A Birmingham, Alabama-based firm managing more than $16 billion for wealthy families has planted its flag in one of Dallas's most exclusive office campuses. Arlington Family Offices has leased 2,700 square feet inside Endeavor Hall at Old Parkland, marking its expansion into the Texas market with an office scheduled to open this month.
The firm signed an initial five-year lease with two five-year renewal options at 4010 Maple Avenue, according to The Real Deal. Endeavor Hall itself is a relatively new addition to the historic campus, completed in 2024 as part of Old Parkland's East Campus expansion, the outlet reported. A spokesperson declined to disclose the price of the lease, according to Yahoo Finance.
Arlington describes itself as overseeing more than $16 billion in assets under stewardship for 84 families, per a company announcement carried by PR Newswire. That release states the Dallas office is scheduled to open in September 2026. The Dallas Morning News reports the firm currently has three team members in Dallas and plans to add two more before the end of 2026.
Why Arlington Picked Old Parkland
The new office is meant to serve existing Texas families and help the firm build new client relationships in the state, per the same real estate reporting. Arlington's president, Stephen Rowe, is leading the Dallas buildout, which the report says will eventually include four client service roles and a director of philanthropy. The Dallas Morning News reports Rowe has said Dallas has the best talent market in the country.
Old Parkland has become known as a magnet for the region's wealthiest family offices. Crow Holdings bought the 12.5-acre property in 2006 and renovated the campus into offices, the real estate outlet noted. Other firms with a presence there include DalFort Capital Partners, Korenvaes Management, Pharos Capital Group, RedBird Capital Partners and RSF Partners, per that same reporting.
A Boom in Texas Family Offices
Arlington's move lands amid a broader surge of family-office activity in North Texas. FINTRX has identified 137 family offices in the Dallas-Fort Worth area out of 2,387 nationwide, according to the Dallas Morning News. Praxis Rock Advisors estimates Texas has between 280 and 340 family offices managing roughly $320 billion across the Dallas, Houston and Austin metro areas, the paper reported.
Roughly 190 Dallas-area family offices deployed an estimated $19.2 billion in 2024, according to NBC 5 Dallas-Fort Worth. That report also notes these offices are diversifying beyond oil, gas and real estate into technology, artificial intelligence, AI infrastructure, private credit, medical innovation and financial services, a trend documented separately by the Dallas Morning News. A growing number of ultrawealthy families use these offices to quietly access private investments and early stakes in companies, NBC 5 reported.
Major North Texas family offices already operating in the region include Crow Holdings, Deason Capital Services, HFI Capital Management and firms tied to the Perot, Bass and Hunt families and Lyda Hill, per the Dallas Morning News. Multifamily offices in the area also include Tolleson Wealth Management, Legacy Knight and Cresset, the paper reported. Arlington now joins that crowded field, offering wealth management, legacy planning, and fiduciary, tax and philanthropy services alongside investment solutions in public and private markets, according to the PR Newswire release.
Arlington's founder and chief executive is Ken Polk, and the firm employs 67 people across its three offices, per Arlington's own site and The Real Deal's reporting. Accounts differ on when the firm was founded — the Dallas Morning News lists 1988, while The Real Deal reports 1998 in Birmingham, where the company maintains its headquarters. A tenant finish-out project tied to the Dallas office, covering roughly 2,028 square feet with an estimated construction value of $350,000, was registered with the Texas Department of Licensing and Regulation on March 16, 2026, according to project records reviewed by Zaba List.
