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

Titleist Asset Management, LLC

Independent wealth managerSan Antonio, TexasCRD 323567SEC 801-126953websiteIAPD
Latest filing Sep 8, 2026
First filing on the tape Oct 27, 2022 · 38 filings
SEC status approved since Nov 25, 2022
RAUM
$2.7B
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
94%
$2.5B individuals and HNW
Advisors
44
registered through the firm on IAPD
RAUM per advisor
$60.3M
derived; firm RAUM over IAPD count
Employees
41
25 advisory (5.B.1)
Offices
16
beyond the principal office
Private funds
0
reported on Schedule D
History
38 filings and snapshots on the tape
RAUM$2.7B as of Aug 27, 2026
Mar 31, 2023$960M then
HNW client RAUM$1.4B as of Aug 27, 2026
Mar 31, 2023$403M then
State-registered IARs (5.B.3)34 as of Aug 27, 2026
Mar 31, 202326 then
Employees (5.A)41 as of Aug 27, 2026
Mar 31, 202332 then
Private funds: no history
RAUM +28% over the last fiscal year+40% a year over threeIARs 32 to 34offices 14 to 16
Practice profile
derived from the filing of Sep 8, 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
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$60.3MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
43derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.3MderivedHNW RAUM over HNW clients
Average account
$464,600derivedRAUM over accounts (5.F.2.f)
Discretionary
99%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
0.9derivedItem 5.A over advisors
Advisors per office
2.6derived17 offices incl. principal (1.F.5)
RAUM growth, one year
+28%derivedbetween the last two annual amendments
Advisor growth, one year
+6.3%derivedItem 5.B.3 between annual amendments
Client growth, one year
+4.2%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 5.G
Wrap fee program
$392MreportedItem 5.I
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
  • is an insurance broker or agent (6.A.6)
  • 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$1.4B52%
  • Individuals$1.1B42%
  • Corporations and businesses$157M5.9%
Individual clients
857reported
HNW clients
1,048reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
5,715reported
Financial planning clients
251-500reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.94 fund_share=0.0 institutional_share=0.0 related_bd=true related_bank=false bd_reps=26.0derived
Advisors registered through the firm
39 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Christopher RawsonCertified Financial PlannerSan Antonio, Tx Mar 1, 202324 y2
Maria Adriana ValenciaSan Antonio, Tx Mar 2, 202322 y2
Joe-Ben O'BanionSan Antonio, TxMar 24, 202328 y0
Scott Lake BransonAustin, Tx Apr 14, 202336 y2
Neil Howard KalbSan Antonio, TxApr 17, 202329 y2
Russell Clark KingSan Antonio, Tx Apr 17, 202323 y2
Jeromy Austin WhiteWebster, Tx Apr 17, 202322 y2
Richard Michael JuddCertified Financial Planner, Chartered Financial ConsultantAustin, Tx Apr 17, 202326 y3
Srdjan BlumCertified Financial PlannerSan Antonio, Tx Apr 17, 202322 y2
Andrew Vanbibber BrawleyDripping Springs, Tx Apr 17, 202329 y4
Alan Christopher KepplerSan Antonio, Tx Apr 18, 202316 y3
Willis Augustus FawcettSan Antonio, Tx Apr 18, 202318 y1
David Leo SmidebushSan Antonio, Tx Apr 20, 202316 y1
Marc Benedict MarquezThe Woodlands, Tx Aug 15, 202325 y3
Christopher Jason MannCertified Financial PlannerSan Antonio, Tx Jan 19, 202432 y5
Marc Allen YorkSan Antonio, Tx Feb 16, 202425 y2
Justin Loyd BradyNacogdoches, Tx Feb 26, 202422 y1
Trenton LeffingwellSan Antonio, Tx May 23, 202413 y2
Roy Bryan BlyCertified Financial PlannerSan Antonio, Tx Sep 12, 202411 y1
Katarina Gabriella PartalasSan Antonio, Tx Sep 30, 202413 y1
Christian Andrew AmsberrySan Francisco, Ca Oct 28, 202419 y5
Russell Roy FranquesCorus Christi, Tx Dec 2, 202410 y2
Rachel Irvin WhitwellSan Antonio, Tx Jan 8, 202518 y4
Cameron Luke BlakeSan Antonio, TxFeb 4, 202514 y0
Katie KepplerCertified Financial PlannerDallas, Tx Feb 18, 202513 y3
Carlos Giovanni CastorenaSan Antonio, TxAug 20, 202511 y1
Penny Prewitt JonesCertified Financial PlannerSan Antonio, Tx Sep 12, 202511 y2
Camden Grey ElliottThe Woodlands, Tx Sep 16, 202511 y0
Chase Matthew O'BanionSan Antonio, TxOct 6, 202513 y2
Frank Henry BullingerWitchita Falls, Tx Oct 27, 202525 y2
Ann Beth BarhamSan Antonio, TxOct 31, 202517 y1
Adam Mark EisenhauerSan Antonio, Tx Nov 7, 202527 y6
Lee M DanielsCertified Financial PlannerSan Antonio, Tx Feb 2, 202622 y4
Matthew Carter NerzChartered Financial AnalystSan Antonio, Tx Feb 2, 202612 y1
William David AlfordSan Antonio, TxMay 7, 202610 y6
Justin Tyler WagnerSan Antonio, Tx Jun 2, 202610 y2
Lisa Marie AlvaradoSan Antonio, TxJul 31, 202625 y6
Christopher Terrence JenningsCertified Financial PlannerSan Antonio, Tx Aug 4, 202610 y2
Thomas Edward MooreCertified Financial PlannerSan Antonio, TxAug 12, 202614 y3
Advisor movement
2 left, 12 joined in 12 months
net +10 in 12 months1 left in 90 days3 joined in 90 daysdeparture rate 4.5% of current headcount7 left over 36 months
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
Teams outTeams in
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • James Stephen Coulter · Chief Executive Officer And Chief Investment Strategistcontrol
    since 09/2025 · owns less than 5%
  • Lucien Byron Fields · Managing Partnercontrol
    since 08/2022 · owns 50% to 75%
  • Joe-Ben O'Banion · Managing Partnercontrol
    since 08/2022 · owns 25% to 50%
  • Howard Neil Kalb · Partner
    since 08/2022 · owns less than 5%
  • Clark Russell King · Partner
    since 08/2022 · owns 5% to 10%
  • Joseph Gery Sadzewicz · Chief Compliance Officer
    since 02/2023 · owns less than 5%
Related persons
Schedule D 7.A
Advisers that list Titleist Asset Management, LLC as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
San Antonio, Tx · principal44121
The Woodlands, Tx610
Austin, Tx500
Dallas, Tx410
Webster, Tx200
Houston, Tx220
Plano, Tx000
Edmund, Ok001
Offices
Schedule D 1.F, the 25 largest
  • The Woodlands, TX5 employees
  • Austin, TX2 employees
  • The Woodlands, TX2 employees
  • Edmund, OK1 employees
  • Nacogdoches, TX1 employees
  • Plano, TX1 employees
  • San Francisco, CA1 employees
  • Webster, TX1 employees
  • , 1 employees
  • Dallas, TX1 employees
  • Dripping Springs, TX1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • control person changedChange between filings · filing Sep 8, 2026
    COULTER, STEPHEN, JAMES (CHIEF EXECUTIVE OFFICER AND CHIEF INVESTMENT STRATEGIST) appeared on Schedule A between the filings of 2023-02-28 and 2026-09-08
    peers: independent wealth managers, $1B to $5B (1,360)
How anomalies are measured
What changed
consecutive filings, newest first
  • Financial planning clients · 251-500 to 251-500
    Aug 27, 2026 to Sep 8, 2026
  • Other offices · 15 to 16
    Aug 27, 2026 to Sep 8, 2026
  • Succession · false to unset
    Aug 27, 2026 to Sep 8, 2026
  • Related insurance company · false to true
    Mar 27, 2026 to Jun 30, 2026
  • Accounts · 4,813 to 5,715
    Jan 23, 2026 to Mar 27, 2026
  • Advisory employees · 32 to 25
    Jan 23, 2026 to Mar 27, 2026
  • BD registered reps · 15 to 26
    Jan 23, 2026 to Mar 27, 2026
  • Corporate clients · 48 to 42
    Jan 23, 2026 to Mar 27, 2026
  • HNW clients · 882 to 1,048
    Jan 23, 2026 to Mar 27, 2026
  • Individual clients · 722 to 857
    Jan 23, 2026 to Mar 27, 2026
  • Employees · 32 to 41
    Jan 23, 2026 to Mar 27, 2026
  • Insurance-licensed employees · 0 to 1
    Jan 23, 2026 to Mar 27, 2026
  • Financial planning clients · 101-250 to 251-500
    Jan 23, 2026 to Mar 27, 2026
  • State-registered IARs · 32 to 34
    Jan 23, 2026 to Mar 27, 2026
  • Discretionary RAUM · $2.4B to $2.6B
    Jan 23, 2026 to Mar 27, 2026
  • HNW RAUM · $1.3B to $1.4B
    Jan 23, 2026 to Mar 27, 2026
  • Individual RAUM · $1.0B to $1.1B
    Jan 23, 2026 to Mar 27, 2026
  • Non-discretionary RAUM · $24.3M to $33.2M
    Jan 23, 2026 to Mar 27, 2026
  • RAUM · $2.4B to $2.7B
    Jan 23, 2026 to Mar 27, 2026
  • Accounts · 4,574 to 4,813
    Jul 31, 2025 to Nov 5, 2025
  • Corporate clients · 46 to 48
    Jul 31, 2025 to Nov 5, 2025
  • HNW clients · 1,006 to 882
    Jul 31, 2025 to Nov 5, 2025
  • Individual clients · 823 to 722
    Jul 31, 2025 to Nov 5, 2025
  • Other offices · 14 to 15
    Jul 31, 2025 to Nov 5, 2025
  • Discretionary RAUM · $2.0B to $2.4B
    Jul 31, 2025 to Nov 5, 2025
  • HNW RAUM · $1.1B to $1.3B
    Jul 31, 2025 to Nov 5, 2025
  • Individual RAUM · $876M to $1.0B
    Jul 31, 2025 to Nov 5, 2025
  • Non-discretionary RAUM · $26.1M to $24.3M
    Jul 31, 2025 to Nov 5, 2025
  • RAUM · $2.1B to $2.4B
    Jul 31, 2025 to Nov 5, 2025
  • Financial planning clients · 101-250 to 101-250
    Mar 31, 2025 to Jul 31, 2025
  • Accounts · 4,687 to 4,574
    Dec 11, 2024 to Mar 31, 2025
  • Advisory employees · 18 to 32
    Dec 11, 2024 to Mar 31, 2025
  • BD registered reps · 14 to 15
    Dec 11, 2024 to Mar 31, 2025
  • Corporate clients · 30 to 46
    Dec 11, 2024 to Mar 31, 2025
  • HNW clients · 859 to 1,006
    Dec 11, 2024 to Mar 31, 2025
  • Individual clients · 703 to 823
    Dec 11, 2024 to Mar 31, 2025
  • Employees · 27 to 32
    Dec 11, 2024 to Mar 31, 2025
  • Insurance-licensed employees · 1 to 0
    Dec 11, 2024 to Mar 31, 2025
  • State-registered IARs · 5 to 32
    Dec 11, 2024 to Mar 31, 2025
  • Other offices · 11 to 14
    Dec 11, 2024 to Mar 31, 2025
Signals
15 dated events
  • Randall Wayne Fowler left Titleist Asset Management, Llc for Concurrent Investment Advisors, Llc (registered 2026-03-02)
    Jul 24, 2026 · Advisor changed firm · fact
  • 2 advisors left Park Avenue Securities LLC (Houston, TX) for Titleist Asset Management, LLC on the same day
    Feb 17, 2026 · Team lift-out · derived
  • Hayden Benjamin Brown left Titleist Asset Management, Llc for H.B. Brown Financial Advising, Llc (registered 2026-01-14)
    Nov 13, 2025 · Advisor changed firm · fact
  • Titleist Asset Management, Llc reported 32 state-registered advisory representatives, up from 5 (2024-12-11 to 2025-03-31)
    Mar 31, 2025 · Advisor headcount change · derived
  • Enrique Araiza left Titleist Asset Management, Llc for U.S. Capital Wealth Advisors, Llc (registered 2025-01-22)
    Jan 21, 2025 · Advisor changed firm · fact
  • Alan Graff left Titleist Asset Management, Llc for Opal Capital Llc (registered 2023-03-17)
    Jan 2, 2025 · Advisor changed firm · fact
  • Austin Merle Graff left Titleist Asset Management, Llc for Opal Capital Llc (registered 2025-01-01)
    Jan 2, 2025 · Advisor changed firm · fact
  • 2 advisors left Titleist Asset Management, LLC (San Antonio, TX) for Opal Capital LLC on the same day
    Jan 2, 2025 · Team lift-out · derived
  • Titleist Asset Management, Llc reported RAUM $2.0B, up 41% from $1.4B (2024-10-28 to 2024-11-12)
    Nov 12, 2024 · RAUM change · derived
  • Mark Koellner left Titleist Asset Management, Llc for Steelpeak Wealth, Llc (registered 2024-07-25)
    Aug 14, 2024 · Advisor changed firm · fact
  • Titleist Asset Management, Llc reported 5 state-registered advisory representatives, down from 26 (2024-02-26 to 2024-03-29)
    Mar 29, 2024 · Advisor headcount change · derived
  • Titleist Asset Management, Llc reported RAUM $1.4B, up 46% from $960.5M (2024-02-26 to 2024-03-29)
    Mar 29, 2024 · RAUM change · derived
  • Adam Denton Prewett left Titleist Asset Management, Llc for Cambridge Investment Research Advisors, Inc. (registered 2024-01-29)
    Feb 27, 2024 · Advisor changed firm · fact
  • Titleist Capital, LLC's advisors moved to Titleist Asset Management, LLC (San Antonio, TX): 6 of 7 registered, on the same day
    Aug 8, 2023 · Firm absorbed (people side) · derived
  • Titleist Wealth Management, Llc filed its initial SEC registration (Form ADV)
    Oct 27, 2022 · 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
Firm profile
linkedin.com/company/titleistassetmanagementreportedpublic record, Form ADV, Sep 17, 2026
Website
titleistadvisornetwork.comreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
210-826-2424reportedpublic record, Form ADV, Sep 8, 2026
Contact form
titleistadvisornetwork.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
Team page
titleistadvisornetwork.com/meet-the-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
$60.3Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026