# Turtle Creek Wealth Advisors, LLC

> Turtle Creek Wealth Advisors, LLC is an SEC-registered investment advisory firm in Dallas, TX, registered since 2023, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated August 5, 2026.

- CRD: 322998
- Filed as: TURTLE CREEK WEALTH ADVISORS, LLC
- Also doing business as: TURTLE CREEK, TURTLE CREEK, A MULTI-FAMILY OFFICE
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Dallas, TX
- Filing period: October 2026
- Form ADV filing dated: August 5, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/322998
- AdvisorCensus page: https://advisorcensus.com/firm/turtle-creek-wealth-advisors-llc-dallas-tx-322998

## Quick answers

**How is Turtle Creek Wealth Advisors, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Turtle Creek Wealth Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees.

**What does Turtle Creek Wealth Advisors, LLC's brochure say about its fees?**
Its Form ADV Part 2A brochure dated August 5, 2026 states: Asset-based fee: 0.25% to 1.25% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Turtle Creek Wealth Advisors, LLC located?**
Turtle Creek Wealth Advisors, LLC's principal office is in Dallas, TX, according to its Form ADV; the September 2026 filing also lists 3 other offices (Schedule D, Section 1.F).

**Is Turtle Creek Wealth Advisors, LLC registered with the SEC or a state?**
Turtle Creek Wealth Advisors, LLC is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 322998.

**How much does Turtle Creek Wealth Advisors, LLC manage?**
Turtle Creek Wealth Advisors, LLC reports $2,757,918,120 in regulatory assets under management in its Form ADV filing dated August 5, 2026 (96% discretionary).

**How have Turtle Creek Wealth Advisors, LLC's assets and staff changed since 2023?**
In the Form ADV data for Turtle Creek Wealth Advisors, LLC: Regulatory assets under management: $223,466,000 in the October 2023 data and $2,757,918,120 in the October 2026 data, up 1134%. Total employees: 13 in October 2023 and 26 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Turtle Creek Wealth Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (104); charitable organizations (26); pooled investment vehicles (other than investment companies and business development companies) (6).

**Which custodians does Turtle Creek Wealth Advisors, LLC use?**
Turtle Creek Wealth Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Turtle Creek Wealth Advisors, LLC 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/322998

**What changed in Turtle Creek Wealth Advisors, LLC's recent Form ADV filings?**
In the February 2026 filing data: Regulatory assets under management went from $1,712,227,523 to $2,757,918,120 (+61%). 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
- Fixed fees (other than subscription fees)
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated August 5, 2026)

- Asset-based fee: 0.25% to 1.25% a year (a range, as the brochure states it)

> Portfolio management fees are individually negotiated with each client, are based on a percentage of assets under management, and are generally between 0.25% and 1.25% annually depending on the level of engagement and size of client accounts.

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.

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: $2,757,918,120
- Discretionary: $2,647,864,897
- Non-discretionary: $110,053,223

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 104 | $2,347,003,750 |
| 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) | 6 | $75,389,572 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 26 | $293,246,112 |
| 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 | 4 | $42,278,686 |
| Other | Not reported | $0 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)
- Publication of periodicals or newsletters
- Educational seminars/workshops
- Other

### Firm details
- Registered since: 2023 (3 years)
- Employees: 26 total, 20 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.

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

### Websites listed on Form ADV (Item 1.I)
- turtlecreekwealth.com
- Instagram @turtlecreekwealthadvisors
- LinkedIn @turtle-creek-wealth-advisors-llc
- X @turtlecreekwa

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | $223,466,000 | 13 | September 5, 2023 |
| October 2024 | $905,623,296 | 19 | March 28, 2024 |
| October 2025 | $1,712,227,523 | 20 | July 7, 2025 |
| October 2026 | $2,757,918,120 | 26 | August 5, 2026 |

Regulatory assets under management: $223,466,000 in the October 2023 data and $2,757,918,120 in the October 2026 data, up 1134%.
Total employees: 13 in October 2023 and 26 in October 2026.

## Changes in the filing (last 12 months)

### February 2026
- Regulatory assets under management went from $1,712,227,523 to $2,757,918,120 (+61%).
- Updated its list of owners and control persons (Schedule A).

### December 2025
- Employees performing advisory functions went from 19 to 20.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Turtle Creek Wealth Advisors, LLC (CRD 322998): Form ADV filing data as of October 2026.