DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.

Registered advisor

L••• A•••••• M••••••

W•••• F•••• A•••••••wirehouseSan Francisco, Cadual registrantIAPD 5406658

Feed of 09/14/2026

Also filed as Luis Mercado

At current firm

1 y

since Feb 24, 2025

In the industry

18 y

since Oct 5, 2007 (earliest exam, job or registration)

Prior registered firms

IAPD previous registrations

State registrations

current, as an IAR

Firms today

current registrations

Exams

S63, S65

IA exams only

Book size

not public

not estimated here

Signals

dated events on this person

Registration history

IAPD current and previous registrations

W•••• F•••• A••••••• wirehouse current
since Feb 24, 2025 · San Francisco, Ca
U••• B•••••• I••••••••• I••• former
Dec 6, 2023 to Feb 25, 2025 · San Francisco, Ca
F••••••• P••••••• A•• W•••••••• A••••••• former
May 17, 2021 to Dec 6, 2023 · San Francisco, Ca
W•••• F•••• A••••••• wirehouse
Feb 9, 2021 to Apr 7, 2021 · Los Altos, Ca

Moves

a registration end followed by a registration begin elsewhere

U••• B•••••• I••••••••• I••• to W•••• F•••• A•••••••
left Feb 25, 2025, registered Feb 24, 2025 (-1 days) · Affiliated broker-dealer or bank to wirehouse
F••••••• P••••••• A•• W•••••••• A••••••• to U••• B•••••• I••••••••• I•••
left Dec 6, 2023, registered Dec 6, 2023 (0 days) · Affiliated broker-dealer or bank to another
W•••• F•••• A••••••• to F••••••• P••••••• A•• W•••••••• A•••••••
left Apr 7, 2021, registered May 17, 2021 (40 days) · Wirehouse to affiliated broker-dealer or bank · moved with a team

Signals

L••• A•••••• M•••••• left U••• B•••••• I••••••••• I••• for W•••• F•••• A••••••• (registered 2025-02-24)
Feb 25, 2025 · Advisor changed firm · fact
L••• A•••••• M•••••• left F••••••• P••••••• A•• W•••••••• A••••••• for U••• B•••••• I••••••••• I••• (registered 2023-12-06)
Dec 6, 2023 · Advisor changed firm · fact

Transition signals

Mobility scoring is not published yet. The observable conditions this page will draw on once the historical validation is done: tenure, the firm’s own departures and ownership changes, new state registrations, a new adviser entity with this person on Schedule A, and colleagues’ moves. Until precision and lead time are measured on known moves, no label is printed. Read the methodology.

Provenance

Source: IAPD individual compilation feedreportedadviserinfo.sec.gov
Firm class: Wirehousederived
Years in industry: 18derivedfrom the earliest dated exam, employment or registration
Not published: disclosure flags, outside business text, branch street address