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RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM 1b 10b

TECTONIC ADVISORS LLC

CRD 139713

FRISCO, 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:3b65e4e9-a8d8-c615-09a6-d9ed7377fbc2

Data as of Mar 30, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 1:02 AM UTC and rebuilt at most every 15 minutes.

Relationships: 25
Dated events: 12
On other graphs: 0
Observed: Nov 15, 2011 to Mar 30, 2026
53 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=0.54 fund_share=0.44 institutional_share=0.02 related_bd=true related_bank=false bd_reps=0.0
Regulatory AUM: $5.1BItem 5.F on the latest filing (2026-03-30); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $4.8B
Private client RAUM: $2.8BderivedItem 5.D individuals plus high net worth individuals
Private client share: 54%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 3
RAUM per advisor: $1.7Bderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 6
Advisory employees: 3
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 9,259
Individual clients: 1,513
High net worth clients: 723
Custody, client assets: $0
SEC number: 801-66385
CRD: 139713
Filings on the tape: 53
First filed: Nov 15, 2011
Latest filed: Mar 30, 2026
Organised: Limited Liability Company, TX

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
CARLA PARISI KECK	n/a	FRISCO, TX	4	22	3	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
BOLF, JEREMY, LAYNE	Cco	Na	yes	09/2024	Mar 30, 2026	Mar 30, 2026
BORTZ, BRIAN, ROBERT	Shareholder	B	yes	01/2026	Mar 30, 2026	Mar 30, 2026
CAIN, STEVEN, LAWRENCE	Shareholder	B	yes	01/2026	Mar 30, 2026	Mar 30, 2026
CLAPP, STEVEN, BRADLEY	Shareholder	B	yes	01/2026	Mar 30, 2026	Mar 30, 2026
CRAWFORD, JUDSON, STANDEFER	Shareholder	B	yes	01/2026	Mar 30, 2026	Mar 30, 2026
ERWIN, ANDREW, SCOTT	Coo	Na	yes	01/2024	Mar 30, 2026	Mar 30, 2026
GREAVES, TIMOTHY, BASIL	Shareholder	B	yes	01/2026	Mar 30, 2026	Mar 30, 2026
LEE, TONI, HATCHER	Shareholder	B	yes	01/2026	Mar 30, 2026	Mar 30, 2026
LORETTO SATTERFIELD LLC	Shareholder	B	yes	01/2026	Mar 30, 2026	Mar 30, 2026
LYONS, PAUL, DOUGLAS	SENIOR MANAGING DIRECTOR	Na	yes	01/2006	Mar 30, 2026	Mar 30, 2026
SANDERS, THOMAS, ROBERT	Shareholder	B	yes	01/2026	Mar 30, 2026	Mar 30, 2026
WICKER, DAN, CHARLES	Shareholder	B	yes	01/2026	Mar 30, 2026	Mar 30, 2026
BAIRD, MICHELLE, BARTOE	CHIEF FINANCIAL OFFICER	Na	yes	02/2015	Mar 27, 2019	Mar 18, 2024
CAIN, DARRELL, WARD	Chairman	Na	yes	05/2005	Nov 15, 2011	Mar 18, 2024
SHERMAN, ARTHUR, HAAG	CEO AND CIO	Na	yes	02/2015	Mar 6, 2015	Mar 18, 2024
TECTONIC FINANCIAL, INC.	PARENT COMPANY	E	yes	05/2019	Jul 3, 2019	Mar 18, 2024
MANGOLD, STEPHEN, MICHAEL	CHIEF COMPLIANCE OFFICER	Na	no	11/2019	Nov 8, 2019	Mar 18, 2024

Affiliates (Item 7.A)

as filed on Item 7.A; a related person with a CRD on the graph links to its own page

Related person	Type	Class on the graph	Its RAUM	Control	Common control	State
CAIN, WATTERS & ASSOCIATES, LLC	n/a	Independent wealth	$5.0B	N	yes	n/a
SANDERS MORRIS LLC	n/a	Independent wealth	$576M	N	yes	n/a
HWG INSURANCE AGENCY, LLC	n/a	n/a	n/a	N	yes	n/a
T BANK, NA	n/a	n/a	n/a	N	yes	n/a

Offices

Schedule D 1.F offices beyond the principal office; street addresses are not published

City	State	Country	Employees	Also broker-dealer
Houston	TX	United States	3	no

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; showing 15 of 16

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Mar 30, 2026	$5.1B	$4.8B	6	3	0	n/a	n/a
2024	Mar 26, 2025	$4.3B	$4.2B	13	5	1	n/a	n/a
2023	Mar 18, 2024	$3.6B	$3.5B	13	5	1	n/a	n/a
2022	Mar 21, 2023	$2.6B	$2.6B	13	5	1	n/a	n/a
2021	Mar 30, 2022	$2.7B	$2.7B	13	5	1	n/a	n/a
2020	Mar 23, 2021	$1.9B	$1.9B	13	5	1	n/a	n/a
2019	Mar 31, 2020	$1.5B	$1.5B	13	5	1	n/a	n/a
2018	Mar 27, 2019	$1.3B	$1.3B	13	5	2	n/a	n/a
2017	Mar 23, 2018	$1.4B	$1.4B	15	6	1	n/a	n/a
2016	Mar 24, 2017	$1.1B	$1.1B	8	5	n/a	n/a	n/a
2015	Mar 29, 2016	$993M	$993M	9	5	n/a	n/a	n/a
2014	Mar 30, 2015	n/a	n/a	5	2	n/a	n/a	n/a
2013	Mar 27, 2014	n/a	n/a	5	2	n/a	n/a	n/a
2012	Mar 28, 2013	n/a	n/a	4	2	n/a	n/a	n/a
2011	Feb 24, 2012	n/a	n/a	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	4	-4	133.3%	0	0	0	0	4

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	$5.1B	$4.3B	18.3%	$2.6B	24.9%	6	13	0	1

Teams out

two or more advisors whose registrations ended here and began at one firm together: a fact of two dates, not a prediction

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
SANDERS MORRIS LLC	2	Jan 8, 2026	Nov 1, 2019	FRISCO, TX	Team lift out	RIA to RIA	28.6%

Teams in

teams that arrived here from one firm together

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
SALIENT CAPITAL ADVISORS, LLC	2	Apr 3, 2017	Aug 10, 2017	HOUSTON, TX	Team lift out	Other	5.7%

Relationships

Affiliated with (6)

← CAIN, WATTERS & ASSOCIATES, LLCRegistered adviserother investment adviser, common control
factForm ADV
← SANDERS MORRIS LLCRegistered adviserother investment adviser, common control
factForm ADV
→ CAIN, WATTERS & ASSOCIATES, LLCRegistered adviserother investment adviser, insurance company, common control
factForm ADV
→ SANDERS MORRIS LLCRegistered adviserother investment adviser, broker-dealer, common control
factForm ADV
← MILLER-GREEN FINANCIAL SERVICES LLCRegistered adviserother investment adviser, common control
factForm ADV
← AHTS ADVISORS, LLCRegistered adviserother investment adviser, common control
factForm ADV

Registered with (11)

← CARLA PARISI KECKAdvisorregistration: current employment
Aug 1, 2022 to presentfactForm ADV
← BRAD ROBERT SANDERSAdvisorregistration: current employment
Mar 11, 2009 to presentfactForm ADV
← PAUL DOUGLAS LYONSAdvisorregistration: current employment
Apr 21, 2006 to presentfactForm ADV
← STEVE MANGOLDAdvisorregistration: previous registration
Nov 1, 2019 to Jan 8, 2026factForm ADV
← NANCY ELAINE DIXONAdvisorregistration: previous registration
Mar 24, 2017 to Jan 8, 2026factForm ADV
← ARTHUR HAAG SHERMANAdvisorregistration: previous registration
Apr 28, 2015 to Jan 8, 2026factForm ADV
← JUAQUIN GABRIEL ARELLANOAdvisorregistration: previous registration
Aug 10, 2017 to Jan 8, 2026factForm ADV
← Daniel PriwinAdvisorregistration: previous registration
Jan 14, 2020 to Mar 18, 2022factForm ADV
← Brittany Stephens SteitzAdvisorregistration: previous registration
Apr 7, 2017 to Jan 16, 2019factForm ADV
← ROBERT K MORANAdvisorregistration: previous registration
Mar 14, 2007 to Aug 27, 2010factForm ADV
← JASON MATTHEW MORTONAdvisorregistration: previous registration
May 15, 2006 to Oct 6, 2009factForm ADV

Controls (5)

← CAIN, DARRELL, WARDOwnerCHAIRMAN, ownership code NA, individual
Nov 15, 2011 to Mar 18, 2024factForm ADV
← SHERMAN, ARTHUR, HAAGOwnerCEO AND CIO, ownership code NA, individual
Mar 6, 2015 to Mar 18, 2024factForm ADV
← LYONS, PAUL, DOUGLASOwnerSENIOR MANAGING DIRECTOR, ownership code NA, individual
Mar 28, 2013 to Mar 18, 2024factForm ADV
← BAIRD, MICHELLE, BARTOEOwnerCHIEF FINANCIAL OFFICER, ownership code NA, individual
Mar 27, 2019 to Mar 18, 2024factForm ADV
← TECTONIC FINANCIAL, INC.OwnerPARENT COMPANY, ownership code E, domestic entity
Jul 3, 2019 to Mar 18, 2024factForm ADV

Owns (1)

← MANGOLD, STEPHEN, MICHAELOwnerCHIEF COMPLIANCE OFFICER, ownership code NA, individual
Nov 8, 2019 to Mar 18, 2024factForm ADV

Moved with (2)

→ SANDERS MORRIS LLCRegistered adviser2 advisors, team lift out, same day
Jan 8, 2026 to Nov 1, 2019factForm ADV
← SALIENT CAPITAL ADVISORS, LLCRegistered adviser2 advisors, team lift out, same day
Apr 3, 2017 to Aug 10, 2017factForm ADV

Dated events

Occurred
Jan 8, 2026
Team lift-out
2 advisors left Tectonic Advisors LLC (Frisco, TX) for Sanders Morris LLC on the same day
Form ADVobserved 3 days ago
2 advisors
Occurred
Jan 8, 2026
Advisor changed firm
Arthur Haag Sherman left Tectonic Advisors Llc for Privus Financial, Llc (registered 2018-04-25)
Form ADVobserved 3 days ago
Occurred
Jan 8, 2026
Advisor changed firm
Nancy Elaine Dixon left Tectonic Advisors Llc for Sanders Morris Llc (registered 2019-01-31)
Form ADVobserved 3 days ago
Occurred
Jan 8, 2026
Advisor changed firm
Steve Mangold left Tectonic Advisors Llc for Sanders Morris Llc (registered 2019-11-01)
Form ADVobserved 3 days ago
Occurred
Jan 8, 2026
Advisor changed firm
Juaquin Gabriel Arellano left Tectonic Advisors Llc for Tectonic Capital Advisors, Llc (registered 2025-12-17)
Form ADVobserved 3 days ago
Occurred
Mar 18, 2024
Regulatory AUM changed
Tectonic Advisors Llc reported RAUM $3.6B, up 37% from $2.6B (2023-04-06 to 2024-03-18)
Form ADVobserved 3 days ago
$964M
Occurred
May 31, 2022
Control person left
Lewis Millette Sherman (Trustee) no longer on Schedule A of Tectonic Advisors Llc (listed 2022-03-30, absent 2022-05-31)
Form ADVobserved 3 days ago
Occurred
Mar 30, 2022
Regulatory AUM changed
Tectonic Advisors Llc reported RAUM $2.7B, up 45% from $1.9B (2022-01-06 to 2022-03-30)
Form ADVobserved 3 days ago
$829M
Occurred
Mar 18, 2022
Advisor changed firm
Daniel Priwin left Tectonic Advisors Llc for Sanders Morris Llc (registered 2020-01-14)
Form ADVobserved 3 days ago
Occurred
Mar 27, 2019
Control person joined
Bartoe Michelle Baird (Chief Financial Officer) appeared on Schedule A of Tectonic Advisors Llc
Form ADVobserved 3 days ago
Occurred
Mar 27, 2019
Control person left
Elaine Nancy Dixon (Chief Compliance Officer) no longer on Schedule A of Tectonic Advisors Llc (listed 2018-03-23, absent 2019-03-27)
Form ADVobserved 3 days ago
Occurred
Mar 6, 2015
Succession filed (Item 4)
Iii To I Financial Management Research, L.P. reported succeeding to the business of Another Adviser (Form ADV Item 4)
Form ADVobserved 3 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:3b65e4e9-a8d8-c615-09a6-d9ed7377fbc2
First observed: Nov 15, 2011
Last observed: Mar 30, 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.

TECTONIC ADVISORS LLC

CRD 139713

FRISCO, 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:3b65e4e9-a8d8-c615-09a6-d9ed7377fbc2

Data as of Mar 30, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 1:02 AM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

CARLA PARISI KECK

n/a

FRISCO, TX

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

BOLF, JEREMY, LAYNE

Cco

yes

09/2024

Mar 30, 2026

BORTZ, BRIAN, ROBERT

Shareholder

yes

01/2026

Mar 30, 2026

CAIN, STEVEN, LAWRENCE

Shareholder

yes

01/2026

Mar 30, 2026

CLAPP, STEVEN, BRADLEY

Shareholder

yes

01/2026

Mar 30, 2026

CRAWFORD, JUDSON, STANDEFER

Shareholder

yes

01/2026

Mar 30, 2026

ERWIN, ANDREW, SCOTT

Coo

yes

01/2024

Mar 30, 2026

GREAVES, TIMOTHY, BASIL

Shareholder

yes

01/2026

Mar 30, 2026

LEE, TONI, HATCHER

Shareholder

yes

01/2026

Mar 30, 2026

LORETTO SATTERFIELD LLC

Shareholder

yes

01/2026

Mar 30, 2026

LYONS, PAUL, DOUGLAS

SENIOR MANAGING DIRECTOR

yes

01/2006

Mar 30, 2026

SANDERS, THOMAS, ROBERT

Shareholder

yes

01/2026

Mar 30, 2026

WICKER, DAN, CHARLES

Shareholder

yes

01/2026

Mar 30, 2026

BAIRD, MICHELLE, BARTOE

CHIEF FINANCIAL OFFICER

yes

02/2015

Mar 27, 2019

Mar 18, 2024

CAIN, DARRELL, WARD

Chairman

yes

05/2005

Nov 15, 2011

Mar 18, 2024

SHERMAN, ARTHUR, HAAG

CEO AND CIO

yes

02/2015

Mar 6, 2015

Mar 18, 2024

TECTONIC FINANCIAL, INC.

PARENT COMPANY

yes

05/2019

Jul 3, 2019

Mar 18, 2024

MANGOLD, STEPHEN, MICHAEL

CHIEF COMPLIANCE OFFICER

11/2019

Nov 8, 2019

Mar 18, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

CAIN, WATTERS & ASSOCIATES, LLC

n/a

Independent wealth

$5.0B

yes

n/a

SANDERS MORRIS LLC

n/a

Independent wealth

$576M

yes

n/a

HWG INSURANCE AGENCY, LLC

n/a

yes

n/a

T BANK, NA

n/a

yes

n/a

City

State

Country

Employees

Also broker-dealer

Houston

United States

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Mar 30, 2026

$5.1B

$4.8B

n/a

2024

Mar 26, 2025

$4.3B

$4.2B

n/a

2023

Mar 18, 2024

$3.6B

$3.5B

n/a

2022

Mar 21, 2023

$2.6B

n/a

2021

Mar 30, 2022

$2.7B

n/a

2020

Mar 23, 2021

$1.9B

n/a

2019

Mar 31, 2020

$1.5B

n/a

2018

Mar 27, 2019

$1.3B

n/a

2017

Mar 23, 2018

$1.4B

n/a

2016

Mar 24, 2017

$1.1B

n/a

2015

Mar 29, 2016

$993M

n/a

2014

Mar 30, 2015

n/a

2013

Mar 27, 2014

n/a

2012

Mar 28, 2013

n/a

2011

Feb 24, 2012

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

-4

133.3%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$5.1B

$4.3B

18.3%

$2.6B

24.9%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

SANDERS MORRIS LLC

Jan 8, 2026

Nov 1, 2019

FRISCO, TX

Team lift out

RIA to RIA

28.6%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

SALIENT CAPITAL ADVISORS, LLC

Apr 3, 2017

Aug 10, 2017

HOUSTON, TX

Team lift out

Other

5.7%