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Neal Litton

Mwa Financial Services, INC.
13 Years of Experience
Denton, TX
1 DisclosureBroker
View SEC Summary
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Neal Litton is a registered investment advisor at Mwa Financial Services, INC., based in Denton, TX, with 13 years of industry experience. Neal is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Education Planning, High Net Worth, Insurance Planning, Investment Management, and 2 more. Their firm serves 2,012 clients with $640M in assets under management.

Mwa Financial Services, INC.
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
213 advisors
Number of Clients
2,012 clients
Average Client Portfolio
$318K average
Assets Under Management
$640.0M

Fee Structure

Minimum Investment:$50K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any1.50%

Adviser-managed and third-party managed accounts charge annual fees ranging from 0.25% to 1.50% of assets under management. Fees are negotiable.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

303 N. Carroll Blvd, Suite 200, Denton, TX, 76201

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
May 2016
Closed-No Action
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Neal is the owner and general manager of a rental property since 2019, and also works as a rideshare operator. These activities take about 10-20% of Neal's time.

Employment History
Current Registrations
Mwa Financial Services, INC.
February 2025 - Present · 1 yr 8 mos
Mwa Financial Services INC.Broker
January 2025 - Present · 1 yr 9 mos
Previous Registrations
USAA Investment Services Company
July 2022 - December 2024 · 2 yrs 5 mos
USAA Investment Services CompanyBroker
July 2022 - December 2024 · 2 yrs 5 mos
Charles Schwab & CO., INC.
August 2019 - June 2022 · 2 yrs 10 mos
Charles Schwab & CO., INC.Broker
June 2019 - June 2022 · 3 yrs
Charles Schwab & CO., INC.
June 2019 - June 2019 · 0 mos
USAA Investment Management Company
January 2018 - June 2019 · 1 yr 5 mos
USAA Financial Advisors, INC.Broker
March 2015 - June 2019 · 4 yrs 3 mos
USAA Financial Planning Services
March 2015 - January 2018 · 2 yrs 10 mos
W&s Brokerage Services, INC.Broker
October 2014 - January 2015 · 3 mos
First Command Financial Planning, INC.
September 2013 - October 2014 · 1 yr 1 mo
First Command Financial Planning, INC.Broker
February 2013 - October 2014 · 1 yr 8 mos
State Registrations4 states
INLAMSTX
AdvisorBrokerBoth

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.
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