DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Mcelhenny Sheffield Capital Management, LLC

Independent wealth managerDallas, TexasCRD 115120SEC 801-79001websiteIAPD
Latest filing Jul 14, 2026
First filing on the tape Dec 19, 2013 · 32 filings
SEC status approved since Jan 15, 2014
RAUM
$663M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
76%
$506M individuals and HNW
Advisors
7
registered through the firm on IAPD
RAUM per advisor
$94.7M
derived; firm RAUM over IAPD count
Employees
7
7 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
32 filings and snapshots on the tape
RAUM$663M as of Jul 14, 2026
Mar 31, 2014$170M then
HNW client RAUM$350M as of Jul 14, 2026
Mar 30, 2018$262M then
State-registered IARs (5.B.3)7 as of Jul 14, 2026
Mar 31, 20145 then
Employees (5.A)7 as of Jul 14, 2026
Mar 31, 20145 then
Private funds: no history
RAUM +30% over the last fiscal year+19% a year over threeIARs 7 to 7
Practice profile
derived from the filing of Jul 14, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
RAUM per advisor
$94.7MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
108derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.5MderivedHNW RAUM over HNW clients
Average account
$478,824derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
7.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+30%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+7.7%derived
Compensation
percentage of assets, fixed fees, performance-basedreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for investment companiesreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$350M53%
  • Individuals$156M23%
  • Investment companies$152M23%
  • Charitable organizations$5.1M0.8%
Individual clients
658reported
HNW clients
99reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
1,385reported
Financial planning clients
26-50reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, performancereported
Class basis
private_client_share=0.76 fund_share=0.23 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
7 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Jeffrey Paul BradleyDallas, TxFeb 6, 201526 y5
Bruce Mcelhenny FraserDallas, TxFeb 6, 201533 y1
Ryan Anthony MckeeDallas, TxJun 23, 201616 y1
Grant Layton MorrisCertified Financial Planner, Chartered Financial AnalystDallas, TxSep 23, 201616 y0
Jesse William HauptriefDallas, TxMay 1, 201742 y6
Andrew Christopher HuntCertified Financial PlannerDallas, TxAug 14, 202430 y12
Kyle Patrick ElamChartered Financial AnalystDallas, TxDec 22, 202411 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Mcelhenny Bruce Fraser · Managing Partner, Managing Member, And Chief Compliance Officercontrol
    since 03/2000 · owns 50% to 75%
  • G. Carl Dorvil · Member
    since 01/2016 · owns less than 5%
  • Christine Fraser · Member
    since 06/2007 · owns 25% to 50%
  • Layton Grant Morris · Portfolio Manager And Director Of Operations
    since 10/2023 · owns less than 5%
Related persons
Schedule D 7.A
  • Elkhorn Capital Partners, LLC
    n
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Dallas, Tx · principal700
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • account count surgeChange between filings · filing Mar 27, 2026
    accounts (Item 5.F.2.f) moved from 705.0 to 1,385.0 (+96.0%) between the annual amendments of 2025-03-31 and 2026-03-27; the peer median change was +6.0% (1256 comparable advisers, 97.0th percentile of changes)
    peers: independent wealth managers, $500M to $1B (1,256) · 97% percentile
What changed
consecutive filings, newest first
  • Accounts · 705 to 1,385
    Oct 1, 2025 to Mar 27, 2026
  • HNW clients · 88 to 99
    Oct 1, 2025 to Mar 27, 2026
  • Individual clients · 615 to 658
    Oct 1, 2025 to Mar 27, 2026
  • Discretionary RAUM · $509M to $663M
    Oct 1, 2025 to Mar 27, 2026
  • HNW RAUM · $290M to $350M
    Oct 1, 2025 to Mar 27, 2026
  • Individual RAUM · $145M to $156M
    Oct 1, 2025 to Mar 27, 2026
  • RAUM · $509M to $663M
    Oct 1, 2025 to Mar 27, 2026
  • Financial planning clients · 26-50 to 26-50
    Mar 31, 2025 to Jul 21, 2025
  • Accounts · 1,484 to 705
    Mar 29, 2024 to Mar 31, 2025
  • Advisory employees · 5 to 7
    Mar 29, 2024 to Mar 31, 2025
  • HNW clients · 74 to 88
    Mar 29, 2024 to Mar 31, 2025
  • Individual clients · 674 to 615
    Mar 29, 2024 to Mar 31, 2025
  • Employees · 5 to 7
    Mar 29, 2024 to Mar 31, 2025
  • State-registered IARs · 5 to 7
    Mar 29, 2024 to Mar 31, 2025
  • Discretionary RAUM · $419M to $509M
    Mar 29, 2024 to Mar 31, 2025
  • HNW RAUM · $231M to $290M
    Mar 29, 2024 to Mar 31, 2025
  • Individual RAUM · $146M to $145M
    Mar 29, 2024 to Mar 31, 2025
  • RAUM · $419M to $509M
    Mar 29, 2024 to Mar 31, 2025
  • Accounts · 1,523 to 1,484
    Nov 8, 2023 to Mar 29, 2024
  • Advisory employees · 6 to 5
    Nov 8, 2023 to Mar 29, 2024
  • HNW clients · 65 to 74
    Nov 8, 2023 to Mar 29, 2024
  • Individual clients · 687 to 674
    Nov 8, 2023 to Mar 29, 2024
  • Employees · 6 to 5
    Nov 8, 2023 to Mar 29, 2024
  • Financial planning clients · 1-10 to 26-50
    Nov 8, 2023 to Mar 29, 2024
  • State-registered IARs · 6 to 5
    Nov 8, 2023 to Mar 29, 2024
  • Discretionary RAUM · $384M to $419M
    Nov 8, 2023 to Mar 29, 2024
  • HNW RAUM · $200M to $231M
    Nov 8, 2023 to Mar 29, 2024
  • Individual RAUM · $143M to $146M
    Nov 8, 2023 to Mar 29, 2024
  • RAUM · $384M to $419M
    Nov 8, 2023 to Mar 29, 2024
  • Accounts · 1,014 to 1,523
    Jun 7, 2023 to Oct 11, 2023
  • Advisory employees · 7 to 6
    Jun 7, 2023 to Oct 11, 2023
  • Charity clients · 1.0 to unset
    Jun 7, 2023 to Oct 11, 2023
  • HNW clients · 60 to 65
    Jun 7, 2023 to Oct 11, 2023
  • Individual clients · 952 to 687
    Jun 7, 2023 to Oct 11, 2023
  • Employees · 7 to 6
    Jun 7, 2023 to Oct 11, 2023
  • State-registered IARs · 7 to 6
    Jun 7, 2023 to Oct 11, 2023
  • Discretionary RAUM · $392M to $384M
    Jun 7, 2023 to Oct 11, 2023
  • HNW RAUM · $182M to $200M
    Jun 7, 2023 to Oct 11, 2023
  • Individual RAUM · $175M to $143M
    Jun 7, 2023 to Oct 11, 2023
  • RAUM · $392M to $384M
    Jun 7, 2023 to Oct 11, 2023
Signals
5 dated events
  • Mcelhenny Sheffield Capital Management, Llc reported RAUM $663.2M, up 30% from $508.7M (2025-10-01 to 2026-03-27)
    Mar 27, 2026 · RAUM change · derived
  • Mcelhenny Sheffield Capital Management, Llc reported RAUM $462.9M, up 33% from $347.2M (2021-11-04 to 2022-03-23)
    Mar 23, 2022 · RAUM change · derived
  • Mcelhenny Sheffield Capital Management, Llc reported RAUM $347.2M, up 44% from $241.0M (2020-06-30 to 2021-03-31)
    Mar 31, 2021 · RAUM change · derived
  • Mcelhenny Sheffield Capital Management, Llc reported RAUM $311.5M, up 52% from $204.7M (2017-03-31 to 2018-03-30)
    Mar 30, 2018 · RAUM change · derived
  • Mcelhenny Sheffield Capital Management, Llc filed its initial SEC registration (Form ADV)
    Dec 19, 2013 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
Business email
info@mscm.netreportedpublished by the firm, firm site, Sep 17, 2026
Business phone
214-922-9200reportedpublished by the firm, firm site, Sep 17, 2026
Firm profile
linkedin.com/company/mcelhenny-sheffield-capital-managementreportedpublic record, Form ADV, Sep 17, 2026
Website
mscm.netreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
214-922-9200reportedpublic record, Form ADV, Jul 14, 2026
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$94.7Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026