SENDERO WEALTH MANAGEMENT, LLC

RIASEC RegisteredEst. 2007

Total AUM

$6.5B

Discretionary

$2.2B

34% of AUM

Avg account

$3.3M

Accounts

1,948

Employees

Advisory reps

Firm details

Headquarters: SAN ANTONIO, Texas
CRD number: 145594
Registered since: November 30, 2007
Website: sendero.com
Custodians: PERSHING LLC, BOFA SECURITIES, INC.
Fee structure: Percentage of AUM, Fixed Fees
Client types: HNWI55.82%
Charitable Organizations41.45%
Corporations / Businesses2.02%
Individuals0.59%
Pension & Profit Sharing Plans0.1%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Sendero Wealth Management, LLC is an independent registered investment adviser organized as an LLC and SEC-registered in 2007. The firm acts as a capital allocator for both high-net-worth individuals and families as well as institutional clients, charging either a percentage of assets under management or fixed fees. Advisory services described in filings include financial planning, discretionary and non-discretionary portfolio management for individuals, small businesses and institutions, manager selection, and educational workshops. Sendero does not identify as an active ESG investor and is not listed as a multi-state adviser in the available snapshot. The firm also lists a broker-dealer affiliation among its industry ties. Sendero has been recognized in industry rankings, including placement on Financial Times’ Top 300 RIA Firms in 2020 and appearances on Forbes’ lists of top RIA firms in 2023 and 2024.