# Salient Advisors, L.P.

> Salient Advisors, L.P. is an SEC-registered investment advisory firm in Dallas, TX, registered since 2002, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 122833
- Filed as: SALIENT ADVISORS, L.P.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Dallas, TX
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/122833
- AdvisorCensus page: https://advisorcensus.com/firm/salient-advisors-l-p-dallas-tx-122833

## Quick answers

**How is Salient Advisors, L.P. compensated?**
On its Form ADV (Item 5.E, October 2026), Salient Advisors, L.P. reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Salient Advisors, L.P. located?**
Salient Advisors, L.P.'s principal office is in Dallas, TX, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Salient Advisors, L.P. registered with the SEC or a state?**
Salient Advisors, L.P. is an SEC-registered investment advisory firm, registered since 2002. Status as filed: Approved. CRD 122833.

**How much does Salient Advisors, L.P. manage?**
Salient Advisors, L.P. reports $61,816,768 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Salient Advisors, L.P.'s assets and staff changed since 2021?**
In the Form ADV data for Salient Advisors, L.P.: Regulatory assets under management: $69,292,273 in the October 2021 data and $61,816,768 in the October 2026 data, down 11%. Total employees: 55 in October 2021 and 95 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Salient Advisors, L.P. serve?**
By number of clients on Form ADV Item 5.D: investment companies (1).

**Does Salient Advisors, L.P. report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/122833

**What changed in Salient Advisors, L.P.'s recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 76 to 68. Regulatory assets under management went from $72,290,877 to $61,816,768 (-14%). Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Regulatory assets under management (Item 5.F)
- Total: $61,816,768
- Discretionary: $61,816,768
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 1 | $61,816,768 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2002 (24 years)
- Employees: 95 total, 68 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Houston, TX

### Websites listed on Form ADV (Item 1.I)
- askwealthcoach.com
- westwoodetfs.com
- westwoodfunds.com
- westwoodgroup.com
- westwoodwealthcoach.com
- Facebook @WESTWOODHOLDINGSGROUP
- LinkedIn @westwoodholdingsgroup
- X @WESTWOOD_GROUP
- YouTube @UC1QSC4T_ONtHi-SC3cIrDOQ

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $69,292,273 | 55 | March 23, 2021 |
| October 2022 | $71,548,099 | 44 | April 19, 2022 |
| October 2023 | $72,277,924 | 76 | March 31, 2023 |
| October 2024 | $75,260,759 | 98 | March 29, 2024 |
| October 2025 | $72,290,877 | 103 | March 31, 2025 |
| October 2026 | $61,816,768 | 95 | March 31, 2026 |

Regulatory assets under management: $69,292,273 in the October 2021 data and $61,816,768 in the October 2026 data, down 11%.
Total employees: 55 in October 2021 and 95 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 76 to 68.
- Regulatory assets under management went from $72,290,877 to $61,816,768 (-14%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Salient Advisors, L.P. (CRD 122833): Form ADV filing data as of October 2026.