Turtle Creek Trust
Registered investment adviser · Dallas, TX · CRD #140212
Form ADV data as of 2026-09-01Regulatory assets
$4.28 billion
Total accounts
559
Employees
10
Disclosure events
0
Firm details
- Website: http://www.turtlecreekdallas.com
- Telephone: 214.468.0100
- SEC file number: 801-66626
- Most recent Form ADV filing: 2026-03-30
- SEC record: View this firm on the SEC's IAPD site
Disciplinary disclosures
This firm answered No to every Item 11 disciplinary question on its most recent Form ADV filing.
Assets and accounts
| Provides continuous and regular supervisory or management services | Yes |
| Discretionary regulatory assets under management | $1.55 billion |
| Non-discretionary regulatory assets under management | $2.73 billion |
| Total regulatory assets under management | $4.28 billion |
| Discretionary accounts | 465 |
| Non-discretionary accounts | 94 |
| Total accounts | 559 |
| Regulatory assets under management attributable to non-U.S. persons | $0 |
People
| Total employees (excluding clerical) | 10 |
| Employees performing investment advisory functions (including research) | 6 |
| Employees who are registered representatives of a broker-dealer | 0 |
| Employees registered as investment adviser representatives with a state | 3 |
| Employees registered as IARs for another investment adviser | 0 |
| Employees who are licensed insurance agents | 0 |
| Firms or persons who solicit advisory clients on the firm's behalf | 1 |
Custody
| Has custody of client cash or bank accounts | Yes |
| Has custody of client securities | Yes |
| Client funds and securities held in the firm's custody | $1.61 billion |
| Clients for whom the firm has custody | 104 |
| A related person has custody of client cash or bank accounts | Yes |
| A related person has custody of client securities | Yes |
| Client funds and securities held in a related person's custody | $2.67 billion |
| Clients for whom a related person has custody | 14 |
| The firm acts as a qualified custodian | No |
| A related person acts as a qualified custodian | No |
| Number of persons acting as qualified custodians for the firm's clients | 1 |
How the firm is compensated
Advisory services offered
Affiliated related persons
Reported conflicts of interest
Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:
- Buys or sells for itself securities it also recommends to clients
- Recommends brokers or dealers to clients
- Receives soft dollar benefits
- Compensates a non-employee for client referrals
- Provides employee compensation specifically for obtaining clients
Client types
| Type of client | Clients | Assets |
|---|---|---|
| Individuals (other than high net worth individuals) | 5 | $1.7 million |
| High net worth individuals | 96 | $4.24 billion |
| Charitable organizations | Not reported | $38.0 million |
| Corporations or other businesses not listed above | Not reported | $1.6 million |