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True North Advisors, LLC

True North Advisors, LLC. CRD 116048

True North Advisors, LLC logo

CRD: 116048

True North Advisors, LLC

$5.4B Total AUM
$5.0B Disc. AUM
20.4% 3Y CAGR
89 Employees
1,068 ADV. Clients
24 yrs Firm Age

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Firm Details

Custodian
Charles Schwab & Company · Fidelity/NFS · TD Ameritrade
Clients
Retail and Institutional
Established Date
11-16-2001
Office Locations
6

Office Locations

12707 Nutty Brown Road Suite A15 Austin TX
200 Earl Garrett Street Suite 202 Kerrville TX
3100 West 7TH Street Suite 330 Ft. Worth TX

About True North Advisors, LLC

True North Advisors is a privately held independent wealth manager and multi-family office (founded 2000) serving business owners, entrepreneurs, and families with comprehensive wealth planning, investment management, and transaction advisory. The firm blends public and private/alternative investments and also oversees Western Alternative Strategies, an institutional alternative investment platform.

Reported data analysis

What the numbers show

Between December 3, 2025 and March 27, 2026, reported AUM increased 21.1%, from $4.5B to $5.4B.

Across 5 reported observations, AUM increased 88.8% between October 21, 2022 and March 27, 2026, from $2.9B to $5.4B.

Of the latest reported AUM, 92.6% is discretionary and 7.4% is non-discretionary.

The firm reports 31 advisory representatives and 1,068 clients, or 34.5 clients per representative. That equates to $5.1M in reported AUM per client.

The profile lists 6 reported office locations and 24 years in operation. The source data was last updated on July 16, 2026. Figures reflect reported regulatory data and may not include subsequent changes.

Team overview

43 AVG AGE
$174.9M AVG AUM / ADVISOR
$5.1M AVG AUM / CLIENT
4.9 yrs AVG TENURE
89 Employees
31 Advisory Reps
31 RIA Reps
24yrs Firm Age

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Available data coverage

  • Asset Classes
  • Client Personas
  • Custodian
  • Investment Themes
  • Investment Vehicles
  • Platform
  • Services
  • Technology

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Owner & Executives

SCOTT ADAIR WOOD

SCOTT ADAIR WOOD

Advisor, Chief Executive Officer, Managing Member

CRD
#2114641
Ownership
25% but less than 50%
M

MARK HUNTER GEHLBACH MR

Advisor, Managing Member, President

CRD
#2833692
Ownership
10% but less than 25%

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Contacts

MICHAEL JAY ANDERSON

MICHAEL JAY ANDERSON

Partner

CRD
#4762987
C

COLIN JAMES BINDNER

Wealth Manager

CRD
#6200376

Showing 2 of 33 contacts

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Assets Under Management

Total AUM
Discretionary
Non-Discretionary
10-21-2022
10-03-2023
09-26-2024
12-03-2025
03-27-2026
Category Assets AVG. Account size
Discretionary $5,020,432,016 $950,120
Non-Discretionary $402,221,452 $28,730,104
Total $5,422,653,468 $1,023,528

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Separately Managed Accounts

SMA allocation detail is available

True North Advisors, LLC has reported separately managed account data across 6 asset classes. AdvizorPro provides the associated asset values, allocation percentages, and exportable breakdown.

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13F Holdings | Q2 2026

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True North Advisors, LLC's 13F holdings detail is available for Q2 2026, including issuer, security class, CUSIP, ticker, portfolio weight, and reported value.

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