Shelter Wealth Strategies, LLC

Shelter Wealth Strategies is an SEC-registered investment adviser that provides discretionary wealth management, financial planning, retirement-account advice and referring‑adviser/promoter services to a mix of families, trusts, foundations, endowments and individual clients. As of December 31, 2025 the firm reported approximately $144.1 million in discretionary assets under management across 36 client relationships and an additional $575.2 million of referred assets under administration.

The firm constructs client portfolios using a combination of separately managed accounts, direct indexing, model portfolios, ETFs, mutual funds, individual equities, fixed income and alternative investments, and it exercises discretionary authority to buy, sell and rebalance positions based on client objectives and market conditions. Shelter generally charges percentage‑of‑AUM management fees, typically requires custody through Fidelity or Schwab, and may consolidate household assets for fee calculations.

What distinguishes Shelter from many team advisers is the scale and structure of its referral and affiliate relationships: it is a subsidiary of HFB Holdings (which is controlled by LKCM Headwater and Maple Valley Investments) and has affiliated businesses (Sage Settlement Consulting and United Settlement Solutions) that deliver settlement and insurance‑related programs and enter into promoter arrangements. Those promoter/referral arrangements, together with a relatively small direct client count relative to advisor headcount and a large pool of referred assets, give Shelter a business mix that is more referral‑centric than the broader individual‑client focus typical of many peers.