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.

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SEC-registered adviser

T••••• C•••• W••••• A•••••••• L••

Independent wealth managerDallas, TexasCRD 322998SEC 801-127123websiteIAPD
Latest filing Aug 5, 2026
First filing on the tape Dec 1, 2022 · 23 filings
SEC status approved since Jan 3, 2023
RAUM
$2.8B
reported, Item 5.F
Discretionary
96%
of RAUM
Private clients
85%
$2.3B individuals and HNW
Advisors
17
registered through the firm on IAPD
RAUM per advisor
$162M
derived; firm RAUM over IAPD count
Employees
26
20 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
6
reported on Schedule D
History
23 filings and snapshots on the tape
RAUM$2.8B as of Aug 5, 2026
Mar 28, 2024$906M then
HNW client RAUM$2.3B as of Aug 5, 2026
Mar 28, 2024$793M then
State-registered IARs (5.B.3)17 as of Aug 5, 2026
Mar 28, 202416 then
Employees (5.A)26 as of Aug 5, 2026
Mar 28, 202419 then
Private funds6 as of Aug 5, 2026
Mar 28, 20242 then
RAUM +107% over the last fiscal yearIARs 18 to 17
Practice profile
derived from the filing of Aug 5, 2026; every figure names its basis
Archetypes, each a printed rule
  • RIA with heavy alternatives · a wealth manager whose private fund gross assets are at least 25 percent of RAUM, or five or more private funds
  • ria with p•••••• funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
  • uhnw p•••••• 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
$162MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
6derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$22.6MderivedHNW RAUM over HNW clients
Average account
$1.9MderivedRAUM over accounts (5.F.2.f)
Discretionary
96%derivedof RAUM
Institutional
11%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
4.3derived4 offices incl. principal (1.F.5)
RAUM growth, one year
+107%derivedbetween the last two annual amendments
Advisor growth, one year
-5.6%derivedItem 5.B.3 between annual amendments
Client growth, one year
+32%derived
Compensation
percentage of assets, fixed fees, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, selection of other advisers, publications, educational seminars, otherreportedItem 5.G
Custody
$1.6B, 96 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$2.3B85%
  • Charitable organizations$293M11%
  • Pooled investment vehicles$75.4M2.7%
  • Corporations and businesses$42.3M1.5%
Individual clients
0reported
HNW clients
104reported
Pension plan clients
0reported
Charitable clients
26reported
Accounts
1,435reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$1.6B for 96 clientsreported
Compensation
% of AUM, fixed, performancereported
Class basis
private_client_share=0.85 fund_share=0.03 institutional_share=0.11 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
17 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
D••• L•••••••• C••••Austin, Tx Jan 6, 202317 y4
B••••••• G•••••• C•••••Dallas, TxJan 6, 202312 y0
M••••• E••••Dallas, TxMar 1, 202315 y2
W••••• D•• W•••••Chartered Financial AnalystDallas, TxMar 1, 202310 y2
E•••• D••••• C••••Dallas, TxMar 1, 202316 y2
G•••••• S•••• K•••Dallas, Tx Mar 1, 202321 y5
E••• S••••• M••••Austin, Tx Mar 1, 202318 y5
E••• S•••• R•••••San Antonio, Tx Mar 1, 202310 y2
L••••••• A••••• G••••••Chartered Financial ConsultantDallas, TxMar 1, 202337 y7
R•••••• W• J••••••Certified Financial PlannerDallas, TxMar 2, 202325 y6
A••• L••••• M•••••Dallas, TxMar 29, 202318 y4
J••• J••••• R•••••Chartered Financial AnalystDallas, TxJul 14, 202315 y0
D•••• S•••• S••••Chartered Financial AnalystDallas, TxJan 24, 202434 y0
A••• V•••••• L••••••Dallas, TxApr 19, 202411 y0
J• M•••••• N••••••Houston, Tx Oct 8, 202426 y7
M•••• G•••••••• H•••••San Antonio, Tx Jan 22, 202611 y2
M••••• I•••• M••••Dallas, TxMar 9, 202610 y1
Advisor movement
0 left, 2 joined in 12 months
net +2 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount1 left over 36 months
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
Private funds
6 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
T•• B• P••••• L••$36.8M67Aug 5, 2026
T••• E•••••••• G••• L••P•••••• Equity Fund$20.6M0Mar 28, 2024
T••••• C•••• C••••• F••• I• L•$11.4M45Aug 5, 2026
T••• T••••• L••P•••••• Equity Fund$3.1M16Mar 28, 2024
T•• A•••••• L••$925,69473Aug 5, 2026
T•• P••••••••• L••$607,8144Aug 5, 2026
Owners and control persons
Schedule A and B, latest filing
  • C•••••• B•••••••• G•••••• · Chief Compliance Officer, Elected Managercontrol
    since 07/2022 · owns less than 5%
  • C••••• D•••• L•••••••• · Chief Operating Officer, Elected Managercontrol
    since 09/2022 · owns less than 5%
  • E••••• M••••• · Chief Compliance Officercontrol
    since 01/2026 · owns less than 5%
  • K•••• G••••••• S•••• · Co-Chief Investment Officer, Elected Managercontrol
    since 09/2022 · owns less than 5%
  • M•••••• A•••• L••••• · Chief Executive Officer, Elected Managercontrol
    since 03/2023 · owns less than 5%
  • B••••• J•••• V••••• · General Partnercontrol
    since 06/2022 · owns F of M••••••••• T• M••••••••• P•••••••
  • B••••• M•••••••• L•• M••••• · Trusteecontrol
    since 03/2006 · owns F of M••••••• L•• M••••• 2••• L••••••• T••••
  • B•••••••• T•••••• S• · General Partnercontrol
    since 06/2022 · owns F of M••••••••• T• M••••••••• P•••••••
  • F••••••••• M•••••••• M••••••• · Ownercontrol
    since 12/2006 · owns 25% to 50% of 2••• L•
  • M•••••••• J•••• A•••••••• · Trusteecontrol
    since 10/2017 · owns F of J••• A• M•••••••• J•• R•••••••• L••••• T••••
  • M•••••••• K•••• L••••• · Owner And Managercontrol
    since 02/2016 · owns 75% or more of T••••• I••••••••• L••
  • M•••••••• K•••• L••••• · Ownercontrol
    since 09/2022 · owns 25% to 50% of S••• C•••• W••••• M••••••••• L••
  • M•••••••• K•••• L••••• · Owner And Managercontrol
    since 04/1999 · owns 75% or more of K•• O•• P••••••••• L••
  • M•••••• D••••• B• · Trusteecontrol
    since 09/2022 · owns F of D•••• B•••• M••••• 2••• T••••
  • M•••••• K•••• D•••• · Trusteecontrol
    since 10/2014 · owns F of K••• M••••• F••••• 2••• T••••
  • M••••• L••••• H• · General Partnercontrol
    since 06/2022 · owns F of M••••••••• T• M••••••••• P•••••••
  • N••••••••• M•••••••• M••••••• · Ownercontrol
    since 12/2006 · owns 25% to 50% of 2••• L•
  • S•••• D•••• G••••• · General Partnercontrol
    since 06/2022 · owns 50% to 75% of M••••••••• T• M••••••••• P•••••••
  • S•••• D•••• G••••• · Ownercontrol
    since 09/1997 · owns 75% or more of M••••••••• I••••••••• C•••••••••
  • M•••••• C••••••• L••• · Owner
    since 09/2022 · owns 5% to 10%
  • R•••••• J•••• J••••• · Chief Investment Officer
    since 07/2023 · owns less than 5%
  • S••••• D••••• S•••• · Chief Market Strategist
    since 01/2024 · owns less than 5%
Entity owners
  • 2••• L• · Owner
    indirect · owns 25% to 50% of S••• C•••• W••••• M••••••••• L••
  • D••• G••••• O••• F••••••••• · General Partner
    indirect · owns F of M••••••••• T• M••••••••• P•••••••
  • F•••• F•••••••• B••••••••• I••• · Owner
    indirect · owns 75% or more of F•••• F•••••••• T•••• • A•••• M••••••••• C••••••• N••• · public reporting company
  • F•••• F•••••••• T•••• • A•••• M••••••••• C••••••• N••• · Trustee
    indirect · owns F of W••• R••••••• M••••••• R•••••••• T•••• N•• 1•
  • J••• A• M•••••••• J•• R•••••••• L••••• T•••• · Owner
    indirect · owns 25% to 50% of S••• C•••• W••••• M••••••••• L••
  • K•• O•• P••••••••• L•• · General Partner
    indirect · owns F of 2••• L•
  • M••••••••• I••••••••• C••••••••• · General Partner
    indirect · owns F of M••••••••• T• M••••••••• P•••••••
  • T••••• I••••••••• L•• · Elected Manager
    indirect · owns F of S••• C•••• W••••• M••••••••• L••
  • W••• R••••••• M••••••• R•••••••• T•••• N•• 1• · Owner
    indirect · owns 25% to 50% of 2••• L•
  • D•••• B•••• M••••• 2••• T•••• · Owner
    direct · owns 10% to 25%
  • K••• M••••• F••••• 2••• T•••• · Owner
    direct · owns 10% to 25%
  • M••••••••• T• M••••••••• · Owner
    direct · owns 10% to 25%
  • M••••••••• T• M••••••••• P••••••• · Owner
    direct · owns 10% to 25%
  • M••••••• L•• M••••• 2••• L••••••• · Owner
    direct · owns 10% to 25%
  • M••••••• L•• M••••• 2••• L••••••• T•••• · Owner
    direct · owns 10% to 25%
  • S••• C•••• W••••• M••••••••• · Owner
    direct · owns 10% to 25%
  • S••• C•••• W••••• M••••••••• L•• · Owner
    direct · owns 10% to 25%
Related persons
Schedule D 7.A
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Dallas, Tx · principal1720
Austin, Tx300
San Antonio, Tx210
Offices
Schedule D 1.F, the 25 largest
  • Austin, TX3 employees
  • Houston, TX2 employees
  • San Antonio, TX2 employees
ADV anomalies
17 against comparable advisers; where to look, not conclusions
  • control person changedChange between filings · filing Aug 5, 2026
    B•••••••• T•••••• S• (GENERAL PARTNER) left Schedule A between the filings of 2024-03-28 and 2026-08-05
    peers: independent wealth managers, $1B to $5B (1,362)
  • control person changedChange between filings · filing Aug 5, 2026
    M•••••• D••••• B• (TRUSTEE) left Schedule A between the filings of 2024-03-28 and 2026-08-05
    peers: independent wealth managers, $1B to $5B (1,362)
  • control person changedChange between filings · filing Aug 5, 2026
    S•••• D•••• G••••• (GENERAL PARTNER) left Schedule A between the filings of 2024-03-28 and 2026-08-05
    peers: independent wealth managers, $1B to $5B (1,362)
  • control person changedChange between filings · filing Aug 5, 2026
    C•••••• B•••••••• G•••••• (CHIEF COMPLIANCE OFFICER, ELECTED MANAGER) left Schedule A between the filings of 2024-03-28 and 2026-08-05
    peers: independent wealth managers, $1B to $5B (1,362)
  • control person changedChange between filings · filing Aug 5, 2026
    N••••••••• M•••••••• M••••••• (OWNER) left Schedule A between the filings of 2024-03-28 and 2026-08-05
    peers: independent wealth managers, $1B to $5B (1,362)
  • control person changedChange between filings · filing Aug 5, 2026
    M••••• L••••• H• (GENERAL PARTNER) left Schedule A between the filings of 2024-03-28 and 2026-08-05
    peers: independent wealth managers, $1B to $5B (1,362)
  • control person changedChange between filings · filing Aug 5, 2026
    B••••• J•••• V••••• (GENERAL PARTNER) left Schedule A between the filings of 2024-03-28 and 2026-08-05
    peers: independent wealth managers, $1B to $5B (1,362)
  • control person changedChange between filings · filing Aug 5, 2026
    E••••• M••••• (CHIEF COMPLIANCE OFFICER) appeared on Schedule A between the filings of 2024-03-28 and 2026-08-05
    peers: independent wealth managers, $1B to $5B (1,362)
  • control person changedChange between filings · filing Aug 5, 2026
    K•••• G••••••• S•••• (CO-CHIEF INVESTMENT OFFICER, ELECTED MANAGER) left Schedule A between the filings of 2024-03-28 and 2026-08-05
    peers: independent wealth managers, $1B to $5B (1,362)
  • control person changedChange between filings · filing Aug 5, 2026
    F••••••••• M•••••••• M••••••• (OWNER) left Schedule A between the filings of 2024-03-28 and 2026-08-05
    peers: independent wealth managers, $1B to $5B (1,362)
  • control person changedChange between filings · filing Aug 5, 2026
    B••••• M•••••••• L•• M••••• (TRUSTEE) left Schedule A between the filings of 2024-03-28 and 2026-08-05
    peers: independent wealth managers, $1B to $5B (1,362)
  • control person changedChange between filings · filing Aug 5, 2026
    M•••••• K•••• D•••• (TRUSTEE) left Schedule A between the filings of 2024-03-28 and 2026-08-05
    peers: independent wealth managers, $1B to $5B (1,362)
  • control person changedChange between filings · filing Aug 5, 2026
    M•••••••• K•••• L••••• (OWNER AND MANAGER) left Schedule A between the filings of 2024-03-28 and 2026-08-05
    peers: independent wealth managers, $1B to $5B (1,362)
  • control person changedChange between filings · filing Aug 5, 2026
    M•••••••• J•••• A•••••••• (TRUSTEE) left Schedule A between the filings of 2024-03-28 and 2026-08-05
    peers: independent wealth managers, $1B to $5B (1,362)
  • RAUM up 50 %Change between filings · filing Apr 20, 2026
    RAUM (Item 5.F) moved from $1,333,873,097 to $2,757,918,120 (+107.0%) between the annual amendments of 2025-03-26 and 2026-04-20; the peer median change was +17.0% (1298 comparable advisers, 98.0th percentile of changes)
    peers: independent wealth managers, $1B to $5B (1,298) · 98% percentile
  • p•••••• fund count surgeChange between filings · filing Apr 20, 2026
    private funds (Schedule D 7.B.1) moved from 4.0 to 6.0 (+50.0%) between the annual amendments of 2025-03-26 and 2026-04-20; the peer median change was 0.0% (126 comparable advisers, 92.0th percentile of changes)
    peers: independent wealth managers, $1B to $5B (126) · 92% percentile
  • account count surgeChange between filings · filing Apr 20, 2026
    accounts (Item 5.F.2.f) moved from 747.0 to 1,435.0 (+92.0%) between the annual amendments of 2025-03-26 and 2026-04-20; the peer median change was +6.0% (1206 comparable advisers, 95.0th percentile of changes)
    peers: independent wealth managers, $1B to $5B (1,206) · 95% percentile
What changed
consecutive filings, newest first
  • Other offices · 4 to 3
    Jan 30, 2026 to Apr 20, 2026
  • Accounts · 838 to 1,435
    Oct 17, 2025 to Jan 30, 2026
  • Charity clients · 11 to 26
    Oct 17, 2025 to Jan 30, 2026
  • Corporate clients · 6 to 4
    Oct 17, 2025 to Jan 30, 2026
  • HNW clients · 87 to 104
    Oct 17, 2025 to Jan 30, 2026
  • Pooled vehicle clients · 4 to 6
    Oct 17, 2025 to Jan 30, 2026
  • Assets in custody · $796M to $1.6B
    Oct 17, 2025 to Jan 30, 2026
  • Private funds · 4 to 6
    Oct 17, 2025 to Jan 30, 2026
  • Discretionary RAUM · $1.6B to $2.6B
    Oct 17, 2025 to Jan 30, 2026
  • HNW RAUM · $1.4B to $2.3B
    Oct 17, 2025 to Jan 30, 2026
  • Non-discretionary RAUM · $93.0M to $110M
    Oct 17, 2025 to Jan 30, 2026
  • Pooled vehicle RAUM · $22.6M to $75.4M
    Oct 17, 2025 to Jan 30, 2026
  • RAUM · $1.7B to $2.8B
    Oct 17, 2025 to Jan 30, 2026
  • Advisory employees · 19 to 20
    Aug 4, 2025 to Oct 17, 2025
  • Employees · 20 to 26
    Aug 4, 2025 to Oct 17, 2025
  • State-registered IARs · 18 to 17
    Aug 4, 2025 to Oct 17, 2025
  • Financial planning clients · unset to
    May 5, 2025 to Jul 7, 2025
  • Accounts · 747 to 838
    Mar 26, 2025 to May 5, 2025
  • Charity clients · 8 to 11
    Mar 26, 2025 to May 5, 2025
  • Corporate clients · 5 to 6
    Mar 26, 2025 to May 5, 2025
  • HNW clients · 79 to 87
    Mar 26, 2025 to May 5, 2025
  • Assets in custody · $410M to $796M
    Mar 26, 2025 to May 5, 2025
  • Other offices · 3 to 4
    Mar 26, 2025 to May 5, 2025
  • Discretionary RAUM · $1.2B to $1.6B
    Mar 26, 2025 to May 5, 2025
  • HNW RAUM · $1.1B to $1.4B
    Mar 26, 2025 to May 5, 2025
  • Non-discretionary RAUM · $117M to $93.0M
    Mar 26, 2025 to May 5, 2025
  • Pooled vehicle RAUM · $22.6M to $22.6M
    Mar 26, 2025 to May 5, 2025
  • RAUM · $1.3B to $1.7B
    Mar 26, 2025 to May 5, 2025
  • Accounts · 496 to 747
    Dec 2, 2024 to Mar 26, 2025
  • Advisory employees · 17 to 19
    Dec 2, 2024 to Mar 26, 2025
  • Charity clients · 7 to 8
    Dec 2, 2024 to Mar 26, 2025
  • Corporate clients · 4 to 5
    Dec 2, 2024 to Mar 26, 2025
  • HNW clients · 73 to 79
    Dec 2, 2024 to Mar 26, 2025
  • Pooled vehicle clients · 2 to 4
    Dec 2, 2024 to Mar 26, 2025
  • Assets in custody · $668M to $410M
    Dec 2, 2024 to Mar 26, 2025
  • Employees · 19 to 20
    Dec 2, 2024 to Mar 26, 2025
  • State-registered IARs · 16 to 18
    Dec 2, 2024 to Mar 26, 2025
  • Private funds · 2 to 4
    Dec 2, 2024 to Mar 26, 2025
  • Discretionary RAUM · $801M to $1.2B
    Dec 2, 2024 to Mar 26, 2025
  • HNW RAUM · $793M to $1.1B
    Dec 2, 2024 to Mar 26, 2025
Signals
10 dated events
  • T••••• C•••• W••••• A•••••••• L•• reported RAUM $2.8B, up 61% from $1.7B (2025-10-17 to 2026-01-30)
    Jan 30, 2026 · RAUM change · derived
  • P••••• R••• T••••••••• left T••••• C•••• W••••• A•••••••• L•• for W•••• F•••• A••••••• (registered 2025-09-03)
    Sep 2, 2025 · Advisor changed firm · fact
  • T••••• C•••• W••••• A•••••••• L•• reported RAUM $1.7B, up 28% from $1.3B (2025-03-26 to 2025-05-05)
    May 5, 2025 · RAUM change · derived
  • T••••• C•••• W••••• A•••••••• L•• reported RAUM $1.3B, up 47% from $905.6M (2024-12-02 to 2025-03-26)
    Mar 26, 2025 · RAUM change · derived
  • T••••• C•••• W••••• A•••••••• L•• reported RAUM $905.6M, up 305% from $223.5M (2024-03-12 to 2024-03-28)
    Mar 28, 2024 · RAUM change · derived
  • T••••• C•••• W••••• A•••••••• L•• reported 12 state-registered advisory representatives, up from 0 (2022-12-07 to 2023-05-02)
    May 2, 2023 · Advisor headcount change · derived
  • L••••• A••• M••••• (Chief Executive Officer, Elected Manager) appeared on Schedule A of T••••• C•••• W••••• A•••••••• L••
    May 2, 2023 · Control person joined · fact
  • Reynolds Watt Matthews (Elected Manager) no longer on Schedule A of T••••• C•••• W••••• A•••••••• L•• (listed 2022-12-07, absent 2023-05-02)
    May 2, 2023 · Control person left · inference
  • T••••• C•••• W••••• A•••••••• L•• filed its initial SEC registration (Form ADV)
    Dec 1, 2022 · ria f•••• adv filing · fact
  • 8 advisors left T•••• C•••••• B••• P•••••• W••••• A••••••• (Dallas, TX) for T••••• C•••• W••••• A•••••••• L•• on the same day
    Jun 30, 2022 · Team lift-out · derived
Across DFX
shared identifiers only, never a name match
How to reach
public business contact points only, each with its source
Business phone
210-265-8190reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
214-214-3110reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
512-601-0155reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
linkedin.com/company/turtle-creek-wealth-advisors-llcreportedpublic record, Form ADV, Sep 18, 2026
Website
turtlecreekwealth.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
214-214-3110reportedpublic record, Form ADV, Aug 5, 2026
Contact form
turtlecreekwealth.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
Team page
turtlecreekwealth.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
$162Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026