Lbj Family Wealth Advisors, Ltd.

LBJ Family Wealth Advisors, Ltd. is an SEC-registered investment adviser specializing in managing marketable and alternative assets for high-net-worth families and individuals. Established in October 2003, the firm, led by Luci Baines Johnson and Ian J. Turpin, offers investment supervisory and asset management services tailored to each client's unique financial goals. The firm's investment committee formulates general investment principles, but individual client needs and goals are paramount in crafting personalized investment strategies. For liquid securities, the firm creates target asset allocations, selects securities, and executes trades to invest and rebalance portfolios. For alternative assets like real estate and private equity, LBJ Family Wealth Advisors may manage operations or work with external managers. The firm aims to provide a comprehensive view of clients' total wealth and assists in intergenerational wealth transfer planning. Clients with discretionary accounts have full authority to hire, manage, and terminate brokers and advisors. The firm charges a quarterly fee of up to 0.25% based on assets under management, with a minimum portfolio requirement of $10,000,000 for new clients. LBJ Family Wealth Advisors does not engage in wrap fee programs and does not receive performance-based fees. The firm emphasizes risk management, considering factors like asset class risk, market risk, and concentration risk in investment decisions. Clients are regularly updated on portfolio performance and asset allocation. LBJ Family Wealth Advisors maintains a Code of Ethics focused on fiduciary responsibility, integrity, and regulatory compliance. Faith Creighton Vincent, the Chief Investment Officer, and Willyn Cobb Wahl, the Controller, oversee the firm's operations and client accounts. Both professionals have extensive educational backgrounds and certifications in wealth management. They have clean disciplinary records and do not engage in other investment-related activities or receive compensation outside of their roles at LBJ Family Wealth Advisors.