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RIA / WealthRegistered adviserformer SEC advisernot on rosterRAUM 100m 1b

JOULE FINANCIAL

TATRO CAPITAL, LLC, CRD 133783

LEXINGTON, KY

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:3a0e0322-9ef1-d79a-4ecb-4f51817efb09

Data as of Mar 18, 2022 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 11:04 AM UTC and rebuilt at most every 15 minutes.

Relationships: 15
Dated events: 1
On other graphs: 0
Observed: Mar 5, 2012 to Mar 18, 2022
16 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: $277MItem 5.F on the latest filing (2022-03-18); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $268M
Private client RAUM: $273MderivedItem 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: 1,519
Individual clients: 477
High net worth clients: 99
Custody, client assets: $63.3M
SEC number: 801-112854
CRD: 133783
Filings on the tape: 16
First filed: Mar 5, 2012
Latest filed: Mar 18, 2022
Organised: Limited Liability Company, Kentucky

Private funds

Schedule D 7.B(1); gross asset value as reported, never fund size; reporting ends 2024-12-31

Fund	Type	Reported GAV	As of	Owners	First reported	Status	Form D file
FLEXWATER OPPORTUNITY FUND LLC	Hedge Fund	$680,000	Aug 30, 2013	3	Mar 26, 2013	dropped	021-192235

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
CZULNO, DANIEL, JOSEPH	MANAGING DIRECTOR, CHIEF OPERATIONS OFFICER	B	yes	12/2010	Mar 5, 2012	Mar 18, 2022
TATRO, WILLIAM, LEWIS	MANAGING DIRECTOR, CHIEF INVESTMENT OFFICER, OWNER	E	yes	04/2007	Mar 5, 2012	Mar 18, 2022
DESCOTEAUX, DIANNE, MARIE	CHIEF COMPLIANCE OFFICER	Na	no	10/2021	Nov 3, 2021	Mar 18, 2022

Affiliates (Item 7.A)

as filed on Item 7.A; a related person with a CRD on the graph links to its own page

Related person	Type	Class on the graph	Its RAUM	Control	Common control	State
MARK THOMAS HENDRIX	n/a	n/a	n/a	N	no	n/a

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
2021	Mar 18, 2022	$277M	$268M	6	4	0	n/a	n/a
2020	Mar 23, 2021	$212M	$208M	6	4	0	n/a	n/a
2019	Mar 19, 2020	$190M	$188M	5	3	1	n/a	n/a
2018	Mar 22, 2019	$144M	$142M	5	3	1	n/a	n/a
2012	Mar 26, 2013	$54.0M	$54.0M	3	1	n/a	1	$680,000
2011	Mar 5, 2012	$54.6M	$54.6M	n/a	n/a	n/a	n/a	n/a

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
2021	$277M	$212M	30.5%	$144M	24.3%	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
JOULE FINANCIAL, LLC	2	Jun 29, 2022	Jun 14, 2022	LEXINGTON, KY	Channel change	RIA to RIA	100.0%

Relationships

Affiliated with (8)

← HEDEKER WEALTH LLCRegistered adviserother investment adviser, common control
factForm ADV
← KESTRA ADVISORY SERVICES, LLCRegistered adviserother investment adviser, common control
factForm ADV
← GOLDSTEIN ADVISORS, LLCRegistered adviserother investment adviser, common control
factForm ADV
← KESTRA PRIVATE WEALTH SERVICES, LLCRegistered adviserother investment adviser, common control
factForm ADV
← KESTRA INSTITUTIONAL SERVICES, LLCRegistered adviserother investment adviser, common control
factForm ADV
← BEDELL FRAZIER INVESTMENT COUNSELLING, LLC.Registered adviserother investment adviser, common control
factForm ADV
← RODGERS & ASSOCIATESRegistered adviserother investment adviser, common control
factForm ADV
← HICKORY ASSET MANAGEMENT, INC.Registered adviserother investment adviser, common control
factForm ADV

Controls (2)

← TATRO, WILLIAM, LEWISOwnerMANAGING DIRECTOR, CHIEF INVESTMENT OFFICER, OWNER, ownership code E, individual
Mar 5, 2012 to presentfactForm ADV
← CZULNO, DANIEL, JOSEPHOwnerMANAGING DIRECTOR, CHIEF OPERATIONS OFFICER, ownership code B, individual
Mar 5, 2012 to presentfactForm ADV

Owns (1)

← DESCOTEAUX, DIANNE, MARIEOwnerCHIEF COMPLIANCE OFFICER, ownership code NA, individual
Nov 3, 2021 to presentfactForm ADV

Registered with (2)

← DANIEL JOSEPH CZULNOAdvisorregistration: previous registration
Dec 2, 2013 to Jun 29, 2022factForm ADV
← Logan Steven GillandAdvisorregistration: previous registration
Mar 5, 2021 to Jun 29, 2022factForm ADV

Moved with (1)

→ JOULE FINANCIAL, LLCRegistered adviser2 advisors, team lift out, same day
Jun 29, 2022 to Jun 14, 2022factForm ADV

Advises (1)

→ FLEXWATER OPPORTUNITY FUND LLCPrivate fundHedge Fund, IA, no longer reported
Mar 26, 2013 to Aug 30, 2013factForm ADV

Dated events

Occurred
Mar 16, 2018
First Form ADV filing
Joule Financial filed its initial SEC registration (Form ADV)
Form ADVobserved 5 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:3a0e0322-9ef1-d79a-4ecb-4f51817efb09
First observed: Mar 5, 2012
Last observed: Mar 18, 2022 54 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.

JOULE FINANCIAL

TATRO CAPITAL, LLC, CRD 133783

LEXINGTON, KY

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:3a0e0322-9ef1-d79a-4ecb-4f51817efb09

Data as of Mar 18, 2022 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 11:04 AM UTC and rebuilt at most every 15 minutes.

Fund

Type

Reported GAV

As of

Owners

First reported

Status

Form D file

FLEXWATER OPPORTUNITY FUND LLC

Hedge Fund

$680,000

Aug 30, 2013

Mar 26, 2013

dropped

021-192235

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

CZULNO, DANIEL, JOSEPH

MANAGING DIRECTOR, CHIEF OPERATIONS OFFICER

yes

12/2010

Mar 5, 2012

Mar 18, 2022

TATRO, WILLIAM, LEWIS

MANAGING DIRECTOR, CHIEF INVESTMENT OFFICER, OWNER

yes

04/2007

Mar 5, 2012

Mar 18, 2022

DESCOTEAUX, DIANNE, MARIE

CHIEF COMPLIANCE OFFICER

10/2021

Nov 3, 2021

Mar 18, 2022

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

MARK THOMAS HENDRIX

n/a

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2021

Mar 18, 2022

$277M

$268M

n/a

2020

Mar 23, 2021

$212M

$208M

n/a

2019

Mar 19, 2020

$190M

$188M

n/a

2018

Mar 22, 2019

$144M

$142M

n/a

2012

Mar 26, 2013

$54.0M

n/a

$680,000

2011

Mar 5, 2012

$54.6M

n/a

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2021

$277M

$212M

30.5%

$144M

24.3%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

JOULE FINANCIAL, LLC

Jun 29, 2022

Jun 14, 2022

LEXINGTON, KY

Channel change

RIA to RIA

100.0%