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

J•• A• F••••••• L••

Independent wealth managerTroy, MichiganCRD 105609SEC 801-6618websiteIAPD
Legal name F•••••• J•• A• L••
Latest filing Mar 30, 2026
First filing on the tape Mar 29, 2012 · 21 filings
SEC status approved since May 31, 1970
RAUM
$1.3B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
87%
$1.1B individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$313M
derived; firm RAUM over IAPD count
Employees
8
4 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
21 filings and snapshots on the tape
RAUM$1.3B as of Mar 30, 2026
Mar 29, 2012$386M then
HNW client RAUM$1.1B as of Mar 30, 2026
Mar 30, 2018$454M then
State-registered IARs (5.B.3)4 as of Mar 30, 2026
Mar 29, 20120 then
Employees (5.A)8 as of Mar 30, 2026
Mar 27, 20139 then
Private funds: no history
RAUM +12% over the last fiscal year+17% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Mar 30, 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
$313MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
125derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.3MderivedHNW RAUM over HNW clients
Average account
$2.3MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
8.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
2.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+12%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+2.7%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
Custody
$92.1M, 13 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$1.1B84%
  • Pension and profit-sharing plans$76.4M6.1%
  • Corporations and businesses$55.8M4.5%
  • Individuals$39.6M3.2%
  • Charitable organizations$26.7M2.1%
Individual clients
257reported
HNW clients
244reported
Pension plan clients
13reported
Charitable clients
5reported
Accounts
537reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$92.1M for 13 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.87 fund_share=0.0 institutional_share=0.08 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
J•• A•••• F••••••Troy, MiAug 3, 201656 y1
T••• M•••••• I•••••••Chartered Financial AnalystTroy, MiAug 3, 201628 y1
V•••••• F••••Troy, MiAug 3, 201624 y1
E••• J•• F••••••Troy, MiJan 12, 202211 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
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • F••••••• J••• A•••• · Coo/Presidentcontrol
        since 09/1983 · owns 75% or more
      • B••••••• D••••• C•••• · Cco
        since 01/2019 · owns less than 5%
      Related persons
      Schedule D 7.A
      No related person reported.
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      Troy, Mi · principal400
      Offices
      Schedule D 1.F, the 25 largest
      • Palm Beach Gardens, FL
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • control person changedChange between filings · filing Mar 30, 2026
        F••••••• J••• A•••• (COO/PRESIDENT) left Schedule A between the filings of 2020-03-18 and 2026-03-30
        peers: independent wealth managers, $1B to $5B (1,362)
      What changed
      consecutive filings, newest first
      • Accounts · 524 to 537
        Jul 22, 2025 to Mar 30, 2026
      • Corporate clients · 16 to 18
        Jul 22, 2025 to Mar 30, 2026
      • HNW clients · 237 to 244
        Jul 22, 2025 to Mar 30, 2026
      • Individual clients · 251 to 257
        Jul 22, 2025 to Mar 30, 2026
      • Pension plan clients · 15 to 13
        Jul 22, 2025 to Mar 30, 2026
      • Assets in custody · $42.2M to $92.1M
        Jul 22, 2025 to Mar 30, 2026
      • Discretionary RAUM · $1.1B to $1.3B
        Jul 22, 2025 to Mar 30, 2026
      • HNW RAUM · $941M to $1.1B
        Jul 22, 2025 to Mar 30, 2026
      • Individual RAUM · $39.3M to $39.6M
        Jul 22, 2025 to Mar 30, 2026
      • Pension RAUM · $72.3M to $76.4M
        Jul 22, 2025 to Mar 30, 2026
      • RAUM · $1.1B to $1.3B
        Jul 22, 2025 to Mar 30, 2026
      • Financial planning clients · unset to
        Mar 24, 2025 to Jul 22, 2025
      • Accounts · 481 to 524
        Mar 21, 2024 to Mar 24, 2025
      • Advisory activities · 1 to 2
        Mar 21, 2024 to Mar 24, 2025
      • Charity clients · 4 to 5
        Mar 21, 2024 to Mar 24, 2025
      • Corporate clients · 17 to 16
        Mar 21, 2024 to Mar 24, 2025
      • HNW clients · 212 to 237
        Mar 21, 2024 to Mar 24, 2025
      • Individual clients · 236 to 251
        Mar 21, 2024 to Mar 24, 2025
      • Pension plan clients · 12 to 15
        Mar 21, 2024 to Mar 24, 2025
      • Assets in custody · $439M to $42.2M
        Mar 21, 2024 to Mar 24, 2025
      • Discretionary RAUM · $959M to $1.1B
        Mar 21, 2024 to Mar 24, 2025
      • HNW RAUM · $791M to $941M
        Mar 21, 2024 to Mar 24, 2025
      • Individual RAUM · $40.3M to $39.3M
        Mar 21, 2024 to Mar 24, 2025
      • Pension RAUM · $63.2M to $72.3M
        Mar 21, 2024 to Mar 24, 2025
      • RAUM · $959M to $1.1B
        Mar 21, 2024 to Mar 24, 2025
      • Accounts · 446 to 481
        Mar 22, 2023 to Mar 21, 2024
      • Advisory activities · 2 to 1
        Mar 22, 2023 to Mar 21, 2024
      • Charity clients · 3 to 4
        Mar 22, 2023 to Mar 21, 2024
      • HNW clients · 185 to 212
        Mar 22, 2023 to Mar 21, 2024
      • Individual clients · 230 to 236
        Mar 22, 2023 to Mar 21, 2024
      • Pension plan clients · 11 to 12
        Mar 22, 2023 to Mar 21, 2024
      • Assets in custody · $32.0M to $439M
        Mar 22, 2023 to Mar 21, 2024
      • Employees · 9 to 8
        Mar 22, 2023 to Mar 21, 2024
      • Discretionary RAUM · $782M to $959M
        Mar 22, 2023 to Mar 21, 2024
      • HNW RAUM · $641M to $791M
        Mar 22, 2023 to Mar 21, 2024
      • Individual RAUM · $40.6M to $40.3M
        Mar 22, 2023 to Mar 21, 2024
      • Pension RAUM · $52.1M to $63.2M
        Mar 22, 2023 to Mar 21, 2024
      • RAUM · $782M to $959M
        Mar 22, 2023 to Mar 21, 2024
      • Accounts · 429 to 446
        Mar 23, 2022 to Mar 22, 2023
      • Corporate clients · 15 to 17
        Mar 23, 2022 to Mar 22, 2023
      Signals
      1 dated events
      • J•• A• F••••••• L•• reported RAUM $1.0B, up 29% from $786.3M (2021-03-26 to 2022-03-23)
        Mar 23, 2022 · 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 email
      i•••@j••••••.comreportedpublished by the firm, firm site, Sep 15, 2026
      Business phone
      248-740-9400reportedpublished by the firm, firm site, Sep 15, 2026
      Business phone
      248-740-9401reportedpublished by the firm, firm site, Sep 15, 2026
      Website
      j••••••.comreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      248-740-9400reportedpublic record, Form ADV, Mar 30, 2026
      Contact form
      j••••••.comreportedpublished by the firm, firm site, Sep 15, 2026
      Team page
      j••••••.comreportedpublished by the firm, firm site, Sep 15, 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
      $313Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026