Frost Investment Advisors, LLC
Registered investment adviser · San Antonio, TX · CRD #146148
Form ADV data as of 2026-09-01Regulatory assets
$5.36 billion
Total accounts
10
Employees
31
Disclosure events
0
Firm details
- Website: https://www.linkedin.com/in/mace-m-mccain-4b787858/
- Telephone: 210-220-5070
- SEC file number: 801-68724
- Most recent Form ADV filing: 2026-03-24
- SEC record: View this firm on the SEC's IAPD site
Disciplinary disclosures
This firm answered No to every Item 11 disciplinary question on its most recent Form ADV filing.
Assets and accounts
| Provides continuous and regular supervisory or management services | Yes |
| Discretionary regulatory assets under management | $5.36 billion |
| Non-discretionary regulatory assets under management | $0 |
| Total regulatory assets under management | $5.36 billion |
| Discretionary accounts | 10 |
| Non-discretionary accounts | 0 |
| Total accounts | 10 |
| Regulatory assets under management attributable to non-U.S. persons | $0 |
People
| Total employees (excluding clerical) | 31 |
| Employees performing investment advisory functions (including research) | 31 |
| Employees who are registered representatives of a broker-dealer | 4 |
| Employees registered as investment adviser representatives with a state | 26 |
| Employees registered as IARs for another investment adviser | 0 |
| Employees who are licensed insurance agents | 0 |
| Firms or persons who solicit advisory clients on the firm's behalf | 3 |
Custody
| Has custody of client cash or bank accounts | No |
| Has custody of client securities | No |
| A related person has custody of client cash or bank accounts | Yes |
| A related person has custody of client securities | Yes |
| Client funds and securities held in a related person's custody | $407.8 million |
| Clients for whom a related person has custody | 5 |
| The firm acts as a qualified custodian | No |
| A related person acts as a qualified custodian | Yes |
| Number of persons acting as qualified custodians for the firm's clients | 2 |
How the firm is compensated
Advisory services offered
Other business activities
Affiliated related persons
Reported conflicts of interest
Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:
- Buys or sells for itself securities it also recommends to clients
- Recommends securities for which it serves as underwriter or general partner
- Receives soft dollar benefits
- Provides employee compensation specifically for obtaining clients
Client types
| Type of client | Clients | Assets |
|---|---|---|
| Investment companies | 4 | $4.95 billion |
| Insurance companies | 3 | $381.6 million |
| Corporations or other businesses not listed above | 1 | $7.8 million |
| Other | 1 | $18.4 million |