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RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM 1b 10b

USA FINANCIAL EXCHANGE

USA FINANCIAL EXCHANGE LLC, CRD 283466

ADA, MI

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:5596a1cb-580f-5b88-1ff4-d173f0066e57

Data as of Mar 27, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 8:24 PM UTC and rebuilt at most every 15 minutes.

Relationships: 33
Dated events: 10
On other graphs: 0
Observed: Apr 26, 2016 to Mar 27, 2026
24 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=true related_bank=false bd_reps=26.0
Regulatory AUM: $1.6BItem 5.F on the latest filing (2026-03-27); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $1.6B
Private client RAUM: $1.6BderivedItem 5.D individuals plus high net worth individuals
Private client share: 100%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 38
Advisory employees: 0
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 9,971
Individual clients: 9,971
High net worth clients: 294
SEC number: 801-107771
CRD: 283466
Filings on the tape: 24
First filed: Apr 26, 2016
Latest filed: Mar 27, 2026
Organised: Limited Liability Company, DE
Website: usafinancialexchange.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
BACHERT, WILLIAM, CLAYTON	CHIEF FINANCIAL OFFICER	Na	yes	01/2016	Mar 27, 2026	Mar 27, 2026
MERSMAN, MARK, ROBERT	CHIEF MARKETING OFFICER	Na	yes	01/2016	Mar 27, 2026	Mar 27, 2026
THOMASON, DAWN, M	CHIEF COMPLIANCE OFFICER	Na	yes	08/2022	Mar 27, 2026	Mar 27, 2026
USA FINANCIAL LLC	DIRECT OWNER	E	yes	01/2016	Mar 27, 2026	Mar 27, 2026
WALTERS, MICHAEL, DAVID	Ceo	Na	yes	01/2016	Mar 27, 2026	Mar 27, 2026
ACCELERATE BUYER LLC	Member	E	yes	08/2021	Aug 15, 2024	Sep 26, 2024
ACCELERATE INTERMEDIATE HOLDINGS 1 LLC	Member	E	yes	08/2021	Aug 15, 2024	Sep 26, 2024
ACCELERATE INTERMEDIATE HOLDINGS 2 LLC	Member	E	yes	08/2021	Aug 15, 2024	Sep 26, 2024
ACCELERATE TOPCO HOLDINGS LLC	Member	E	yes	08/2021	Aug 15, 2024	Sep 26, 2024
AL MARKETING LLC	Member	E	yes	08/2021	Aug 15, 2024	Sep 26, 2024
AMERILIFE BLOCKER HOLDINGS LLC	Member	C	yes	11/2022	Aug 15, 2024	Sep 26, 2024
AMERILIFE GROUP LLC	Member	E	yes	08/2021	Aug 15, 2024	Sep 26, 2024
AMERILIFE HOLDINGS LLC	Member	E	yes	08/2021	Aug 15, 2024	Sep 26, 2024
AMERILIFE MIDCO LLC	Member	E	yes	08/2021	Aug 15, 2024	Sep 26, 2024
ENDERS, BRENT, DAVID	PRESIDENT/MANAGER	Na	yes	01/2016	Apr 26, 2016	Sep 26, 2024
GC PROPEL AGGREGATOR GP LLC	GENERAL PARTNER	F	yes	08/2022	Aug 15, 2024	Sep 26, 2024
GC PROPEL AGGREGATOR LP	Shareholder	C	yes	08/2022	Aug 15, 2024	Sep 26, 2024
GC PROPEL HOLDINGS INC	Member	C	yes	08/2022	Aug 15, 2024	Sep 26, 2024
GENSTAR CAPITAL PARTNERS X LP	LIMITED PARTNER	D	yes	08/2022	Aug 15, 2024	Sep 26, 2024
GENSTAR CAPITAL PARTNERS X LP	Member	E	yes	08/2022	Aug 15, 2024	Sep 26, 2024
GENSTAR CAPITAL X LP	GENERAL PARTNER	F	yes	08/2022	Aug 15, 2024	Sep 26, 2024
GENSTAR X GP LLC	GENERAL PARTNER	F	yes	08/2022	Aug 15, 2024	Sep 26, 2024
ICG HOLIDAY PARTNERS I LP	LIMITED PARTNER	E	yes	11/2022	Aug 15, 2024	Sep 26, 2024
THL AL BLOCKED BUYER FEEDER LP	LIMITED PARTNER	E	yes	11/2022	Aug 15, 2024	Sep 26, 2024
THL AMERILIFE EQUITY ADVISORS LLC	GENERAL PARTNER	F	yes	11/2022	Aug 15, 2024	Sep 26, 2024
THL AMERILIFE PARALLEL SPV LP	Member	D	yes	11/2022	Aug 15, 2024	Sep 26, 2024
MCCONNELL, JAMES, CARROLL	CHIEF OPERATIONS OFFICER	Na	no	11/2021	Mar 27, 2026	Mar 27, 2026

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
BROOKSTONE CAPITAL MANAGEMENT LLC	n/a	Independent wealth	$13B	N	yes	n/a
USA FINANCIAL FORMULAS LLC	n/a	Independent wealth	$534M	N	yes	n/a
FLORIDA FINANCIAL ADVISORS, LLC	n/a	Bd affiliated wealth	$456M	N	yes	n/a
USA FINANCIAL SECURITIES LLC	n/a	Independent wealth	$297M	N	yes	n/a
BROOKSTONE WEALTH ADVISORS, LLC	n/a	No RAUM reported	$0	N	yes	n/a
SAYBRUS EQUITY SERVICES, LLC	n/a	n/a	n/a	N	yes	n/a
TRINITY WEALTH SECURITIES, L.L.C.	n/a	n/a	n/a	N	yes	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	Offices	Private funds	Fund GAV
2025	Mar 27, 2026	$1.6B	$1.6B	38	0	n/a	n/a
2024	Mar 26, 2025	$1.6B	$1.6B	38	0	n/a	n/a
2023	Mar 27, 2024	$1.4B	$1.4B	38	0	n/a	n/a
2022	Mar 31, 2023	$1.4B	$1.4B	38	0	n/a	n/a
2021	Mar 31, 2022	$1.3B	$1.3B	27	0	n/a	n/a
2020	Mar 30, 2021	$454M	$454M	27	0	n/a	n/a
2019	Apr 3, 2020	$211M	$188M	27	0	n/a	n/a
2018	Apr 10, 2019	$517M	$279M	27	0	n/a	n/a
2017	Mar 29, 2018	$220M	$7.5M	27	0	n/a	n/a
2016	Apr 13, 2017	n/a	n/a	27	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
2025	$1.6B	$1.6B	2.1%	$1.4B	6.1%	38	38	0	0

Relationships

Affiliated with (6)

→ USA FINANCIAL SECURITIES LLCRegistered adviserother investment adviser, broker-dealer, common control
factForm ADV
→ BROOKSTONE WEALTH ADVISORS, LLCRegistered adviserother investment adviser, common control
factForm ADV
→ USA FINANCIAL FORMULAS CORPORATIONRegistered adviserother investment adviser, common control
factForm ADV
→ BROOKSTONE CAPITAL MANAGEMENT LLCRegistered adviserother investment adviser, common control
factForm ADV
→ FLORIDA FINANCIAL ADVISORS, LLCRegistered adviserother investment adviser, common control
factForm ADV
← USA FINANCIAL FORMULAS CORPORATIONRegistered adviserother investment adviser, common control
factForm ADV

Controls (24)

← WALTERS, MICHAEL, DAVIDOwnerCEO, ownership code NA, individual
Apr 26, 2016 to Sep 26, 2024factForm ADV
← ENDERS, BRENT, DAVIDOwnerPRESIDENT/MANAGER, ownership code NA, individual
Apr 26, 2016 to Sep 26, 2024factForm ADV
← BACHERT, WILLIAM, CLAYTONOwnerCHIEF FINANCIAL OFFICER, ownership code NA, individual
Apr 26, 2016 to Sep 26, 2024factForm ADV
← MERSMAN, MARK, ROBERTOwnerCHIEF MARKETING OFFICER, ownership code NA, individual
Apr 26, 2016 to Sep 26, 2024factForm ADV
← THOMASON, DAWN, MOwnerCHIEF COMPLIANCE OFFICER, ownership code NA, individual
Aug 29, 2022 to Sep 26, 2024factForm ADV
← ACCELERATE BUYER LLCOwnerMEMBER, ownership code E, domestic entity
Aug 15, 2024 to Sep 26, 2024factForm ADV
← ACCELERATE INTERMEDIATE HOLDINGS 1 LLCOwnerMEMBER, ownership code E, domestic entity
Aug 15, 2024 to Sep 26, 2024factForm ADV
← ACCELERATE INTERMEDIATE HOLDINGS 2 LLCOwnerMEMBER, ownership code E, domestic entity
Aug 15, 2024 to Sep 26, 2024factForm ADV
← ACCELERATE TOPCO HOLDINGS LLCOwnerMEMBER, ownership code E, domestic entity
Aug 15, 2024 to Sep 26, 2024factForm ADV
← AL MARKETING LLCOwnerMEMBER, ownership code E, domestic entity
Aug 15, 2024 to Sep 26, 2024factForm ADV
← AMERILIFE BLOCKER HOLDINGS LLCOwnerMEMBER, ownership code C, domestic entity
Aug 15, 2024 to Sep 26, 2024factForm ADV
← AMERILIFE GROUP LLCOwnerMEMBER, ownership code E, domestic entity
Aug 15, 2024 to Sep 26, 2024factForm ADV
← AMERILIFE MIDCO LLCOwnerMEMBER, ownership code E, domestic entity
Aug 15, 2024 to Sep 26, 2024factForm ADV
← GC PROPEL AGGREGATOR GP LLCOwnerGENERAL PARTNER, ownership code F, domestic entity
Aug 15, 2024 to Sep 26, 2024factForm ADV
← GC PROPEL AGGREGATOR LPOwnerSHAREHOLDER, ownership code C, domestic entity
Aug 15, 2024 to Sep 26, 2024factForm ADV
← GC PROPEL HOLDINGS INCOwnerMEMBER, ownership code C, domestic entity
Aug 15, 2024 to Sep 26, 2024factForm ADV
← GENSTAR CAPITAL PARTNERS X LPOwnerMEMBER, ownership code E, domestic entity
Aug 15, 2024 to Sep 26, 2024factForm ADV
← GENSTAR CAPITAL X LPOwnerGENERAL PARTNER, ownership code F, domestic entity
Aug 15, 2024 to Sep 26, 2024factForm ADV
← GENSTAR X GP LLCOwnerGENERAL PARTNER, ownership code F, domestic entity
Aug 15, 2024 to Sep 26, 2024factForm ADV
← ICG HOLIDAY PARTNERS I LPOwnerLIMITED PARTNER, ownership code E, domestic entity
Aug 15, 2024 to Sep 26, 2024factForm ADV
← THL AL BLOCKED BUYER FEEDER LPOwnerLIMITED PARTNER, ownership code E, domestic entity
Aug 15, 2024 to Sep 26, 2024factForm ADV
← THL AMERILIFE EQUITY ADVISORS LLCOwnerGENERAL PARTNER, ownership code F, domestic entity
Aug 15, 2024 to Sep 26, 2024factForm ADV
← THL AMERILIFE PARALLEL SPV LPOwnerMEMBER, ownership code D, domestic entity
Aug 15, 2024 to Sep 26, 2024factForm ADV
← USA FINANCIAL LLCOwnerDIRECT OWNER, ownership code E, domestic entity
Aug 15, 2024 to Sep 26, 2024factForm ADV

Owns (1)

← MCCONNELL, JAMES, CARROLLOwnerCHIEF OPERATIONS OFFICER, ownership code NA, individual
Dec 9, 2021 to Sep 26, 2024factForm ADV

Dated events

Occurred
Aug 16, 2024
Succession filed (Item 4)
Usa Financial Exchange reported succeeding to the business of Another Adviser (Form ADV Item 4)
Form ADVobserved 6 days ago
Occurred
Aug 15, 2024
Control person left
H Matthew Eilers (Chief Business Development Officer) no longer on Schedule A of Usa Financial Exchange (listed 2024-04-22, absent 2024-08-15)
Form ADVobserved 6 days ago
Occurred
Aug 29, 2022
Control person joined
M Dawn Thomason (Chief Compliance Officer) appeared on Schedule A of Usa Financial Exchange
Form ADVobserved 6 days ago
Occurred
Aug 18, 2022
Control person left
Denise Stewart Andrea Mcgrew (Chief Legal Officer/Chief Compliance Officer) no longer on Schedule A of Usa Financial Exchange (listed 2022-03-31, absent 2022-08-18)
Form ADVobserved 6 days ago
Occurred
Mar 31, 2022
Regulatory AUM changed
Usa Financial Exchange reported RAUM $1.3B, up 195% from $454.1M (2021-12-09 to 2022-03-31)
Form ADVobserved 6 days ago
$886M
Occurred
Dec 9, 2021
Control person left
Lee Matthew Mcgrew (Chief Operating Officer) no longer on Schedule A of Usa Financial Exchange (listed 2021-03-30, absent 2021-12-09)
Form ADVobserved 6 days ago
Occurred
Mar 30, 2021
Regulatory AUM changed
Usa Financial Exchange reported RAUM $454.1M, up 115% from $210.7M (2020-06-26 to 2021-03-30)
Form ADVobserved 6 days ago
$243M
Occurred
Apr 3, 2020
Regulatory AUM changed
Usa Financial Exchange reported RAUM $210.7M, down 59% from $516.7M (2019-04-10 to 2020-04-03)
Form ADVobserved 6 days ago
$-306M
Occurred
Apr 10, 2019
Regulatory AUM changed
Usa Financial Exchange reported RAUM $516.7M, up 134% from $220.4M (2018-11-28 to 2019-04-10)
Form ADVobserved 6 days ago
$296M
Occurred
Apr 26, 2016
First Form ADV filing
Usa Financial Exchange filed its initial SEC registration (Form ADV)
Form ADVobserved 6 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:5596a1cb-580f-5b88-1ff4-d173f0066e57
First observed: Apr 26, 2016
Last observed: Mar 27, 2026 5 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.

USA FINANCIAL EXCHANGE

USA FINANCIAL EXCHANGE LLC, CRD 283466

ADA, MI

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:5596a1cb-580f-5b88-1ff4-d173f0066e57

Data as of Mar 27, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 8:24 PM UTC and rebuilt at most every 15 minutes.

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

BACHERT, WILLIAM, CLAYTON

CHIEF FINANCIAL OFFICER

yes

01/2016

Mar 27, 2026

MERSMAN, MARK, ROBERT

CHIEF MARKETING OFFICER

yes

01/2016

Mar 27, 2026

THOMASON, DAWN, M

CHIEF COMPLIANCE OFFICER

yes

08/2022

Mar 27, 2026

USA FINANCIAL LLC

DIRECT OWNER

yes

01/2016

Mar 27, 2026

WALTERS, MICHAEL, DAVID

Ceo

yes

01/2016

Mar 27, 2026

ACCELERATE BUYER LLC

Member

yes

08/2021

Aug 15, 2024

Sep 26, 2024

ACCELERATE INTERMEDIATE HOLDINGS 1 LLC

Member

yes

08/2021

Aug 15, 2024

Sep 26, 2024

ACCELERATE INTERMEDIATE HOLDINGS 2 LLC

Member

yes

08/2021

Aug 15, 2024

Sep 26, 2024

ACCELERATE TOPCO HOLDINGS LLC

Member

yes

08/2021

Aug 15, 2024

Sep 26, 2024

AL MARKETING LLC

Member

yes

08/2021

Aug 15, 2024

Sep 26, 2024

AMERILIFE BLOCKER HOLDINGS LLC

Member

yes

11/2022

Aug 15, 2024

Sep 26, 2024

AMERILIFE GROUP LLC

Member

yes

08/2021

Aug 15, 2024

Sep 26, 2024

AMERILIFE HOLDINGS LLC

Member

yes

08/2021

Aug 15, 2024

Sep 26, 2024

AMERILIFE MIDCO LLC

Member

yes

08/2021

Aug 15, 2024

Sep 26, 2024

ENDERS, BRENT, DAVID

PRESIDENT/MANAGER

yes

01/2016

Apr 26, 2016

Sep 26, 2024

GC PROPEL AGGREGATOR GP LLC

GENERAL PARTNER

yes

08/2022

Aug 15, 2024

Sep 26, 2024

GC PROPEL AGGREGATOR LP

Shareholder

yes

08/2022

Aug 15, 2024

Sep 26, 2024

GC PROPEL HOLDINGS INC

Member

yes

08/2022

Aug 15, 2024

Sep 26, 2024

GENSTAR CAPITAL PARTNERS X LP

LIMITED PARTNER

yes

08/2022

Aug 15, 2024

Sep 26, 2024

GENSTAR CAPITAL PARTNERS X LP

Member

yes

08/2022

Aug 15, 2024

Sep 26, 2024

GENSTAR CAPITAL X LP

GENERAL PARTNER

yes

08/2022

Aug 15, 2024

Sep 26, 2024

GENSTAR X GP LLC

GENERAL PARTNER

yes

08/2022

Aug 15, 2024

Sep 26, 2024

ICG HOLIDAY PARTNERS I LP

LIMITED PARTNER

yes

11/2022

Aug 15, 2024

Sep 26, 2024

THL AL BLOCKED BUYER FEEDER LP

LIMITED PARTNER

yes

11/2022

Aug 15, 2024

Sep 26, 2024

THL AMERILIFE EQUITY ADVISORS LLC

GENERAL PARTNER

yes

11/2022

Aug 15, 2024

Sep 26, 2024

THL AMERILIFE PARALLEL SPV LP

Member

yes

11/2022

Aug 15, 2024

Sep 26, 2024

MCCONNELL, JAMES, CARROLL

CHIEF OPERATIONS OFFICER

11/2021

Mar 27, 2026

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

BROOKSTONE CAPITAL MANAGEMENT LLC

n/a

Independent wealth

$13B

yes

n/a

USA FINANCIAL FORMULAS LLC

n/a

Independent wealth

$534M

yes

n/a

FLORIDA FINANCIAL ADVISORS, LLC

n/a

Bd affiliated wealth

$456M

yes

n/a

USA FINANCIAL SECURITIES LLC

n/a

Independent wealth

$297M

yes

n/a

BROOKSTONE WEALTH ADVISORS, LLC

n/a

No RAUM reported

yes

n/a

SAYBRUS EQUITY SERVICES, LLC

n/a

yes

n/a

TRINITY WEALTH SECURITIES, L.L.C.

n/a

yes

n/a

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Mar 27, 2026

$1.6B

n/a

2024

Mar 26, 2025

$1.6B

n/a

2023

Mar 27, 2024

$1.4B

n/a

2022

Mar 31, 2023

$1.4B

n/a

2021

Mar 31, 2022

$1.3B

n/a

2020

Mar 30, 2021

$454M

n/a

2019

Apr 3, 2020

$211M

$188M

n/a

2018

Apr 10, 2019

$517M

$279M

n/a

2017

Mar 29, 2018

$220M

$7.5M

n/a

2016

Apr 13, 2017

n/a

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$1.6B

2.1%

$1.4B

6.1%