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

BURNHAM & DELLS ADVISORS

RWB CAPITAL MANAGEMENT, LLC, CRD 114866

GRAND RAPIDS, 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:e90df747-c834-eaea-0bb9-78362e1041c5

Data as of Mar 15, 2022 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 12:43 PM UTC and rebuilt at most every 15 minutes.

Relationships: 5
Dated events: 4
On other graphs: 1
Observed: Feb 29, 2012 to Mar 15, 2022
24 observations

Across DFX

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

Allocatorsidentity

Burnham & Dells Advisors

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: $386MItem 5.F on the latest filing (2022-03-15); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $386M
Private client RAUM: $139MderivedItem 5.D individuals plus high net worth individuals
Private client share: 36%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 5
Advisory employees: 5
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 365
Individual clients: 121
High net worth clients: 67
SEC number: 801-60510
CRD: 114866
Filings on the tape: 24
First filed: Feb 29, 2012
Latest filed: Mar 15, 2022
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
BURNHAM, SANDRA, L	CHIEF COMPLIANCE OFFICER	D	yes	07/2001	Feb 29, 2012	Mar 15, 2022
DELLS, CARLA, MARIE	Member	D	yes	01/2017	Apr 12, 2017	Mar 15, 2022

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
2021	Mar 15, 2022	$386M	$386M	5	5	0	n/a	n/a
2020	Feb 22, 2021	$356M	$356M	5	5	0	n/a	n/a
2019	Feb 25, 2020	$313M	$313M	4	4	0	n/a	n/a
2018	Feb 25, 2019	$254M	$252M	4	4	0	n/a	n/a
2017	Feb 21, 2018	$254M	$252M	4	4	0	n/a	n/a
2016	Feb 16, 2017	$199M	$175M	5	5	n/a	n/a	n/a
2015	Feb 23, 2016	$188M	$162M	5	5	n/a	n/a	n/a
2014	Feb 5, 2015	$161M	$109M	4	4	n/a	n/a	n/a
2013	Mar 24, 2014	$161M	$130M	5	5	n/a	n/a	n/a
2012	Mar 27, 2013	$134M	$111M	5	5	n/a	n/a	n/a
2011	Feb 29, 2012	$113M	$94.1M	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
2021	$386M	$356M	8.5%	$254M	14.9%	5	5	0	0

Relationships

Controls (2)

← DELLS, CARLA, MARIEOwnerMEMBER, ownership code D, individual
Apr 12, 2017 to presentfactForm ADV
← BURNHAM, SANDRA, LOwnerCHIEF COMPLIANCE OFFICER, ownership code D, individual
Feb 29, 2012 to presentfactForm ADV

Registered with (3)

← CARLA MARIE DELLSAdvisorregistration: previous registration
Oct 28, 2010 to Oct 20, 2022factForm ADV
← Adam Roland TraskAdvisorregistration: previous registration
Jun 5, 2020 to Oct 20, 2022factForm ADV
← BOBBY TSIRONISAdvisorregistration: previous registration
Oct 29, 2010 to May 8, 2014factForm ADV

Dated events

Occurred
Oct 20, 2022
Advisor changed firm
Adam Roland Trask left Burnham & Dells Advisors for Burnham & Company Llc (registered 2022-09-26)
Form ADVobserved 5 days ago
Occurred
Oct 20, 2022
Advisor changed firm
Carla Marie Dells left Burnham & Dells Advisors for Ds Investment Advisors (registered 2022-09-22)
Form ADVobserved 5 days ago
Occurred
Mar 2, 2020
Succession filed (Item 4)
Burnham & Dells Advisors reported succeeding to the business of Another Adviser (Form ADV Item 4)
Form ADVobserved 5 days ago
Occurred
Feb 25, 2019
Control person left
Wright Robert Burnham (Member) no longer on Schedule A of Burnham & Dells Advisors (listed 2018-02-21, absent 2019-02-25)
Form ADVobserved 5 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:e90df747-c834-eaea-0bb9-78362e1041c5
First observed: Feb 29, 2012
Last observed: Mar 15, 2022 55 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.

BURNHAM & DELLS ADVISORS

RWB CAPITAL MANAGEMENT, LLC, CRD 114866

GRAND RAPIDS, 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:e90df747-c834-eaea-0bb9-78362e1041c5

Data as of Mar 15, 2022 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 12:43 PM UTC and rebuilt at most every 15 minutes.

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

BURNHAM, SANDRA, L

CHIEF COMPLIANCE OFFICER

yes

07/2001

Feb 29, 2012

Mar 15, 2022

DELLS, CARLA, MARIE

Member

yes

01/2017

Apr 12, 2017

Mar 15, 2022

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2021

Mar 15, 2022

$386M

n/a

2020

Feb 22, 2021

$356M

n/a

2019

Feb 25, 2020

$313M

n/a

2018

Feb 25, 2019

$254M

$252M

n/a

2017

Feb 21, 2018

$254M

$252M

n/a

2016

Feb 16, 2017

$199M

$175M

n/a

2015

Feb 23, 2016

$188M

$162M

n/a

2014

Feb 5, 2015

$161M

$109M

n/a

2013

Mar 24, 2014

$161M

$130M

n/a

2012

Mar 27, 2013

$134M

$111M

n/a

2011

Feb 29, 2012

$113M

$94.1M

n/a

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2021

$386M

$356M

8.5%

$254M

14.9%