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•••• F••••• W•••••• L••

Independent wealth managerFriendswood, TexasCRD 327332SEC 801-128585websiteIAPD
Latest filing Mar 23, 2026
First filing on the tape Jul 18, 2023 · 8 filings
SEC status approved since Aug 18, 2023
RAUM
$257M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$257M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$64.2M
derived; firm RAUM over IAPD count
Employees
7
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
8 filings and snapshots on the tape
RAUM$257M as of Mar 23, 2026
Mar 20, 2024$215M then
HNW client RAUM$40.7M as of Mar 23, 2026
Mar 20, 2024$148M then
State-registered IARs (5.B.3)3 as of Mar 23, 2026
Mar 20, 20242 then
Employees (5.A)7 as of Mar 23, 2026
Mar 20, 20245 then
Private funds: no history
RAUM +12% over the last fiscal yearIARs 3 to 3
Practice profile
derived from the filing of Mar 23, 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
  • Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$64.2MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
268derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.4MderivedHNW RAUM over HNW clients
Average account
$239,274derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.8derivedItem 5.A over advisors
Advisors per office
4.0derived1 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
+195%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consultingreportedItem 5.G
Wrap fee program
$257MreportedItem 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
  • 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
  • Individuals$216M84%
  • High-net-worth individuals$40.7M16%
Individual clients
1,060reported
HNW clients
12reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
1,074reported
Financial planning clients
251-500reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
H••••• B•••• H•••••Certified Financial PlannerFriendswood, TxOct 3, 202320 y2
S•••• H••••• B••••••Friendswood, TxOct 6, 202326 y2
K•••••• A••••• C•••••Friendswood, TxFeb 7, 202511 y2
M•••••• B••• S•••••Friendswood, TxJan 23, 202611 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
Teams: two or more advisors moving together within fourteen days, from one state
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • H•••••• H•••••• B•••• · Principal And Chief Compliance Officercontrol
    since 07/2023 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Friendswood, Tx · principal410
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
4 against comparable advisers; where to look, not conclusions
  • unusually high clients per advisorStatic outlier · filing Mar 23, 2026
    private clients per advisor of 268.0 against a peer median of 57.3 (3076 comparable advisers, 99.0th percentile, 6.0 robust deviations)
    peers: independent wealth managers, $100M to $500M (3,076) · 99% percentile
  • client count surgeChange between filings · filing Mar 23, 2026
    individual and HNW clients (Item 5.D) moved from 363.0 to 1,072.0 (+195.0%) between the annual amendments of 2025-02-26 and 2026-03-23; the peer median change was +3.0% (3309 comparable advisers, 100.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (3,309) · 100% percentile
  • business activity changedChange between filings · filing Mar 23, 2026
    selection of other advisers (Item 5.G.7): yes on the filing of 2025-02-26, no on the filing of 2026-03-23
    peers: independent wealth managers, $100M to $500M (5,678)
  • HNW share shiftChange between filings · filing Mar 23, 2026
    HNW share of RAUM moved from 36.0% to 16.0% between the annual amendments of 2025-02-26 and 2026-03-23
    peers: independent wealth managers, $100M to $500M (5,678)
What changed
consecutive filings, newest first
  • Accounts · 975 to 1,074
    Feb 26, 2025 to Mar 23, 2026
  • Advisory activities · 4 to 3
    Feb 26, 2025 to Mar 23, 2026
  • HNW clients · 44 to 12
    Feb 26, 2025 to Mar 23, 2026
  • Individual clients · 319 to 1,060
    Feb 26, 2025 to Mar 23, 2026
  • Employees · 6 to 7
    Feb 26, 2025 to Mar 23, 2026
  • Discretionary RAUM · $225M to $256M
    Feb 26, 2025 to Mar 23, 2026
  • HNW RAUM · $82.9M to $40.7M
    Feb 26, 2025 to Mar 23, 2026
  • Individual RAUM · $146M to $216M
    Feb 26, 2025 to Mar 23, 2026
  • Non-discretionary RAUM · $3.8M to $1.2M
    Feb 26, 2025 to Mar 23, 2026
  • RAUM · $229M to $257M
    Feb 26, 2025 to Mar 23, 2026
  • Accounts · 992 to 975
    May 1, 2024 to Feb 26, 2025
  • Advisory employees · 2 to 3
    May 1, 2024 to Feb 26, 2025
  • HNW clients · 65 to 44
    May 1, 2024 to Feb 26, 2025
  • Individual clients · 243 to 319
    May 1, 2024 to Feb 26, 2025
  • Employees · 5 to 6
    May 1, 2024 to Feb 26, 2025
  • Financial planning clients · 0 to 251-500
    May 1, 2024 to Feb 26, 2025
  • State-registered IARs · 2 to 3
    May 1, 2024 to Feb 26, 2025
  • Discretionary RAUM · $215M to $225M
    May 1, 2024 to Feb 26, 2025
  • HNW RAUM · $148M to $82.9M
    May 1, 2024 to Feb 26, 2025
  • Individual RAUM · $67.0M to $146M
    May 1, 2024 to Feb 26, 2025
  • Non-discretionary RAUM · $0 to $3.8M
    May 1, 2024 to Feb 26, 2025
  • RAUM · $215M to $229M
    May 1, 2024 to Feb 26, 2025
  • Accounts · 997 to 992
    Dec 20, 2023 to Mar 20, 2024
  • Charity clients · 1.0 to unset
    Dec 20, 2023 to Mar 20, 2024
  • HNW clients · 62 to 65
    Dec 20, 2023 to Mar 20, 2024
  • Individual clients · 241 to 243
    Dec 20, 2023 to Mar 20, 2024
  • Employees · 4 to 5
    Dec 20, 2023 to Mar 20, 2024
  • Discretionary RAUM · $203M to $215M
    Dec 20, 2023 to Mar 20, 2024
  • HNW RAUM · $138M to $148M
    Dec 20, 2023 to Mar 20, 2024
  • Individual RAUM · $64.6M to $67.0M
    Dec 20, 2023 to Mar 20, 2024
  • RAUM · $203M to $215M
    Dec 20, 2023 to Mar 20, 2024
  • Accounts · 0 to 997
    Aug 10, 2023 to Dec 15, 2023
  • Business name · S•• F•••••••• S•••••••• L•• to T•••• F••••• W•••••• L••
    Aug 10, 2023 to Dec 15, 2023
  • Charity clients · unset to 1.0
    Aug 10, 2023 to Dec 15, 2023
  • HNW clients · unset to 62.0
    Aug 10, 2023 to Dec 15, 2023
  • Individual clients · unset to 241.0
    Aug 10, 2023 to Dec 15, 2023
  • Legal name · S•• F•••••••• S•••••••• L•• to T•••• F••••• W•••••• L••
    Aug 10, 2023 to Dec 15, 2023
  • Discretionary RAUM · $0 to $203M
    Aug 10, 2023 to Dec 15, 2023
  • HNW RAUM · unset to 138001341.0
    Aug 10, 2023 to Dec 15, 2023
  • Individual RAUM · unset to 64614407.0
    Aug 10, 2023 to Dec 15, 2023
Signals
2 dated events
  • 2 advisors left R•••••• J•••• F•••••••• S••••••• A•••••••• I•• (Friendswood, TX) for T•••• F••••• W•••••• L•• on the same day
    Oct 3, 2023 · Team lift-out · derived
  • S•• F•••••••• S•••••••• L•• filed its initial SEC registration (Form ADV)
    Jul 18, 2023 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
How to reach
public business contact points only, each with its source
Business phone
281-482-3100reportedpublished by the firm, firm site, Sep 17, 2026
Firm profile
linkedin.com/company/texas-family-wealthreportedpublic record, Form ADV, Sep 19, 2026
Website
t•••••••••.comreportedpublic record, Form ADV, Sep 19, 2026
Principal office phone
(281) 482-3100reportedpublic record, Form ADV, Mar 23, 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
$64.2Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026