White Wing Wealth Management provides financial planning and portfolio management for individuals and small businesses. Financial planning was provided to 101–250 clients last fiscal year.
White Wing Wealth Management reports 151 clients. They include 81 high-net-worth individuals, 69 individual clients and 1 corporate or other business client. Of its assets, 100.0% ($183M across 500 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 46% | 18% |
| High-net-worth individuals | 54% | 82% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 69 | $32.7M | 17.9% | $474K |
| High-net-worth individuals | 81 | $150M | 81.9% | $1.85M |
| Corporations and other businesses | Fewer than 5 | $374K | 0.2% | $374K |
| Total | 151 | $183M | 100% | — |
- Clients
- 69
- Regulatory AUM
- $32.7M
- AUM share
- 17.9%
- Avg. per client
- $474K
- Clients
- 81
- Regulatory AUM
- $150M
- AUM share
- 81.9%
- Avg. per client
- $1.85M
- Clients
- Fewer than 5
- Regulatory AUM
- $374K
- AUM share
- 0.2%
- Avg. per client
- $374K
Total
- Clients
- 151
- Regulatory AUM
- $183M
- 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
- 0
- Financial planning clients last fiscal year
- 101–250
White Wing Wealth Management is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning Services
- Financial planning is a negotiable fixed fee, generally $2,500, invoiced on completion of the contracted services.
- Retirement Planning Consulting Services
- Retirement planning consulting for plan participants is billed at 0.25% to 0.75% of plan assets a year, negotiable.
Clifton MC Millan owns 75% or more of White Wing Wealth Management. It has 5 employees, 2 of them in advisory roles.
Staff
- 5 employees
- 2 in advisory functions
- 2 state-registered reps
- 2 soliciting firms
- Owns 75% or more of White Wing Wealth Management, LLC
Clifton MC Millan
Control person · since July 2014
White Wing Wealth Management’s regulatory assets grew 1.6× from $112M (May 2022) to $183M (September 2026); clients rose from 138 to 151 and employees from 1 to 5.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Sep 2026September 2026 | $183M | 151 | 5 | 1 |
| Mar 2025March 2025 | $152M | 145 | 4 | 1 |
| Jan 2024January 2024 | $121M | 144 | 1 | 1 |
| Jul 2023July 2023 | $103M | 143 | 1 | 1 |
| May 2022May 2022 | $112M | 138 | 1 | 1 |
Besides its headquarters, White Wing Wealth Management has 0 offices, with 1 listed address in 1 state.
Texas · 1 listed address
- 10001 Woodloch Forest Drive, Suite 515, The WoodlandsHQ
Contact and registration details
- Legal name
- White Wing Wealth Management, LLC
- Headquarters
- 10001 Woodloch Forest Drive, Suite 515, The Woodlands, TX 77380
- Website
- whitewingwm.com
- Phone
- 832-764-5305
- SEC file
- 801-124733
- Structure
- Texas LLC
- Fiscal year end
- December
White Wing Wealth Management’s named custodian for separately managed accounts is Charles Schwab ($181M). White Wing Wealth Management has custody of $183M for 151 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $181M100%
At year end, White Wing Wealth Management’s separately managed accounts were mostly in funds (85%) and stocks (11%). Its reported 13F holdings for the quarter ended 30 June 2026 total $192M across 40 positions; the largest are Vanguard Index Fds (26.1%), Vanguard Tax-managed Fds (10.7%) and J P Morgan Exchange Traded F (10.2%).
What the accounts hold
- Stocks11%
- Funds85%
- Cash4%
How many clients does White Wing Wealth Management have?
White Wing Wealth Management has 151 clients and manages $183 million for them, as of September 2026. They include 81 high-net-worth individuals, 69 individual clients and 1 corporate or other business client.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 28 September 2026
What services does White Wing Wealth Management offer?
White Wing Wealth Management provides financial planning and portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does White Wing Wealth Management use?
White Wing Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $181M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 28 September 2026
How many financial advisors does White Wing Wealth Management have?
White Wing Wealth Management has 2 investment adviser representatives registered with state securities authorities, out of 5 employees, and 2 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 White Wing Wealth Management invest in?
At the end of its last fiscal year, White Wing Wealth Management’s separately managed accounts held 85% registered funds (mutual funds, ETFs, BDCs), 11% exchange-traded equities 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 White Wing Wealth Management?
White Wing Wealth Management’s direct owner is Clifton MC Millan (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 28 September 2026
How does White Wing Wealth Management get paid?
White Wing Wealth Management is paid through a percentage of assets under management, hourly charges 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 White Wing Wealth Management?
White Wing Wealth Management’s main office is at 10001 Woodloch Forest Drive, Suite 515, The Woodlands, TX 77380. Its phone number is 832-764-5305. Its website is whitewingwm.com.
