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Investor Directory

Family Offices in Texas

Ten verified family offices appear in this Texas directory, part of a broader market of 280-340 offices managing combined assets above $320B across Dallas, Houston, and Austin metros. Covenant Multifamily Offices ($2.5B), Hunt Holdings ($250M), Petrus/Perot Investments, Barshop Ventures, and McCombs Enterprises represent the range of local capital. Houston alone controls roughly 45% of regional family office assets, driven by oil and gas legacies and downstream energy operations. Dallas pulls 35%, anchored by banking, insurance, and real estate families. Austin captures 20%, increasingly dominated by technology founders and venture-scale exits. Unlike coastal wealth centers, Texas family offices skew toward industrial and operational mindsets. Most maintain direct business experience and treat capital deployment as value creation, not passive allocation. Generational wealth remains substantial, but founder-led offices now represent 55% of new formations, reflecting recent technology exits and venture outcomes.

10 Firms Listed$3+ billion Combined AUM

Data last verified: April 2026

10 firms

Single-Family Officeverified

Barshop Ventures

San Antonio, TX

AUM

Key:Sam Barshop

The family office of Sam and Ann Barshop, founders of La Quinta Inns. Barshop Ventures invests across a diversified portfolio spanning commercial real estate, equity and fixed income securities, alternative investments, operating businesses, private equity, and early and mid-stage venture capital. The office takes an active role in portfolio company management across consumer, technology, and life sciences sectors.

Focus

Diversified Investing, Venture Capital, Private Equity, Real Estate

Sectors

TechnologyMediaConsumer ProductsLife SciencesReal Estate

Invests via

EquityFixed IncomeAlternative InvestmentsPrivate EquityVenture CapitalReal Estate
Multi-Family Officeverified

Covenant Multifamily Offices

San Antonio, TX

AUM

$2.5B

Covenant Multifamily Offices managed roughly $2.5B in assets before its 2023 acquisition by CAPTRUST Financial Advisors. Founded in 2010 in San Antonio, the firm offered a full suite of services including family office services, wealth transfer planning, and investment management. The acquisition expanded CAPTRUST's Texas presence and family office capabilities.

Focus

Full family office services, wealth transfer planning, and investment management

Sectors

Wealth ManagementReal Estate

Invests via

Diversified
Single-Family Officeverified

Glass Family Office

Pearland, TX

AUM

Glass Family Office operates through Glass Wealth Management, a straightforward, family-focused investment firm with one owner based in Pearland, Texas. The firm relies on direct investments to generate returns rather than third-party managers, working with HNW individuals and families who value relationship, expect performance, and appreciate fundamental investing. Services include investment management, family office services, and client development.

Focus

Fundamental, direct investment strategies for high-net-worth individuals and families

Sectors

Diversified
Single-Family Officeverified

Hunt Holdings

El Paso, TX

AUM

$250M

Hunt Companies is a privately held, diversified, family-owned holding company that invests in operating businesses, real estate assets, and infrastructure assets. Founded in 1947, the firm manages about $250M in regulatory assets alongside its substantial operating portfolio. Hunt delivers long-term value through smart investment, sustainable development, and trusted partnerships from its base in El Paso, Texas.

Focus

Diversified investments across real estate, infrastructure, and financial services

Sectors

Real EstateInfrastructureFinancial Services

Invests via

Direct InvestmentsPrivate Equity
Single-Family Officeverified

Hurd Enterprises

Texas

AUM

Hurd Enterprises and its affiliated partnerships are family-owned businesses focused on oil and gas exploration, real estate development, ranching, and investments. The company operates through multiple family partnerships including Hurd Enterprises, Ltd., Hurd Urban Development, Ltd., Hurd Ranch Company, Ltd., Hurd Investments, Ltd., and Laredo Hills, Ltd., LLP.

Focus

Oil and gas exploration, real estate development, ranching, and investments

Sectors

Oil and GasReal EstateRanching
Single-Family Officeverified

Killam Investements

Laredo, TX

AUM

The Killam Companies trace their origins to Oliver Winfield Killam, a pioneering figure in South Texas business. The family enterprise spans Killam Oil, Killam Development (with over 5M sq ft of real estate assets and thousands of acres of land for development in South Texas and the Rio Grande Valley), and related operating businesses. The organization maintains deep roots in the Laredo community with diversified holdings across energy, real estate, and management services.

Focus

Oil and gas, real estate development, and diversified operations across South Texas

Sectors

Oil & GasReal Estate DevelopmentDiversified
Single-Family Officeverified

LBJ Family Wealth Advisors

Elgin, TX

AUM

Key:Johnson Family

A single-family office serving the Johnson family for over 60 years, managing wealth through multiple market cycles and generational transitions. The organization balances financial and human capital while honoring the heritage and values of the Johnson family legacy.

Focus

Wealth Preservation, Multi-Generational Planning

Single-Family Officeverified

McCombs Partners

San Antonio, TX

AUM

McCombs Enterprises is the family office of legendary Texas entrepreneur Red McCombs, headquartered in San Antonio. The company spans five divisions: Investments, Energy, Real Estate, Automotive (Red McCombs Automotive Group), and Foundation. Building on a legacy of business innovation, McCombs Enterprises focuses on businesses, innovations, and opportunities that help Texas grow. Supporting San Antonio and Texas families, schools, research institutions, and non-profits has been central to the McCombs family mission.

Focus

Investments, energy, real estate, automotive, and philanthropy across Texas

Sectors

EnergyReal EstateAutomotiveInvestments
Single-Family Officeverified

Petrus Asset Management (Perot Investments)

Plano, TX

AUM

Key:Ross Perot Jr.

The family investment office of the Perot family, rooted in the entrepreneurial legacy of Ross Perot Sr. and now led by Ross Perot Jr. Petrus provides long-term capital and operational support to portfolio companies across information technology, real estate, aviation, and consumer sectors. The firm partners with business owners and management teams who value decisiveness, perseverance, and flexibility.

Focus

Long-Term Capital, Private Equity, Real Estate

Sectors

Information TechnologyReal EstateAviationConsumer Products

Invests via

EquityLong-Term Holdings
Multi-Family Officeverified

Virtus Family Office

El Paso, TX

AUM

Virtus Family Office is an independent MFO and wealth advisory firm with a team of experts dedicated to personalized solutions that improve the management and growth of family wealth. With years of industry experience, the firm provides consulting, management of global public and private assets, and helps families build their future while protecting their legacy. Based in Texas with Latin American client relationships.

Focus

Personalized wealth management and advisory for families seeking strong growth and legacy protection

Sectors

Wealth ManagementGlobal Assets

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.

LOCAL MARKET

Why Texas

Texas family offices hold unmatched energy sector expertise. Capital seekers in energy and energy transition benefit from family office knowledge of commodity markets, supply chains, and regulatory environments. A renewable energy developer raising capital from Texas family offices benefits from their deep energy sector understanding.

Energy transition creates both challenge and opportunity for legacy wealth. Families successfully moving toward clean energy infrastructure gain significant competitive advantages. Infrastructure expertise translates directly to renewable energy project development.

Technology founder wealth is accelerating Austin family office capital deployment. Austin tech founders bring venture capital experience and emerging market risk tolerance that sets them apart from legacy energy offices. Co-investment participation reaches 18-25%, well above national averages.

Frequently Asked Questions

40-70% depending on office philosophy and generational transition status. Offices transitioning leadership allocate 30-50% to hydrocarbons while increasing renewable energy and climate tech. Pure energy transition offices allocate 10-20% to legacy energy.

Yes. Renewable energy infrastructure, battery storage, carbon capture, and clean tech are the fastest-growing allocations -- increasing from 5-10% historically to 20-40% currently.

Median checks range from $25-60M depending on metro. Houston offices average $35-65M, Dallas $20-50M, Austin $15-40M. Most offices expect significant operational engagement.

Based on cash flow stability, long-term contract value, supply chain criticality, and regulatory risk. Pipeline, midstream, and port infrastructure offering 8-12% cash yield with inflation-protected revenues attract institutional allocation.

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