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

Sendero Wealth Management, LLC

Independent wealth managerSan Antonio, TexasCRD 145594SEC 801-68572websiteIAPD
Latest filing Mar 26, 2026
First filing on the tape Mar 30, 2012 · 43 filings
SEC status approved since Nov 30, 2007
RAUM
$6.5B
reported, Item 5.F
Discretionary
34%
of RAUM
Private clients
56%
$3.7B individuals and HNW
Advisors
21
registered through the firm on IAPD
RAUM per advisor
$310M
derived; firm RAUM over IAPD count
Employees
41
19 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
43 filings and snapshots on the tape
RAUM$6.5B as of Mar 26, 2026
Mar 30, 2012$1.8B then
HNW client RAUM$3.6B as of Mar 26, 2026
Mar 29, 2018$879M then
State-registered IARs (5.B.3)20 as of Mar 26, 2026
Mar 28, 201313 then
Employees (5.A)41 as of Mar 26, 2026
Mar 28, 201327 then
Private funds: no history
RAUM +12% over the last fiscal year+18% a year over threeIARs 20 to 20offices 3 to 2
Practice profile
derived from the filing of Mar 26, 2026; every figure names its basis
Archetypes, each a printed rule
  • Dual wealth and asset manager · private-client share 20 to 60 percent and fund or institutional share at least 30 percent
  • UHNW private wealth · private-client share at least 50 percent, HNW at least 90 percent of private-client RAUM, and average HNW client assets at least $10M
RAUM per advisor
$310MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
16derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$16.1MderivedHNW RAUM over HNW clients
Average account
$3.3MderivedRAUM over accounts (5.F.2.f)
Discretionary
34%derivedof RAUM
Institutional
42%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
7.0derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+12%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+6.4%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisers, educational seminarsreportedItem 5.G
Custody
$957M, 142 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • 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$3.6B56%
  • Charitable organizations$2.7B41%
  • Corporations and businesses$132M2.0%
  • Individuals$38.5M0.6%
  • Pension and profit-sharing plans$6.3M0.1%
  • State and municipal entities$1.3M0.0%
Individual clients
105reported
HNW clients
226reported
Pension plan clients
3reported
Charitable clients
26reported
Accounts
1,948reported
Financial planning clients
51-100reported
Wrap fee programs
noreported
Custody of client assets
$957M for 142 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.56 fund_share=0.0 institutional_share=0.42 related_bd=true related_bank=false bd_reps=13.0derived
Advisors registered through the firm
21 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Frederick Warren MiddletonSan Antonio, TxDec 5, 200739 y1
Scott Rogers McmillianCertified Financial PlannerSan Antonio, TxJan 25, 200831 y1
Tara Danette MaxwellSan Antonio, TxJan 25, 200827 y1
Elizabeth Flavin CrawfordSan Antonio, TxMay 22, 201214 y0
Edward Austin HartSan Antonio, TxJun 8, 201226 y0
Amaury J De Barros ContiSan Antonio, TxAug 30, 201229 y0
Elizabeth Anne Buckthal ChiltonChartered Financial AnalystSan Antonio, TxDec 23, 201411 y0
Richard Tyler DaviesSan Antonio, TxJul 23, 201525 y1
Ariel PalomoSan Antonio, TxApr 15, 201921 y0
Rodrigo Lopez CarrilloSan Antonio, TxJun 10, 201913 y1
Gregory Edward MuensterSan Antonio, TxDec 16, 202033 y2
Julie K GerronChartered Financial AnalystSan Antonio, TxAug 10, 202324 y2
Lee Anne PrzybylaCertified Financial PlannerSan Antonio, TxJan 24, 202425 y5
Stephen Foster BellSan Antonio, TxFeb 29, 202417 y1
Eric Michael GallardoSan Antonio, TxApr 18, 202414 y1
Jared Lynn HuntSan Antonio, TxApr 25, 202411 y1
George Harry WatsonSan Antonio, TxApr 23, 202522 y2
Jake Tyler CarlyleSan Antonio, TxMay 12, 202512 y0
Edwin Charles KreuselChartered Financial AnalystSan Antonio, TxJul 7, 202529 y4
Thomas Olan YagerChartered Financial ConsultantSan Antonio, TxJul 7, 202512 y2
Laura Frances CantuSan Antonio, TxAug 11, 202512 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 headcount6 left over 36 months
Left, latest
Joined, latest
Every departureEvery arrival
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Guder Kristina Craig · Cfocontrol
    since 03/2022 · owns less than 5%
  • Flavin Elizabeth Crawford · Chief Executive Officercontrol
    since 08/2017 · owns less than 5%
  • K Julie Gerron · Chief Compliance Officercontrol
    since 04/2023 · owns less than 5%
  • Austin Edward Hart · Chairmancontrol
    since 08/2017 · owns less than 5%
  • Rogers Scott Mcmillian · Chairmancontrol
    since 05/2007 · owns less than 5%
  • Robert Ian Sale · President And Coocontrol
    since 10/2025 · owns less than 5%
Entity owners
  • Sendero Partners, LLC · Sole Member
    direct · owns 75% or more
Related persons
Schedule D 7.A
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
San Antonio, Tx · principal2100
Austin, Tx000
Offices
Schedule D 1.F, the 25 largest
  • Boerne, TX2 employees
  • Austin, TX1 employees
  • Chicago, IL1 employees
ADV anomalies
2 against comparable advisers; where to look, not conclusions
  • control person changedChange between filings · filing Mar 26, 2026
    SALE, IAN, ROBERT (PRESIDENT AND COO) appeared on Schedule A between the filings of 2023-05-10 and 2026-03-26
    peers: independent wealth managers, $5B to $20B (289)
  • control person changedChange between filings · filing Mar 26, 2026
    MCMILLIAN, SCOTT, ROGERS (CHAIRMAN) left Schedule A between the filings of 2023-05-10 and 2026-03-26
    peers: independent wealth managers, $5B to $20B (289)
How anomalies are measured
What changed
consecutive filings, newest first
  • Accounts · 1,842 to 1,948
    Sep 11, 2025 to Mar 26, 2026
  • Advisory employees · 18 to 19
    Sep 11, 2025 to Mar 26, 2026
  • BD registered reps · 12 to 13
    Sep 11, 2025 to Mar 26, 2026
  • Charity clients · 25 to 26
    Sep 11, 2025 to Mar 26, 2026
  • Corporate clients · 7 to 8
    Sep 11, 2025 to Mar 26, 2026
  • HNW clients · 209 to 226
    Sep 11, 2025 to Mar 26, 2026
  • Individual clients · 102 to 105
    Sep 11, 2025 to Mar 26, 2026
  • Pension plan clients · 1 to 3
    Sep 11, 2025 to Mar 26, 2026
  • Assets in custody · $993M to $957M
    Sep 11, 2025 to Mar 26, 2026
  • Employees · 42 to 41
    Sep 11, 2025 to Mar 26, 2026
  • Other offices · 3 to 2
    Sep 11, 2025 to Mar 26, 2026
  • Discretionary RAUM · $1.9B to $2.2B
    Sep 11, 2025 to Mar 26, 2026
  • HNW RAUM · $3.3B to $3.6B
    Sep 11, 2025 to Mar 26, 2026
  • Individual RAUM · $34.7M to $38.5M
    Sep 11, 2025 to Mar 26, 2026
  • Non-discretionary RAUM · $3.9B to $4.3B
    Sep 11, 2025 to Mar 26, 2026
  • Pension RAUM · $3.8M to $6.3M
    Sep 11, 2025 to Mar 26, 2026
  • RAUM · $5.8B to $6.5B
    Sep 11, 2025 to Mar 26, 2026
  • Financial planning clients · 51-100 to 51-100
    Mar 20, 2025 to Jul 22, 2025
  • Accounts · 1,757 to 1,842
    Dec 19, 2024 to Mar 20, 2025
  • Advisory employees · 14 to 18
    Dec 19, 2024 to Mar 20, 2025
  • Charity clients · 28 to 25
    Dec 19, 2024 to Mar 20, 2025
  • Corporate clients · 6 to 7
    Dec 19, 2024 to Mar 20, 2025
  • HNW clients · 186 to 209
    Dec 19, 2024 to Mar 20, 2025
  • Individual clients · 105 to 102
    Dec 19, 2024 to Mar 20, 2025
  • Pension plan clients · unset to 1.0
    Dec 19, 2024 to Mar 20, 2025
  • Assets in custody · $728M to $993M
    Dec 19, 2024 to Mar 20, 2025
  • Employees · 36 to 42
    Dec 19, 2024 to Mar 20, 2025
  • State-registered IARs · 14 to 20
    Dec 19, 2024 to Mar 20, 2025
  • Discretionary RAUM · $1.1B to $1.9B
    Dec 19, 2024 to Mar 20, 2025
  • HNW RAUM · $2.9B to $3.3B
    Dec 19, 2024 to Mar 20, 2025
  • Individual RAUM · $32.1M to $34.7M
    Dec 19, 2024 to Mar 20, 2025
  • Non-discretionary RAUM · $4.1B to $3.9B
    Dec 19, 2024 to Mar 20, 2025
  • Pension RAUM · $3.5M to $3.8M
    Dec 19, 2024 to Mar 20, 2025
  • RAUM · $5.2B to $5.8B
    Dec 19, 2024 to Mar 20, 2025
  • Other offices · 2 to 3
    Apr 2, 2024 to Nov 18, 2024
  • Accounts · 1,517 to 1,757
    May 10, 2023 to Mar 22, 2024
  • Advisory employees · 17 to 14
    May 10, 2023 to Mar 22, 2024
  • BD registered reps · 11 to 12
    May 10, 2023 to Mar 22, 2024
  • Charity clients · 24 to 28
    May 10, 2023 to Mar 22, 2024
  • Corporate clients · 0 to 6
    May 10, 2023 to Mar 22, 2024
Signals
17 dated events
  • Matthew Andrew Thompson left Sendero Wealth Management, Llc for Frost Investment Services (registered 2025-04-29)
    Apr 3, 2025 · Advisor changed firm · fact
  • Gloria Cisneros left Sendero Wealth Management, Llc for Sanctuary Advisors, Llc (registered 2025-07-14)
    Apr 3, 2025 · Advisor changed firm · fact
  • Todd Christopher Wnuk left Sendero Wealth Management, Llc for Vanguard Advisers, Inc. (registered 2025-07-03)
    Mar 26, 2025 · Advisor changed firm · fact
  • George Harry Watson left Sendero Wealth Management, Llc for Capital Creek Partners (registered 2024-04-18)
    Mar 22, 2024 · Advisor changed firm · fact
  • Sendero Wealth Management, Llc reported RAUM $5.2B, up 33% from $3.9B (2023-05-10 to 2024-03-22)
    Mar 22, 2024 · RAUM change · derived
  • Alan Nataniel Gonzalez left Sendero Wealth Management, Llc for Captrust (registered 2024-04-19)
    Dec 11, 2023 · Advisor changed firm · fact
  • Camille Jayde Svitek left Sendero Wealth Management, Llc for Prime Capital Financial (registered 2023-10-02)
    Sep 29, 2023 · Advisor changed firm · fact
  • K Julie Gerron (Chief Compliance Officer) appeared on Schedule A of Sendero Wealth Management, Llc
    May 10, 2023 · Control person joined · fact
  • Gayle Lisa Kahn-Smith (Chief Compliance Officer) no longer on Schedule A of Sendero Wealth Management, Llc (listed 2022-03-31, absent 2022-11-02)
    Nov 2, 2022 · Control person left · inference
  • Sendero Wealth Management, Llc reported RAUM $4.3B, up 74% from $2.5B (2021-04-22 to 2022-03-31)
    Mar 31, 2022 · RAUM change · derived
  • Kaye Lori Darchicourt (Cfo) no longer on Schedule A of Sendero Wealth Management, Llc (listed 2021-04-22, absent 2022-03-31)
    Mar 31, 2022 · Control person left · inference
  • Nmn Kristina Craig (Cfo And Coo) appeared on Schedule A of Sendero Wealth Management, Llc
    Mar 31, 2022 · Control person joined · fact
  • Warren Frederick Middleton (Chairman - Emeritus) no longer on Schedule A of Sendero Wealth Management, Llc (listed 2020-07-09, absent 2020-09-04)
    Sep 4, 2020 · Control person left · inference
  • Sendero Wealth Management, Llc reported RAUM $2.1B, up 35% from $1.5B (2020-02-21 to 2020-03-30)
    Mar 30, 2020 · RAUM change · derived
  • Kaye Lori Darchicourt (Cfo) appeared on Schedule A of Sendero Wealth Management, Llc
    Feb 21, 2020 · Control person joined · fact
  • Johnson Julie Lewis (Vice President, Chief Financial Officer) no longer on Schedule A of Sendero Wealth Management, Llc (listed 2019-04-22, absent 2020-02-21)
    Feb 21, 2020 · Control person left · inference
  • Sendero Wealth Management, Llc reported RAUM $1.2B, up 44% from $852.0M (2018-02-07 to 2018-03-29)
    Mar 29, 2018 · 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 email
sendero@sendero.comreportedpublished by the firm, firm site, Sep 15, 2026
Business phone
210-739-1818reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
512-549-2246reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
210-805-0171reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
LINKEDIN.COM/COMPANY/SENDEROWEALTHMANAGEMENTreportedpublic record, Form ADV, Sep 17, 2026
Website
SENDERO.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
210-805-0171reportedpublic record, Form ADV, Mar 26, 2026
Contact form
SENDERO.COM/contactreportedpublished by the firm, firm site, Sep 15, 2026
Team page
SENDERO.COM/peoplereportedpublished 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
$310Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026