MARKET ANALYSIS
The Texas Family Office Landscape
Sector allocation reflects Texas's industrial DNA. Energy and natural resources still command 22% of new deployments, though this has shifted from 40% fifteen years ago. Petrochemicals and downstream manufacturing attract 15%, benefiting from Gulf Coast infrastructure and logistics advantages. Technology and software now capture 20%, driven by Austin's emergence and the broader venture market. Real estate development accounts for 18%. Industrial manufacturing and logistics pull 12%. Healthcare and biotech represent 8%.
Energy transition investments are accelerating. Most Texas offices now maintain dedicated clean energy and decarbonization tracks, deploying 6-10% of capital into renewable energy, green hydrogen, and carbon capture solutions. This reflects both genuine sustainability commitment and economic opportunity. Traditional energy families are repositioning capital toward energy transition infrastructure.
Check sizes average $25-60M, with meaningful variance by metro. Houston offices show higher average checks ($35-65M) reflecting larger underlying fortunes and infrastructure deal economics. Dallas offices concentrate on the $20-50M range. Austin offices deploy smaller checks ($15-40M). Texas offices maintain high operational engagement expectations -- most require board seats, quarterly business reviews, and direct management access.
For Dallas-specific offices, see the Dallas family office directory. For Houston-specific offices, see the Houston family office directory.