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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Former SEC-registered adviser

F•••• F•••••••• A••••••• I••

Former SEC-registered adviserMuskegon, MichiganCRD 106040SEC 801-32812websiteIAPD
Latest filing Feb 12, 2025
First filing on the tape Mar 2, 2012 · 16 filings
SEC status approved since Sep 8, 1988
RAUM
$297M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
95%
$281M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
5
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
16 filings and snapshots on the tape
RAUM$297M as of Feb 12, 2025
Mar 2, 2012$94.0M then
HNW client RAUM$158M as of Feb 12, 2025
Mar 13, 2018$73.1M then
State-registered IARs (5.B.3)3 as of Feb 12, 2025
Mar 2, 20120 then
Employees (5.A)5 as of Feb 12, 2025
Mar 27, 20135 then
Private funds: no history
RAUM +12% over the last fiscal year+1.9% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Feb 12, 2025; every figure names its basis
RAUM per advisor
$98.9MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
221derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.8MderivedHNW RAUM over HNW clients
Average account
$212,187derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
5.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.7derivedItem 5.A over advisors
Advisors per office
3.0derived1 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
-0.6%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 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
  • 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$158M53%
  • Individuals$123M42%
  • Pension and profit-sharing plans$12.9M4.3%
  • Charitable organizations$2.7M0.9%
Individual clients
576reported
HNW clients
86reported
Pension plan clients
2reported
Charitable clients
6reported
Accounts
1,398reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 days3 left over 36 months
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • L•••• E•••• M••• · Chief Compliance Officer / Stockholdercontrol
      since 12/2001 · owns 25% to 50%
    • M•••••••• J••••• A••••• · Secretary / Chief Operations Officer / Stockholdercontrol
      since 01/2010 · owns 25% to 50%
    • T•••••••• A••••••• G• · President / Treasurer / Stockholdercontrol
      since 01/2010 · owns 25% to 50%
    Related persons
    Schedule D 7.A
    • A•••••• G• T•••••••
      insurancen
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Muskegon, Mi · principal001
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 1,386 to 1,398
      Mar 5, 2024 to Feb 12, 2025
    • HNW clients · 62 to 86
      Mar 5, 2024 to Feb 12, 2025
    • Individual clients · 604 to 576
      Mar 5, 2024 to Feb 12, 2025
    • Pension plan clients · unset to 2.0
      Mar 5, 2024 to Feb 12, 2025
    • Financial planning clients · 101-250 to 101-250
      Mar 5, 2024 to Feb 12, 2025
    • Discretionary RAUM · $266M to $297M
      Mar 5, 2024 to Feb 12, 2025
    • HNW RAUM · $136M to $158M
      Mar 5, 2024 to Feb 12, 2025
    • Individual RAUM · $127M to $123M
      Mar 5, 2024 to Feb 12, 2025
    • Pension RAUM · unset to 12869671.0
      Mar 5, 2024 to Feb 12, 2025
    • RAUM · $266M to $297M
      Mar 5, 2024 to Feb 12, 2025
    • Accounts · 1,353 to 1,386
      Feb 24, 2023 to Mar 5, 2024
    • Discretionary RAUM · $233M to $266M
      Feb 24, 2023 to Mar 5, 2024
    • HNW RAUM · $106M to $136M
      Feb 24, 2023 to Mar 5, 2024
    • Individual RAUM · $124M to $127M
      Feb 24, 2023 to Mar 5, 2024
    • RAUM · $233M to $266M
      Feb 24, 2023 to Mar 5, 2024
    • Accounts · 1,585 to 1,353
      Feb 4, 2022 to Feb 24, 2023
    • Charity clients · 3 to 6
      Feb 4, 2022 to Feb 24, 2023
    • HNW clients · 70 to 62
      Feb 4, 2022 to Feb 24, 2023
    • Individual clients · 575 to 604
      Feb 4, 2022 to Feb 24, 2023
    • Discretionary RAUM · $281M to $233M
      Feb 4, 2022 to Feb 24, 2023
    • HNW RAUM · $150M to $106M
      Feb 4, 2022 to Feb 24, 2023
    • Individual RAUM · $129M to $124M
      Feb 4, 2022 to Feb 24, 2023
    • RAUM · $281M to $233M
      Feb 4, 2022 to Feb 24, 2023
    • Accounts · 1,287 to 1,585
      Mar 8, 2021 to Feb 4, 2022
    • HNW clients · 65 to 70
      Mar 8, 2021 to Feb 4, 2022
    • Individual clients · 440 to 575
      Mar 8, 2021 to Feb 4, 2022
    • Discretionary RAUM · $239M to $281M
      Mar 8, 2021 to Feb 4, 2022
    • HNW RAUM · $115M to $150M
      Mar 8, 2021 to Feb 4, 2022
    • Individual RAUM · $122M to $129M
      Mar 8, 2021 to Feb 4, 2022
    • RAUM · $239M to $281M
      Mar 8, 2021 to Feb 4, 2022
    • Accounts · 1,232 to 1,287
      May 21, 2020 to Mar 8, 2021
    • Charity clients · 4 to 3
      May 21, 2020 to Mar 8, 2021
    • HNW clients · 51 to 65
      May 21, 2020 to Mar 8, 2021
    • Individual clients · 438 to 440
      May 21, 2020 to Mar 8, 2021
    • Discretionary RAUM · $201M to $239M
      May 21, 2020 to Mar 8, 2021
    • HNW RAUM · $88.0M to $115M
      May 21, 2020 to Mar 8, 2021
    • Individual RAUM · $112M to $122M
      May 21, 2020 to Mar 8, 2021
    • RAUM · $201M to $239M
      May 21, 2020 to Mar 8, 2021
    • Accounts · 1,109 to 1,232
      Jan 17, 2019 to Feb 26, 2020
    • HNW clients · 44 to 51
      Jan 17, 2019 to Feb 26, 2020
    Signals
    5 dated events
    • F•••• F•••••••• A••••••• I•• no longer on the SEC adviser roster (last listed 2025-09-02, RAUM $296.6M)
      Dec 20, 2025 · Left the SEC roster · derived
    • E••• M••• L••• left F•••• F•••••••• A••••••• I•• for C••••• P••••••• P••••••• (registered 2025-08-14)
      Sep 18, 2025 · Advisor changed firm · fact
    • A•••••• G• T••••••• left F•••• F•••••••• A••••••• I•• for C••••• P••••••• P••••••• (registered 2025-08-14)
      Sep 9, 2025 · Advisor changed firm · fact
    • J•••• A••••• M••••••• left F•••• F•••••••• A••••••• I•• for C••••• P••••••• P••••••• (registered 2025-08-14)
      Sep 9, 2025 · Advisor changed firm · fact
    • F•••• F•••••••• A••••••• I••'s advisors moved to C••••• P••••••• P••••••• (Muskegon, MI): 3 of 3 registered, within 9 days
      Sep 9, 2025 · Firm absorbed (people side) · derived
    Across DFX
    shared identifiers only, never a name match
    No identifier-backed link to the venture, private equity, family office or sponsor graphs.
    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
    Former SEC-registered adviserderiveda 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