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Financial advisors · Kentucky

Fee-only financial advisors in Lexington, KY

From SEC and state Form ADV filingsUpdated 2026-11-07

21 fee-only investment advisers have offices in Lexington, Kentucky, according to their Form ADV filings with the SEC and state regulators. 14 offer hourly or flat-fee arrangements, 6 charge only a percentage of the assets they manage, and 14 provide financial planning. 13 are SEC-registered, which generally means at least $100 million under management; the rest are smaller state-registered practices. 1 firm reports disciplinary history and is listed last.

Data from Form ADV filings as of November 6, 2026. Listings are factual and unpaid. Default order puts firms offering financial planning first and high-volume platforms after advice practices; how ordering works.

Showing 21 of 21

Itrust Asset Management, LLC

3320 Tates Creek Road Suite 100, Lexington, KY 40502 · (859) 425-1222

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Financial planning
Assets managed
$212M
Individual clients
457
Advisory staff
3
Registered with
SEC

Profile · Website · SEC record

Ballast, Inc.

400 East Vine ST Suite 400, Lexington, KY 40507 · (859) 226-0625

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Financial planning
Assets managed
$752M
Individual clients
454
Advisory staff
8
Registered with
SEC

Profile · Website · SEC record

Moneywatch Advisors, Inc.

121 Walton Avenue, Lexington, KY 40508 · (859) 268-1117

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Financial planning
Assets managed
$330M
Individual clients
384
Advisory staff
3
Registered with
SEC

Profile · Website · SEC record

Invest Inc.

444 Lewis Hargett Circle, Ste 125, Lexington, KY 40503 · (859) 268-9200

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Financial planning
Assets managed
$165M
Individual clients
218
Advisory staff
5
Registered with
SEC

Profile · SEC record

Proactive Advisors, LLC

836 Euclid Ave. Suite 306, Lexington, KY 40502 · 859-263-1117 X222

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Financial planning
Assets managed
$57M
Individual clients
68
Advisory staff
2
Registered with
KY

Profile · Website · SEC record

Moneywise, Inc.

836 Euclid Avenue #318, Lexington, KY 40502 · (859) 266-3207

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Financial planning
Assets managed
$40M
Individual clients
49
Advisory staff
1
Registered with
KY

Profile · Website · SEC record

Blue Castle Wealth

1040 Monarch ST., 3rd Floor, Lexington, KY 40513 · (859) 440-1591

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Financial planning
Assets managed
$14M
Individual clients
13
Advisory staff
1
Registered with
KY

Profile · Website · SEC record

Asio Capital LLC

220 Lexington Green Circle Suite 420, Lexington, KY 40503 · (859) 785-4130

  • Percentage of assets
Assets managed
$805M
Individual clients
280
Advisory staff
6
Registered with
SEC

Profile · Website · SEC record

Russell Capital Management, LLC

476 E High ST, Lexington, KY 40507 · (859) 254-5225

  • Percentage of assets
  • Fixed fee
Assets managed
$275M
Individual clients
289
Advisory staff
4
Registered with
SEC

Profile · Website · SEC record

Reports disciplinary history. Read the details on the SEC record before engaging.

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Fee-only advisers near Lexington

Another 4 fee-only firms have offices within 30 miles.

How to choose between them

  1. Decide how you want to pay. Hourly and flat-fee planners suit people who want a plan and will implement it themselves. A percentage-of-assets fee buys ongoing investment management; on $1 million at 1% that is $10,000 a year, every year.
  2. Check the SEC record. Each listing links to the firm’s page on the SEC’s Investment Adviser Public Disclosure site, where you can read the Form ADV Part 2 brochure (fees, minimums, conflicts) and any disciplinary history.
  3. Ask who you will actually work with and what credentials they hold. The advisor versus consultant guide explains which titles are regulated and which are marketing.
  4. Ask about minimums. Form ADV Part 1 does not record account minimums, so they are not shown here. Many asset-based firms require $500,000 or more; hourly planners usually have none.
  5. Get the fee in writing before you sign, including fund expenses and any platform or custody charges on top.

Frequently asked questions

What does fee-only mean?

A fee-only adviser is paid only by its clients, through hourly charges, flat fees, subscriptions or a percentage of the assets it manages. It does not earn commissions on products it recommends. In this directory the label is applied from each firm’s own Form ADV: the firm reports no commission compensation, is not a broker-dealer or registered representative of one, does not act as an insurance agent, and reports no related broker-dealer or insurance agency.

How much does a fee-only financial adviser cost in Lexington?

Form ADV records how firms charge, not what they charge. Of the 21 firms listed here, 14 offer hourly or flat fees and 21 charge a percentage of assets. Each firm’s Form ADV Part 2 brochure, linked from its profile, gives its actual fee schedule. Nationally, asset-based fees commonly run around 1% a year on the first $1 million and fall above that.

How were these Lexington advisers selected?

Every registered investment adviser with an office in Lexington that serves individuals, offers financial planning or portfolio management, and reports no commission or insurance compensation on its Form ADV is listed. Inclusion is free and automatic; no firm pays to appear. The methodology page has the full rules.

Are these advisers fiduciaries?

Registered investment advisers owe their clients a fiduciary duty under the Investment Advisers Act of 1940 for the advice they give. Ask any firm to confirm in writing that it acts as a fiduciary at all times and for all of your accounts.