# TLWM Financial

> TLWM Financial is an SEC-registered investment advisory firm in San Antonio, TX, registered since 2014, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 24, 2026.

- CRD: 158305
- Filed as: TLWM FINANCIAL
- Legal name: TLWM, LLC
- Also doing business as: TDF PLATINUM WEALTH MANAGEMENT, TEXAS LEGACY WEALTH MANAGEMENT, TLWM FINANCIAL
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: San Antonio, TX
- Filing period: October 2026
- Form ADV filing dated: March 24, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/158305
- AdvisorCensus page: https://advisorcensus.com/firm/tlwm-financial-san-antonio-tx-158305

## Quick answers

**How is TLWM Financial compensated?**
On its Form ADV (Item 5.E, October 2026), TLWM Financial reports these compensation arrangements: a percentage of assets under its management; hourly charges; subscription fees (for a newsletter or periodical); fixed fees (other than subscription fees).

**How much does TLWM Financial charge?**
Its Form ADV Part 2A brochure dated March 24, 2026 states: Flat fee: up to $10,000 (financial planning and consulting services); Subscription: up to $100 a month (subscription Financial Planning service). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is TLWM Financial located?**
TLWM Financial's principal office is in San Antonio, TX, according to its Form ADV; the April 2026 filing also lists 4 other offices (Schedule D, Section 1.F).

**Is TLWM Financial registered with the SEC or a state?**
TLWM Financial is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 158305.

**How much does TLWM Financial manage?**
TLWM Financial reports $605,405,861 in regulatory assets under management in its Form ADV filing dated March 24, 2026 (100% discretionary).

**How have TLWM Financial's assets and staff changed since 2021?**
In the Form ADV data for TLWM Financial: Regulatory assets under management: $298,660,715 in the October 2021 data and $605,405,861 in the October 2026 data, up 103%. Total employees: 8 in October 2021 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does TLWM Financial serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (933); high net worth individuals (316); corporations or other businesses not listed above (8).

**Which custodians does TLWM Financial use?**
TLWM Financial's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists LPL Financial LLC as a custodian holding 10% or more of its separately managed account assets.

**Does TLWM Financial 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/158305

**What changed in TLWM Financial's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 10 to 9. Registered or notice-filed in AZ.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Subscription fees (for a newsletter or periodical)
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 24, 2026)

- Flat fee: up to $10,000 (financial planning and consulting services)

> Flat fees generally range up to $ 10,000. We require the entire financial planning or consulting fee at the time our plan is delivered

- Subscription: up to $100 a month (subscription Financial Planning service)

> We also offer a subscription Financial Planning service which will be billed monthly in advance. Fees for this service will not exceed $100 per month

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

### Custodians (Schedule D, Section 5.K(3))
- LPL Financial LLC

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: $605,405,861
- Discretionary: $605,405,861
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 933 | $226,667,736 |
| High net worth individuals | 316 | $355,481,217 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 1 | $1,006,601 |
| Charitable organizations | 4 | $1,163,507 |
| Corporations or other businesses not listed above | 8 | $21,086,800 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2014 (12 years)
- Employees: 11 total, 9 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AZ, CA, CO, CT, FL, MA, ME, NH, NY, OH, TX, VA
- 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
- Arlington, TX
- Lubbock, TX
- Madawaska, ME
- Round Rock, TX

### Websites listed on Form ADV (Item 1.I)
- tdfplatinumwm.com
- texaslegacywealth.com
- tlwmadvisor.com
- tlwmfinancial.com
- Facebook @TLWMFinancial
- Instagram @tlwmfinancial
- YouTube @texaslegacyWM

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $298,660,715 | 8 | July 13, 2021 |
| October 2022 | $317,816,726 | 7 | September 21, 2022 |
| October 2023 | $333,259,993 | 11 | September 27, 2023 |
| October 2024 | $484,870,433 | 11 | June 26, 2024 |
| October 2025 | $577,253,765 | 11 | April 23, 2025 |
| October 2026 | $605,405,861 | 11 | March 24, 2026 |

Regulatory assets under management: $298,660,715 in the October 2021 data and $605,405,861 in the October 2026 data, up 103%.
Total employees: 8 in October 2021 and 11 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 10 to 9.
- Registered or notice-filed in AZ.

### December 2025
- Added an office in Round Rock, TX.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. TLWM Financial (CRD 158305): Form ADV filing data as of October 2026.