The TEXAS CAPITAL BANK WEALTH MANAGEMENT SERVICES is a publicly held investment adviser that advises $3.86Bn in regulatory assets under management held in 0 SEC fund types across 2 investment strategies. TEXAS CAPITAL BANK WEALTH MANAGEMENT SERVICES is a Retail Wealth A retail wealth manager is a manager whose >=75% of total assets under management are managed for individual investors through retail advisory or brokerage channels. Manager. Assets increased by 187.58% over the last 5-years.
The Group has been registered with the SEC for 7.18 years and is comprised of 1 filing and 0 relying advisers. They operate out of 6 office locations with their Headquarters at 2000 MCKINNEY AVENUE SUITE 1800, DALLAS, TX. The Group has not been subject to regulatory enforcement actions. They are regulated by 1 US and Non-US bodies.
They have 101 employees comprised of 80 investment and 21 non-investment staff. The total number of Employees increased by 248.28% over the last 5-years.
Their $3.86Bn in assets advised are owned by 0 private funds, 4 public funds and BDCs and 144 other accounts. Assets of High Net Worth Individuals clients own $2.38Bn or 61.65% of Total Assets and Corporations or Other Businesses own $852.82mn or 22.11% of Total Assets.
The Group's top investment strategies include FI/Credit - Diverse and Long/Short Equity, representing 82.16% and 17.84% of total assets, respectively.
They advise 4 types of clients, top clients are High Net Worth Individuals and Corporations or Other Businesses.
The Group uses 1 Fund Administrators, 1 Fund Auditors, 0 Prime Brokers, 1 Custodians and 1 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group discloses management fees.
TEXAS CAPITAL BANK WEALTH MANAGEMENT SERVICES names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.
They have a HIGH risk business model that requires a high degree of process maturity to manage operational risk. A Manager Group has a "High Complexity" when 25% or more of 63 business conditions measured require a high level of process maturity to manage the risk. The "Watch" suffix indicates that one or more of the following business conditions carry a high-complexity score: 1) % Fund Assets Valued Internally, 2) prior Regulatory Violations, 3) Unqualified Audits, 4) Multi-Functional C-Suite and 5) Business Concentration Risk with an Auditor or Administrator.
In TEXAS CAPITAL BANK WEALTH MANAGEMENT SERVICES's case, they have 12 business conditions that require high process maturity and 0 Watch Factors.