Annandale Capital, LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$1,100,115,000
Clients
200
Advisors
3
of 5 employees
About
Annandale provides discretionary and non‑discretionary investment management and manager selection for individuals, family offices, profit‑sharing plans, trusts, estates, charitable organizations and other business entities. As of 12/31/2025 the firm reported managing approximately $1.55 billion and offers portfolio construction, manager due diligence and performance reporting as its primary services.
The firm follows a manager‑of‑managers approach, performing bottom‑up quantitative, qualitative and operational research to build allocations across equities, fixed income, hedge funds, private equity, commodities and other asset classes. Annandale tailors asset allocations to client goals, liquidity needs and tax situations, but concentrates its service offering on investment management rather than broader financial planning.
Noteworthy features in the brochure include bespoke fee arrangements with a family‑office client—such as backend profit‑sharing and carried‑interest style payments for certain investments—which the firm discloses as part of its performance‑fee arrangements. The brochure also documents use of derivatives (options) and private, illiquid investments with related leverage and liquidity considerations, and describes operational safeguards around custody and third‑party transfers.
Client services
Expertise
Fee options
Flat monthly consulting fee for a family office client (amount not specified)
1.00% annually, billed quarterly in advance based on assets at the beginning of each quarter
Backend profit sharing agreement (carried interest) for certain family office investments; fees based on called capital or one-time payments from underlying funds for select investments
Account minimum: $5,000,000
Main office
2626 Cole Avenue, Suite 700
Dallas TX 75204
Advisors at this office
3
Most active in
Arizona · Florida · New York · Texas
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Quick links
Advisors at this firm
Craig W
Series 66
Dallas, TX
Annandale Capital, LLC
Craig Wenning is a financial advisor at Annandale Capital, LLC in Dallas, TX, with 18 years of industry experience. He holds the Series 66 designation and has been with Annandale Capital since 2009. Annandale Capital provides discretionary investment management and manager selection services to individuals, family offices, trusts, estates, charitable organizations, and other business entities. The firm employs a comprehensive investment process that includes quantitative, qualitative, and operational due diligence across a wide range of asset classes, and it serves both retail and institutional clients.
George S
Series 65
Dallas, TX
Annandale Capital, LLC
George Seay is a financial advisor at Annandale Capital, LLC in Dallas, TX, holding a Series 65 designation with 20 years of industry experience. He has been with Annandale Capital since 2005 and has concurrently operated Seay Stewardship and Investment Company since 1998. Annandale Capital provides discretionary investment management and manager selection services to a range of clients, including individuals, family offices, trusts, and charitable organizations. The firm employs a comprehensive investment process that includes quantitative, qualitative, and operational due diligence across diverse asset classes, offering customized asset-allocation solutions and institutional-style service through a small advisory team.
Ryan H
CFA®
Dallas, TX
Annandale Capital, LLC
Ryan Hembree is a CFA® charterholder affiliated with Annandale Capital, LLC in Dallas, TX. He has been with Annandale Capital since 2007. Annandale Capital provides discretionary and non-discretionary investment management and manager selection for individuals, family offices, profit-sharing plans, trusts, estates, charitable organizations, and other business entities. The firm employs a manager-of-managers approach, using bottom-up quantitative, qualitative, and operational research to construct diversified portfolios across various asset classes tailored to client goals.
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