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RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM 100m 1b

ALPHA CAPITAL MANAGEMENT

B&T CAPITAL MANAGEMENT, INCORPORATED, CRD 121703

AUSTIN, TX

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:31441fc4-ed10-dff8-cfa6-59dd9dbe3617

Data as of Mar 31, 2026 (this record's last observation) from federal regulator filings. Page built Sep 18, 2026, 11:20 PM UTC and rebuilt at most every 15 minutes.

Relationships: 14
Dated events: 4
On other graphs: 0
Observed: Mar 29, 2012 to Mar 31, 2026
28 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: independent wealth managerderivedprivate_client_share=0.98 fund_share=0.0 institutional_share=0.02 related_bd=false related_bank=false bd_reps=0.0
Regulatory AUM: $871MItem 5.F on the latest filing (2026-03-31); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $863M
Private client RAUM: $850MderivedItem 5.D individuals plus high net worth individuals
Private client share: 98%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 6
RAUM per advisor: $145Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 9
Advisory employees: 5
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 1,316
Individual clients: 261
High net worth clients: 201
Custody, client assets: $535M
SEC number: 801-61613
CRD: 121703
Filings on the tape: 28
First filed: Mar 29, 2012
Latest filed: Mar 31, 2026
Organised: Corporation, TX
Website: alphacapm.com

Advisors on IAPD

current investment adviser representatives on the IAPD individual feed, longest tenure first

Advisor	Designations	Branch	Years here	In industry	Prior firms	Dual registered
MICHAEL TERENCE TURNER	Chartered Financial Analyst	AUSTIN, TX	24	24	n/a	no
BUDDIE CLOYS BALLARD	Chartered Financial Analyst	AUSTIN, TX	23	39	1	no
RAYMOND WILLIAM BERGMAN	n/a	AUSTIN, TX	16	19	1	no
DARREN MARK ANDERSON	Chartered Financial Analyst	AUSTIN, TX	7	10	n/a	no
Adrian Patricia Burczewski	Certified Financial Planner	AUSTIN, TX	4	11	n/a	no
Gabrielle Kathryne Hebert	n/a	AUSTIN, TX	1	13	n/a	no

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
BALLARD, BUDDIE, CLOYS	MANAGING PARTNER	D	yes	09/2002	Mar 29, 2012	Feb 12, 2024
TURNER, MICHAEL, TERENCE	MANAGING PARTNER / CHIEF COMPLIANCE OFFICER	D	yes	06/2002	Mar 29, 2012	Feb 12, 2024

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Mar 31, 2026	$871M	$863M	9	5	0	n/a	n/a
2024	Feb 25, 2025	$766M	$761M	7	6	0	n/a	n/a
2023	Feb 12, 2024	$673M	$667M	7	4	0	n/a	n/a
2022	Feb 16, 2023	$564M	$560M	5	4	0	n/a	n/a
2021	Feb 9, 2022	$675M	$669M	6	4	0	n/a	n/a
2020	Feb 8, 2021	$518M	$514M	6	4	0	n/a	n/a
2019	Mar 2, 2020	$401M	$398M	6	4	0	n/a	n/a
2018	Mar 29, 2019	$543M	$319M	5	4	1	n/a	n/a
2017	Feb 16, 2018	$572M	$341M	5	3	1	n/a	n/a
2016	Mar 31, 2017	$522M	$295M	3	2	n/a	n/a	n/a
2015	Mar 29, 2016	$501M	$285M	5	3	n/a	n/a	n/a
2014	Mar 6, 2015	$508M	$286M	5	3	n/a	n/a	n/a
2013	Feb 7, 2014	$466M	$256M	5	3	n/a	n/a	n/a
2012	Mar 7, 2013	$417M	$208M	5	3	n/a	n/a	n/a
2011	Mar 29, 2012	$382M	$189M	n/a	n/a	n/a	n/a	n/a

Advisor flows

derived: registrations beginning and ending at this CRD on IAPD, bulk corporate re-registrations excluded; the rate is departures over IAPD headcount

Joined, 12m	Left, 12m	Net, 12m	Departure rate, 12m	Joined, 90d	Left, 90d	Left, no destination yet	Joined, 36m	Left, 36m
0	0	0	0.0%	0	0	0	0	0

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$871M	$766M	13.7%	$564M	15.6%	9	7	0	0

Relationships

Registered with (12)

← Gabrielle Kathryne HebertAdvisorregistration: current employment
Oct 16, 2024 to presentfactForm ADV
← Adrian Patricia BurczewskiAdvisorregistration: current employment
Feb 25, 2022 to presentfactForm ADV
← DARREN MARK ANDERSONAdvisorregistration: current employment
Feb 20, 2019 to presentfactForm ADV
← RAYMOND WILLIAM BERGMANAdvisorregistration: current employment
Nov 9, 2009 to presentfactForm ADV
← BUDDIE CLOYS BALLARDAdvisorregistration: current employment
Sep 19, 2002 to presentfactForm ADV
← MICHAEL TERENCE TURNERAdvisorregistration: current employment
Jul 30, 2002 to presentfactForm ADV
← BRYAN WILKINSON LESTERAdvisorregistration: previous registration
Aug 7, 2018 to Sep 20, 2022factForm ADV
← JESSICA MOLLER FORRESTAdvisorregistration: previous registration
Jan 1, 2006 to Jun 1, 2018factForm ADV
← JEFFERY ALBERT READYAdvisorregistration: previous registration
Sep 13, 2010 to Jun 1, 2012factForm ADV
← BRANDON EDWARD WHITEAdvisorregistration: previous registration
Feb 27, 2007 to Oct 24, 2011factForm ADV
← BRANDON THOMAS PERRYAdvisorregistration: previous registration
Feb 7, 2007 to Sep 9, 2009factForm ADV
← RICHARD JAMES ARCHERAdvisorregistration: previous registration
Oct 17, 2005 to Apr 15, 2008factForm ADV

Controls (2)

← BALLARD, BUDDIE, CLOYSOwnerMANAGING PARTNER, ownership code D, individual
Mar 29, 2012 to Feb 12, 2024factForm ADV
← TURNER, MICHAEL, TERENCEOwnerMANAGING PARTNER / CHIEF COMPLIANCE OFFICER, ownership code D, individual
Mar 29, 2012 to Feb 12, 2024factForm ADV

Dated events

Occurred
Sep 20, 2022
Advisor changed firm
Bryan Wilkinson Lester left Alpha Capital Management for Mariner (registered 2022-10-05)
Form ADVobserved 3 days ago
Occurred
Feb 9, 2022
Regulatory AUM changed
Alpha Capital Management reported RAUM $674.6M, up 30% from $518.4M (2021-11-19 to 2022-02-09)
Form ADVobserved 3 days ago
$156M
Occurred
Feb 8, 2021
Regulatory AUM changed
Alpha Capital Management reported RAUM $518.4M, up 29% from $401.3M (2021-01-07 to 2021-02-08)
Form ADVobserved 3 days ago
$117M
Occurred
Mar 2, 2020
Regulatory AUM changed
Alpha Capital Management reported RAUM $401.3M, down 26% from $543.2M (2019-03-29 to 2020-03-02)
Form ADVobserved 3 days ago
$-142M

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:31441fc4-ed10-dff8-cfa6-59dd9dbe3617
First observed: Mar 29, 2012
Last observed: Mar 31, 2026 5 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

ALPHA CAPITAL MANAGEMENT

B&T CAPITAL MANAGEMENT, INCORPORATED, CRD 121703

AUSTIN, TX

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:31441fc4-ed10-dff8-cfa6-59dd9dbe3617

Data as of Mar 31, 2026 (this record's last observation) from federal regulator filings. Page built Sep 18, 2026, 11:20 PM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

MICHAEL TERENCE TURNER

Chartered Financial Analyst

AUSTIN, TX

n/a

BUDDIE CLOYS BALLARD

Chartered Financial Analyst

AUSTIN, TX

RAYMOND WILLIAM BERGMAN

n/a

AUSTIN, TX

DARREN MARK ANDERSON

Chartered Financial Analyst

AUSTIN, TX

n/a

Adrian Patricia Burczewski

Certified Financial Planner

AUSTIN, TX

n/a

Gabrielle Kathryne Hebert

n/a

AUSTIN, TX

n/a

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

BALLARD, BUDDIE, CLOYS

MANAGING PARTNER

yes

09/2002

Mar 29, 2012

Feb 12, 2024

TURNER, MICHAEL, TERENCE

MANAGING PARTNER / CHIEF COMPLIANCE OFFICER

yes

06/2002

Mar 29, 2012

Feb 12, 2024

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Mar 31, 2026

$871M

$863M

n/a

2024

Feb 25, 2025

$766M

$761M

n/a

2023

Feb 12, 2024

$673M

$667M

n/a

2022

Feb 16, 2023

$564M

$560M

n/a

2021

Feb 9, 2022

$675M

$669M

n/a

2020

Feb 8, 2021

$518M

$514M

n/a

2019

Mar 2, 2020

$401M

$398M

n/a

2018

Mar 29, 2019

$543M

$319M

n/a

2017

Feb 16, 2018

$572M

$341M

n/a

2016

Mar 31, 2017

$522M

$295M

n/a

2015

Mar 29, 2016

$501M

$285M

n/a

2014

Mar 6, 2015

$508M

$286M

n/a

2013

Feb 7, 2014

$466M

$256M

n/a

2012

Mar 7, 2013

$417M

$208M

n/a

2011

Mar 29, 2012

$382M

$189M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

0.0%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$871M

$766M

13.7%

$564M

15.6%