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

M••••• M•••• M••••••••• I••

Independent wealth managerNorthbrook, IllinoisCRD 105974SEC 801-34323websiteIAPD
Latest filing Sep 2, 2026
First filing on the tape Feb 21, 2012 · 36 filings
SEC status approved since Apr 24, 1989
RAUM
$317M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
98%
$311M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$79.3M
derived; firm RAUM over IAPD count
Employees
7
4 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
36 filings and snapshots on the tape
RAUM$317M as of Jul 23, 2026
Feb 21, 2012$110M then
HNW client RAUM$263M as of Jul 23, 2026
Mar 6, 2018$124M then
State-registered IARs (5.B.3)4 as of Jul 23, 2026
Feb 22, 20132 then
Employees (5.A)7 as of Jul 23, 2026
Feb 22, 20132 then
Private funds: no history
RAUM +5.3% over the last fiscal year+6.3% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Sep 2, 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
RAUM per advisor
$79.3MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
53derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.5MderivedHNW RAUM over HNW clients
Average account
$502,517derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.8derivedItem 5.A over advisors
Advisors per office
2.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+5.3%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-3.2%derived
Compensation
percentage of assets, hourly, fixed fees, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 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)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$263M83%
  • Individuals$48.0M15%
  • Corporations and businesses$4.3M1.4%
  • Pension and profit-sharing plans$1.2M0.4%
  • Charitable organizations$500,7320.2%
Individual clients
135reported
HNW clients
76reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
631reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.98 fund_share=0.0 institutional_share=0.01 related_bd= related_bank= bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
B•••• M•••• M•••••Chartered Financial AnalystNorthbrook, IlOct 10, 199737 y1
B•••••• A••• M•••••Certified Financial PlannerNorthbrook, Il Mar 1, 201812 y0
M••• B•••••• B••••Chartered Financial AnalystNorthbrook, IlApr 21, 202234 y2
A•••••••• M•••••• W•••••••Northbrook, IlJun 28, 202311 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
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • M•••••• B••••• M•••• · President And Chief Investment Officercontrol
      since 03/1989 · owns less than 5%
    • M•••••• B••••••• A••• · Chief Compliance Officer Vice President And Wealth Advisorcontrol
      since 03/2020 · 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
    Northbrook, Il · principal400
    Offices
    Schedule D 1.F, the 25 largest
    • , 1 employees
    ADV anomalies
    1 against comparable advisers; where to look, not conclusions
    • account count surgeChange between filings · filing Mar 10, 2026
      accounts (Item 5.F.2.f) moved from 222.0 to 631.0 (+184.0%) between the annual amendments of 2025-04-17 and 2026-03-10; the peer median change was +5.0% (3687 comparable advisers, 99.0th percentile of changes)
      peers: independent wealth managers, $100M to $500M (3,687) · 99% percentile
    What changed
    consecutive filings, newest first
    • Financial planning clients · 101-250 to 101-250
      Jul 23, 2026 to Sep 2, 2026
    • Related adviser · false to unset
      Jul 23, 2026 to Sep 2, 2026
    • Related bank · false to unset
      Jul 23, 2026 to Sep 2, 2026
    • Related broker-dealer · false to unset
      Jul 23, 2026 to Sep 2, 2026
    • Related insurance company · false to unset
      Jul 23, 2026 to Sep 2, 2026
    • Succession · false to unset
      Jul 23, 2026 to Sep 2, 2026
    • Accounts · 222 to 631
      Aug 12, 2025 to Mar 10, 2026
    • HNW clients · 80 to 76
      Aug 12, 2025 to Mar 10, 2026
    • Individual clients · 138 to 135
      Aug 12, 2025 to Mar 10, 2026
    • Discretionary RAUM · $301M to $317M
      Aug 12, 2025 to Mar 10, 2026
    • HNW RAUM · $252M to $263M
      Aug 12, 2025 to Mar 10, 2026
    • Individual RAUM · $43.3M to $48.0M
      Aug 12, 2025 to Mar 10, 2026
    • Pension RAUM · $878,200 to $1.2M
      Aug 12, 2025 to Mar 10, 2026
    • RAUM · $301M to $317M
      Aug 12, 2025 to Mar 10, 2026
    • Financial planning clients · 101-250 to 101-250
      Feb 27, 2025 to Apr 17, 2025
    • HNW clients · 73 to 80
      Mar 20, 2024 to Feb 27, 2025
    • Individual clients · 142 to 138
      Mar 20, 2024 to Feb 27, 2025
    • Employees · 6 to 7
      Mar 20, 2024 to Feb 27, 2025
    • Discretionary RAUM · $296M to $301M
      Mar 20, 2024 to Feb 27, 2025
    • HNW RAUM · $244M to $252M
      Mar 20, 2024 to Feb 27, 2025
    • Individual RAUM · $44.9M to $43.3M
      Mar 20, 2024 to Feb 27, 2025
    • Pension RAUM · $3.1M to $878,200
      Mar 20, 2024 to Feb 27, 2025
    • RAUM · $296M to $301M
      Mar 20, 2024 to Feb 27, 2025
    • Accounts · 212 to 222
      Nov 30, 2023 to Mar 20, 2024
    • HNW clients · 77 to 73
      Nov 30, 2023 to Mar 20, 2024
    • Individual clients · 126 to 142
      Nov 30, 2023 to Mar 20, 2024
    • Discretionary RAUM · $264M to $296M
      Nov 30, 2023 to Mar 20, 2024
    • HNW RAUM · $220M to $244M
      Nov 30, 2023 to Mar 20, 2024
    • Individual RAUM · $34.4M to $44.9M
      Nov 30, 2023 to Mar 20, 2024
    • Pension RAUM · $3.4M to $3.1M
      Nov 30, 2023 to Mar 20, 2024
    • RAUM · $264M to $296M
      Nov 30, 2023 to Mar 20, 2024
    • Other offices · 0 to 1
      Jul 24, 2023 to Sep 28, 2023
    • Advisory employees · 3 to 4
      Jul 6, 2023 to Jul 24, 2023
    • State-registered IARs · 3 to 4
      Jul 6, 2023 to Jul 24, 2023
    • Accounts · 169 to 212
      Aug 22, 2022 to Mar 16, 2023
    • Advisory employees · 2 to 3
      Aug 22, 2022 to Mar 16, 2023
    • HNW clients · 55 to 77
      Aug 22, 2022 to Mar 16, 2023
    • Individual clients · 105 to 126
      Aug 22, 2022 to Mar 16, 2023
    • Employees · 4 to 6
      Aug 22, 2022 to Mar 16, 2023
    • State-registered IARs · 2 to 3
      Aug 22, 2022 to Mar 16, 2023
    Signals
    1 dated events
    • A B•••••• M••••• (Vice President And Wealth Advisor) appeared on Schedule A of M••••• M•••• M••••••••• I••
      Mar 29, 2020 · Control person joined · 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 email
    info@mendelmoney.comreportedpublished by the firm, firm site, Sep 15, 2026
    Business phone
    847-564-0970reportedpublished by the firm, firm site, Sep 15, 2026
    Firm profile
    linkedin.com/company/mendel-money-managementreportedpublic record, Form ADV, Sep 18, 2026
    Website
    mendelmoney.comreportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    (847) 564-0970reportedpublic record, Form ADV, Sep 2, 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
    $79.3Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026