SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
McElhenny Sheffield Capital Management, LLC
Dallas, TX
CRD 115120
Firm filing updated July 14, 2026 ·
- $663.2MAssets
- 7Advisory staff
- 1,385Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Fixed feesYes
- Performance-based feesYes
- Hourly chargesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- OtherNo
Who the firm serves
- Individuals658
- High net worth individuals99
- Investment companies1
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 658 | $155.7 million |
| High net worth individuals | 99 | $350.2 million |
| Investment companies | 1 | $152.1 million |
| Charitable organizations | Fewer than 5 clients | $5.1 million |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
See all 4 services
- Portfolio management for businesses (other than small businesses) or institutional clients
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
- Portfolio management for businesses (other than small businesses) or institutional clients
Assets and accounts
- Regulatory assets$663.2 million
- Accounts1,385
- DiscretionaryAll accounts
People
- Employees7
- Advisory staff7
- Broker-dealer reps0
- Licensed insurance agents2
- Planning clients26 to 50
Advisors
6 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- SEC-registered investment advisor. CRD 115120, SEC file 801-79001.
- Registered with the SEC as an investment advisor (status date on record: January 15, 2014).
Is McElhenny Sheffield Capital Management, LLC a fiduciary?
Short answer: McElhenny Sheffield Capital Management, LLC is registered with the SEC as an investment advisor.
More detail
Some of its people may also act in other roles, such as for a broker-dealer or as insurance agents, where different rules apply. Details below.
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
2 staff are licensed insurance agents.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.