Terry McDaniel & Company logo

Terry McDaniel & Company

Updated today

Client AUM

$1,872,090,749

Clients

370

Advisors

7

of 13 employees

About

Terry McDaniel & Company provides discretionary management of stock and bond portfolios for individuals, individual retirement accounts, trusts, estates and charitable organizations. With about $1.92 billion in assets under management distributed across seven advisers, the firm operates at a substantially higher assets-per-adviser level than most comparable team firms.

The firm’s investment process is centered on bottom-up fundamental research conducted by an in-house analyst team; analysts are required to hold the CFA designation or be enrolled in the CFA program. Portfolios are managed with a long-term orientation—equity sleeves are typically concentrated (around 25 holdings) with low turnover, while fixed-income allocations emphasize investment-grade, short-to-intermediate maturities and tax-aware decisions.

Terry McDaniel & Company does not offer standalone financial planning services and instead focuses on portfolio management, generally requiring a $1,000,000 account minimum (waivers possible). The firm also does not vote client proxies, conducts formal quarterly reviews, and follows trading practices—such as consulting clients before trades and not routinely bunching orders—that can produce different execution outcomes compared with many peers.

Client services

Portfolio management

Expertise

Wealth management Active portfolio management General tax planning

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Fee options

Percentage

$0 - $2,000,000: 1.0% per year $2,000,001 - $25,000,000: 0.75% per year $25,000,001 - $100,000,000: 0.50% per year $100,000,001+: 0.25% per year

Other

Account minimum: $1,000,000

Main office

2630 Exposition Blvd., Suite 300

Austin TX 78703

Advisors at this office

7

Most active in

Louisiana · Texas

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Terry M

CFA®

Austin, TX

Terry McDaniel & Company

Terry McDaniel is a CFA® charterholder with 23 years of industry experience. He has been with Terry McDaniel & Company since 1985. The firm provides discretionary investment management of stock and bond portfolios for individuals, retirement accounts, trusts, estates, and charitable organizations. Terry McDaniel & Company serves clients through a team of seven advisors, managing approximately $1.78 billion in assets with a focus on bottom-up fundamental research and individualized portfolio structuring based on income, assets, insurance, tax, and family considerations.

Wealth management Active portfolio management General tax planning
user avatar

Jeffrey L

CFA®, CIC

Austin, TX

Terry McDaniel & Company

Jeffrey Lucado is a CFA® and CIC credentialed financial advisor with 23 years of experience. He has been with Terry McDaniel & Company in Austin, TX since 1992. Terry McDaniel & Company provides discretionary investment management for individuals, IRAs, trusts, estates, and charitable organizations. The firm emphasizes bottom-up fundamental research and constructs portfolios tailored to each client’s financial and tax situation, managing approximately $1.78 billion in assets across seven advisors.

Wealth management Active portfolio management General tax planning
user avatar

Steven W

CFA®

Austin, TX

Terry McDaniel & Company

Steven Winegar is a CFA® charterholder with 13 years of industry experience. He has been with Terry McDaniel & Company since 2006. The firm provides discretionary investment management of stock and bond portfolios for individuals, IRAs, trusts, estates, and charitable organizations. Terry McDaniel & Company manages approximately $1.78 billion in assets across seven advisors, emphasizing bottom-up fundamental research and individualized portfolio construction tailored to clients’ financial situations.

Wealth management Active portfolio management General tax planning
user avatar

John M

CFA®

Austin, TX

Terry McDaniel & Company

John Mcdaniel is a CFA® charterholder with 13 years of industry experience, currently serving as an advisor at Terry McDaniel & Company in Austin, TX. He has been with the firm since 1998. Terry McDaniel & Company provides discretionary investment management for individuals, IRAs, trusts, estates, and charitable organizations. The firm emphasizes bottom-up fundamental research and structures portfolios individually based on clients’ financial situations, managing approximately $1.78 billion in assets across seven advisors.

Wealth management Active portfolio management General tax planning
user avatar

Claude T

CFA®

Austin, TX

Terry McDaniel & Company

Claude Turlington is a CFA® charterholder with 23 years of industry experience. He has been with Terry McDaniel & Company in Austin, TX since 1999. Terry McDaniel & Company provides discretionary investment management of stock and bond portfolios for individuals, IRAs, trusts, estates, and charitable organizations. The firm’s investment process centers on bottom-up fundamental research and custom portfolio construction tailored to each client’s financial situation and risk tolerance.

Wealth management Active portfolio management General tax planning
user avatar

Meredith M

CFA®

Austin, TX

Terry McDaniel & Company

Meredith Mcdaniel is a CFA® charterholder with 13 years of industry experience, currently serving as an advisor at Terry McDaniel & Company in Austin, TX. She has been with the firm since 1998, which has a team of seven advisors. Terry McDaniel & Company provides discretionary investment management for individuals, IRAs, trusts, estates, and charitable organizations. The firm emphasizes bottom-up fundamental research conducted by CFA-qualified staff, managing portfolios tailored to individual client circumstances with a focus on low turnover equity holdings and investment-grade fixed income.

Wealth management Active portfolio management General tax planning
user avatar

Shannon P

Series 63, Series 65

Austin, TX

Terry McDaniel & Company

Shannon Pitcher is a financial advisor at Terry McDaniel & Company in Austin, TX, with 19 years of industry experience. She holds Series 63 and Series 65 licenses and has been with Terry McDaniel & Company since 2019, following a decade at Integra Asset Advisors, LLC. Terry McDaniel & Company provides discretionary investment management for individuals, IRAs, trusts, estates, and charitable organizations, managing approximately $1.78 billion in assets across seven advisors. The firm emphasizes bottom-up fundamental research, with equity portfolios typically holding about 25 individual positions and fixed income allocations tailored to clients’ tax status and risk tolerance.

Wealth management Active portfolio management General tax planning
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