TL Private Wealth provides financial planning, portfolio management for individuals and small businesses, education planning, insurance, and tax planning. Financial planning was provided to 251–500 clients last fiscal year.
TL Private Wealth reports 269 clients. They include 144 individual clients and 125 high-net-worth individuals. Of its assets, 100.0% ($364M across 682 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 54% | 14% |
| High-net-worth individuals | 46% | 86% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 144 | $52.8M | 14.5% | $367K |
| High-net-worth individuals | 125 | $312M | 85.5% | $2.49M |
| Total | 269 | $364M | 100% | $1.35M |
- Clients
- 144
- Regulatory AUM
- $52.8M
- AUM share
- 14.5%
- Avg. per client
- $367K
- Clients
- 125
- Regulatory AUM
- $312M
- AUM share
- 85.5%
- Avg. per client
- $2.49M
Total
- Clients
- 269
- Regulatory AUM
- $364M
- AUM share
- 100%
- Avg. per client
- $1.35M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
TL Private Wealth charges 0.50%–1.35% a year for its Investment Supervisory Services. The fee is billed in advance and is negotiable.
Fee details and sources
Brad Little owns 50% to 75% of TL Private Wealth. It has 4 employees.
Staff
- 4 employees
- 4 in advisory functions
- 4 state-registered reps
- 1 insurance agent
- Owns 50% to 75% of TL Private Wealth LLC
Brad Little
Control person · since May 2013
- Owns 50% to 75% of TL Private Wealth LLC
Dustin Tondre
Control person · since May 2013
TL Private Wealth’s regulatory assets grew from $255M (July 2021) to $364M (March 2026); clients rose from 215 to 269 and employees fell from 5 to 4.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $364M | 269 | 4 | 2 |
| Mar 2025March 2025 | $328M | 259 | 5 | 2 |
| Mar 2024March 2024 | $311M | 240 | 4 | 2 |
| Mar 2023March 2023 | $251M | 231 | 4 | 2 |
| Mar 2022March 2022 | $283M | 228 | 5 | 2 |
| Jul 2021July 2021 | $255M | 215 | 5 | 2 |
Besides its headquarters, TL Private Wealth has 1 office, with 2 listed addresses across 2 states.
California · 1 listed address
- 890 Monterey St, San Luis Obispo
Texas · 1 listed address
- 165 S Kimball Ave, Suite 120, SouthlakeHQ
Contact and registration details
- Legal name
- TL Private Wealth LLC
- Headquarters
- 165 S Kimball Ave, Suite 120, Southlake, TX 76092
- Website
- tlwealth.com
- Phone
- 682-831-1048
- SEC file
- 801-110449
- Founded
- 2013
- Structure
- Texas LLC
- Fiscal year end
- December
TL Private Wealth’s named custodian for separately managed accounts is Fidelity ($364M). TL Private Wealth does not have custody of client assets.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $364M100%
At year end, TL Private Wealth’s separately managed accounts were mostly in funds (89%). Its reported 13F holdings for the quarter ended 30 June 2026 total $273M across 54 positions; the largest are Vanguard Index Fds (19.5%), Vanguard Index Fds (18.2%) and Vanguard Index Fds (14.4%).
What the accounts hold
- Stocks3%
- Funds89%
- Bonds6%
- Investment grade corporate bonds5%
- State and local bonds1%
- Cash2%
How many clients does TL Private Wealth have?
TL Private Wealth has 269 clients and manages $364 million for them, as of March 2026. They include 144 individual clients and 125 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 March 2026
What services does TL Private Wealth offer?
TL Private Wealth provides financial planning, portfolio management for individuals and small businesses, education planning, insurance, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does TL Private Wealth charge?
TL Private Wealth charges 0.50%–1.35% a year for its Investment Supervisory Services. The fee is billed in advance and is negotiable.
Source: ADV PART 2A - TL PRIVATE WEALTH, filed 27 March 2026
Which custodians does TL Private Wealth use?
TL Private Wealth’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), 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 27 March 2026
How many financial advisors does TL Private Wealth have?
TL Private Wealth has 4 investment adviser representatives registered with state securities authorities, out of 4 employees, and 4 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does TL Private Wealth invest in?
At the end of its last fiscal year, TL Private Wealth’s separately managed accounts held 89% registered funds (mutual funds, ETFs, BDCs), 5% investment grade corporate bonds, 3% exchange-traded equities, 2% cash and equivalents and 1% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns TL Private Wealth?
TL Private Wealth’s direct owners are Brad Little (50% to 75%) and Dustin Tondre (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 27 March 2026
How does TL Private Wealth get paid?
TL Private Wealth 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
How do I contact TL Private Wealth?
TL Private Wealth’s main office is at 165 S Kimball Ave, Suite 120, Southlake, TX 76092. Its phone number is 682-831-1048. Its website is tlwealth.com.