Open Door Investment Advisors, Inc.
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
Open Door Investment Advisors serves individuals, families, trusts and retirement plans with a primary emphasis on high‑net‑worth clients, managing approximately $36.8 million for about 50 client relationships through a two‑advisor team. The firm offers fee‑only investment management and provides financial planning services at no charge as part of its advisory offering.
The firm follows a conservative, long‑term buy‑and‑hold equity strategy that emphasizes portfolios of individual, well‑known companies supported by fundamental analysis and technical indicators used mainly for timing; it may also use mutual funds, ETFs and ultra‑short‑term income ETFs to address cash needs or shorter‑term goals. Client accounts are managed on a generally discretionary basis with assets held at independent custodians and the firm limits its strategies to traditional equities and pooled funds rather than derivatives or complex alternatives.
Noteworthy distinctions include that the firm is among a small minority of comparable advisors that use borrowing in separately managed accounts and does not report serving individual (non‑high‑net‑worth) retail clients, which can affect product and leverage choices. The brochure also discloses a recent administrative Consent Order with the Texas securities regulator resulting in a formal reprimand and a $10,000 fine, after which the firm and its representatives were approved for state registration.
Client services
Expertise
Fee options
0.85% annually
$200 per hour
Fee-only: Financial planning services provided at no charge
Main office
See officeAustin TX
Advisors at this office
1
Most active in
Illinois · Texas
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
Advisors at this firm
Joseph A
CFP®, Series 65
Austin, TX
Open Door Investment Advisors, Inc.
Joseph Alotta is a CFP® with 28 years of industry experience, currently serving at Open Door Investment Advisors, Inc. in Austin, TX, where he has worked since 2015. He holds a Series 65 license and is part of a two-advisor team. Open Door Investment Advisors serves high-net-worth individuals, families, trusts, and retirement plans, managing approximately $36.8 million across about 50 client relationships. The firm employs a conservative, long-term buy-and-hold equity strategy focused on individual companies, with discretionary asset management and a fee-only structure that includes complimentary financial planning.
Lei D
CFP®, Series 65
Pflugerville, TX
Open Door Investment Advisors, Inc.
Lei Duan is a CFP® and Series 65 licensed advisor with Open Door Investment Advisors, Inc. in Pflugerville, TX. Lei has held roles at Open Door Investment Advisors since 2019 with intermittent periods, and previously worked at KPMG and Maxwell Locke & Ritter, LLP in accounting and financial due diligence. Lei also performs occasional consulting work in financial due diligence as an independent contractor. Open Door Investment Advisors serves high-net-worth individuals, families, trusts, and retirement plans, managing approximately $36.8 million across about 50 client relationships. The firm employs a conservative, long-term buy-and-hold equity strategy focused on individual companies, supported by fundamental and technical analysis, and offers fee-only investment management with financial planning services at no additional charge.
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