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RIA / WealthRegistered adviserformer SEC advisernot on rosterRAUM under $100M

ACT TWO FINANCIAL ADVISORS, LLC

CRD 222513

BAY CITY, 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:ddf6561f-42cc-2a6a-83a0-7e93bf9a063d

Data as of Feb 13, 2023 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 11:15 PM UTC and rebuilt at most every 15 minutes.

Relationships: 4
Dated events: 4
On other graphs: 0
Observed: Apr 1, 2021 to Feb 13, 2023
8 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: $27.1MItem 5.F on the latest filing (2023-02-13); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $27.1M
Private client RAUM: $22.5MderivedItem 5.D individuals plus high net worth individuals
Private client share: 83%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 2
Advisory employees: 2
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 175
Individual clients: 73
SEC number: 801-121117
CRD: 222513
Filings on the tape: 8
First filed: Apr 1, 2021
Latest filed: Feb 13, 2023
Organised: Limited Liability Company, Michigan

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
SCHUMANN, THEODORE, CHRISTOPHER	OWNER / CHIEF COMPLIANCE OFFICER	E	yes	01/2021	Apr 1, 2021	Feb 13, 2023

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
DBS INVESTMENT ADVISERS, LLC	n/a	Independent wealth	$280M	Y	yes	n/a
DBS PROFESSIONAL PRACTICE BROKERS	n/a	n/a	n/a	Y	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	Advisory staff	Offices	Private funds	Fund GAV
2022	Feb 13, 2023	$27.1M	$27.1M	2	2	0	n/a	n/a
2021	Mar 29, 2022	$39.2M	$33.9M	3	3	0	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
2022	$27.1M	$39.2M	-30.9%	n/a	n/a	2	3	0	0

Relationships

Affiliated with (1)

→ DBS INVESTMENT ADVISERS, LLCRegistered adviserother investment adviser, control, common control
factForm ADV

Controls (1)

← SCHUMANN, THEODORE, CHRISTOPHEROwnerOWNER / CHIEF COMPLIANCE OFFICER, ownership code E, individual
Apr 1, 2021 to presentfactForm ADV

Registered with (2)

← THEODORE CHRISTOPHER SCHUMANNAdvisorregistration: previous registration
Jun 30, 2021 to Jan 2, 2024factForm ADV
← ZACHARY D RIVARDAdvisorregistration: previous registration
Jul 1, 2021 to Jan 2, 2024factForm ADV

Dated events

Occurred
Jan 2, 2024
Advisor changed firm
Theodore Christopher Schumann left Act Two Financial Advisors, Llc for Dbs Investment Advisers, Llc (registered 2021-10-07)
Form ADVobserved 5 days ago
Occurred
Jan 2, 2024
Advisor changed firm
Zachary D Rivard left Act Two Financial Advisors, Llc for Straightline (registered 2024-11-20)
Form ADVobserved 5 days ago
Occurred
Jul 30, 2021
Control person left
Gerard Michael Ciaciuch (Chief Compliance Officer) no longer on Schedule A of Act Two Financial Advisors, Llc (listed 2021-04-28, absent 2021-07-30)
Form ADVobserved 5 days ago
Occurred
Apr 1, 2021
First Form ADV filing
Act Two Financial Advisors, Llc filed its initial SEC registration (Form ADV)
Form ADVobserved 5 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:ddf6561f-42cc-2a6a-83a0-7e93bf9a063d
First observed: Apr 1, 2021
Last observed: Feb 13, 2023 43 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.

ACT TWO FINANCIAL ADVISORS, LLC

CRD 222513

BAY CITY, 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:ddf6561f-42cc-2a6a-83a0-7e93bf9a063d

Data as of Feb 13, 2023 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 11:15 PM UTC and rebuilt at most every 15 minutes.

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

SCHUMANN, THEODORE, CHRISTOPHER

OWNER / CHIEF COMPLIANCE OFFICER

yes

01/2021

Apr 1, 2021

Feb 13, 2023

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

DBS INVESTMENT ADVISERS, LLC

n/a

Independent wealth

$280M

yes

n/a

DBS PROFESSIONAL PRACTICE BROKERS

n/a

yes

n/a

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2022

Feb 13, 2023

$27.1M

n/a

2021

Mar 29, 2022

$39.2M

$33.9M

n/a

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2022

$27.1M

$39.2M

-30.9%

n/a