# Thomas Coy

> Thomas Coy is a fee-only financial advisor at Wela Financial Advisory in San Antonio, Texas. Thomas charges a percentage of assets, a flat fee or retainer, an ongoing planning fee and a one-time planning fee (ongoing planning from $1,200 a year and one-time plans from $2,700) and focuses on flat-fee planning and retirement planning.

Page: https://find.wellspent.co/advisors/thomas-coy/
Built from SEC adviser records and the firm's website; last checked October 30, 2026.

## Facts

- **Firm:** Wela Financial Advisory
- **Based in:** San Antonio, Texas
- **Fee model:** Percentage of assets; Flat fee or retainer; Ongoing planning fee; One-time planning fee
- **Fees (firm's website):** ongoing planning from $1,200 a year; one-time plans from $2,700; 0.95% a year on the first tier of assets managed; a $300,000 asset minimum
- **Assets under management (firm):** $657.1M across 1,548 accounts
- **Specialties:** Flat-fee planning, Retirement planning
- **Works with:** Retirees, Pre-retirees
- **CRD:** 6328608 (https://adviserinfo.sec.gov/individual/summary/6328608)
- **SEC registration:** Investment adviser representative in TX
- **Exams passed:** Series 65 (2018)
- **Firm size:** 9 employees
- **Disclosures:** None reported
- **Website:** https://welafa.com/

## Frequently asked questions

### Is Thomas Coy a fee-only financial advisor?

Yes, according to SEC records as of October 29, 2026: Thomas holds no broker registration, and Wela Financial Advisory reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency on its Form ADV.

### How does Thomas charge for financial advice?

Thomas charges a percentage of assets, a flat fee or retainer, an ongoing planning fee and a one-time planning fee.

### How much does Thomas charge?

According to Wela Financial Advisory's website, checked October 30, 2026: ongoing planning from $1,200 a year; one-time plans from $2,700; 0.95% a year on the first tier of assets managed; a $300,000 asset minimum.

### Where is Thomas Coy based?

Thomas Coy is based in San Antonio, Texas.

### What does Thomas specialize in?

Thomas's specialties include flat-fee planning and retirement planning. Thomas works with retirees and pre-retirees.

### Is Thomas Coy registered with the SEC?

Yes. Thomas Coy is registered as an investment adviser representative in TX (CRD 6328608), per SEC Investment Adviser Public Disclosure data as of October 29, 2026.

### How much does Wela Financial Advisory manage?

Wela Financial Advisory reports $657.1M across 1,548 accounts in assets under management.

### How do I contact Thomas Coy?

Through Thomas's website, welafa.com.

## Sources

- SEC adviser records (https://adviserinfo.sec.gov/individual/summary/6328608): the firm's Form ADV reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency, and the advisor holds no broker registration
- SEC Investment Adviser Public Disclosure and Form ADV: registration, exams, and firm facts, data as of October 29, 2026
- The firm's website (https://www.welafa.com/): specialties, clients served, and fees, checked October 30, 2026

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Source: Wellspent, the public graph of fee-only advisors (https://find.wellspent.co). No paid placement.