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

L•• • A••••••••• I••

Independent wealth managerGlen Echo, MarylandCRD 105350SEC 801-16929websiteIAPD
Latest filing Apr 16, 2026
First filing on the tape Mar 30, 2012 · 29 filings
SEC status approved since Mar 22, 1982
RAUM
$327M
reported, Item 5.F
Discretionary
0.0%
of RAUM
Private clients
97%
$318M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$109M
derived; firm RAUM over IAPD count
Employees
6
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
29 filings and snapshots on the tape
RAUM$327M as of Apr 16, 2026
Mar 30, 2012$141M then
HNW client RAUM$200M as of Apr 16, 2026
Mar 29, 2018$124M then
State-registered IARs (5.B.3)3 as of Apr 16, 2026
Mar 30, 20120 then
Employees (5.A)6 as of Apr 16, 2026
Mar 28, 20136 then
Private funds: no history
RAUM +7.2% over the last fiscal year+13% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Apr 16, 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
$109MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
99derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.7MderivedHNW RAUM over HNW clients
Average account
$196,970derivedRAUM over accounts (5.F.2.f)
Discretionary
0.0%derivedof RAUM
Institutional
0.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+7.2%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+15%derived
Compensation
percentage of assets, hourly, fixed fees, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, publications, educational seminars, otherreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
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
  • is an insurance broker or agent (6.A.6)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$200M62%
  • Individuals$117M36%
  • Banks and thrifts$2.7M0.8%
  • Charitable organizations$2.3M0.7%
  • Corporations and businesses$1.1M0.3%
Individual clients
243reported
HNW clients
54reported
Pension plan clients
0reported
Charitable clients
1reported
Accounts
1,658reported
Financial planning clients
101-250reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.97 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=3.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
D••••• C•••••• A•••••••••Certified Financial PlannerGlen Echo, MdNov 14, 201937 y3
J••••• L•••• H••••••••Certified Financial PlannerGlen Echo, MdApr 15, 202031 y1
R•••• B••••••••• B•••••••Certified Financial PlannerGlen Echo, MdJul 6, 202213 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • H••••••••• J•••••• L•••• · Ceo/Chief Compliance Officer/Treasurercontrol
    since 01/2016 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Glen Echo, Md · principal300
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
2 against comparable advisers; where to look, not conclusions
  • low discretionary shareStatic outlier · filing Apr 16, 2026
    discretionary share of RAUM of 0% against a peer median of 100% (5676 comparable advisers, 0.0th percentile, 33.7 robust deviations)
    peers: independent wealth managers, $100M to $500M (5,676) · 0.0% percentile
  • HNW share shiftChange between filings · filing Apr 16, 2026
    HNW share of RAUM moved from 83.0% to 61.0% between the annual amendments of 2025-03-20 and 2026-04-16
    peers: independent wealth managers, $100M to $500M (5,676)
What changed
consecutive filings, newest first
  • Insurance-licensed employees · 3 to 0
    Mar 31, 2026 to Apr 16, 2026
  • Accounts · 1,623 to 1,658
    Mar 20, 2025 to Mar 31, 2026
  • Charity clients · 2 to 1
    Mar 20, 2025 to Mar 31, 2026
  • Corporate clients · 0 to 6
    Mar 20, 2025 to Mar 31, 2026
  • HNW clients · 119 to 54
    Mar 20, 2025 to Mar 31, 2026
  • Individual clients · 140 to 243
    Mar 20, 2025 to Mar 31, 2026
  • HNW RAUM · $252M to $200M
    Mar 20, 2025 to Mar 31, 2026
  • Individual RAUM · $50.5M to $117M
    Mar 20, 2025 to Mar 31, 2026
  • Non-discretionary RAUM · $305M to $327M
    Mar 20, 2025 to Mar 31, 2026
  • RAUM · $305M to $327M
    Mar 20, 2025 to Mar 31, 2026
  • Accounts · 1,018 to 1,623
    Nov 26, 2024 to Mar 20, 2025
  • Financial planning clients · 101-250 to 101-250
    Nov 26, 2024 to Mar 20, 2025
  • HNW RAUM · $162M to $252M
    Nov 26, 2024 to Mar 20, 2025
  • Individual RAUM · $50.3M to $50.5M
    Nov 26, 2024 to Mar 20, 2025
  • Non-discretionary RAUM · $214M to $305M
    Nov 26, 2024 to Mar 20, 2025
  • RAUM · $214M to $305M
    Nov 26, 2024 to Mar 20, 2025
  • Accounts · 1,025 to 1,018
    Oct 26, 2023 to Mar 29, 2024
  • HNW clients · 106 to 119
    Oct 26, 2023 to Mar 29, 2024
  • Individual clients · 179 to 140
    Oct 26, 2023 to Mar 29, 2024
  • HNW RAUM · $159M to $162M
    Oct 26, 2023 to Mar 29, 2024
  • Individual RAUM · $67.5M to $50.3M
    Oct 26, 2023 to Mar 29, 2024
  • Non-discretionary RAUM · $228M to $214M
    Oct 26, 2023 to Mar 29, 2024
  • RAUM · $228M to $214M
    Oct 26, 2023 to Mar 29, 2024
  • Accounts · 1,047 to 1,025
    Sep 27, 2022 to Mar 23, 2023
  • HNW clients · 118 to 106
    Sep 27, 2022 to Mar 23, 2023
  • Individual clients · 145 to 179
    Sep 27, 2022 to Mar 23, 2023
  • HNW RAUM · $167M to $159M
    Sep 27, 2022 to Mar 23, 2023
  • Individual RAUM · $47.2M to $67.5M
    Sep 27, 2022 to Mar 23, 2023
  • Non-discretionary RAUM · $217M to $228M
    Sep 27, 2022 to Mar 23, 2023
  • RAUM · $217M to $228M
    Sep 27, 2022 to Mar 23, 2023
  • Accounts · 1,011 to 1,047
    May 20, 2021 to Mar 28, 2022
  • BD registered reps · 4 to 3
    May 20, 2021 to Mar 28, 2022
  • HNW clients · 90 to 118
    May 20, 2021 to Mar 28, 2022
  • Individual clients · 163 to 145
    May 20, 2021 to Mar 28, 2022
  • Employees · 5 to 6
    May 20, 2021 to Mar 28, 2022
  • HNW RAUM · $144M to $167M
    May 20, 2021 to Mar 28, 2022
  • Individual RAUM · $49.6M to $47.2M
    May 20, 2021 to Mar 28, 2022
  • Non-discretionary RAUM · $196M to $217M
    May 20, 2021 to Mar 28, 2022
  • RAUM · $196M to $217M
    May 20, 2021 to Mar 28, 2022
  • Insurance-licensed employees · 0 to 3
    Mar 25, 2021 to May 20, 2021
Signals
No event on the tape.
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
Firm profile
linkedin.com/company/1276181/adminreportedpublic record, Form ADV, Sep 18, 2026
Website
w••.l•••••••••.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
[301]229-8500reportedpublic record, Form ADV, Apr 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
$109Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026