Terry McDaniel & Company provides portfolio management for individuals and small businesses.
Terry McDaniel & Company reports 378 clients. They include 248 high-net-worth individuals, 122 individual clients and 8 charitable organizations. Of its assets, 90.6% ($1.74B across 365 accounts) are managed with discretion; $180M across 5 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 32% | 2% |
| High-net-worth individuals | 66% | 95% |
| Charitable organizations | 2% | 3% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 122 | $41.7M | 2.2% | $342K |
| High-net-worth individuals | 248 | $1.83B | 95.3% | $7.38M |
| Charitable organizations | 8 | $48.9M | 2.5% | $6.12M |
| Total | 378 | $1.92B | 100% | $5.08M |
- Clients
- 122
- Regulatory AUM
- $41.7M
- AUM share
- 2.2%
- Avg. per client
- $342K
- Clients
- 248
- Regulatory AUM
- $1.83B
- AUM share
- 95.3%
- Avg. per client
- $7.38M
- Clients
- 8
- Regulatory AUM
- $48.9M
- AUM share
- 2.5%
- Avg. per client
- $6.12M
Total
- Clients
- 378
- Regulatory AUM
- $1.92B
- AUM share
- 100%
- Avg. per client
- $5.08M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Terry McDaniel & Company charges 0.25%–1.00% a year for its Investment advisory services. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and requires an account of at least $1,000,000.
| Asset band | Annual rate |
|---|---|
| $0–$2M | 1.00% |
| $2M–$25M | 0.75% |
| $25M–$100M | 0.50% |
| $100M and above | 0.25% |
Fee details and sources
Terry McDaniel owns 50% to 75% of Terry McDaniel & Company. The leadership team of Terry McDaniel & Company includes President Claude Turlington and Chief Compliance Officer Dina Mason. It has 13 employees, 7 of them in advisory roles.
Leadership
- Claude TurlingtonPresident
- Dina MasonChief Compliance Officer
- Terry McDanielChairman/Trustee
Investment adviser representatives
7 representatives listed in the SEC register as of 9 October 2026.
- Jeffrey Scott Lucado
- John Wells McDaniel
- Meredith Lee McDaniel
- Terry Pat McDaniel
- Shannon Denise Pitcher
- Claude Kenneth Turlington
- Steven Kent Winegar JR.
Staff
- 13 employees
- 7 in advisory functions
- 7 state-registered reps
- Owns 50% to 75% of Terry McDaniel & Company
Terry McDaniel
Control person · since June 1985
- Owns 25% to 50% of Terry McDaniel & Company
The John Wells McDaniel Trust of 2020
since December 2020
- Owns 25% to 50% of Terry McDaniel & Company
The John Wells McDaniel Trust of
since December 2020
- Owns 25% to 50% of Terry McDaniel & Company
The Meredith Lee McDaniel Trust of 2020
since December 2020
- Owns 25% to 50% of Terry McDaniel & Company
The Meredith Lee McDaniel Trust of
since December 2020
Terry McDaniel & Company’s regulatory assets grew from $1.35B (June 2021) to $1.92B (March 2026); clients rose from 339 to 378 and employees fell from 15 to 13.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $1.92B | 378 | 13 | 1 |
| April 2025 | $1.78B | 380 | 12 | 1 |
| March 2024 | $1.64B | 353 | 12 | 1 |
| March 2023 | $1.38B | 355 | 13 | 1 |
| March 2022 | $1.55B | 341 | 14 | 1 |
| June 2021 | $1.35B | 339 | 15 | 1 |
Besides its headquarters, Terry McDaniel & Company has 0 offices, with 1 listed address in Texas.
Texas · 1 listed address
- 2630 Exposition BLVD Ste 300, AustinHQ
Contact and registration details
- Legal name
- Terry McDaniel & Company
- Headquarters
- 2630 Exposition BLVD Ste 300, Austin, TX 78703
- Website
- tmcdanco.com
- Phone
- 512-495-9500
- SEC file
- 801-24465
- Structure
- Texas corporation
- Fiscal year end
- December
Terry McDaniel & Company uses Charles Schwab ($1.39B, 79%) and U S Trust Bank of America N.A. ($364M, 21%) as custodians for its separately managed accounts. Terry McDaniel & Company has custody of $309M in client assets for 101 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $1.39B79%
- U S Trust Bank of America N.A.U S Trust Bank of America N.A. · Austin, TX · $364M21%
At year end, Terry McDaniel & Company’s separately managed accounts were mostly in stocks (73%) and bonds (14%).
What the accounts hold
- Stocks73%
- Exchange-traded equities71%
- Non-exchange-traded equities2%
- Bonds14%
- U.S. government and agency bonds7%
- State and local bonds7%
- Cash13%
How many clients does Terry McDaniel & Company have?
Terry McDaniel & Company has 378 clients and manages $1.92 billion for them, as of March 2026. They include 248 high-net-worth individuals, 122 individual clients and 8 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026
What services does Terry McDaniel & Company offer?
Terry McDaniel & Company provides portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Terry McDaniel & Company charge?
Terry McDaniel & Company charges 0.25%–1.00% a year for its Investment advisory services. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and requires an account of at least $1,000,000.
Source: TERRY MCDANIEL & CO. ADV PART 2 BROCHURE, filed 31 March 2026
Which custodians does Terry McDaniel & Company use?
Terry McDaniel & Company’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $1.39B and U S Trust Bank of America N.A. (Austin, TX), with $364M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026
How many financial advisors does Terry McDaniel & Company have?
Terry McDaniel & Company has 7 investment adviser representatives registered with state securities authorities, out of 13 employees, and 7 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 Terry McDaniel & Company invest in?
At the end of its last fiscal year, Terry McDaniel & Company’s separately managed accounts held 71% exchange-traded equities, 13% cash and equivalents, 7% U.S. government and agency bonds, 7% state and local bonds and 2% non-exchange-traded equities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Terry McDaniel & Company have a minimum investment?
Yes, Terry McDaniel & Company’s minimum account size for its Investment advisory services is $1M.
Source: TERRY MCDANIEL & CO. ADV PART 2 BROCHURE, filed 31 March 2026
Who owns Terry McDaniel & Company?
Terry McDaniel & Company’s direct owners are Terry McDaniel (50% to 75%), the John Wells McDaniel Trust of 2020 (25% to 50%), the John Wells McDaniel Trust of (25% to 50%), the Meredith Lee McDaniel Trust of 2020 (25% to 50%) and the Meredith Lee McDaniel Trust of (25% to 50%).
Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026
How does Terry McDaniel & Company get paid?
Terry McDaniel & Company is paid through a percentage of assets under management. 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
Is Terry McDaniel & Company registered with the SEC?
Yes, Terry McDaniel & Company has been registered with the SEC as an investment adviser since 27 June 1985. Its CRD number is 104732 and its SEC file number is 801-24465.
Source: Form ADV Part 1A, Item 1, filed 31 March 2026; IAPD firm record
How do I contact Terry McDaniel & Company?
Terry McDaniel & Company’s main office is at 2630 Exposition BLVD Ste 300, Austin, TX 78703. Its phone number is 512-495-9500. Its website is tmcdanco.com.