Texas Capital Bank Private Wealth Advisors

RIASEC Registered

Total AUM

$4.2B

Discretionary

$3.4B

80% of AUM

Avg account

$1.9M

Accounts

2,251

Employees

Advisory reps

Firm details

Headquarters: Dallas, Texas
CRD number: 298422
Registered since: November 29, 2018
Website: www.texascapitalbank.com
Custodians: PERSHING LLC, RAYMOND JAMES & ASSOCIATES, INC., FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure: Percentage of AUM, Fixed Fees
Client types: HNWI51.97%
Corporations / Businesses26.77%
Banking / Thrift Institutions9.98%
Investment Companies5.72%
Charitable Organizations5.56%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Investment CompaniesPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Texas Capital Bank Private Wealth Advisors is an institutional registered investment adviser that appears to operate as the private wealth arm of the Texas Capital Bank network. The firm is SEC-registered (registered in 2018) and is organized as a corporation with ownership described as both a domestic entity and individual stakeholders. It acts as a capital allocator and serves both high-net-worth individuals and families as well as institutional clients. Fee arrangements include asset-based (percentage of AUM) billing as well as fixed fees. Advisory capabilities listed in the filing cover financial planning, discretionary and non-discretionary portfolio management for individuals, small businesses and institutions, pension consulting services, and the selection of other advisers. The firm does not identify itself as an active ESG investor in its disclosures.