# LBJ Family Wealth Advisors

LBJ Family Wealth Advisors is a Multi Family Office based in Austin, United States.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** Austin, United States
- **Region:** North America
- **Address:** 3800 North Lamar Suite 200, Austin, TX, United States
- **Founded:** 2003
- **Assets under management:** 349 (Altss estimate)
- **Website:** lbjadvisors.com
- **LinkedIn:** https://www.linkedin.com/company/lbj-family-wealth-advisors-ltd./

## Regulatory record

- **CRD number:** 129701
- **SEC file number:** 801-64374
- **Registration status:** APPROVED
- **Latest Form ADV filing:** 2026-02-09T06:00:00.000Z
- **Reports private funds:** Yes
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/129701

## About

LBJ Family Wealth Advisors was established in 2003 by Luci Baines Johnson, daughter of President Lyndon B. Johnson. Its wealth origin traces to Lady Bird Johnson's 1942 purchase of a CBS radio affiliate that later formed the core of the family media holdings. The firm allocates across private equity, real estate, commodities, natural resources, and philanthropic vehicles. It maintains confirmed exposure to buyout strategies and ESG-linked themes. Geographic focus centers on North America. Legacy holdings include timberland in Texas and interests once held through LBJ Holding Company. Public equity positions reported in recent filings include Microsoft, NVIDIA, and Apple. The firm employs no disclosed headcount figure. It maintains membership in the Family Wealth Alliance and the Palm Beach Hedge Fund Association. Luci Baines Johnson and Ian J. Turpin continue to direct operations from the Austin headquarters. In October 2024 the firm participated as a speaker at the Opal Family Office & Private Wealth Management Forum on family governance. Succession and governance rest on direct family involvement. Luci Baines Johnson holds founder and limited partner status while her husband Ian J. Turpin serves as president. This structure keeps investment and philanthropic decisions inside the Johnson family line rather than delegating to external managers.

## Sectors

- Private Equity
- Real Estate
- Philanthropic / Mission-Related Investing
- Natural Resources

## People

- Luci Baines Johnson — Founder and Limited Partner
- Ian J. Turpin — President and Director

## Questions

### Who runs investment decisions at LBJ Family Wealth Advisors?

Luci Baines Johnson serves as founder and limited partner. Ian J. Turpin acts as president and director. Both maintain direct oversight of portfolio and governance matters.

### Does LBJ Family Wealth Advisors participate in fund commitments or only direct deals?

The firm deploys across fund-of-funds, private equity, and direct holdings. Confirmed investment types include commodities, real estate, and natural resources.

### What investment stages does LBJ Family Wealth Advisors typically target?

Buyout is the confirmed stage. The firm also maintains exposure to ESG and biotech themes through its allocation mix.

### How is LBJ Family Wealth Advisors related to the Johnson family?

Luci Baines Johnson founded the firm. Her husband Ian J. Turpin serves as president. Granddaughter Catherine Robb and daughter Lynda Johnson Robb sit on related foundation boards.

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/lbj-family-wealth-advisors

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology