# Terry McDaniel & Company

> Terry McDaniel & Company is an SEC-registered investment advisory firm in Austin, TX, registered since 1985, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 104732
- Filed as: TERRY MCDANIEL & COMPANY
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Austin, TX
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/104732
- AdvisorCensus page: https://advisorcensus.com/firm/terry-mcdaniel-and-company-austin-tx-104732

## Quick answers

**How is Terry McDaniel & Company compensated?**
On its Form ADV (Item 5.E, October 2026), Terry McDaniel & Company reports these compensation arrangements: a percentage of assets under its management.

**Where is Terry McDaniel & Company located?**
Terry McDaniel & Company's principal office is in Austin, TX, according to its Form ADV.

**Is Terry McDaniel & Company registered with the SEC or a state?**
Terry McDaniel & Company is an SEC-registered investment advisory firm, registered since 1985. Status as filed: Approved. CRD 104732.

**How much does Terry McDaniel & Company manage?**
Terry McDaniel & Company reports $1,921,027,445 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (91% discretionary).

**How have Terry McDaniel & Company's assets and staff changed since 2021?**
In the Form ADV data for Terry McDaniel & Company: Regulatory assets under management: $1,347,520,896 in the October 2021 data and $1,921,027,445 in the October 2026 data, up 43%. Total employees: 15 in October 2021 and 13 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Terry McDaniel & Company serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (248); individuals (other than high net worth individuals) (122); charitable organizations (8).

**Which custodians does Terry McDaniel & Company use?**
Terry McDaniel & Company's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and U S Trust Bank of America N. A. as custodians holding 10% or more of its separately managed account assets.

**Does Terry McDaniel & Company 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/104732

**Does Terry McDaniel & Company state an account minimum?**
Its Form ADV Part 2A brochure dated March 31, 2026 says: "The minimum dollar amount of assets required for the establishment and maintenance of an investment advisory account is $1,000,000. There are circumstances under which this minimum may be waived."

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026)

- Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)

> The minimum dollar amount of assets required for the establishment and maintenance of an investment advisory account is $1,000,000. There are circumstances under which this minimum may be waived.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- U S Trust Bank of America N. A.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $1,921,027,445
- Discretionary: $1,741,044,759
- Non-discretionary: $179,982,686

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 122 | $41,674,068 |
| High net worth individuals | 248 | $1,830,416,681 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| 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 | 8 | $48,936,696 |
| 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 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 1985 (41 years)
- Employees: 13 total, 7 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: LA, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- tmcdanco.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,347,520,896 | 15 | June 2, 2021 |
| October 2022 | $1,554,332,331 | 14 | March 31, 2022 |
| October 2023 | $1,377,810,556 | 13 | March 31, 2023 |
| October 2024 | $1,643,828,201 | 12 | March 28, 2024 |
| October 2025 | $1,777,083,995 | 12 | April 14, 2025 |
| October 2026 | $1,921,027,445 | 13 | March 31, 2026 |

Regulatory assets under management: $1,347,520,896 in the October 2021 data and $1,921,027,445 in the October 2026 data, up 43%.
Total employees: 15 in October 2021 and 13 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Terry McDaniel & Company (CRD 104732): Form ADV filing data as of October 2026.