# EDGAR Filing Document

**Accession Number:** 0001772937
**File Stem:** 0001772937-23-000001
**Filing Date:** 2023-2
**Character Count:** 12037
**Document Hash:** b6a92b08e48c0c6cc2e779c3c4fbc475
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001772937-23-000001.hdr.sgml**: 20230214

**ACCESSION NUMBER**: 0001772937-23-000001

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230214

**DATE AS OF CHANGE**: 20230214

**EFFECTIVENESS DATE**: 20230214

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tolleson Wealth Management, Inc.
- **CENTRAL INDEX KEY:** 0001772937
- **IRS NUMBER:** 030430021
- **STATE OF INCORPORATION:** TX
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-19460
- **FILM NUMBER:** 23624702

**BUSINESS ADDRESS:**
- **STREET 1:** 5500 PRESTON ROAD
- **STREET 2:** SUITE 250
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75205
- **BUSINESS PHONE:** 2142523250

**MAIL ADDRESS:**
- **STREET 1:** 5500 PRESTON ROAD
- **STREET 2:** SUITE 250
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75205

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Tolleson Wealth Management Inc.<br>**Address:** 5500 PRESTON ROAD<br>SUITE 250<br>DALLAS, TX 75205

**Form 13F File Number:** 028-19460

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Tracie H. Klein<br>**Title:** VP  Secretary<br>**Phone:** 214-252-3265

**Signature, Place, and Date of Signing:**

Tracie H. Klein  Dallas, TX  02-14-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 2

**Form 13F Information Table Entry Total:** 77

**Form 13F Information Table Value Total:** $369234

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

| No.   | Name                                  | Form 13F File Number   |
|:---|:---|:---|
|  | TPWM Services Inc.                    | 028-19461              |
|  | Tolleson Private Wealth Management LP | 028-19462              |

### FORM 13F INFORMATION TABLE

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|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| AMAZON COM INC COM | Stock | 023135106 |  | 338 | 4020 | SH |  | DFND | 12 | 0 | 0 | 4020 |
| TECHNOLOGY SELECT SECTOR SPDR FUND | ETF | 81369Y803 |  | 293 | 2356 | SH |  | DFND | 12 | 0 | 0 | 2356 |
| STARBUCKS CORP COM | Stock | 855244109 |  | 318 | 3201 | SH |  | DFND | 12 | 0 | 0 | 3201 |
| SPDR PORTFOLIO AGGREGATE BOND ETF | ETF | 78464A649 |  | 367 | 14616 | SH |  | DFND | 12 | 0 | 0 | 14616 |
| ISHARES U.S. EQUITY FACTOR ETF | ETF | 46434V282 |  | 12721 | 326097 | SH |  | DFND | 12 | 0 | 0 | 326097 |
| GOLDMAN SACHS GROUP INC COM | Stock | 38141G104 |  | 921 | 2683 | SH |  | DFND | 12 | 0 | 0 | 2683 |
| REATA PHARMACEUTICALS INC CL A | Stock | 75615P103 |  | 1795 | 47250 | SH |  | DFND | 12 | 0 | 0 | 47250 |
| AFFILIATED MANAGERS GROUP INC COM | Stock | 008252108 |  | 209 | 1319 | SH |  | DFND | 12 | 0 | 0 | 1319 |
| ISHARES INTERNATIONAL EQUITY FACTOR ETF | ETF | 46434V274 |  | 27323 | 1110642 | SH |  | DFND | 12 | 0 | 0 | 1110642 |
| SPDR MSCI USA STRATEGICFACTORS ETF | ETF | 78468R812 |  | 113669 | 1030453 | SH |  | DFND | 12 | 0 | 0 | 1030453 |
| LAUDER ESTEE COS INC CL A | Stock | 518439104 |  | 756 | 3047 | SH |  | DFND | 12 | 0 | 0 | 3047 |
| ISHARES MSCI GLOBAL SUSTAINABLE DEVELOPMENT GOALS ETF | ETF | 46435G532 |  | 1449 | 18367 | SH |  | DFND | 12 | 0 | 0 | 18367 |
| SPDR S 500 ETF TRUST | ETF | 78462F103 |  | 13299 | 34774 | SH |  | DFND | 12 | 0 | 0 | 34774 |
| MASTERCARD INCORPORATED CL A | Stock | 57636Q104 |  | 2274 | 6539 | SH |  | DFND | 12 | 0 | 0 | 6539 |
| ISHARES MSCI ALL COUNTRY ASIA EX JAPAN ETF | ETF | 464288182 |  | 3065 | 47310 | SH |  | DFND | 12 | 0 | 0 | 47310 |
| ISHARES COHEN  STEERS REIT ETF | ETF | 464287564 |  | 516 | 9406 | SH |  | DFND | 12 | 0 | 0 | 9406 |
| URBAN ONE INC CL A | Stock | 91705J105 |  | 134 | 29466 | SH |  | DFND | 12 | 0 | 0 | 29466 |
| NUVEEN ESG INTERNATIONAL DEVELOPED MARKETS EQUITY ETF | ETF | 67092P805 |  | 624 | 24179 | SH |  | DFND | 12 | 0 | 0 | 24179 |
| AUTOMATIC DATA PROCESSING INC COM | Stock | 053015103 |  | 529 | 2205 | SH |  | DFND | 12 | 0 | 0 | 2205 |
| NUVEEN ESG EMERGING MARKETS EQUITY ETF | ETF | 67092P888 |  | 486 | 19090 | SH |  | DFND | 12 | 0 | 0 | 19090 |
| SPDR GOLD SHARES | ETF | 78463V107 |  | 1039 | 6127 | SH |  | DFND | 12 | 0 | 0 | 6127 |
| ISHARES RUSSELL 1000 GROWTH ETF | ETF | 464287614 |  | 4550 | 21236 | SH |  | DFND | 12 | 0 | 0 | 21236 |
| SCHWAB U.S. BROAD MARKET ETF | ETF | 808524102 |  | 1590 | 35481 | SH |  | DFND | 12 | 0 | 0 | 35481 |
| CONSUMER STAPLES SELECT SECTOR SPDR FUND | ETF | 81369Y308 |  | 902 | 12098 | SH |  | DFND | 12 | 0 | 0 | 12098 |
| ISHARES BROAD USD HIGH YIELD CORPORATE BOND ETF | ETF | 46435U853 |  | 6952 | 201337 | SH |  | DFND | 12 | 0 | 0 | 201337 |
| ADOBE SYSTEMS INCORPORATED COM | Stock | 00724F101 |  | 767 | 2279 | SH |  | DFND | 12 | 0 | 0 | 2279 |
| INTUIT COM | Stock | 461202103 |  | 377 | 969 | SH |  | DFND | 12 | 0 | 0 | 969 |
| MICROSOFT CORP COM | Stock | 594918104 |  | 1281 | 5341 | SH |  | DFND | 12 | 0 | 0 | 5341 |
| FIRST TRUST TCW UNCONSTRAINED PLUS BOND ETF | ETF | 33740F888 |  | 13665 | 566789 | SH |  | DFND | 12 | 0 | 0 | 566789 |
| BOEING CO COM | Stock | 097023105 |  | 205 | 1075 | SH |  | DFND | 12 | 0 | 0 | 1075 |
| VANGUARD SMALL-CAP ETF | ETF | 922908751 |  | 323 | 1761 | SH |  | DFND | 12 | 0 | 0 | 1761 |
| VANGUARD MID-CAP ETF | ETF | 922908629 |  | 237 | 1164 | SH |  | DFND | 12 | 0 | 0 | 1164 |
| VANGUARD SHORT-TERM TREASURY ETF | ETF | 92206C102 |  | 935 | 16164 | SH |  | DFND | 12 | 0 | 0 | 16164 |
| VANGUARD FTSE EUROPE ETF | ETF | 922042874 |  | 1515 | 27321 | SH |  | DFND | 12 | 0 | 0 | 27321 |
| VANGUARD S 500 ETF | ETF | 922908363 |  | 951 | 2707 | SH |  | DFND | 12 | 0 | 0 | 2707 |
| VANGUARD TOTAL INTERNATIONAL STOCK ETF | ETF | 921909768 |  | 1306 | 25256 | SH |  | DFND | 12 | 0 | 0 | 25256 |
| SYSCO CORP COM | Stock | 871829107 |  | 605 | 7908 | SH |  | DFND | 12 | 0 | 0 | 7908 |
| INVESCO S SMALLCAP MOMENTUM ETF | ETF | 46137V498 |  | 1389 | 29468 | SH |  | DFND | 12 | 0 | 0 | 29468 |
| ISHARES RUSSELL MID-CAP GROWTH ETF | ETF | 464287481 |  | 16976 | 203065 | SH |  | DFND | 12 | 0 | 0 | 203065 |
| VANGUARD FTSE PACIFIC ETF | ETF | 922042866 |  | 13879 | 215678 | SH |  | DFND | 12 | 0 | 0 | 215678 |
| KRONOS WORLDWIDE INC COM | Stock | 50105F105 |  | 237 | 25245 | SH |  | DFND | 12 | 0 | 0 | 25245 |
| ISHARES MSCI EMERGING MARKETS MIN VOL FACTOR ETF | ETF | 464286533 |  | 1515 | 28551 | SH |  | DFND | 12 | 0 | 0 | 28551 |
| NUVEEN ESG LARGE-CAP ETF | ETF | 67092P862 |  | 1361 | 42238 | SH |  | DFND | 12 | 0 | 0 | 42238 |
| VISA INC COM CL A | Stock | 92826C839 |  | 1625 | 7821 | SH |  | DFND | 12 | 0 | 0 | 7821 |
| ISHARES MSCI EAFE MIN VOL FACTOR ETF | ETF | 46429B689 |  | 8769 | 137913 | SH |  | DFND | 12 | 0 | 0 | 137913 |
| Impact Shares Affordable Housing MBS ETF | ETF | 45259R103 |  | 402 | 23562 | SH |  | DFND | 12 | 0 | 0 | 23562 |
| ISHARES MSCI USA MIN VOL FACTOR ETF | ETF | 46429B697 |  | 5572 | 77275 | SH |  | DFND | 12 | 0 | 0 | 77275 |
| PHILLIPS 66 COM | Stock | 718546104 |  | 356 | 3425 | SH |  | DFND | 12 | 0 | 0 | 3425 |
| ISHARES CORE S TOTAL U.S. STOCK MARKET ETF | ETF | 464287150 |  | 15557 | 183454 | SH |  | DFND | 12 | 0 | 0 | 183454 |
| VANGUARD RUSSELL 3000 ETF | ETF | 92206C599 |  | 2868 | 16701 | SH |  | DFND | 12 | 0 | 0 | 16701 |
| D R HORTON INC COM | Stock | 23331A109 |  | 437 | 4901 | SH |  | DFND | 12 | 0 | 0 | 4901 |
| INVESCO S SMALLCAP VALUE WITH MOMENTUM ETF | ETF | 46137V480 |  | 1372 | 30000 | SH |  | DFND | 12 | 0 | 0 | 30000 |
| USA COMPRESSION PARTNERS LP COMUNIT LTDPAR | Stock | 90290N109 |  | 602 | 30837 | SH |  | DFND | 12 | 0 | 0 | 30837 |
| VANGUARD FTSE ALL-WORLD EX-US INDEX FUND | ETF | 922042775 |  | 11171 | 222790 | SH |  | DFND | 12 | 0 | 0 | 222790 |
| ISHARES RUSSELL MIDCAP ETF | ETF | 464287499 |  | 5462 | 80984 | SH |  | DFND | 12 | 0 | 0 | 80984 |
| ISHARES MSCI EMERGING MARKETS ASIA ETF | ETF | 464286426 |  | 12889 | 203561 | SH |  | DFND | 12 | 0 | 0 | 203561 |
| ENERGY SELECT SECTOR SPDR FUND | ETF | 81369Y506 |  | 1367 | 15630 | SH |  | DFND | 12 | 0 | 0 | 15630 |
| ISHARES MSCI USA QUALITY FACTOR ETF | ETF | 46432F339 |  | 714 | 6265 | SH |  | DFND | 12 | 0 | 0 | 6265 |
| ISHARES IBOXX $ HIGH YIELD CORPORATE BOND ETF | ETF | 464288513 |  | 731 | 9927 | SH |  | DFND | 12 | 0 | 0 | 9927 |
| NETAPP INC COM | Stock | 64110D104 |  | 257 | 4282 | SH |  | DFND | 12 | 0 | 0 | 4282 |
| ISHARES S 500 VALUE ETF | ETF | 464287408 |  | 1994 | 13742 | SH |  | DFND | 12 | 0 | 0 | 13742 |
| ISHARES S 500 GROWTH ETF | ETF | 464287309 |  | 1676 | 28651 | SH |  | DFND | 12 | 0 | 0 | 28651 |
| ISHARES CORE S 500 ETF | ETF | 464287200 |  | 1789 | 4656 | SH |  | DFND | 12 | 0 | 0 | 4656 |
| SALESFORCE INC COM | Stock | 79466L302 |  | 349 | 2629 | SH |  | DFND | 12 | 0 | 0 | 2629 |
| ISHARES NATIONAL MUNI BOND ETF | ETF | 464288414 |  | 1236 | 11718 | SH |  | DFND | 12 | 0 | 0 | 11718 |
| CONOCOPHILLIPS COM | Stock | 20825C104 |  | 643 | 5415 | SH |  | DFND | 12 | 0 | 0 | 5415 |
| CATERPILLAR INC COM | Stock | 149123101 |  | 527 | 2200 | SH |  | DFND | 12 | 0 | 0 | 2200 |
| ISHARES CORE U.S. AGGREGATE BOND ETF | ETF | 464287226 |  | 1291 | 13307 | SH |  | DFND | 12 | 0 | 0 | 13307 |
| ISHARES BROAD USD INVESTMENT GRADE CORPORATE BOND ETF | ETF | 464288620 |  | 4795 | 97633 | SH |  | DFND | 12 | 0 | 0 | 97633 |
| ISHARES RUSSELL 3000 ETF | ETF | 464287689 |  | 2405 | 10900 | SH |  | DFND | 12 | 0 | 0 | 10900 |
| UNITEDHEALTH GROUP INC COM | Stock | 91324P102 |  | 1570 | 2962 | SH |  | DFND | 12 | 0 | 0 | 2962 |
| ISHARES MSCI INTL QUALITY FACTOR ETF | ETF | 46434V456 |  | 13692 | 422734 | SH |  | DFND | 12 | 0 | 0 | 422734 |
| ISHARES MSCI EAFE ETF | ETF | 464287465 |  | 7413 | 112935 | SH |  | DFND | 12 | 0 | 0 | 112935 |
| APPLE INC COM | Stock | 037833100 |  | 1008 | 7761 | SH |  | DFND | 12 | 0 | 0 | 7761 |
| ABBOTT LABS COM | Stock | 002824100 |  | 237 | 2159 | SH |  | DFND | 12 | 0 | 0 | 2159 |
| ISHARES RUSSELL 1000 ETF | ETF | 464287622 |  | 356 | 1690 | SH |  | DFND | 12 | 0 | 0 | 1690 |
| ISHARES RUSSELL 1000 VALUE ETF | ETF | 464287598 |  | 4459 | 29402 | SH |  | DFND | 12 | 0 | 0 | 29402 |

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