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
Alpha Capital Management
Legal name B&T Capital Management, Incorporated
Latest filing Mar 31, 2026
First filing on the tape Mar 29, 2012 · 28 filings
SEC status approved since Nov 21, 2002
RAUM
$871M
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
98%
$850M individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$145M
derived; firm RAUM over IAPD count
Employees
9
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
28 filings and snapshots on the tape
RAUM$871M as of Mar 31, 2026
Mar 29, 2012$382M then
HNW client RAUM$766M as of Mar 31, 2026
Feb 16, 2018$260M then
State-registered IARs (5.B.3)5 as of Mar 31, 2026
Mar 7, 20134 then
Employees (5.A)9 as of Mar 31, 2026
Mar 7, 20135 then
Private funds: no history
RAUM +14% over the last fiscal year+16% a year over threeIARs 5 to 5
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
Archetypes, each a printed rule
- 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
- $145MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 77derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.8MderivedHNW RAUM over HNW clients
- Average account
- $662,181derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 99%derivedof RAUM
- Institutional
- 2.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.5derivedItem 5.A over advisors
- Advisors per office
- 6.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +14%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +8.2%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
- Custody
- $535M, 350 clientsreportedItem 9.A
- 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)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$766M88%
- Individuals$83.8M9.6%
- Charitable organizations$21.6M2.5%
- Individual clients
- 261reported
- HNW clients
- 201reported
- Pension plan clients
- n/areported
- Charitable clients
- 6reported
- Accounts
- 1,316reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- $535M for 350 clientsreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.98 fund_share=0.0 institutional_share=0.02 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
6 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Michael Terence TurnerChartered Financial Analyst | Austin, Tx | Jul 30, 2002 | 24 y | 0 |
| Buddie Cloys BallardChartered Financial Analyst | Austin, Tx | Sep 19, 2002 | 39 y | 1 |
| Raymond William Bergman | Austin, Tx | Nov 9, 2009 | 19 y | 1 |
| Darren Mark AndersonChartered Financial Analyst | Austin, Tx | Feb 20, 2019 | 10 y | 0 |
| Adrian Patricia BurczewskiCertified Financial Planner | Austin, Tx | Feb 25, 2022 | 11 y | 0 |
| Gabrielle Kathryne Hebert | Austin, Tx | Oct 16, 2024 | 13 y | 0 |
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
Left, latest
- Bryan Wilkinson Lester to MarinerSep 20, 2022 · RIA to affiliated broker-dealer or bank
- Jessica Moller Forrest to Coyle Capital, LLCJun 1, 2018 · RIA to RIA
- Jeffery Albert Ready to Td Ameritrade Investment Management, LLCJun 1, 2012 · Other
- Brandon Edward White to Yale Capital Corp.Oct 24, 2011 · Other
- Brandon Thomas Perry to Perry Investment Management, LLCSep 9, 2009 · Other
- Richard James Archer to Archer Investment ManagementApr 15, 2008 · Other
Joined, latest
- Bryan Wilkinson Lester from Herbert J. Sims Capital Management, Inc.Aug 7, 2018 · RIA to RIA
- Jeffery Albert Ready from South Texas Money Management, Ltd.Sep 13, 2010 · Other
- Raymond William Bergman from Serco Investments Inc.Nov 9, 2009 · Other
- Brandon Edward White from Merrill Lynch, Pierce, Fenner & Smith IncorporatedFeb 27, 2007 · Other
- Brandon Thomas Perry from Ameriprise Financial Services, LLCFeb 7, 2007 · Other
- Richard James Archer from Waterstreet Investment Consultants, LLCOct 17, 2005 · Other
- Buddie Cloys Ballard from Wells Fargo AdvisorsSep 19, 2002 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Cloys Buddie Ballard · Managing Partnercontrolsince 09/2002 · owns 50% to 75%
- Terence Michael Turner · Managing Partner / Chief Compliance Officercontrolsince 06/2002 · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Austin, Tx · principal | 6 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 1,234 to 1,316Feb 25, 2025 to Mar 31, 2026
- Advisory employees · 6 to 5Feb 25, 2025 to Mar 31, 2026
- Charity clients · 5 to 6Feb 25, 2025 to Mar 31, 2026
- Corporate clients · 0.0 to unsetFeb 25, 2025 to Mar 31, 2026
- HNW clients · 175 to 201Feb 25, 2025 to Mar 31, 2026
- Individual clients · 252 to 261Feb 25, 2025 to Mar 31, 2026
- Pension plan clients · 0.0 to unsetFeb 25, 2025 to Mar 31, 2026
- Pooled vehicle clients · 0.0 to unsetFeb 25, 2025 to Mar 31, 2026
- Assets in custody · $469M to $535MFeb 25, 2025 to Mar 31, 2026
- Employees · 7 to 9Feb 25, 2025 to Mar 31, 2026
- Discretionary RAUM · $761M to $863MFeb 25, 2025 to Mar 31, 2026
- HNW RAUM · $661M to $766MFeb 25, 2025 to Mar 31, 2026
- Individual RAUM · $85.4M to $83.8MFeb 25, 2025 to Mar 31, 2026
- Non-discretionary RAUM · $5.6M to $8.2MFeb 25, 2025 to Mar 31, 2026
- Pension RAUM · 0.0 to unsetFeb 25, 2025 to Mar 31, 2026
- Pooled vehicle RAUM · 0.0 to unsetFeb 25, 2025 to Mar 31, 2026
- RAUM · $766M to $871MFeb 25, 2025 to Mar 31, 2026
- Accounts · 1,142 to 1,234Feb 12, 2024 to Feb 25, 2025
- Advisory employees · 4 to 6Feb 12, 2024 to Feb 25, 2025
- HNW clients · 153 to 175Feb 12, 2024 to Feb 25, 2025
- Individual clients · 258 to 252Feb 12, 2024 to Feb 25, 2025
- Assets in custody · $411M to $469MFeb 12, 2024 to Feb 25, 2025
- Financial planning clients · 0 to 0Feb 12, 2024 to Feb 25, 2025
- State-registered IARs · 4 to 5Feb 12, 2024 to Feb 25, 2025
- Discretionary RAUM · $667M to $761MFeb 12, 2024 to Feb 25, 2025
- HNW RAUM · $568M to $661MFeb 12, 2024 to Feb 25, 2025
- Individual RAUM · $85.7M to $85.4MFeb 12, 2024 to Feb 25, 2025
- Non-discretionary RAUM · $5.5M to $5.6MFeb 12, 2024 to Feb 25, 2025
- RAUM · $673M to $766MFeb 12, 2024 to Feb 25, 2025
- Accounts · 1,131 to 1,142Jun 13, 2023 to Feb 12, 2024
- HNW clients · 157 to 153Jun 13, 2023 to Feb 12, 2024
- Individual clients · 253 to 258Jun 13, 2023 to Feb 12, 2024
- Assets in custody · $347M to $411MJun 13, 2023 to Feb 12, 2024
- Employees · 5 to 7Jun 13, 2023 to Feb 12, 2024
- Financial planning clients · unset to 0Jun 13, 2023 to Feb 12, 2024
- Discretionary RAUM · $560M to $667MJun 13, 2023 to Feb 12, 2024
- HNW RAUM · $473M to $568MJun 13, 2023 to Feb 12, 2024
- Individual RAUM · $73.9M to $85.7MJun 13, 2023 to Feb 12, 2024
- Non-discretionary RAUM · $4.4M to $5.5MJun 13, 2023 to Feb 12, 2024
- RAUM · $564M to $673MJun 13, 2023 to Feb 12, 2024
Signals
4 dated events
- Bryan Wilkinson Lester left Alpha Capital Management for Mariner (registered 2022-10-05)Sep 20, 2022 · Advisor changed firm · fact
- Alpha Capital Management reported RAUM $674.6M, up 30% from $518.4M (2021-11-19 to 2022-02-09)Feb 9, 2022 · RAUM change · derived
- Alpha Capital Management reported RAUM $518.4M, up 29% from $401.3M (2021-01-07 to 2021-02-08)Feb 8, 2021 · RAUM change · derived
- Alpha Capital Management reported RAUM $401.3M, down 26% from $543.2M (2019-03-29 to 2020-03-02)Mar 2, 2020 · RAUM change · derived
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 phone
- 512-322-9318reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 512-221-2447reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 512-322-9364reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- linkedin.com/company/alpha-capital-managementreportedpublic record, Form ADV, Sep 17, 2026
- Website
- ALPHACAPM.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 512-322-9318reportedpublic record, Form ADV, Mar 31, 2026
- Team page
- ALPHACAPM.COM/teamreportedpublished by the firm, firm site, Sep 15, 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
- $145Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026