Turtle Creek Management, Llc
- Regulatory AUM
- $4.3B
- Discretionary
- $1.6B
- Clients
- 101
- Avg AUM / client
- $42.4M
- Accounts
- 559
- Employees
- 10
AUM over time
Annual snapshots from Form ADV filings · as of Mar 30, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 5 | $1.7M | 0.04% |
| High net worth individuals | 96 | $4.2B | 99.0% |
| Charitable organizations | Fewer than 5 clients | $38.0M | 0.89% |
| Corporations and other businesses | Fewer than 5 clients | $1.6M | 0.04% |
People (4)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Philip Corder Witter Kistler | Manager | CFA | Mar 2006 (20y) | ≈ 37.5% – 75% via Tctc Holdings, Llc |
| Richard Craig Knocke | Manager | Oct 2007 (19y) | ≈ 37.5% – 75% via Tctc Holdings, Llc | |
| Wood, Sarah, Heimbach | Chief Compliance Officer | May 2011 (15y) | Less than 5% | |
| Mark Edward Lanyon | Registered representative | CFA | Jul 2020 (6y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Tctc Holdings, Llc | Sole Member | Dec 2009 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Philip Corder Witter Kistler: 50% – 75% of Tctc Holdings, Llc × 75% – 100% direct ≈ 37.5% – 75% of the firm
- Richard Craig Knocke: 50% – 75% of Tctc Holdings, Llc × 75% – 100% direct ≈ 37.5% – 75% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 1.02 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- National Financial Services (Fidelity) $2.6B (61% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 30, 2026.
View current Form ADV (SEC/IAPD) ↗