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.

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SEC-registered adviser

A••••••• I••••••••• A••••••• I••

Independent wealth managerMadison, WisconsinCRD 104579SEC 801-130760websiteIAPD
Latest filing Mar 25, 2026
First filing on the tape Mar 15, 2012 · 7 filings
SEC status approved since Jul 24, 2024
RAUM
$138M
reported, Item 5.F
Discretionary
88%
of RAUM
Private clients
84%
$116M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
7 filings and snapshots on the tape
RAUM$138M as of Mar 25, 2026
Mar 15, 2012$44.9M then
HNW client RAUM$90.3M as of Mar 25, 2026
Mar 21, 2025$79.0M then
State-registered IARs (5.B.3)2 as of Mar 25, 2026
Mar 21, 20252 then
Employees (5.A)2 as of Mar 25, 2026
Mar 21, 20252 then
Private funds: no history
RAUM +11% over the last fiscal yearIARs 2 to 2
Practice profile
derived from the filing of Mar 25, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$68.9MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
84derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.7MderivedHNW RAUM over HNW clients
Average account
$783,393derivedRAUM over accounts (5.F.2.f)
Discretionary
88%derivedof RAUM
Institutional
16%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+11%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+9.2%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$90.3M65%
  • Individuals$25.8M19%
  • Pension and profit-sharing plans$20.4M15%
  • Charitable organizations$1.3M0.9%
  • Corporations and businesses$73,7900.1%
Individual clients
134reported
HNW clients
33reported
Pension plan clients
6reported
Charitable clients
2reported
Accounts
176reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.84 fund_share=0.0 institutional_share=0.16 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • B••••••• W••••••• A••••• · President, Chief Compliance Officer, Director, Secretary, Treasurercontrol
    since 08/2001 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 161 to 176
    Mar 21, 2025 to Mar 25, 2026
  • Charity clients · unset to 2.0
    Mar 21, 2025 to Mar 25, 2026
  • Corporate clients · unset to 1.0
    Mar 21, 2025 to Mar 25, 2026
  • HNW clients · 29 to 33
    Mar 21, 2025 to Mar 25, 2026
  • Individual clients · 124 to 134
    Mar 21, 2025 to Mar 25, 2026
  • Discretionary RAUM · $109M to $121M
    Mar 21, 2025 to Mar 25, 2026
  • HNW RAUM · $79.0M to $90.3M
    Mar 21, 2025 to Mar 25, 2026
  • Individual RAUM · $25.9M to $25.8M
    Mar 21, 2025 to Mar 25, 2026
  • Non-discretionary RAUM · $15.4M to $17.1M
    Mar 21, 2025 to Mar 25, 2026
  • Pension RAUM · $18.2M to $20.4M
    Mar 21, 2025 to Mar 25, 2026
  • RAUM · $124M to $138M
    Mar 21, 2025 to Mar 25, 2026
  • Accounts · 157 to 161
    Jun 25, 2024 to Mar 21, 2025
  • HNW clients · 21 to 29
    Jun 25, 2024 to Mar 21, 2025
  • Individual clients · 128 to 124
    Jun 25, 2024 to Mar 21, 2025
  • Financial planning clients · 1-10 to 1-10
    Jun 25, 2024 to Mar 21, 2025
  • Discretionary RAUM · $99.2M to $109M
    Jun 25, 2024 to Mar 21, 2025
  • HNW RAUM · $63.9M to $79.0M
    Jun 25, 2024 to Mar 21, 2025
  • Individual RAUM · $31.7M to $25.9M
    Jun 25, 2024 to Mar 21, 2025
  • Non-discretionary RAUM · $14.8M to $15.4M
    Jun 25, 2024 to Mar 21, 2025
  • Pension RAUM · $17.2M to $18.2M
    Jun 25, 2024 to Mar 21, 2025
  • RAUM · $114M to $124M
    Jun 25, 2024 to Mar 21, 2025
  • Accounts · 115 to 157
    May 2, 2012 to Jun 25, 2024
  • Advisory employees · unset to 2.0
    May 2, 2012 to Jun 25, 2024
  • Advisory activities · 1 to 2
    May 2, 2012 to Jun 25, 2024
  • HNW clients · unset to 21.0
    May 2, 2012 to Jun 25, 2024
  • Individual clients · unset to 128.0
    May 2, 2012 to Jun 25, 2024
  • Pension plan clients · unset to 6.0
    May 2, 2012 to Jun 25, 2024
  • Employees · unset to 2.0
    May 2, 2012 to Jun 25, 2024
  • Financial planning clients · 0 to 1-10
    May 2, 2012 to Jun 25, 2024
  • State-registered IARs · unset to 2.0
    May 2, 2012 to Jun 25, 2024
  • Other offices · unset to 0.0
    May 2, 2012 to Jun 25, 2024
  • Discretionary RAUM · $37.3M to $99.2M
    May 2, 2012 to Jun 25, 2024
  • HNW RAUM · unset to 63926496.0
    May 2, 2012 to Jun 25, 2024
  • Individual RAUM · unset to 31666734.0
    May 2, 2012 to Jun 25, 2024
  • Non-discretionary RAUM · $7.6M to $14.8M
    May 2, 2012 to Jun 25, 2024
  • Pension RAUM · unset to 17211734.0
    May 2, 2012 to Jun 25, 2024
  • RAUM · $44.9M to $114M
    May 2, 2012 to Jun 25, 2024
Signals
1 dated events
  • A••••••• I••••••••• A••••••• I•• filed its initial SEC registration (Form ADV)
    Jun 25, 2024 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
Business phone
608-238-3500reportedpublished by the firm, firm site, Sep 16, 2026
Firm profile
linkedin.com/company/american-investment-advisors-increportedpublic record, Form ADV, Sep 18, 2026
Website
aiai.bizreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
608-238-3500reportedpublic record, Form ADV, Mar 25, 2026
Contact form
aiai.biz/contact-usreportedpublished by the firm, firm site, Sep 16, 2026
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
n/aderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026