trustee services to HNW individuals and families. Directly comparable to OpenAir's full-service, fee-based fiduciary model, with a national footprint that sets the scale benchmark OpenAir aspires to.

Broad incumbents

• Creative Planning: One of the largest independent RIAs in the U.S., providing fee-only wealth management, tax, and estate planning. Comparable service architecture to OpenAir but at materially greater scale and broader national reach.
• Focus Financial Partners: PE-backed partnership of independent RIAs and wealth management firms. Relevant as a roll-up acquirer and benchmark for the capital-and-consolidation path that OpenAir has not pursued.
• Cetera Financial Group: Multi-channel wealth management holding company serving independent advisors and their clients through RIAs and broker-dealer channels. Comparable fiduciary wealth offering at much broader national scale.
• Edelman Financial Engines: National RIA combining advisor-led planning with a digital advice platform, with strong emphasis on retirement planning and 401(k) rollover capture. Overlaps with OpenAir's pre-retiree/retiree focus and one-fee transparent pricing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/openair-advisors

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OpenAir Advisers