1900 Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, and selecting other managers. Financial planning was provided to 1–10 clients last fiscal year. The firm advises 12 private funds.
1900 Wealth Management reports 496 clients. They include 230 high-net-worth individuals, 224 individual clients and 31 charitable organizations. Of its assets, 100.0% ($3.07B across 1,067 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 45% | 3% |
| High-net-worth individuals | 46% | 54% |
| Banking or thrift institutions | Fewer than 5 | 28% |
| Pooled investment vehicles | 2% | 3% |
| Charitable organizations | 6% | 12% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 224 | $78.8M | 2.6% | $352K |
| High-net-worth individuals | 230 | $1.66B | 54.2% | $7.23M |
| Banking or thrift institutions | Fewer than 5 | $857M | 27.9% | — |
| Pooled investment vehicles | 11 | $89.4M | 2.9% | $8.12M |
| Charitable organizations | 31 | $382M | 12.4% | $12.3M |
| Total | 496 | $3.07B | 100% | — |
- Clients
- 224
- Regulatory AUM
- $78.8M
- AUM share
- 2.6%
- Avg. per client
- $352K
- Clients
- 230
- Regulatory AUM
- $1.66B
- AUM share
- 54.2%
- Avg. per client
- $7.23M
- Clients
- Fewer than 5
- Regulatory AUM
- $857M
- AUM share
- 27.9%
- Avg. per client
- —
- Clients
- 11
- Regulatory AUM
- $89.4M
- AUM share
- 2.9%
- Avg. per client
- $8.12M
- Clients
- 31
- Regulatory AUM
- $382M
- AUM share
- 12.4%
- Avg. per client
- $12.3M
Total
- Clients
- 496
- Regulatory AUM
- $3.07B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 12
- Financial planning clients last fiscal year
- 1–10
1900 Wealth Management charges 0.45%–0.95% a year for its Wealth Management Fees. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and has a $7,500 annual minimum. The brochure also prices 3 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$2M | 0.95% |
| $2M–$5M | 0.75% |
| $5M–$10M | 0.60% |
| $10M and above | 0.45% |
Fee details and sources
Other fees
- Consulting Services
- Negotiated as a percentage of assets under management or as a flat fee, on a payment frequency set for each relationship.
- Financial Planning
- A typical financial plan fee is $1,500, billed in arrears after the engagement and possibly higher for complex situations.
- Tax Planning Consulting
- Negotiated hourly at $350 an hour, billed in arrears; a typical engagement is 3 to 6 hours and generally does not exceed $2,000.
Jefferson Bank owns 75% or more of 1900 Wealth Management and is in turn owned by Jefferson Bancshares, Inc. (75% or more). The leadership team of 1900 Wealth Management includes President Todd Brockwell and Chief Compliance Officer Richard Dullnig. It has 22 employees, 20 of them in advisory roles.
Leadership
- Todd BrockwellPresident
- Richard DullnigChief Compliance Officer
- Teri GrubbDirector of Operations & Client Experience
- Andrew LewisDirector
- Paul McSweenDirector
Investment adviser representatives
18 representatives listed in the SEC register as of 9 October 2026.
- Jacob Hudson Allison
- Melissa Torres Anderson MRS
- Todd Lee Brockwell
- Charles Curtis Dodd Jr
- Jessica Driscoll Drought
- Richard Rolle Dullnig
- Miles Taylor Fuquay
- Stephen R Hernandez
- Hannah Allison Jones
- Robert Boyd Jones
- Christopher Tobin Kardys
- Austin Brannon Kroll
- Matthew Robert Richter
- Mary Mullins Romanczuk
- Caroline McSween Satel
- Michael Ray Sierra
- James Michael Sulester JR
- Joseph Velazquez
Staff
- 22 employees
- 20 in advisory functions
- 18 state-registered reps
- Owns 75% or more of 1900 Wealth Management LLC
Jefferson Bank
Control person · since July 2015
- Owns 75% or more of Jefferson Bank
Jefferson Bancshares, Inc.
Control person · since August 2015
1900 Wealth Management’s regulatory assets grew 2.3× from $1.32B (June 2021) to $3.07B (August 2026); clients rose from 247 to 496 and employees from 7 to 22.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| August 2026 | $3.07B | 496 | 22 | 3 |
| June 2025 | $2.27B | 448 | 13 | 3 |
| July 2024 | $1.87B | 390 | 12 | 2 |
| July 2023 | $1.56B | 351 | 9 | 2 |
| March 2022 | $1.61B | 289 | 7 | 1 |
| June 2021 | $1.32B | 247 | 7 | 1 |
Besides its headquarters, 1900 Wealth Management has 2 offices, with 3 listed addresses in Texas.
Texas · 3 listed addresses
- 1900 Broadway, Suite 900, San AntonioHQ
- 1717 W 6th Street, Austin
- 371 North Main Street, Boerne
Contact and registration details
- Legal name
- 1900 Wealth Management LLC
- Headquarters
- 1900 Broadway, Suite 900, San Antonio, TX 78215
- Website
- 1900wealth.com
- Phone
- 210-736-7770
- @1900-wealth
- SEC file
- 801-105469
- Structure
- Texas LLC
- Fiscal year end
- December
1900 Wealth Management uses Charles Schwab ($2.1B, 72%) and Fifth Third Securities ($829M, 28%) as custodians for its separately managed accounts. 1900 Wealth Management has custody of $829M in client assets for 1 client.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $2.1B72%
- Fifth Third SecuritiesFifth Third Securities, Inc. · Cincinnati, OH · $829M28%
At year end, 1900 Wealth Management’s separately managed accounts were mostly in funds (63%) and cash (18%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.8B across 312 positions; the largest are SPDR Series Trust (29.6%), Pgim ETF TR (8.3%) and Victory Portfolios II (5.0%).
What the accounts hold
- Stocks5%
- Funds63%
- Registered funds54%
- Pooled vehicles9%
- Bonds14%
- U.S. government and agency bonds9%
- State and local bonds4%
- Investment grade corporate bonds1%
- Cash18%
Reported 13F holdings
- $1.8B
- Reported 13F value
- 312
- Positions
- 62.7%
- In the 10 largest
- +15.3%
- Value vs. prior quarter
- SPDR Series Trust · ST Str P500etf29.6%
- Pgim ETF TR · Aaa Clo ETF8.3%
- Victory Portfolios II · Core Plus BD ETF5.0%
- J P Morgan Exchange Traded F · Municipal ETF3.8%
- Dimensional ETF Trust · US Equi Mark ETF3.5%
- SPDR Series Trust · ST Str P400mid2.9%
- iShares TR · Core S&P500 ETF2.9%
- iShares TR · MSCI USA Mmentm2.5%
- iShares TR · MSCI USA Qlt Fct2.3%
- Vanguard Tax-managed Fds · Van FTSE Dev Mkt1.8%
Together, the ten largest are 62.7% of reported value.
How many clients does 1900 Wealth Management have?
1900 Wealth Management has 496 clients and manages $3.07 billion for them, as of August 2026. They include 230 high-net-worth individuals, 224 individual clients and 31 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 20 August 2026
What services does 1900 Wealth Management offer?
1900 Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does 1900 Wealth Management charge?
1900 Wealth Management charges 0.45%–0.95% a year for its Wealth Management Fees. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and has a $7,500 annual minimum.
Which custodians does 1900 Wealth Management use?
1900 Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $2.1B and Fifth Third Securities, Inc. (Cincinnati, OH), with $829M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 20 August 2026
How many financial advisors does 1900 Wealth Management have?
1900 Wealth Management has 18 investment adviser representatives registered with state securities authorities, out of 22 employees, and 20 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does 1900 Wealth Management invest in?
At the end of its last fiscal year, 1900 Wealth Management’s separately managed accounts held 54% registered funds (mutual funds, ETFs, BDCs), 18% cash and equivalents, 9% U.S. government and agency bonds, 9% pooled vehicles (private funds and similar), 5% exchange-traded equities, 4% state and local bonds and 1% investment grade corporate bonds. It advises 12 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns 1900 Wealth Management?
1900 Wealth Management is owned through a holding company by Jefferson Bancshares, Inc. Its direct owner is Jefferson Bank (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 20 August 2026
How does 1900 Wealth Management get paid?
1900 Wealth Management is paid through a percentage of assets under management, hourly charges, fixed fees, performance-based fees and other compensation. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is 1900 Wealth Management registered with the SEC?
Yes, 1900 Wealth Management has been registered with the SEC as an investment adviser since 2 September 2015. Its CRD number is 175346 and its SEC file number is 801-105469.
Source: Form ADV Part 1A, Item 1, filed 20 August 2026; IAPD firm record
How do I contact 1900 Wealth Management?
1900 Wealth Management’s main office is at 1900 Broadway, Suite 900, San Antonio, TX 78215. Its phone number is 210-736-7770. Its website is 1900wealth.com.