DFX Intelligence

Data Factory

RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM 1b 10b

SB ADVISORY, LLC

CRD 154680

ATLANTA, GA

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:8b7a6f04-8dce-23b7-d427-ece089635218

Data as of Jun 29, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 6:16 AM UTC and rebuilt at most every 15 minutes.

Relationships: 161
Dated events: 36
On other graphs: 0
Observed: Nov 13, 2012 to Jun 29, 2026
64 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=0.58 fund_share=0.0 institutional_share=0.41 related_bd=true related_bank=false bd_reps=23.0
Regulatory AUM: $1.1BItem 5.F on the latest filing (2026-06-29); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $11.3M
Private client RAUM: $639MderivedItem 5.D individuals plus high net worth individuals
Private client share: 58%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 36
RAUM per advisor: $30.6Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 35
Advisory employees: 30
Offices: 29Schedule D 1.F, beyond the principal office
Accounts: 942
Individual clients: 2,521
High net worth clients: 113
SEC number: 801-77380
CIK: 1730909
CRD: 154680
Filings on the tape: 64
First filed: Nov 13, 2012
Latest filed: Jun 29, 2026
Organised: Limited Liability Company, DE
Website: pnwadvisory.com

Advisors on IAPD

current investment adviser representatives on the IAPD individual feed, longest tenure first; showing 25 of 36

Advisor	Designations	Branch	Years here	In industry	Prior firms	Dual registered
Jeffrey Mark Bowman	n/a	Scottsdale, AZ \| ATLANTA, GA	9	39	1	yes
Hyacinth Renee Sikes	n/a	ATLANTA, GA \| Miami Lakes, FL	6	23	1	no
CHARLES ALLEN BIRBARA	n/a	West Hartford, CT \| ATLANTA, GA	5	31	2	yes
Robert Michael Bulloch	n/a	ATLANTA, GA \| RALEIGH, NC	5	31	5	yes
ALEXYS ULANDO MCKENZIE	n/a	ATLANTA, GA	5	30	1	yes
MAURICE LAWRENCE NAYLON	Chartered Financial Consultant	ATLANTA, GA \| Buffalo, NY	5	42	n/a	yes
DENNIS CHUNG KUO KU	n/a	Lewis Center, OH \| ATLANTA, GA	4	22	2	yes
Michael David Mohlman	n/a	ATLANTA, GA \| Fort Wayne, IN	4	27	5	yes
DOUGLAS EVAN GREENBERG	n/a	ATLANTA, GA \| West Linn, OR	4	29	4	no
JAMES L WORKMAN	n/a	Mantua, NJ \| ATLANTA, GA	3	25	1	yes
Matthew Thomas Bumstead	n/a	ATLANTA, GA \| Sumner, WA	3	22	3	no
TAYLOR Elizabeth BAUERBAND	n/a	Toms River, NJ \| TOMS RIVER, NJ \| ATLANTA, GA	2	12	n/a	yes
Frank E Lumpuy	n/a	MIAMI, FL \| ATLANTA, GA	2	35	2	no
SHAWN CONAN SPELLACY	n/a	Carmichael, CA \| ATLANTA, GA	2	34	1	yes
Matthew Robert Clapp	n/a	ATLANTA, GA \| Grafton, ND	2	21	1	yes
Kimson Huu Cao	Certified Financial Planner	Houston, TX \| ATLANTA, GA	1	22	2	yes
JEFFREY RODRIGUEZ-APONTE	n/a	ATLANTA, GA \| WESLEY CHAPEL, FL	1	23	3	yes
JONATHAN EDWARD GRABE	n/a	ATLANTA, GA \| Ocala, FL	1	24	3	yes
ALAN LEE FEINBERG	n/a	ATLANTA, GA \| Boca Raton, FL	1	14	2	yes
John Burton Rowoldt	n/a	ATLANTA, GA \| Chicago, IL	1	25	3	yes
WILLIAM SCARR SHEFTE	n/a	ATLANTA, GA \| Charlotte, NC	1	37	2	yes
JOHN JAMES FORSTER	n/a	ATLANTA, GA \| Washington, DC	1	41	3	yes
ROBERT LINHART HUGHES	n/a	Traverse City, MI \| Grand Rapids, MI \| ATLANTA, GA	1	40	2	yes
CHELSEY LYNN KOSTER	n/a	Traverse City, MI \| ATLANTA, GA \| Grand Rapids, MI	1	15	2	yes
WALTER MACREE HESTER	n/a	Sarasota, FL \| ATLANTA, GA	0	28	1	no

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
SAN BLAS FUND, LP	Hedge Fund	$200,000	Dec 4, 2015	2	Mar 11, 2015	dropped	021-227133

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
IFS GROUP, INC.	Owner	E	yes	06/2015	Jun 29, 2026	Jun 29, 2026
MCKENZIE, ALEXYS, ULANDO	Ceo	Na	yes	03/2007	Jun 29, 2026	Jun 29, 2026
MCKENZIE, ALEXYS, ULANDO	Ceo	E	yes	06/2015	Nov 13, 2012	Oct 18, 2024
PADILLA, DANIEL	Cco	B	yes	06/2021	Aug 11, 2021	Oct 18, 2024
BOTERO, PETER	CHIEF COMPLIANCE OFFICER	Na	no	05/2026	Jun 29, 2026	Jun 29, 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
SAN BLAS ADVISORY, INC.	n/a	Independent wealth	$219M	N	yes	n/a
SAN BLAS SECURITIES LLC	n/a	n/a	n/a	N	yes	n/a

Offices

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

City	State	Country	Employees	Also broker-dealer
MIAMI LAKES	FL	United States	1	yes
JOHNS CREEK	Ga	United States	1	no
Orion	Mi	United States	1	no
CHERRY HILL	Nj	United States	1	yes
Toledo	Oh	United States	1	yes
n/a	n/a	n/a	1	yes

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
2025	Jan 30, 2026	$405M	$28.5M	29	29	22	n/a	n/a
2024	Mar 26, 2025	$286M	$21.6M	29	29	22	n/a	n/a
2023	Apr 2, 2024	$286M	$21.6M	29	29	27	n/a	n/a
2022	Apr 3, 2023	$247M	$46.5M	30	28	27	n/a	n/a
2021	Mar 31, 2022	$290M	$24.7M	35	32	4	n/a	n/a
2020	Jan 12, 2021	$123M	$26.6M	23	23	4	n/a	n/a
2019	Feb 6, 2020	$137M	$93.4M	23	23	4	n/a	n/a
2018	Apr 5, 2019	$601M	$513M	63	58	11	n/a	n/a
2017	Feb 26, 2018	$269M	$156M	60	58	11	n/a	n/a
2016	Mar 30, 2017	$192M	$98.2M	49	48	n/a	n/a	n/a
2015	Mar 28, 2016	$90.1M	$78.1M	38	37	n/a	n/a	n/a
2014	Mar 11, 2015	$73.4M	$47.7M	38	37	n/a	1	$200,000
2013	Apr 2, 2014	$54.5M	$36.9M	34	31	n/a	n/a	n/a
2012	Mar 28, 2013	$20.0M	$10.0M	10	7	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
9	5	4	13.9%	3	1	0	21	9

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	$1.1B	$286M	285.3%	$247M	64.6%	35	29	29	22

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
CL WEALTH MANAGEMENT LLC	2	Jan 4, 2023	Jan 5, 2023	ATLANTA, GA	Team lift out	RIA to RIA	10.5%
DIVINE ASSET MANAGEMENT LLC	2	Jun 1, 2021	Jun 23, 2021	ATLANTA, GA	Team lift out	RIA to state RIA	10.5%
CANTELLA & CO., INC.	2	Sep 3, 2019	Sep 9, 2019	ATLANTA, GA	Team lift out	Ibd to ibd	4.9%
WELLS TRECASO FINANCIAL GROUP, LLC	3	Mar 6, 2019	Jan 4, 2019	ATLANTA, GA	Team lift out	Ibd to RIA	7.3%
LOMBARD ADVISERS INCORPORATED	2	Apr 7, 2017	Apr 25, 2017	ATLANTA, GA	Team lift out	Other	6.3%

Teams in

teams that arrived here from one firm together

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
NEXT FINANCIAL GROUP, INC.	2	Jul 16, 2025	Jul 28, 2025	GRAND RAPIDS, MI	Team lift out	Ibd to RIA	12.5%
DIVINE ASSET MANAGEMENT LLC	2	Dec 31, 2019	Nov 12, 2020	LAKE HILL, NY	Team lift out	Other	66.7%
RAYMOND JAMES FINANCIAL SERVICES ADVISORS, INC	2	Jun 11, 2019	Jul 1, 2019	ROSEVILLE, CA	Team lift out	Ibd to ibd	0.0%
MORGAN STANLEY	3	Nov 6, 2017	Nov 3, 2017	AKRON, OH	Team lift out	Other	0.0%
G. A. REPPLE & COMPANY	2	Jun 16, 2017	Jan 17, 2018	PALMETTO BAY, FL	Team lift out	Other	5.4%
SUMMIT FINANCIAL GROUP INC	3	Jul 1, 2016	Jul 8, 2016	YORK, PA	Team lift out	Other	1.3%

Relationships

showing 80 of 161

Registered with (65)

← OMAR GANOOMAdvisorregistration: current employment
Sep 1, 2026 to presentfactForm ADV
← christopher michael roumayehAdvisorregistration: current employment
Aug 26, 2026 to presentfactForm ADV
← ADAM J GODINOAdvisorregistration: current employment
Aug 4, 2026 to presentfactForm ADV
← KEVIN WILLIAM LA MONTAdvisorregistration: current employment
Jul 1, 2026 to presentfactForm ADV
← STEVEN GREGORY PRICEAdvisorregistration: current employment
Mar 17, 2026 to presentfactForm ADV
← SCOTT RYAN BABBITTAdvisorregistration: current employment
Feb 6, 2026 to presentfactForm ADV
← JOHN CADENAAdvisorregistration: current employment
Feb 6, 2026 to presentfactForm ADV
← Bruce Alfred BoutaAdvisorregistration: current employment
Jan 15, 2026 to presentfactForm ADV
← WILLIAM JOHN VLAHOULISAdvisorregistration: current employment
Dec 23, 2025 to presentfactForm ADV
← Alec RissAdvisorregistration: current employment
Dec 5, 2025 to presentfactForm ADV
← TAYLOR Elizabeth BAUERBANDAdvisorregistration: current employment
Nov 19, 2025 to presentfactForm ADV
← steven aibelAdvisorregistration: current employment
Oct 14, 2025 to presentfactForm ADV
← WALTER MACREE HESTERAdvisorregistration: current employment
Sep 22, 2025 to presentfactForm ADV
← CHELSEY LYNN KOSTERAdvisorregistration: current employment
Jul 28, 2025 to presentfactForm ADV
← JOHN JAMES FORSTERAdvisorregistration: current employment
Jul 18, 2025 to presentfactForm ADV
← ROBERT LINHART HUGHESAdvisorregistration: current employment
Jul 18, 2025 to presentfactForm ADV
← WILLIAM SCARR SHEFTEAdvisorregistration: current employment
May 28, 2025 to presentfactForm ADV
← John Burton RowoldtAdvisorregistration: current employment
May 14, 2025 to presentfactForm ADV
← JONATHAN EDWARD GRABEAdvisorregistration: current employment
Jan 1, 2025 to presentfactForm ADV
← ALAN LEE FEINBERGAdvisorregistration: current employment
Jan 1, 2025 to presentfactForm ADV
← JEFFREY RODRIGUEZ-APONTEAdvisorregistration: current employment
Nov 13, 2024 to presentfactForm ADV
← Kimson Huu CaoAdvisorregistration: current employment
Oct 21, 2024 to presentfactForm ADV
← Matthew Robert ClappAdvisorregistration: current employment
Aug 23, 2024 to presentfactForm ADV
← SHAWN CONAN SPELLACYAdvisorregistration: current employment
Jul 2, 2024 to presentfactForm ADV
← Frank E LumpuyAdvisorregistration: current employment
Jun 3, 2024 to presentfactForm ADV
← Matthew Thomas BumsteadAdvisorregistration: current employment
Sep 6, 2023 to presentfactForm ADV
← JAMES L WORKMANAdvisorregistration: current employment
Nov 15, 2022 to presentfactForm ADV
← DOUGLAS EVAN GREENBERGAdvisorregistration: current employment
Aug 19, 2022 to presentfactForm ADV
← Hyacinth Renee SikesAdvisorregistration: current employment
Mar 29, 2022 to presentfactForm ADV
← Michael David MohlmanAdvisorregistration: current employment
Jan 20, 2022 to presentfactForm ADV
and 35 more

Affiliated with (2)

→ SAN BLAS ADVISORY, INC.Registered adviserother investment adviser, common control
factForm ADV
← INVICTUS CAPITAL INVESTORSRegistered adviserother investment adviser, common control
factForm ADV

Moved with (3)

← NEXT FINANCIAL GROUP, INC.Registered adviser2 advisors, team lift out, same day
Jul 16, 2025 to Jul 28, 2025factForm ADV
→ CL WEALTH MANAGEMENT LLCRegistered adviser2 advisors, team lift out, same day
Jan 4, 2023 to Jan 5, 2023factForm ADV
→ DIVINE ASSET MANAGEMENT LLCRegistered adviser2 advisors, team lift out, same day
Jun 1, 2021 to Jun 23, 2021factForm ADV

Controls (3)

← MCKENZIE, ALEXYS, ULANDOOwnerCEO, ownership code E, individual
Nov 13, 2012 to Oct 18, 2024factForm ADV
← PADILLA, DANIELOwnerCCO, ownership code B, individual
Aug 11, 2021 to Oct 18, 2024factForm ADV
← IFS GROUP, INC.OwnerOWNER, ownership code E, domestic entity
Jun 10, 2015 to Oct 18, 2024factForm ADV

Dated events

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

Occurred
Jun 29, 2026
Regulatory AUM changed
Sb Advisory, Llc reported RAUM $1.1B, up 172% from $404.8M (2026-05-18 to 2026-06-29)
Form ADVobserved 4 days ago
$697M
Occurred
Jun 26, 2026
Advisor changed firm
Stephen Alan Colavito left Sb Advisory, Llc for San Blas Advisory, Inc. (registered 2023-06-12)
Form ADVobserved 4 days ago
Occurred
Mar 27, 2026
Advisor changed firm
Robert Louis Takacs left Sb Advisory, Llc for Unity Financial Planning Group Llc (registered 2026-02-25)
Form ADVobserved 4 days ago
Occurred
Mar 23, 2026
Advisor changed firm
Ronald Litteral left Sb Advisory, Llc for San Blas Advisory, Inc. (registered 2025-11-06)
Form ADVobserved 4 days ago
Occurred
Dec 2, 2025
Advisor changed firm
Benjamin Cory Treece left Sb Advisory, Llc for Unity Financial Planning Group Llc (registered 2025-11-25)
Form ADVobserved 4 days ago
Occurred
Oct 22, 2025
Advisor changed firm
Paul Martin Walkington left Sb Advisory, Llc for Em Financial Services, Llc (registered 2025-10-23)
Form ADVobserved 4 days ago
Occurred
Aug 19, 2025
Advisor changed firm
Michael Anthony Allen left Sb Advisory, Llc for Allen Financial Advisement, Inc. (registered 2025-11-03)
Form ADVobserved 4 days ago
Occurred
Jul 16, 2025
Team lift-out
2 advisors left Next Financial Group, Inc. (Grand Rapids, MI) for SB Advisory, LLC on the same day
Form ADVobserved 2 days ago
2 advisors
Occurred
May 14, 2025
Regulatory AUM changed
Sb Advisory, Llc reported RAUM $404.8M, up 42% from $285.9M (2025-03-26 to 2025-05-14)
Form ADVobserved 4 days ago
$119M
Occurred
May 5, 2025
Advisor changed firm
Guilford Ward Nergard left Sb Advisory, Llc for Nergard Wealth Management, Llc (registered 2025-05-29)
Form ADVobserved 4 days ago
Occurred
Oct 9, 2024
Advisor changed firm
Mei Wang Davidson left Sb Advisory, Llc for Dcm Advisors, Llc (registered 2025-06-13)
Form ADVobserved 4 days ago
Occurred
Jun 4, 2024
Advisor changed firm
David M Zane left Sb Advisory, Llc for Allstate Financial Advisors, Llc (registered 2025-02-10)
Form ADVobserved 4 days ago
Occurred
Jun 16, 2023
Advisor changed firm
Blake Ryan Fowler left Sb Advisory, Llc for Kingswood Wealth Advisors, Llc (registered 2023-06-26)
Form ADVobserved 4 days ago
Occurred
Feb 1, 2023
Advisor changed firm
Clifford William Shirah left Sb Advisory, Llc for Cl Wealth Management Llc (registered 2023-02-02)
Form ADVobserved 4 days ago
Occurred
Jan 11, 2023
Advisor changed firm
Eric Martin Ruth left Sb Advisory, Llc for Cl Wealth Management Llc (registered 2023-01-12)
Form ADVobserved 4 days ago
Occurred
Jan 4, 2023
Team lift-out
2 advisors left SB Advisory, LLC (Atlanta, GA) for CL Wealth Management LLC on the same day
Form ADVobserved 3 days ago
2 advisors
Occurred
Jan 4, 2023
Advisor changed firm
Daniel Edward Peltier left Sb Advisory, Llc for Cl Wealth Management Llc (registered 2023-01-05)
Form ADVobserved 4 days ago
Occurred
Jan 4, 2023
Advisor changed firm
Craig Allen Johnson left Sb Advisory, Llc for Cl Wealth Management Llc (registered 2023-01-05)
Form ADVobserved 4 days ago
Occurred
Oct 26, 2022
Advisor changed firm
Jennifer Marie Duncan left Sb Advisory, Llc for Edward Jones (registered 2022-11-21)
Form ADVobserved 4 days ago
Occurred
Aug 17, 2022
Advisor changed firm
David Alan Lakis left Sb Advisory, Llc for Cl Wealth Management Llc (registered 2022-08-16)
Form ADVobserved 4 days ago
Occurred
May 23, 2022
Advisor changed firm
Mark D Elmore left Sb Advisory, Llc for Independent Financial Group, Llc (registered 2022-05-23)
Form ADVobserved 4 days ago
Occurred
Apr 4, 2022
Advisor changed firm
Michael Kissi left Sb Advisory, Llc for Aegis Capital Corp. (registered 2022-04-04)
Form ADVobserved 4 days ago
Occurred
Mar 31, 2022
Regulatory AUM changed
Sb Advisory, Llc reported RAUM $289.9M, up 136% from $122.6M (2021-08-11 to 2022-03-31)
Form ADVobserved 4 days ago
$167M
Occurred
Aug 11, 2021
Control person left
Thomas Joquinn Sadler (Coo & Cco) no longer on Schedule A of Sb Advisory, Llc (listed 2021-08-06, absent 2021-08-11)
Form ADVobserved 4 days ago
Occurred
Aug 11, 2021
Control person joined
Daniel Padilla (Cco) appeared on Schedule A of Sb Advisory, Llc
Form ADVobserved 4 days ago
Occurred
Feb 6, 2020
Regulatory AUM changed
Sb Advisory, Llc reported RAUM $136.9M, down 77% from $600.7M (2019-10-14 to 2020-02-06)
Form ADVobserved 4 days ago
$-464M
Occurred
Oct 14, 2019
Control person left
Marie Janet Bentley-Ewers (Cco) no longer on Schedule A of Sb Advisory, Llc (listed 2019-10-04, absent 2019-10-14)
Form ADVobserved 4 days ago
Occurred
Feb 15, 2019
Regulatory AUM changed
Sb Advisory, Llc reported RAUM $600.7M, up 123% from $269.0M (2018-11-20 to 2019-02-15)
Form ADVobserved 4 days ago
$332M
Occurred
Nov 13, 2012
First Form ADV filing
Ifs Advisory, Llc filed its initial SEC registration (Form ADV)
Form ADVobserved 4 days ago

Show 7 bookkeeping events

Occurred
Jun 29, 2026
Sb Advisory, Llc reported 29 offices beyond its principal office, up from 22 (2026-05-18 to 2026-06-29)
Occurred
Mar 26, 2025
Sb Advisory, Llc reported 22 offices beyond its principal office, down from 27 (2024-10-18 to 2025-03-26)
Occurred
Apr 3, 2023
Sb Advisory, Llc reported 27 offices beyond its principal office, up from 4 (2022-03-31 to 2023-04-03)
Occurred
Mar 31, 2022
Sb Advisory, Llc reported 32 state-registered advisory representatives, up from 2 (2021-08-11 to 2022-03-31)
Occurred
Feb 6, 2020
Sb Advisory, Llc reported 4 offices beyond its principal office, down from 11 (2019-10-14 to 2020-02-06)
Occurred
Feb 15, 2019
Sb Advisory, Llc reported 1 state-registered advisory representatives, down from 60 (2018-11-20 to 2019-02-15)
Occurred
Feb 26, 2018
Sb Advisory, Llc reported 60 state-registered advisory representatives, up from 48 (2017-03-30 to 2018-02-26)

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:8b7a6f04-8dce-23b7-d427-ece089635218
First observed: Nov 13, 2012
Last observed: Jun 29, 2026 2 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.

SB ADVISORY, LLC

CRD 154680

ATLANTA, GA

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:8b7a6f04-8dce-23b7-d427-ece089635218

Data as of Jun 29, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 6:16 AM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

Jeffrey Mark Bowman

n/a

Scottsdale, AZ | ATLANTA, GA

yes

Hyacinth Renee Sikes

n/a

ATLANTA, GA | Miami Lakes, FL

CHARLES ALLEN BIRBARA

n/a

West Hartford, CT | ATLANTA, GA

yes

Robert Michael Bulloch

n/a

ATLANTA, GA | RALEIGH, NC

yes

ALEXYS ULANDO MCKENZIE

n/a

ATLANTA, GA

yes

MAURICE LAWRENCE NAYLON

Chartered Financial Consultant

ATLANTA, GA | Buffalo, NY

n/a

yes

DENNIS CHUNG KUO KU

n/a

Lewis Center, OH | ATLANTA, GA

yes

Michael David Mohlman

n/a

ATLANTA, GA | Fort Wayne, IN

yes

DOUGLAS EVAN GREENBERG

n/a

ATLANTA, GA | West Linn, OR

JAMES L WORKMAN

n/a

Mantua, NJ | ATLANTA, GA

yes

Matthew Thomas Bumstead

n/a

ATLANTA, GA | Sumner, WA

TAYLOR Elizabeth BAUERBAND

n/a

Toms River, NJ | TOMS RIVER, NJ | ATLANTA, GA

n/a

yes

Frank E Lumpuy

n/a

MIAMI, FL | ATLANTA, GA

SHAWN CONAN SPELLACY

n/a

Carmichael, CA | ATLANTA, GA

yes

Matthew Robert Clapp

n/a

ATLANTA, GA | Grafton, ND

yes

Kimson Huu Cao

Certified Financial Planner

Houston, TX | ATLANTA, GA

yes

JEFFREY RODRIGUEZ-APONTE

n/a

ATLANTA, GA | WESLEY CHAPEL, FL

yes

JONATHAN EDWARD GRABE

n/a

ATLANTA, GA | Ocala, FL

yes

ALAN LEE FEINBERG

n/a

ATLANTA, GA | Boca Raton, FL

yes

John Burton Rowoldt

n/a

ATLANTA, GA | Chicago, IL

yes

WILLIAM SCARR SHEFTE

n/a

ATLANTA, GA | Charlotte, NC

yes

JOHN JAMES FORSTER

n/a

ATLANTA, GA | Washington, DC

yes

ROBERT LINHART HUGHES

n/a

Traverse City, MI | Grand Rapids, MI | ATLANTA, GA

yes

CHELSEY LYNN KOSTER

n/a

Traverse City, MI | ATLANTA, GA | Grand Rapids, MI

yes

WALTER MACREE HESTER

n/a

Sarasota, FL | ATLANTA, GA

Fund

Type

Reported GAV

As of

Owners

First reported

Status

Form D file

SAN BLAS FUND, LP

Hedge Fund

$200,000

Dec 4, 2015

Mar 11, 2015

dropped

021-227133

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

IFS GROUP, INC.

Owner

yes

06/2015

Jun 29, 2026

MCKENZIE, ALEXYS, ULANDO

Ceo

yes

03/2007

Jun 29, 2026

MCKENZIE, ALEXYS, ULANDO

Ceo

yes

06/2015

Nov 13, 2012

Oct 18, 2024

PADILLA, DANIEL

Cco

yes

06/2021

Aug 11, 2021

Oct 18, 2024

BOTERO, PETER

CHIEF COMPLIANCE OFFICER

05/2026

Jun 29, 2026

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

SAN BLAS ADVISORY, INC.

n/a

Independent wealth

$219M

yes

n/a

SAN BLAS SECURITIES LLC

n/a

yes

n/a

City

State

Country

Employees

Also broker-dealer

MIAMI LAKES

United States

yes

JOHNS CREEK

United States

Orion

United States

CHERRY HILL

United States

yes

Toledo

United States

yes

n/a

yes

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Jan 30, 2026

$405M

$28.5M

n/a

2024

Mar 26, 2025

$286M

$21.6M

n/a

2023

Apr 2, 2024

$286M

$21.6M

n/a

2022

Apr 3, 2023

$247M

$46.5M

n/a

2021

Mar 31, 2022

$290M

$24.7M

n/a

2020

Jan 12, 2021

$123M

$26.6M

n/a

2019

Feb 6, 2020

$137M

$93.4M

n/a

2018

Apr 5, 2019

$601M

$513M

n/a

2017

Feb 26, 2018

$269M

$156M

n/a

2016

Mar 30, 2017

$192M

$98.2M

n/a

2015

Mar 28, 2016

$90.1M

$78.1M

n/a

2014

Mar 11, 2015

$73.4M

$47.7M

n/a

$200,000

2013

Apr 2, 2014

$54.5M

$36.9M

n/a

2012

Mar 28, 2013

$20.0M

$10.0M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

13.9%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$1.1B

$286M

285.3%

$247M

64.6%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

CL WEALTH MANAGEMENT LLC

Jan 4, 2023

Jan 5, 2023

ATLANTA, GA

Team lift out

RIA to RIA

10.5%

DIVINE ASSET MANAGEMENT LLC

Jun 1, 2021

Jun 23, 2021

ATLANTA, GA

Team lift out

RIA to state RIA

10.5%

CANTELLA & CO., INC.

Sep 3, 2019

Sep 9, 2019

ATLANTA, GA

Team lift out

Ibd to ibd

4.9%

WELLS TRECASO FINANCIAL GROUP, LLC

Mar 6, 2019

Jan 4, 2019

ATLANTA, GA

Team lift out

Ibd to RIA

7.3%

LOMBARD ADVISERS INCORPORATED

Apr 7, 2017

Apr 25, 2017

ATLANTA, GA

Team lift out

Other

6.3%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

NEXT FINANCIAL GROUP, INC.

Jul 16, 2025

Jul 28, 2025

GRAND RAPIDS, MI

Team lift out

Ibd to RIA

12.5%

DIVINE ASSET MANAGEMENT LLC

Dec 31, 2019

Nov 12, 2020

LAKE HILL, NY

Team lift out

Other

66.7%

RAYMOND JAMES FINANCIAL SERVICES ADVISORS, INC

Jun 11, 2019

Jul 1, 2019

ROSEVILLE, CA

Team lift out

Ibd to ibd

0.0%

MORGAN STANLEY

Nov 6, 2017

Nov 3, 2017

AKRON, OH

Team lift out

Other

0.0%

G. A. REPPLE & COMPANY

Jun 16, 2017

Jan 17, 2018

PALMETTO BAY, FL

Team lift out

Other

5.4%

SUMMIT FINANCIAL GROUP INC

Jul 1, 2016

Jul 8, 2016

YORK, PA

Team lift out

Other

1.3%