Investment adviser · CRD 153914

SALIENT CAPITAL ADVISORS, LLC

Investment adviser filing (IA)

HOUSTON, TX, United States · Form ADV filed Dec 5, 2022

Regulatory AUM: $2.09B
Client accounts: 337
Employees: 44
Advisory professionals: 17

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
Investment companies	2	$893,317,373	42.7%
Government entities	9	$679,511,972	32.5%
High-net-worth individuals	312	$208,697,427	10.0%
Pooled investment vehicles	2	$180,333,137	8.6%
Corporations & businesses	11	$80,525,381	3.8%
Retirement plans	1	$51,407,555	2.5%

Filing source

Form ADV 1692600 · Dec 5, 2022 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

39 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

SALIENT MLP TOTAL RETURN FUND, L.P.Hedge Fund · Last reported Dec 5, 2022$145MGross asset value

Fund administrator SS&C TECHNOLOGIES, INC. IRVING, Texas, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor BKD, LLP DALLAS, Texas, United States

Custodian CITIBANK, N.A. NEW YORK, New York, United States Related to adviser: No

Marketer BEL AIR SECURITIES LLC LOS ANGELES, California, United States Related to adviser: No

Marketer FIELDPOINT PRIVATE SECURITIES LLC GREENWICH, Connecticut, United States Related to adviser: No

Marketer FNEX CAPITAL, LLC INDIANAPOLIS, Indiana, United States Related to adviser: No

Marketer HIGHTOWER SECURITIES, LLC CHICAGO, Illinois, United States Related to adviser: No

Marketer MORGAN STANLEY NEW YORK, New York, United States Related to adviser: No

Marketer SALIENT CAPITAL L.P. HOUSTON, Texas, United States Related to adviser: Yes

Marketer STIFEL, NICOLAUS & COMPANY, INCORPORATED NEW YORK, New York, United States Related to adviser: No

Marketer UMB FINANCIAL SERVICES, INC. KANSAS CITY, Missouri, United States Related to adviser: No

Marketer USCA SECURITIES LLC HOUSTON, Texas, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

BKD, LLP
PCAOB 686

BEL AIR SECURITIES LLC
CRD 134953 · SEC 8-66875

FIELDPOINT PRIVATE SECURITIES LLC
CRD 18975 · SEC 801-78295

FNEX CAPITAL, LLC
CRD 166316 · SEC 8-69199

HIGHTOWER SECURITIES, LLC
CRD 116681 · SEC 8-53560

MORGAN STANLEY
CRD 149777 · SEC 801-70103

SALIENT CAPITAL L.P.
CRD 147912 · SEC 8-67938

STIFEL, NICOLAUS & COMPANY, INCORPORATED
CRD 793 · SEC 801-10746

UMB FINANCIAL SERVICES, INC.
CRD 17073 · SEC 801-62967

USCA SECURITIES LLC
CRD 103789 · SEC 8-52285

Fund details & source

Fund ID: 805-9352872625
Reported beneficial owners: 279
Minimum commitment: $250K
Form D file number: 021-204646

Form ADV 1692600 · Dec 5, 2022 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

SALIENT MLP TOTAL RETURN TE FUND, L.P.Hedge Fund · Last reported Dec 5, 2022$45.6MGross asset value

Fund administrator SS&C TECHNOLOGIES, INC. IRVING, Texas, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor BKD, LLP DALLAS, Texas, United States

Custodian CITIBANK, N.A. NEW YORK, New York, United States Related to adviser: No

Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No

Custodian MORGAN STANLEY & CO. LLC NEW YORK, New York, United States Related to adviser: No