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.
Turtle Creek Trust
Dallas, TX
Turtle Creek Management, LLC, CRD 140212
Firm filing updated March 30, 2026 ·
- $4.3BAssets
- 6Advisory staff
- 559Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Hourly chargesNo
- Fixed feesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- Performance-based feesNo
- OtherNo
Who the firm serves
- High net worth individuals96
- Individuals5
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 5 | $1.7 million |
| High net worth individuals | 96 | $4.2 billion |
| Charitable organizations | Fewer than 5 clients | $38.0 million |
| Corporations or other businesses not listed above | Fewer than 5 clients | $1.6 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
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
Assets and accounts
- Regulatory assets$4.3 billion
- Accounts559
- Discretionary$1.6 billion · 465 accounts
- Non-discretionary$2.7 billion · 94 accounts
People
- Employees10
- Advisory staff6
- Broker-dealer reps0
- Licensed insurance agents0
Advisors
1 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- Legal name: Turtle Creek Management, LLC SEC-registered investment advisor. CRD 140212, SEC file 801-66626.
- Registered with the SEC as an investment advisor (status date on record: May 17, 2006).
Is Turtle Creek Trust a fiduciary?
Short answer: Turtle Creek Trust is registered with the SEC as an investment advisor.
More detail
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
The firm does not report commissions, a broker-dealer role, a related broker-dealer, or staff who are broker-dealer representatives.
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.