# Tolleson Private Wealth Management

> Tolleson Private Wealth Management is an SEC-registered investment advisory firm in Dallas, TX, registered since 2000, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 10, 2026.

- CRD: 111838
- Filed as: TOLLESON PRIVATE WEALTH MANAGEMENT
- Legal name: Tolleson Private Wealth Management, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Dallas, TX
- Filing period: October 2026
- Form ADV filing dated: September 10, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/111838
- AdvisorCensus page: https://advisorcensus.com/firm/tolleson-private-wealth-management-dallas-tx-111838

## Quick answers

**How is Tolleson Private Wealth Management compensated?**
On its Form ADV (Item 5.E, October 2026), Tolleson Private Wealth Management reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**Where is Tolleson Private Wealth Management located?**
Tolleson Private Wealth Management's principal office is in Dallas, TX, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Tolleson Private Wealth Management registered with the SEC or a state?**
Tolleson Private Wealth Management is an SEC-registered investment advisory firm, registered since 2000. Status as filed: Approved. CRD 111838.

**How much does Tolleson Private Wealth Management manage?**
Tolleson Private Wealth Management reports $9,258,770,823 in regulatory assets under management in its Form ADV filing dated September 10, 2026 (98% discretionary).

**How have Tolleson Private Wealth Management's assets and staff changed since 2021?**
In the Form ADV data for Tolleson Private Wealth Management: Regulatory assets under management: $6,878,346,390 in the October 2021 data and $9,258,770,823 in the October 2026 data, up 35%. Total employees: 85 in October 2021 and 93 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Tolleson Private Wealth Management serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (201); pooled investment vehicles (other than investment companies and business development companies) (21); banking or thrift institutions (1).

**Which custodians does Tolleson Private Wealth Management use?**
Tolleson Private Wealth Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists BNY Mellon N.A and Pershing Advisor Solutions LLC as custodians holding 10% or more of its separately managed account assets.

**Does Tolleson Private Wealth Management 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/111838

**Does Tolleson Private Wealth Management state an account minimum?**
Its Form ADV Part 2A brochure dated July 17, 2026 says: "Generally, the minimum account size for an advisory client is $20 million (subject to waiver by TPWM)."

**What changed in Tolleson Private Wealth Management's recent Form ADV filings?**
In the October 2026 filing data: Registered or notice-filed in TN. 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
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated July 17, 2026)

- Account minimum: $20,000,000 (the brochure says it may be waived or negotiated)

> Generally, the minimum account size for an advisory client is $20 million (subject to waiver by TPWM).

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

### Custodians (Schedule D, Section 5.K(3))
- BNY Mellon N.A
- Pershing Advisor Solutions 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: $9,258,770,823
- Discretionary: $9,105,587,111
- Non-discretionary: $153,183,712

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | Fewer than 5 | $0 |
| High net worth individuals | 201 | $3,539,139,381 |
| Banking or thrift institutions | 1 | $469,136,810 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 21 | $5,082,012,361 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $0 |
| Charitable organizations | 1 | $168,482,271 |
| State or municipal government entities (including government pension plans) | Fewer than 5 | $0 |
| Other investment advisers | Fewer than 5 | $0 |
| Insurance companies | Fewer than 5 | $0 |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $0 |
| Corporations or other businesses not listed above | Fewer than 5 | $0 |

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

### Firm details
- Registered since: 2000 (26 years)
- Employees: 93 total, 73 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, FL, LA, MN, NC, NY, OK, TN, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

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

### Websites listed on Form ADV (Item 1.I)
- glassdoor.com/REVIEWS/TOLLESON-WEALTH-MANAGEMENT-REVIEWS-E383536.HTM
- tollesonwealth.com
- Facebook @TOLLESON-WEALTH-MANAGEMENT-688564004624411
- Facebook @p
- Instagram @TOLLESONWEALTHMANAGEMENT
- Instagram @tollesonprivatebank
- Instagram @tollesonwealth
- LinkedIn @TOLLESON-WEALTH-MANAGEMENT

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $6,878,346,390 | 85 | March 31, 2021 |
| October 2022 | $8,181,879,724 | 96 | September 30, 2022 |
| October 2023 | $7,593,710,211 | 122 | July 31, 2023 |
| October 2024 | $8,223,468,897 | 116 | July 22, 2024 |
| October 2025 | $8,759,140,273 | 102 | July 14, 2025 |
| October 2026 | $9,258,770,823 | 93 | September 10, 2026 |

Regulatory assets under management: $6,878,346,390 in the October 2021 data and $9,258,770,823 in the October 2026 data, up 35%.
Total employees: 85 in October 2021 and 93 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Registered or notice-filed in TN.
- Updated its list of owners and control persons (Schedule A).

### August 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 76 to 73.
- Updated its list of owners and control persons (Schedule A).

### February 2026
- Reported a succession: took over the business of Tolleson Private Wealth Management (CRD 111838) on January 1, 2026.
- Changed its legal name from Tolleson Private Wealth Management, LP to Tolleson Private Wealth Management, LLC.
- Updated its list of owners and control persons (Schedule A).

### December 2025
- Registered or notice-filed in MN.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Tolleson Private Wealth Management (CRD 111838): Form ADV filing data as of October 2026.