Turtle Creek Wealth Advisors provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, selecting other managers, publishing newsletters, and educational seminars. The firm advises 6 private funds.
Turtle Creek Wealth Advisors reports 140 clients. They include 104 high-net-worth individuals, 26 charitable organizations and 6 pooled investment vehicles. Of its assets, 96.0% ($2.65B across 1,347 accounts) are managed with discretion; $110M across 88 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| High-net-worth individuals | 74% | 85% |
| Pooled investment vehicles | 4% | 3% |
| Charitable organizations | 19% | 11% |
| Corporations and other businesses | 3% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | 104 | $2.35B | 85.1% | $22.6M |
| Pooled investment vehicles | 6 | $75.4M | 2.7% | $12.6M |
| Charitable organizations | 26 | $293M | 10.6% | $11.3M |
| Corporations and other businesses | 4 | $42.3M | 1.5% | $10.6M |
| Total | 140 | $2.76B | 100% | $19.7M |
- Clients
- 104
- Regulatory AUM
- $2.35B
- AUM share
- 85.1%
- Avg. per client
- $22.6M
- Clients
- 6
- Regulatory AUM
- $75.4M
- AUM share
- 2.7%
- Avg. per client
- $12.6M
- Clients
- 26
- Regulatory AUM
- $293M
- AUM share
- 10.6%
- Avg. per client
- $11.3M
- Clients
- 4
- Regulatory AUM
- $42.3M
- AUM share
- 1.5%
- Avg. per client
- $10.6M
Total
- Clients
- 140
- Regulatory AUM
- $2.76B
- AUM share
- 100%
- Avg. per client
- $19.7M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 6
Turtle Creek Wealth Advisors charges 0.25%–1.25% a year for its Portfolio Management Fees. The fee is billed in arrears and is negotiable.
Fee details and sources
Alan Miller is CEO; the leadership team includes Chief Investment Officer John Reilly, Chief Operating Officer Dale Cloud and Chief Compliance Officer Monica Eaker. It has 26 employees, 20 of them in advisory roles.
Leadership
- Alan MillerChief Executive Officer, Elected Manager
- Dale CloudChief Operating Officer, Elected Manager
- Monica EakerChief Compliance Officer
- John ReillyChief Investment Officer
- David SpikaChief Market Strategist
- Carolyn MillerOwner
Investment adviser representatives
17 representatives listed in the SEC register as of 9 October 2026.
- Benjamin Garrett Carter
- Emily Dawson Clock
- Dale Littleton Cloud JR
- Monica Eaker
- Lawrence Arthur Gekiere Jr.
- Maria Guadalupe Harris
- Richard W Jackson
- Gregory Scott Kalb
- Alec Vincent Lucente
- Morgan Irene Massa
- Alan Luther Miller
- Eryn Shealy Myers
- J Matthew Newtown
- Eric Scott Reblin
- John Joseph Reilly III
- David Scott Spika
- Wesley Don Wright
Staff
- 26 employees
- 20 in advisory functions
- 17 state-registered reps
- 3 soliciting firms
- Owns 10% to 25% of Turtle Creek Wealth Advisors, LLC
Mansefeldt TC Management Partners
since September 2022
- Owns 50% to 75% of Mansefeldt TC Management Partners
Dian Stai
Control person · since June 2022
Mansefeldt Investment Corporation
General partner · Control person · since June 2022
Tucker Bridwell
General partner · Control person · since June 2022
Dian Graves Owen Foundation
General partner · Control person · since June 2022
Jane Beard
General partner · Control person · since June 2022
Lamar Moore
General partner · Control person · since June 2022
- Owns 10% to 25% of Turtle Creek Wealth Advisors, LLC
Mansefeldt TC Management
since September 2022
- Owns 10% to 25% of Turtle Creek Wealth Advisors, LLC
Salt Creek Wealth Management, LLC
since September 2022
- Owns 25% to 50% of Salt Creek Wealth Management, LLC
Kade Matthews
Control person · since September 2022
- Owns 25% to 50% of Salt Creek Wealth Management, LLC
John A. Matthews, JR. Revocable Living Trust
Control person · since September 2022
John Matthews
Trustee · Control person · since October 2017
- Owns 25% to 50% of Salt Creek Wealth Management, LLC
2mw, LP
Control person · since September 2022
- Owns 25% to 50% of 2mw, LP
Margaret Frederick
Control person · since December 2006
- Owns 25% to 50% of 2mw, LP
Meredith Nicholson
Control person · since December 2006
- Owns 25% to 50% of 2mw, LP
Watt Reynolds Matthews Revocable Trust No. 1
Control person · since December 2006
First Financial Trust & Asset Management Company, N.A.
Trustee · Control person · since December 2006
- Owns 75% or more of First Financial Trust & Asset Management Company, N.A.
First Financial Bankshares, Inc.
Control person · since October 2003
KLM Oil Properties, LLC
General partner · Control person · since September 2022
Taydon Investments, LLC
Elected manager · Control person · since September 2022
- Owns 10% to 25% of Turtle Creek Wealth Advisors, LLC
Salt Creek Wealth Management,
since September 2022
- Owns 10% to 25% of Turtle Creek Wealth Advisors, LLC
Kyle Miller Family 2014 Trust
since March 2023
Kyle Miller
Trustee · Control person · since October 2014
- Owns 10% to 25% of Turtle Creek Wealth Advisors, LLC
Meredith Lee Miller 2006 Lifetime Trust
since March 2023
Meredith Bebee
Trustee · Control person · since March 2006
- Owns 10% to 25% of Turtle Creek Wealth Advisors, LLC
Meredith Lee Miller 2006 Lifetime
since March 2023
- Owns 10% to 25% of Turtle Creek Wealth Advisors, LLC
David Bruce Miller 2022 Trust
since March 2023
- Owns 5% to 10% of Turtle Creek Wealth Advisors, LLC
Carolyn Miller
since September 2022
Turtle Creek Wealth Advisors’ regulatory assets grew 12.3× from $223M (May 2023) to $2.76B (August 2026); clients rose from 12 to 140 and employees from 13 to 26.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| August 2026 | $2.76B | 140 | 26 | 4 |
| July 2025 | $1.71B | 108 | 20 | 5 |
| March 2024 | $906M | 86 | 19 | 4 |
| May 2023 | $223M | 12 | 13 | 1 |
Besides its headquarters, Turtle Creek Wealth Advisors has 3 offices, with 4 listed addresses in Texas.
Texas · 4 listed addresses
- 2828 N. Harwood Street, Suite 1250, DallasHQ
- 6300 Bee Cave Road, Austin
- 7373 Broadway, San Antonio
- 1885 St. James Place, Houston
Other business names
Turtle Creek Wealth Advisors has reported 2 other business names to the SEC.
- Turtle Creek
- Turtle Creek, A Multi-Family Office
Contact and registration details
- Legal name
- Turtle Creek Wealth Advisors, LLC
- Headquarters
- 2828 N. Harwood Street, Suite 1250, Dallas, TX 75201
- Website
- turtlecreekwealth.com
- Phone
- 214-214-3110
- SEC file
- 801-127123
- Structure
- Texas LLC
- Fiscal year end
- December
Turtle Creek Wealth Advisors uses Charles Schwab ($1B) as custodian for its separately managed accounts. Turtle Creek Wealth Advisors has custody of $1.61B in client assets for 96 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $1B100%
At year end, Turtle Creek Wealth Advisors’ separately managed accounts were largely in stocks (38%) and funds (30%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.89B across 515 positions; the largest are Vanguard Index Fds (6.6%), State Str SPDR S&P 500 ETF T (4.8%) and iShares TR (3.9%).
What the accounts hold
- Stocks38%
- Funds30%
- Registered funds24%
- Pooled vehicles6%
- Bonds17%
- State and local bonds14%
- U.S. government and agency bonds3%
- Cash15%
Reported 13F holdings
- $1.89B
- Reported 13F value
- 515
- Positions
- 34.7%
- In the 10 largest
- +43.0%
- Value vs. prior quarter
- Vanguard Index Fds · S&P 500 ETF Shs6.6%
- State Str SPDR S&P 500 ETF T · TR Unit4.8%
- iShares TR · Core MSCI Eafe3.9%
- Apple Inc.3.7%
- Chevron Corporation3.5%
- Nvidia Corporation3.4%
- Exxon Mobil Corp.2.7%
- Microsoft Corp.2.4%
- Lam Research Corp.2.0%
- Caterpillar Inc.1.9%
Together, the ten largest are 34.7% of reported value.
How many clients does Turtle Creek Wealth Advisors have?
Turtle Creek Wealth Advisors has 140 clients and manages $2.76 billion for them, as of August 2026. They include 104 high-net-worth individuals, 26 charitable organizations and 6 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 5 August 2026
What services does Turtle Creek Wealth Advisors offer?
Turtle Creek Wealth Advisors provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, selecting other managers, publishing newsletters, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Turtle Creek Wealth Advisors charge?
Turtle Creek Wealth Advisors charges 0.25%–1.25% a year for its Portfolio Management Fees. The fee is billed in arrears and is negotiable.
Source: TURTLE CREEK WEALTH ADVISORS LLC FORM ADV PART 2A BROCHURE, filed 5 August 2026
Which custodians does Turtle Creek Wealth Advisors use?
Turtle Creek Wealth Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $1B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 5 August 2026
How many financial advisors does Turtle Creek Wealth Advisors have?
Turtle Creek Wealth Advisors has 17 investment adviser representatives registered with state securities authorities, out of 26 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 Turtle Creek Wealth Advisors invest in?
At the end of its last fiscal year, Turtle Creek Wealth Advisors’ separately managed accounts held 38% exchange-traded equities, 24% registered funds (mutual funds, ETFs, BDCs), 15% cash and equivalents, 14% state and local bonds, 6% pooled vehicles (private funds and similar) and 3% U.S. government and agency bonds. It advises 6 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 Turtle Creek Wealth Advisors?
Turtle Creek Wealth Advisors is owned through trusts and a chain of holding companies by Dian Stai, Kade Matthews, Margaret Frederick, Meredith Nicholson and First Financial Bankshares, Inc. Its direct owners are Carolyn Miller, Mansefeldt TC Management Partners, Mansefeldt TC Management, Salt Creek Wealth Management, LLC, Salt Creek Wealth Management, Kyle Miller Family 2014 Trust, Meredith Lee Miller 2006 Lifetime Trust, Meredith Lee Miller 2006 Lifetime and David Bruce Miller 2022 Trust, each holding 25% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 5 August 2026
How does Turtle Creek Wealth Advisors get paid?
Turtle Creek Wealth Advisors is paid through a percentage of assets under management, fixed fees and performance-based fees. 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 Turtle Creek Wealth Advisors registered with the SEC?
Yes, Turtle Creek Wealth Advisors has been registered with the SEC as an investment adviser since 3 January 2023. Its CRD number is 322998 and its SEC file number is 801-127123.
Source: Form ADV Part 1A, Item 1, filed 5 August 2026; IAPD firm record
How do I contact Turtle Creek Wealth Advisors?
Turtle Creek Wealth Advisors’ main office is at 2828 N. Harwood Street, Suite 1250, Dallas, TX 75201. Its phone number is 214-214-3110. Its website is turtlecreekwealth.com.