Dallas, TX

Dallas' True North Advisors Gets Equity Investment from Firms in Florida, California

Published

2 years ago

January 29, 2024

Dallas' True North Advisors Gets Equity Investment from Firms in Florida, California

True North Advisors, a Dallas-based registered investment adviser (RIA) with an office in Fort Worth, has entered into a strategic partnership with Wealth Partners Capital Group, a financial services holding company, and HGGC, a firm focused on partnership investing.

Both WPCG and HGGC have made minority equity investments in True North, the Dallas firm said. Financial terms were not disclosed.

“WPCG’s expertise in identifying strategic opportunities will undoubtedly enrich the depth and breadth of our core offerings, providing our clients with even more comprehensive solutions,” Scott Wood, CEO and co-founder of True North, said in a statement.

“We’re confident that this partnership will open up new opportunities for growth, creativity, and success,” added Mark Gehlbach, president and co-founder of True North.

WPCG, based in Palm Beach, Florida, and HGGC, based in Palo Alto, California, said they have made a minority equity investment in True North to help accelerate its growth via targeted acquisitions, the company said. The management team members of True North remain majority shareholders and will continue to control the decision-making and operations of the firm.

More than $3 billion in assets under management

Founded in 2000 by Wood and Gehlbach, True North is one of the fastest-growing RIAs in Texas and one of the top 150 RIAs in the country, the firm said.

True North said it serves significant business owners, entrepreneurs, and families with wealth planning, investment management, and business transaction planning solutions. The firm also oversees a growing, turnkey alternative investment platform, Western Alternative Strategies, that offers exclusive access to institutional-quality private investments.

True North said it has more than $3.3 billion in assets under management.

Targeting expansion in Texas and the Southwest

The firm said its partnership with WPCG and HGGC will allow it to remain focused on serving its clients while expanding its presence in Texas and the Southwest.

“With a deep and experienced management team, strong regional brand and a unique approach to planning and investments, True North is poised to become the leading wealth management firm in the Southwest,” John Copeland, managing partner of WPCG, said in a statement. “We’re excited to partner with Scott, Mark, and the entire True North team in growing the firm and attracting the highest level of advisory talent.”

Neil White, president of HGGC, said that his firm will invest in True North via Aspire Holdings, a holding company dedicated to investing in the wealth management space.

“True North is well positioned to expand its platform, and we are pleased to bring additional resources to help the firm continue its momentum through both organic growth and strategic M&A,” White said. “We look forward to supporting the management team on these and other business-building initiatives in the coming years.”

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Dallas, TX

Dallas weather: Severe storms bring hail and tornado threats | See timing

Published

8 hours ago

March 10, 2026

Press Room

Dallas weather: Severe storms bring hail and tornado threats | See timing

DALLAS – Severe thunderstorms are forecast to return to North Texas late Tuesday, bringing threats of damaging hail, high winds and localized flooding. While the primary concerns are wind and hail, a few tornadoes cannot be ruled out.

Tuesday Forecast

Dallas weather: Mar. 10 morning forecast

We have another chance of severe storms starting Tuesday afternoon. Meteorologist Ali Turiano has your forecast and everything you need to know ahead of the storms.

Scattered showers and storms are expected to develop as a dryline to the west moves into the region. Storm conditions are expected to intensify as the day progresses.

The greatest concerns remain damaging winds and large hail. The leading edge of the storm front will likely be the most intense, with the potential for straight-line winds and brief spin-up tornadoes.

LIVE Radar: Dallas-Fort Worth

Dallas Storms: Timing and Impact

The highest potential for severe weather in the Metroplex is from 2 p.m. to 6 p.m., though lingering activity could continue until 2 a.m. Wednesday. Residents are advised to seek shelter immediately if a warning is issued for their area.

7-Day Forecast

A final round of storms is expected Wednesday, primarily between noon and 7 p.m., according to the National Weather Service. These storms carry a threat of half-dollar-sized hail and damaging winds.

Behind this system, North Texas will dry out and briefly cool off. Sunny skies return Thursday with a high in the mid-60s. Temperatures will then warm into the upper 70s on Friday before a sunny weekend with highs in the low 80s.

The Source: Information in this article comes from the National Weather Service and FOX 4 forecasters.

WeatherDallasFort WorthSevere Weather

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Dallas, TX

How a women-led nonprofit is helping South Dallas residents stay in their homes

Published

20 hours ago

March 9, 2026

Press Room

How a women-led nonprofit is helping South Dallas residents stay in their homes – NBC 5 Dallas-Fort Worth

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Dallas, TX

Dallas weather: Storms return this week with large hail and tornado threat

Published

1 day ago

March 9, 2026

Press Room

Dallas weather: Storms return this week with large hail and tornado threat

article

DALLAS – North Texans will enjoy a brief break today before the next weather system arrives, bringing multiple rounds of storms. A warmup is on the way, with temperatures climbing back into the mid-80s by the weekend.

Monday Forecast

Following a few morning showers in the eastern counties, expect a warm and breezy Monday. High temperatures will climb into the low 80s under partly cloudy skies.

Tuesday Forecast

As an upper-level low-pressure system moves to the west, scattered storms will move into the region Tuesday afternoon. Some of these storms could become severe, with the primary threats being large hail, damaging winds and isolated tornadoes.

Simultaneously, storms are expected to develop ahead of a dryline to the west. While the tornado threat remains low in this area, any storms that form could produce large hail and damaging wind gusts.

7-Day Forecast

Those overnight storms should push out to the east by Wednesday morning, but don’t put the umbrella away just yet. As the main weather system moves directly over us Wednesday afternoon, we’ll likely see another round of scattered storms that could still bring with some hail. Once everything finally clears out Wednesday evening, we can look forward to some drier, much more comfortable air moving back into the area.

Thursday will be noticeably cooler, with high temperatures settling in the mid-60s. However, sunshine and a quick warmup are expected by the weekend. Temperatures will rebound into the 80s on Friday and Saturday.

The Source: Information in this article comes from the National Weather Service and FOX 4 forecasters.

WeatherSevere WeatherDallasFort Worth

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