DFX Intelligence

Data Factory

RIA / WealthRegistered adviserformer SEC adviserleft the SEC rosterRAUM 100m 1b

GRUNDEN FINANCIAL ADVISORY, INC.

CRD 111595

DENTON, TX

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:27ff421c-df47-e5a0-dabb-4855e66d7270

Data as of Mar 10, 2025 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 1:13 AM UTC and rebuilt at most every 15 minutes.

Relationships: 12
Dated events: 7
On other graphs: 0
Observed: Feb 16, 2012 to Mar 10, 2025
31 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: former SEC adviserderivedabsent from the latest SEC roster
Regulatory AUM: $435MItem 5.F on the latest filing (2025-03-10); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $435M
Private client RAUM: $432MderivedItem 5.D individuals plus high net worth individuals
Private client share: 99%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 6
Advisory employees: 4
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 262
Individual clients: 157
High net worth clients: 102
Custody, client assets: $149M
SEC number: 801-58252
CRD: 111595
Filings on the tape: 31
First filed: Feb 16, 2012
Latest filed: Mar 10, 2025
Organised: Corporation, TX
Website: grunden.com

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
GRUNDEN, RICKY, LEE	PRESIDENT / CEO	D	yes	12/2002	Feb 16, 2012	Jun 3, 2024
RAGAN, DAVID, ASHLEY	VICE PRESIDENT AND CCO	C	yes	03/2018	Mar 30, 2018	Jun 3, 2024
Thomas, Susannah, Marie	FINANCIAL PLANNING SPECIALIST	B	no	12/2017	Mar 30, 2020	Jun 3, 2024

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2024	Mar 10, 2025	$435M	$435M	6	4	0	n/a	n/a
2023	Mar 11, 2024	$365M	$365M	6	4	0	n/a	n/a
2022	Mar 3, 2023	$349M	$349M	5	3	0	n/a	n/a
2021	Mar 18, 2022	$318M	$318M	4	3	0	n/a	n/a
2020	Mar 23, 2021	$287M	$287M	5	3	0	n/a	n/a
2019	Mar 30, 2020	$183M	$183M	5	3	0	n/a	n/a
2018	Mar 27, 2019	$199M	$199M	5	2	0	n/a	n/a
2017	Mar 30, 2018	$184M	$184M	5	2	0	n/a	n/a
2016	Mar 29, 2017	$154M	$154M	4	2	n/a	n/a	n/a
2015	Mar 30, 2016	$134M	$134M	4	3	n/a	n/a	n/a
2014	Feb 6, 2015	$130M	$130M	4	3	n/a	n/a	n/a
2013	Mar 28, 2014	$127M	$127M	4	2	n/a	n/a	n/a
2012	Feb 14, 2013	$104M	$104M	3	2	n/a	n/a	n/a
2011	Mar 23, 2012	$94.2M	$94.2M	n/a	n/a	n/a	n/a	n/a

Advisor flows

derived: registrations beginning and ending at this CRD on IAPD, bulk corporate re-registrations excluded; the rate is departures over IAPD headcount

Joined, 12m	Left, 12m	Net, 12m	Departure rate, 12m	Joined, 90d	Left, 90d	Left, no destination yet	Joined, 36m	Left, 36m
0	4	-4	n/a	0	0	0	0	4

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2024	$435M	$365M	19.1%	$318M	11.0%	6	6	0	0

Teams out

two or more advisors whose registrations ended here and began at one firm together: a fact of two dates, not a prediction

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
ALLWORTH FINANCIAL, L.P.	4	Jan 28, 2026	Jan 15, 2026	DENTON, TX	Firm absorbed	RIA to ibd	100.0%

Relationships

Registered with (6)

← RICKY LEE GRUNDENAdvisorregistration: previous registration
Mar 9, 2012 to Jan 28, 2026factForm ADV
← DAVID ASHLEY RAGANAdvisorregistration: previous registration
Mar 22, 2012 to Jan 28, 2026factForm ADV
← Susannah Marie ThomasAdvisorregistration: previous registration
Dec 3, 2021 to Jan 28, 2026factForm ADV
← Robert William ThomasAdvisorregistration: previous registration
Jun 3, 2024 to Jan 28, 2026factForm ADV
← FRANKLIN Dwayne CORNETTAdvisorregistration: previous registration
Jun 20, 2019 to Dec 2, 2021factForm ADV
← CARY CHARLES CATESAdvisorregistration: previous registration
Jul 21, 2014 to Jun 8, 2016factForm ADV

Moved with (1)

→ ALLWORTH FINANCIAL, L.P.Registered adviser4 advisors, firm absorbed, same day
Jan 28, 2026 to Jan 15, 2026factForm ADV

Controls (2)

← GRUNDEN, RICKY, LEEOwnerPRESIDENT / CEO, ownership code D, individual
Feb 16, 2012 to Jun 3, 2024factForm ADV
← RAGAN, DAVID, ASHLEYOwnerVICE PRESIDENT AND CCO, ownership code C, individual
Mar 30, 2018 to Jun 3, 2024factForm ADV

Owns (1)

← Thomas, Susannah, MarieOwnerFINANCIAL PLANNING SPECIALIST, ownership code B, individual
Mar 30, 2020 to Jun 3, 2024factForm ADV

Dated events

1 bookkeeping events (roster, classification and holdings changes) folded below

Occurred
Jan 28, 2026
Firm absorbed
Grunden Financial Advisory, Inc.'s advisors moved to Allworth Financial, L.P. (Denton, TX): 4 of 4 registered, on the same day
Form ADVobserved 4 days ago
4 advisors
Occurred
Jan 28, 2026
Advisor changed firm
Ricky Lee Grunden left Grunden Financial Advisory, Inc. for Allworth Financial, L.P. (registered 2026-01-15)
Form ADVobserved 4 days ago
Occurred
Jan 28, 2026
Advisor changed firm
David Ashley Ragan left Grunden Financial Advisory, Inc. for Allworth Financial, L.P. (registered 2026-01-15)
Form ADVobserved 4 days ago
Occurred
Jan 28, 2026
Advisor changed firm
Robert William Thomas left Grunden Financial Advisory, Inc. for Allworth Financial, L.P. (registered 2026-01-15)
Form ADVobserved 4 days ago
Occurred
Jan 28, 2026
Advisor changed firm
Susannah Marie Thomas left Grunden Financial Advisory, Inc. for Allworth Financial, L.P. (registered 2026-01-15)
Form ADVobserved 4 days ago
Occurred
Mar 23, 2021
Regulatory AUM changed
Grunden Financial Advisory, Inc. reported RAUM $286.8M, up 57% from $182.5M (2020-06-15 to 2021-03-23)
Form ADVobserved 4 days ago
$104M

Show 1 bookkeeping events

Occurred
Feb 2, 2026
Grunden Financial Advisory, Inc. no longer on the SEC adviser roster (last listed 2026-01-02, RAUM $434.7M)

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:27ff421c-df47-e5a0-dabb-4855e66d7270
First observed: Feb 16, 2012
Last observed: Mar 10, 2025 18 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

GRUNDEN FINANCIAL ADVISORY, INC.

CRD 111595

DENTON, TX

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:27ff421c-df47-e5a0-dabb-4855e66d7270

Data as of Mar 10, 2025 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 1:13 AM UTC and rebuilt at most every 15 minutes.

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

GRUNDEN, RICKY, LEE

PRESIDENT / CEO

yes

12/2002

Feb 16, 2012

Jun 3, 2024

RAGAN, DAVID, ASHLEY

VICE PRESIDENT AND CCO

yes

03/2018

Mar 30, 2018

Jun 3, 2024

Thomas, Susannah, Marie

FINANCIAL PLANNING SPECIALIST

12/2017

Mar 30, 2020

Jun 3, 2024

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2024

Mar 10, 2025

$435M

n/a

2023

Mar 11, 2024

$365M

n/a

2022

Mar 3, 2023

$349M

n/a

2021

Mar 18, 2022

$318M

n/a

2020

Mar 23, 2021

$287M

n/a

2019

Mar 30, 2020

$183M

n/a

2018

Mar 27, 2019

$199M

n/a

2017

Mar 30, 2018

$184M

n/a

2016

Mar 29, 2017

$154M

n/a

2015

Mar 30, 2016

$134M

n/a

2014

Feb 6, 2015

$130M

n/a

2013

Mar 28, 2014

$127M

n/a

2012

Feb 14, 2013

$104M

n/a

2011

Mar 23, 2012

$94.2M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

-4

n/a

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2024

$435M

$365M

19.1%

$318M

11.0%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

ALLWORTH FINANCIAL, L.P.

Jan 28, 2026

Jan 15, 2026

DENTON, TX

Firm absorbed

RIA to ibd

100.0%