Sendero Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, and educational seminars. Financial planning was provided to 51–100 clients last fiscal year.
Sendero Wealth Management reports 369 clients. They include 226 high-net-worth individuals, 105 individual clients and 26 charitable organizations. Of its assets, 34.0% ($2.22B across 1,314 accounts) are managed with discretion; $4.29B across 634 accounts are not. It advised 1 client without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 28% | <1% |
| High-net-worth individuals | 61% | 56% |
| Pension and profit-sharing plans | <1% | <1% |
| Charitable organizations | 7% | 41% |
| State or municipal government entities | <1% | <1% |
| Other client typesCorporations and other businesses | 2% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 105 | $38.5M | 0.6% | $366K |
| High-net-worth individuals | 226 | $3.63B | 55.8% | $16.1M |
| Pension and profit-sharing plans | Fewer than 5 | $6.29M | 0.1% | $2.1M |
| Charitable organizations | 26 | $2.7B | 41.5% | $104M |
| State or municipal government entities | Fewer than 5 | $1.31M | 0.0% | $1.31M |
| Corporations and other businesses | 8 | $132M | 2.0% | $16.4M |
| Total | 369 | $6.51B | 100% | — |
- Clients
- 105
- Regulatory AUM
- $38.5M
- AUM share
- 0.6%
- Avg. per client
- $366K
- Clients
- 226
- Regulatory AUM
- $3.63B
- AUM share
- 55.8%
- Avg. per client
- $16.1M
- Clients
- Fewer than 5
- Regulatory AUM
- $6.29M
- AUM share
- 0.1%
- Avg. per client
- $2.1M
- Clients
- 26
- Regulatory AUM
- $2.7B
- AUM share
- 41.5%
- Avg. per client
- $104M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.31M
- AUM share
- 0.0%
- Avg. per client
- $1.31M
- Clients
- 8
- Regulatory AUM
- $132M
- AUM share
- 2.0%
- Avg. per client
- $16.4M
Total
- Clients
- 369
- Regulatory AUM
- $6.51B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
Sendero Wealth Management charges 1.00%–1.50% a year for its Advisory Fees. The fee is billed in advance.
Fee details and sources
Sendero Partners, LLC owns 75% or more of Sendero Wealth Management. Elizabeth Crawford is CEO; the leadership team includes President Ian Sale and Chief Compliance Officer Julie Gerron. It has 41 employees, 19 of them in advisory roles.
Staff
- 41 employees
- 19 in advisory functions
- 20 state-registered reps
- 13 broker-dealer reps
- 2 soliciting firms
- Owns 75% or more of Sendero Wealth Management, LLC
Sendero Partners, LLC
Control person · since August 2012
Sendero Wealth Management’s regulatory assets grew 2.7× from $2.45B (April 2021) to $6.51B (March 2026); clients rose from 225 to 369 and employees from 29 to 41.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $6.51B | 369 | 41 | 3 |
| Jul 2025July 2025 | $5.82B | 344 | 42 | 4 |
| Apr 2024April 2024 | $5.22B | 325 | 36 | 3 |
| May 2023May 2023 | $3.93B | 294 | 37 | 2 |
| Mar 2022March 2022 | $4.26B | 259 | 30 | 1 |
| Apr 2021April 2021 | $2.45B | 225 | 29 | 1 |
Besides its headquarters, Sendero Wealth Management has 2 offices, with 3 listed addresses in 1 state.
Texas · 3 listed addresses
- 250 W. Nottingham, Suite 300, San AntonioHQ
- 1580 South Main Street, Boerne
- 200 Congress Avenue, Austin
Contact and registration details
- Legal name
- Sendero Wealth Management, LLC
- Headquarters
- 250 W. Nottingham, Suite 300, San Antonio, TX 78209
- Website
- sendero.com
- Phone
- 210-805-0171
- @senderowealthmanagement
- SEC file
- 801-68572
- Structure
- Texas LLC
- Fiscal year end
- December
Sendero Wealth Management’s named custodians for separately managed accounts are Pershing ($4.49B, 86%) and Bofa Securities ($751M, 14%). Sendero Wealth Management has custody of $957M for 142 clients.
- PershingPershing LLC · Jersey City, NJ · $4.49B86%
- Bofa SecuritiesBofa Securities, Inc. · New York, NY · $751M14%
At year end, Sendero Wealth Management’s separately managed accounts were largely in stocks (46%) and funds (46%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1B across 209 positions; the largest are Vanguard Index Fds (21.4%), 2023 ETF Series Trust (9.3%) and American Beacon Select Funds (6.9%).
What the accounts hold
- Stocks46%
- Funds46%
- Registered funds35%
- Pooled vehicles11%
- Bonds4%
- Cash4%
How many clients does Sendero Wealth Management have?
Sendero Wealth Management has 369 clients and manages $6.51 billion for them, as of March 2026. They include 226 high-net-worth individuals, 105 individual clients and 26 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 26 March 2026
What services does Sendero Wealth Management offer?
Sendero Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Sendero Wealth Management charge?
Sendero Wealth Management charges 1.00%–1.50% a year for its Advisory Fees. The fee is billed in advance.
Source: SENDERO WEALTH - FORM ADV PART 2A BROCHURE - AUGUST 2020, filed 23 March 2026
Which custodians does Sendero Wealth Management use?
Sendero Wealth Management’s separately managed account assets are held at Pershing LLC (Jersey City, NJ), with $4.49B and Bofa Securities, Inc. (New York, NY), with $751M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 March 2026
How many financial advisors does Sendero Wealth Management have?
Sendero Wealth Management has 20 investment adviser representatives registered with state securities authorities, out of 41 employees, and 19 perform investment advisory functions. 13 employees are registered representatives of a broker-dealer and 0 employees are 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 Sendero Wealth Management invest in?
At the end of its last fiscal year, Sendero Wealth Management’s separately managed accounts held 46% exchange-traded equities, 35% registered funds (mutual funds, ETFs, BDCs), 11% pooled vehicles (private funds and similar), 4% state and local bonds and 4% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Sendero Wealth Management?
Sendero Wealth Management’s direct owner is Sendero Partners, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 26 March 2026
How does Sendero Wealth Management get paid?
Sendero Wealth Management is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Sendero Wealth Management?
Sendero Wealth Management’s main office is at 250 W. Nottingham, Suite 300, San Antonio, TX 78209. Its phone number is 210-805-0171. Its website is sendero.com.
