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.

SEC-registered adviser

Atwood & Palmer, Inc.

Independent wealth managerKansas City, MissouriCRD 104995SEC 801-36665websiteIAPD
Latest filing Aug 25, 2026
First filing on the tape Apr 2, 2012 · 28 filings
SEC status approved since May 29, 1990
RAUM
$2.0B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
96%
$1.9B individuals and HNW
Advisors
7
registered through the firm on IAPD
RAUM per advisor
$291M
derived; firm RAUM over IAPD count
Employees
9
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
28 filings and snapshots on the tape
RAUM$2.0B as of Aug 25, 2026
Apr 2, 2012$486M then
HNW client RAUM$1.9B as of Aug 25, 2026
Mar 19, 2018$723M then
State-registered IARs (5.B.3)7 as of Aug 25, 2026
Mar 20, 20135 then
Employees (5.A)9 as of Aug 25, 2026
Mar 20, 20137 then
Private funds: no history
RAUM +18% over the last fiscal year+18% a year over threeIARs 7 to 7
Practice profile
derived from the filing of Aug 25, 2026; every figure names its basis
Archetypes, each a printed rule
  • 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
RAUM per advisor
$291MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
73derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$5.3MderivedHNW RAUM over HNW clients
Average account
$1.5MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
2.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
7.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+18%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+2.4%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
Custody
$1.3B, 270 clientsreportedItem 9.A
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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$1.9B94%
  • Charitable organizations$58.0M2.8%
  • Individuals$35.7M1.8%
  • Corporations and businesses$30.5M1.5%
Individual clients
153reported
HNW clients
358reported
Pension plan clients
n/areported
Charitable clients
8reported
Accounts
1,362reported
Financial planning clients
51-100reported
Wrap fee programs
noreported
Custody of client assets
$1.3B for 270 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.96 fund_share=0.0 institutional_share=0.03 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
7 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Steven Nelson PalmerKansas City, MoNov 1, 199536 y0
Steven Patrick FrankeKansas City, MoJul 3, 200030 y0
Spencer Alan JonesChartered Financial AnalystKansas City, MoDec 20, 200630 y1
Peter James SowdenChartered Financial AnalystKansas City, MoDec 20, 200622 y2
James M MontgomeryKansas City, MoNov 21, 201710 y1
Evan Raleigh LangChartered Financial AnalystKansas City, MoMay 2, 202412 y0
Matthew Thomas EilertKansas City, MoOct 23, 202510 y1
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
    Joined, latest
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • L. Teresa Burch · Chief Compliance Officercontrol
      since 04/2004 · owns less than 5%
    • Patrick Steven Franke · Partnercontrol
      since 01/2023 · owns 25% to 50%
    • Alan Spencer Jones · Partnercontrol
      since 01/2023 · owns 25% to 50%
    • Nelson William Palmer · Partnercontrol
      since 01/2023 · owns 10% to 25%
    • James Peter Sowden · Partnercontrol
      since 01/2023 · owns 25% to 50%
    • Nelson Steven Palmer · Partner
      since 03/1990 · owns 5% to 10%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Kansas City, Mo · principal710
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    ADV anomalies
    1 against comparable advisers; where to look, not conclusions
    • control person changedChange between filings · filing Aug 25, 2026
      PALMER, WILLIAM, NELSON (PARTNER) left Schedule A between the filings of 2023-02-10 and 2026-08-25
      peers: independent wealth managers, $1B to $5B (1,360)
    What changed
    consecutive filings, newest first
    • Accounts · 1,257 to 1,362
      Oct 15, 2025 to Feb 20, 2026
    • Charity clients · 13 to 8
      Oct 15, 2025 to Feb 20, 2026
    • HNW clients · 346 to 358
      Oct 15, 2025 to Feb 20, 2026
    • Assets in custody · $1.2B to $1.3B
      Oct 15, 2025 to Feb 20, 2026
    • Discretionary RAUM · $1.7B to $2.0B
      Oct 15, 2025 to Feb 20, 2026
    • HNW RAUM · $1.6B to $1.9B
      Oct 15, 2025 to Feb 20, 2026
    • Individual RAUM · $36.4M to $35.7M
      Oct 15, 2025 to Feb 20, 2026
    • RAUM · $1.7B to $2.0B
      Oct 15, 2025 to Feb 20, 2026
    • Accounts · 1,176 to 1,257
      Oct 11, 2024 to Mar 11, 2025
    • Advisory employees · 5 to 6
      Oct 11, 2024 to Mar 11, 2025
    • Charity clients · 8 to 13
      Oct 11, 2024 to Mar 11, 2025
    • Corporate clients · 7 to 6
      Oct 11, 2024 to Mar 11, 2025
    • HNW clients · 340 to 346
      Oct 11, 2024 to Mar 11, 2025
    • Individual clients · 135 to 153
      Oct 11, 2024 to Mar 11, 2025
    • Assets in custody · $799M to $1.2B
      Oct 11, 2024 to Mar 11, 2025
    • Employees · 8 to 9
      Oct 11, 2024 to Mar 11, 2025
    • Financial planning clients · 51-100 to 51-100
      Oct 11, 2024 to Mar 11, 2025
    • State-registered IARs · 6 to 7
      Oct 11, 2024 to Mar 11, 2025
    • Discretionary RAUM · $1.4B to $1.7B
      Oct 11, 2024 to Mar 11, 2025
    • HNW RAUM · $1.4B to $1.6B
      Oct 11, 2024 to Mar 11, 2025
    • Individual RAUM · $32.0M to $36.4M
      Oct 11, 2024 to Mar 11, 2025
    • RAUM · $1.4B to $1.7B
      Oct 11, 2024 to Mar 11, 2025
    • Accounts · 458 to 1,176
      Apr 14, 2023 to Mar 19, 2024
    • Charity clients · 7 to 8
      Apr 14, 2023 to Mar 19, 2024
    • Corporate clients · 5 to 7
      Apr 14, 2023 to Mar 19, 2024
    • HNW clients · 322 to 340
      Apr 14, 2023 to Mar 19, 2024
    • Individual clients · 124 to 135
      Apr 14, 2023 to Mar 19, 2024
    • Pension plan clients · 0.0 to unset
      Apr 14, 2023 to Mar 19, 2024
    • Pooled vehicle clients · 0.0 to unset
      Apr 14, 2023 to Mar 19, 2024
    • Assets in custody · unset to 798985345.0
      Apr 14, 2023 to Mar 19, 2024
    • Custody of client assets · false to true
      Apr 14, 2023 to Mar 19, 2024
    • State-registered IARs · 5 to 6
      Apr 14, 2023 to Mar 19, 2024
    • Discretionary RAUM · $1.2B to $1.4B
      Apr 14, 2023 to Mar 19, 2024
    • HNW RAUM · $1.2B to $1.4B
      Apr 14, 2023 to Mar 19, 2024
    • Individual RAUM · $29.7M to $32.0M
      Apr 14, 2023 to Mar 19, 2024
    • RAUM · $1.2B to $1.4B
      Apr 14, 2023 to Mar 19, 2024
    • Advisory activities · 2 to 3
      Mar 13, 2023 to Apr 14, 2023
    • Financial planning clients · unset to 51-100
      Mar 13, 2023 to Apr 14, 2023
    • Accounts · 435 to 458
      Mar 24, 2022 to Feb 10, 2023
    • Corporate clients · 4 to 5
      Mar 24, 2022 to Feb 10, 2023
    Signals
    5 dated events
    • James Peter Sowden (Partner) appeared on Schedule A of Atwood & Palmer, Inc.
      Feb 10, 2023 · Control person joined · fact
    • Patrick Steven Franke (Partner) appeared on Schedule A of Atwood & Palmer, Inc.
      Feb 10, 2023 · Control person joined · fact
    • Alan Spencer Jones (Partner) appeared on Schedule A of Atwood & Palmer, Inc.
      Feb 10, 2023 · Control person joined · fact
    • Nelson William Palmer (Partner) appeared on Schedule A of Atwood & Palmer, Inc.
      Feb 10, 2023 · Control person joined · fact
    • Atwood & Palmer, Inc. reported RAUM $1.1B, up 32% from $841.1M (2020-05-18 to 2021-03-09)
      Mar 9, 2021 · RAUM change · derived
    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
    816-931-2266reportedpublished by the firm, firm site, Sep 16, 2026
    Firm profile
    linkedin.com/company/atwood-&-palmer-inc-reportedpublic record, Form ADV, Sep 17, 2026
    Website
    atwoodpalmer.comreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    816-931-2266reportedpublic record, Form ADV, Aug 25, 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
    $291Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026