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RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM 100m 1b

THEORY FINANCIAL

THEORY FINANCIAL LLC, CRD 304084

FORT COLLINS, CO

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:34148274-c8e9-2610-1d09-cffb35f44b1d

Data as of Mar 4, 2026 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 7:59 AM UTC and rebuilt at most every 15 minutes.

Relationships: 6
Dated events: 2
On other graphs: 0
Observed: Aug 23, 2021 to Mar 4, 2026
12 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: independent wealth managerderivedprivate_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0
Regulatory AUM: $319MItem 5.F on the latest filing (2026-03-04); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $315M
Private client RAUM: $319MderivedItem 5.D individuals plus high net worth individuals
Private client share: 100%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 3
RAUM per advisor: $106Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 3
Advisory employees: 3
Offices: 1Schedule D 1.F, beyond the principal office
Accounts: 676
Individual clients: 146
High net worth clients: 106
SEC number: 801-122366
CRD: 304084
Filings on the tape: 12
First filed: Aug 23, 2021
Latest filed: Mar 4, 2026
Organised: Limited Liability Company, CO

Advisors on IAPD

current investment adviser representatives on the IAPD individual feed, longest tenure first

Advisor	Designations	Branch	Years here	In industry	Prior firms	Dual registered
RYAN CHARLES STOUT	Certified Financial Planner	FORT COLLINS, CO	7	19	3	no
THOMAS G BRAUN	Certified Financial Planner\|Chartered Financial Consultant	FORT COLLINS, CO \| LAKEWOOD, CO	5	21	1	no
CHARLES LELAND NEDELE	n/a	FORT COLLINS, CO \| LAKEWOOD, CO	5	19	1	no

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
STOUT, RYAN, CHARLES	MANAGING MEMBER/CCO	E	yes	04/2019	Aug 23, 2021	Feb 13, 2024

Offices

Schedule D 1.F offices beyond the principal office; street addresses are not published

City	State	Country	Employees	Also broker-dealer
Lakewood	Co	United States	2	no

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; showing 5 of 6

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Mar 4, 2026	$319M	$315M	3	3	1	n/a	n/a
2024	Mar 3, 2025	$283M	$262M	3	3	1	n/a	n/a
2023	Feb 13, 2024	$212M	$212M	3	3	1	n/a	n/a
2022	Mar 8, 2023	$177M	$177M	3	3	1	n/a	n/a
2021	Mar 7, 2022	$182M	$182M	4	4	2	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	0	0	0.0%	0	0	0	0	0

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
2025	$319M	$283M	12.9%	$177M	21.7%	3	3	1	1

Teams in

teams that arrived here from one firm together

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
ADVICE AND PLANNING SERVICES	3	Nov 13, 2020	Jan 15, 2021	DENVER, CO	Team lift out	Ibd to RIA	0.2%

Relationships

Registered with (4)

← CHARLES LELAND NEDELEAdvisorregistration: current employment
Jan 15, 2021 to presentfactForm ADV
← THOMAS G BRAUNAdvisorregistration: current employment
Nov 3, 2020 to presentfactForm ADV
← RYAN CHARLES STOUTAdvisorregistration: current employment
Jun 17, 2019 to presentfactForm ADV
← ROBERT ALLAN HELGELANDAdvisorregistration: previous registration
Nov 3, 2020 to Sep 30, 2022factForm ADV

Controls (1)

← STOUT, RYAN, CHARLESOwnerMANAGING MEMBER/CCO, ownership code E, individual
Aug 23, 2021 to Feb 13, 2024factForm ADV

Moved with (1)

← ADVICE AND PLANNING SERVICESRegistered adviser3 advisors, team lift out, same day
Nov 13, 2020 to Jan 15, 2021factForm ADV

Dated events

Occurred
Sep 30, 2022
Advisor changed firm
Robert Allan Helgeland left Theory Financial for Curtis Wealth Management Llc (registered 2022-12-07)
Form ADVobserved 5 days ago
Occurred
Aug 23, 2021
First Form ADV filing
Theory Financial filed its initial SEC registration (Form ADV)
Form ADVobserved 5 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:34148274-c8e9-2610-1d09-cffb35f44b1d
First observed: Aug 23, 2021
Last observed: Mar 4, 2026 6 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.

THEORY FINANCIAL

THEORY FINANCIAL LLC, CRD 304084

FORT COLLINS, CO

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:34148274-c8e9-2610-1d09-cffb35f44b1d

Data as of Mar 4, 2026 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 7:59 AM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

RYAN CHARLES STOUT

Certified Financial Planner

FORT COLLINS, CO

THOMAS G BRAUN

Certified Financial Planner|Chartered Financial Consultant

FORT COLLINS, CO | LAKEWOOD, CO

CHARLES LELAND NEDELE

n/a

FORT COLLINS, CO | LAKEWOOD, CO

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

STOUT, RYAN, CHARLES

MANAGING MEMBER/CCO

yes

04/2019

Aug 23, 2021

Feb 13, 2024

City

State

Country

Employees

Also broker-dealer

Lakewood

United States

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Mar 4, 2026

$319M

$315M

n/a

2024

Mar 3, 2025

$283M

$262M

n/a

2023

Feb 13, 2024

$212M

n/a

2022

Mar 8, 2023

$177M

n/a

2021

Mar 7, 2022

$182M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

0.0%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$319M

$283M

12.9%

$177M

21.7%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

ADVICE AND PLANNING SERVICES

Nov 13, 2020

Jan 15, 2021

DENVER, CO

Team lift out

Ibd to RIA

0.2%