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RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM 100m 1b

RETIREMENT FINANCIAL GROUP, LLC

CRD 322692

BEAUMONT, 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:94cb1949-ba2c-9076-c5e7-1dc2846459be

Data as of Jun 16, 2026 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 11:21 AM UTC and rebuilt at most every 15 minutes.

Relationships: 13
Dated events: 6
On other graphs: 0
Observed: Jul 15, 2022 to Jun 16, 2026
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: 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: $186MItem 5.F on the latest filing (2026-06-16); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $186M
Private client RAUM: $186MderivedItem 5.D individuals plus high net worth individuals
Private client share: 100%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 4
RAUM per advisor: $46.5Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 4
Advisory employees: 4
Offices: 1Schedule D 1.F, beyond the principal office
Accounts: 1,004
Individual clients: 366
High net worth clients: 74
SEC number: 801-126392
CRD: 322692
Filings on the tape: 16
First filed: Jul 15, 2022
Latest filed: Jun 16, 2026
Organised: Limited Liability Company, TX

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
CLARK CALVIN SHOFNER	n/a	BEAUMONT, TX \| NEDERLAND, TX	3	22	2	no
ERIK OTHA MORGAN	n/a	BEAUMONT, TX	3	13	1	no
Katelynn Makenzie Reese	n/a	BEAUMONT, TX	1	14	n/a	no
Hunter Allen Bergeron	n/a	BEAUMONT, TX	0	12	n/a	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
MORGAN, ERIK, OTHA	MANAGING MEMBER	D	yes	07/2022	Jul 15, 2022	Nov 4, 2024
SHOFNER, CLARK, CALVIN	MANAGING MEMBER	D	yes	07/2022	Jul 15, 2022	Nov 4, 2024
Reese, Katelynn, Makenzie	Cco	Na	no	07/2022	Jul 15, 2022	Nov 4, 2024

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
ERIK MORGAN, LLC	n/a	n/a	n/a	N	yes	n/a
RETIREMENT NATIONAL, LLC	n/a	n/a	n/a	N	yes	n/a
SHOFNER, CLARK, CALVIN	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
THE WOODLANDS	TX	United States	3	no
Nederland	TX	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 4 of 5

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Mar 30, 2026	$186M	$186M	4	4	2	n/a	n/a
2024	Mar 21, 2025	$153M	$151M	3	3	2	n/a	n/a
2023	Mar 1, 2024	$122M	$122M	2	2	1	n/a	n/a
2022	Mar 22, 2023	$107M	$107M	4	2	1	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	3	-3	75.0%	0	1	0	2	3

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	$186M	$153M	21.3%	$107M	20.1%	4	3	1	2

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
FOUNDATIONS INVESTMENT ADVISORS LLC	2	Nov 3, 2025	Nov 4, 2025	THE WOODLANDS, TX	Team lift out	RIA to RIA	33.3%

Teams in

teams that arrived here from one firm together

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
AE WEALTH MANAGEMENT, LLC	2	Dec 9, 2022	Oct 26, 2022	BEAUMONT, TX	Team lift out	Ibd to new firm	0.5%

Relationships

Registered with (7)

← Hunter Allen BergeronAdvisorregistration: current employment
Jun 9, 2026 to presentfactForm ADV
← Katelynn Makenzie ReeseAdvisorregistration: current employment
Jun 24, 2025 to presentfactForm ADV
← CLARK CALVIN SHOFNERAdvisorregistration: current employment
Oct 26, 2022 to presentfactForm ADV
← ERIK OTHA MORGANAdvisorregistration: current employment
Oct 26, 2022 to presentfactForm ADV
← Hank HargravesAdvisorregistration: previous registration
May 21, 2026 to Jun 24, 2026factForm ADV
← JOSEPH ARTHUR ANDERSONAdvisorregistration: previous registration
Mar 19, 2025 to Nov 3, 2025factForm ADV
← SCOTT ANDREW HEFTYAdvisorregistration: previous registration
Jun 26, 2025 to Nov 3, 2025factForm ADV

Moved with (2)

→ FOUNDATIONS INVESTMENT ADVISORS LLCRegistered adviser2 advisors, team lift out, same day
Nov 3, 2025 to Nov 4, 2025factForm ADV
← AE WEALTH MANAGEMENT, LLCRegistered adviser2 advisors, team lift out, same day
Dec 9, 2022 to Oct 26, 2022factForm ADV

Controls (2)

← SHOFNER, CLARK, CALVINOwnerMANAGING MEMBER, ownership code D, individual
Jul 15, 2022 to Nov 4, 2024factForm ADV
← MORGAN, ERIK, OTHAOwnerMANAGING MEMBER, ownership code D, individual
Jul 15, 2022 to Nov 4, 2024factForm ADV

Owns (1)

← Reese, Katelynn, MakenzieOwnerCCO, ownership code NA, individual
Jul 15, 2022 to Nov 4, 2024factForm ADV

Dated events

Occurred
Jun 24, 2026
Advisor changed firm
Hank Hargraves left Retirement Financial Group, Llc for Lpl Financial Llc (registered 2026-06-23)
Form ADVobserved 5 days ago
Occurred
Nov 3, 2025
Team lift-out
2 advisors left Retirement Financial Group, LLC (The Woodlands, TX) for Foundations Investment Advisors LLC on the same day
Form ADVobserved 5 days ago
2 advisors
Occurred
Nov 3, 2025
Advisor changed firm
Scott Andrew Hefty left Retirement Financial Group, Llc for Foundations Investment Advisors Llc (registered 2025-11-04)
Form ADVobserved 5 days ago
Occurred
Nov 3, 2025
Advisor changed firm
Joseph Arthur Anderson left Retirement Financial Group, Llc for Foundations Investment Advisors Llc (registered 2025-11-04)
Form ADVobserved 5 days ago
Occurred
Dec 9, 2022
Team lift-out
2 advisors left AE Wealth Management, LLC (Beaumont, TX) for Retirement Financial Group, LLC on the same day
Form ADVobserved 5 days ago
2 advisors
Occurred
Jul 15, 2022
First Form ADV filing
Retirement Financial Group, Llc filed its initial SEC registration (Form ADV)
Form ADVobserved 5 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:94cb1949-ba2c-9076-c5e7-1dc2846459be
First observed: Jul 15, 2022
Last observed: Jun 16, 2026 3 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.

RETIREMENT FINANCIAL GROUP, LLC

CRD 322692

BEAUMONT, 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:94cb1949-ba2c-9076-c5e7-1dc2846459be

Data as of Jun 16, 2026 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 11:21 AM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

CLARK CALVIN SHOFNER

n/a

BEAUMONT, TX | NEDERLAND, TX

ERIK OTHA MORGAN

n/a

BEAUMONT, TX

Katelynn Makenzie Reese

n/a

BEAUMONT, TX

n/a

Hunter Allen Bergeron

n/a

BEAUMONT, TX

n/a

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

MORGAN, ERIK, OTHA

MANAGING MEMBER

yes

07/2022

Jul 15, 2022

Nov 4, 2024

SHOFNER, CLARK, CALVIN

MANAGING MEMBER

yes

07/2022

Jul 15, 2022

Nov 4, 2024

Reese, Katelynn, Makenzie

Cco

07/2022

Jul 15, 2022

Nov 4, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

ERIK MORGAN, LLC

n/a

yes

n/a

RETIREMENT NATIONAL, LLC

n/a

yes

n/a

SHOFNER, CLARK, CALVIN

n/a

yes

n/a

City

State

Country

Employees

Also broker-dealer

THE WOODLANDS

United States

Nederland

United States

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Mar 30, 2026

$186M

n/a

2024

Mar 21, 2025

$153M

$151M

n/a

2023

Mar 1, 2024

$122M

n/a

2022

Mar 22, 2023

$107M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

-3

75.0%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$186M

$153M

21.3%

$107M

20.1%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

FOUNDATIONS INVESTMENT ADVISORS LLC

Nov 3, 2025

Nov 4, 2025

THE WOODLANDS, TX

Team lift out

RIA to RIA

33.3%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

AE WEALTH MANAGEMENT, LLC

Dec 9, 2022

Oct 26, 2022

BEAUMONT, TX

Team lift out

Ibd to new firm

0.5%