DFX Intelligence

Data Factory

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

FINANCIAL DECISIONS, INC.

CRD 118883

STOCKTON, CA

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:aa3b4381-c6a9-fd2f-813a-f162d28d092b

Data as of Mar 3, 2021 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 12:48 PM UTC and rebuilt at most every 15 minutes.

Relationships: 13
Dated events: 1
On other graphs: 1
Observed: Mar 15, 2012 to Mar 3, 2021
25 observations

Across DFX

same identity by shared identifier, citation, or a bridge measured by hand

Allocatorsidentity

Financial Decisions, Inc.

Investment consultant · shared crd

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: $711MItem 5.F on the latest filing (2021-03-03); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $681M
Private client RAUM: $145MderivedItem 5.D individuals plus high net worth individuals
Private client share: 20%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 8
Advisory employees: 5
Offices: 1Schedule D 1.F, beyond the principal office
Accounts: 1,119
Individual clients: 307
High net worth clients: 55
SEC number: 801-61300
CRD: 118883
Filings on the tape: 25
First filed: Mar 15, 2012
Latest filed: Mar 3, 2021
Organised: Corporation, California

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
LEE, FREDERICK, MORGAN	Director	D	yes	10/2020	Mar 15, 2012	Mar 3, 2021
LEE, NANCY, ELIZABETH	Director	D	yes	10/2020	Mar 15, 2012	Mar 3, 2021
TEIGEN, TOLEN, CLEMENT	CHIEF INVESTMENT OFFICER	Na	yes	07/2013	Jul 25, 2013	Mar 3, 2021
HEROLD, KENNETH, ROBERT	CHIEF COMPLIANCE OFFICER	Na	no	07/2020	Mar 14, 2020	Mar 3, 2021
LEE, MICHAEL, E	PRESIDENT & CHIEF EXECUTIVE OFFICER	Na	no	10/2020	Feb 13, 2018	Mar 3, 2021
MAHONEY, KEVIN, EUGENE	BUSINESS DEVELOPMENT OFFICER	Na	no	07/2013	Feb 13, 2018	Mar 3, 2021
MORRIS, RAQUEL, TANICA	CHIEF OPERATONS OFFICER	Na	no	01/2020	Mar 14, 2020	Mar 3, 2021

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
FINDEC WEALTH SERVICES, INC.	n/a	Other adviser	$628M	Y	yes	n/a
FINDEC BENEFIT SERVICES, INC.	n/a	n/a	n/a	Y	yes	n/a
WESTERN ASSOCIATES INC.	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
Scottsdale	Az	United States	1	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 9 of 10

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2020	Mar 3, 2021	$711M	$681M	8	5	1	n/a	n/a
2019	Mar 14, 2020	$473M	$471M	8	4	0	n/a	n/a
2018	Feb 13, 2019	$376M	$375M	8	4	0	n/a	n/a
2017	Feb 13, 2018	$374M	$374M	10	5	0	n/a	n/a
2016	Mar 7, 2017	$308M	$308M	10	5	n/a	n/a	n/a
2015	Feb 4, 2016	$245M	$245M	8	4	n/a	n/a	n/a
2014	Feb 5, 2015	$222M	$222M	7	4	n/a	n/a	n/a
2013	Feb 10, 2014	$196M	$196M	7	4	n/a	n/a	n/a
2012	Jul 30, 2012	$163M	$163M	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
2020	$711M	$473M	50.4%	$374M	23.8%	8	8	1	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
FINDEC WEALTH SERVICES, INC.	2	Apr 23, 2021	Jan 11, 2021	STOCKTON, CA	Team lift out	Other	66.7%

Relationships

Affiliated with (1)

→ FINDEC WEALTH SERVICES, INC.Registered adviserother investment adviser, control, common control
factForm ADV

Controls (3)

← LEE, FREDERICK, MORGANOwnerDIRECTOR, ownership code D, individual
Mar 15, 2012 to presentfactForm ADV
← LEE, NANCY, ELIZABETHOwnerDIRECTOR, ownership code D, individual
Mar 15, 2012 to presentfactForm ADV
← TEIGEN, TOLEN, CLEMENTOwnerCHIEF INVESTMENT OFFICER, ownership code NA, individual
Jul 25, 2013 to presentfactForm ADV

Owns (4)

← HEROLD, KENNETH, ROBERTOwnerCHIEF COMPLIANCE OFFICER, ownership code NA, individual
Mar 14, 2020 to presentfactForm ADV
← MAHONEY, KEVIN, EUGENEOwnerBUSINESS DEVELOPMENT OFFICER, ownership code NA, individual
Feb 13, 2018 to presentfactForm ADV
← LEE, MICHAEL, EOwnerPRESIDENT & CHIEF EXECUTIVE OFFICER, ownership code NA, individual
Feb 13, 2018 to presentfactForm ADV
← MORRIS, RAQUEL, TANICAOwnerCHIEF OPERATONS OFFICER, ownership code NA, individual
Mar 14, 2020 to presentfactForm ADV

Registered with (3)

← KEVIN EUGENE MAHONEYAdvisorregistration: previous registration
Jun 28, 2002 to Apr 23, 2021factForm ADV
← TOLEN CLEMENT TEIGENAdvisorregistration: previous registration
Jul 25, 2013 to Apr 23, 2021factForm ADV
← Evan Samuel HartsteinAdvisorregistration: previous registration
Aug 13, 2020 to Apr 23, 2021factForm ADV

Moved with (1)

→ FINDEC WEALTH SERVICES, INC.Registered adviser3 advisors, firm absorbed, same day
Apr 23, 2021 to Jan 11, 2021factForm ADV

Dated events

Occurred
Mar 3, 2021
Regulatory AUM changed
Financial Decisions, Inc. reported RAUM $710.7M, up 50% from $472.7M (2020-10-19 to 2021-03-03)
Form ADVobserved 6 days ago
$238M

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:aa3b4381-c6a9-fd2f-813a-f162d28d092b
First observed: Mar 15, 2012
Last observed: Mar 3, 2021 67 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.

FINANCIAL DECISIONS, INC.

CRD 118883

STOCKTON, CA

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:aa3b4381-c6a9-fd2f-813a-f162d28d092b

Data as of Mar 3, 2021 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 12:48 PM UTC and rebuilt at most every 15 minutes.

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

LEE, FREDERICK, MORGAN

Director

yes

10/2020

Mar 15, 2012

Mar 3, 2021

LEE, NANCY, ELIZABETH

Director

yes

10/2020

Mar 15, 2012

Mar 3, 2021

TEIGEN, TOLEN, CLEMENT

CHIEF INVESTMENT OFFICER

yes

07/2013

Jul 25, 2013

Mar 3, 2021

HEROLD, KENNETH, ROBERT

CHIEF COMPLIANCE OFFICER

07/2020

Mar 14, 2020

Mar 3, 2021

LEE, MICHAEL, E

PRESIDENT & CHIEF EXECUTIVE OFFICER

10/2020

Feb 13, 2018

Mar 3, 2021

MAHONEY, KEVIN, EUGENE

BUSINESS DEVELOPMENT OFFICER

07/2013

Feb 13, 2018

Mar 3, 2021

MORRIS, RAQUEL, TANICA

CHIEF OPERATONS OFFICER

01/2020

Mar 14, 2020

Mar 3, 2021

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

FINDEC WEALTH SERVICES, INC.

n/a

Other adviser

$628M

yes

n/a

FINDEC BENEFIT SERVICES, INC.

n/a

yes

n/a

WESTERN ASSOCIATES INC.

n/a

yes

n/a

City

State

Country

Employees

Also broker-dealer

Scottsdale

United States

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2020

Mar 3, 2021

$711M

$681M

n/a

2019

Mar 14, 2020

$473M

$471M

n/a

2018

Feb 13, 2019

$376M

$375M

n/a

2017

Feb 13, 2018

$374M

n/a

2016

Mar 7, 2017

$308M

n/a

2015

Feb 4, 2016

$245M

n/a

2014

Feb 5, 2015

$222M

n/a

2013

Feb 10, 2014

$196M

n/a

2012

Jul 30, 2012

$163M

n/a

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2020

$711M

$473M

50.4%

$374M

23.8%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

FINDEC WEALTH SERVICES, INC.

Apr 23, 2021

Jan 11, 2021

STOCKTON, CA

Team lift out

Other

66.7%