Adam Flagg, CFP®, AIF® Named 2025 Five Star Wealth Manager
We’re proud to share that Adam Flagg, CFP®, AIF®, Managing Partner and Senior Wealth Advisor at Collective Advisors, has been named a 2025 Five Star Wealth Manager.
This recognition is awarded by Five Star Professional and appears in Texas Monthly, highlighting a select group of wealth managers across Austin, San Antonio, and Central Texas who demonstrate a strong commitment to clients and the profession. In 2025, only 91 of 1,649 local wealth managers—approximately 6% of candidates—earned the award.
The Five Star Wealth Manager award is based on a rigorous, independent evaluation process that includes ten objective criteria, such as client retention rates, assets administered, education and professional designations, and a thorough regulatory and complaint-history review. Wealth managers do not pay a fee to be considered.
For Adam, the honor reflects his dedication to helping families, individuals, and business owners make confident financial decisions—an approach rooted in education, transparency, and long-term partnership. His work in personal wealth management and retirement plan consulting continues to support clients through moments that matter: career transitions, liquidity events, major life milestones, and comprehensive retirement planning.
We are grateful to our clients, community partners, and the Collective Advisors team who make achievements like this possible.
Congratulations, Adam, on this well-deserved recognition.
This award was issued on 07/01/2025 by Five Star Professional (FSP) for the time period 10/30/2024 through 05/01/2025. Fee paid for use of marketing materials. Self-completed questionnaire was used for rating. This rating is not related to the quality of the investment advice and based solely on the disclosed criteria. 1649 Austin, San Antonio and Central Texas-area wealth managers were considered for the award; 91 (6 % of candidates) were named 2025 Five Star Wealth Managers. Wealth managers do not pay a fee to be considered or placed on the final list of Five Star Wealth Managers. The award is based on 10 objective criteria. Eligibility criteria - required: 1. Credentialed as a registered investment adviser (RIA) or a registered investment adviser representative; 2. Actively licensed as a RIA or as a principal of a registered investment adviser firm for a minimum of 5 years; 3. Favorable regulatory and complaint history review (As defined by FSP, the wealth manager has not; A. Been subject to a regulatory action that resulted in a license being suspended or revoked, or payment of a fine; B. Had more than a total of three settled or pending complaints filed against them and/or a total of five settled, pending, dismissed or denied complaints with any regulatory authority or FSP's consumer complaint process. Unfavorable feedback may have been discovered through a check of complaints registered with a regulatory authority or complaints registered through FSP's consumer complaint process; feedback may not be representative of any one client's experience; C. Individually contributed to a financial settlement of a customer complaint; D. Filed for personal bankruptcy within the past 11 years; E. Been terminated from a financial services firm within the past 11 years; F. Been convicted of a felony); 4. Fulfilled their firm review based on internal standards; 5. Accepting new clients. Evaluation criteria - considered: 6. One-year client retention rate; 7. Five-year client retention rate; 8. Non-institutional discretionary and/or non-discretionary client assets administered; 9. Number of client households served; 10. Education and professional designations. FSP does not evaluate quality of services provided to clients. The award is not indicative of the wealth manager's future performance. Wealth managers may or may not use discretion in their practice and therefore may not manage their clients' assets. The inclusion of a wealth manager on the Five Star Wealth Manager list should not be construed as an endorsement of the wealth manager by FSP or this publication. Working with a Five Star Wealth Manager or any wealth manager is no guarantee as to future investment success, nor is there any guarantee that the selected wealth managers will be awarded this accomplishment by FSP in the future. Visit www.fivestarprofessional.com.
Details
November 21, 2025
Collective Advisors
Name: Mel Martin
Phone: 512-467-1923
Email: mel@collectiveadvisors.com