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.

Former SEC-registered adviser

Shine Wealth Partners

Former SEC-registered adviserLone Tree, ColoradoCRD 106097SEC 801-50526IAPD
Legal name Shine Investment Advisory Services, Inc.
Latest filing Nov 17, 2020
First filing on the tape Mar 6, 2012 · 14 filings
RAUM
$721M
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
99%
$713M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
6
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
14 filings and snapshots on the tape
RAUM$721M as of Jan 30, 2020
Mar 6, 2012$410M then
HNW client RAUM$626M as of Jan 30, 2020
Jan 19, 2018$547M then
State-registered IARs (5.B.3)6 as of Jan 30, 2020
Feb 15, 20130 then
Employees (5.A)6 as of Jan 30, 2020
Feb 15, 20137 then
Private funds: no history
RAUM +21% over the last fiscal year+10% a year over threeIARs 6 to 6
Practice profile
derived from the filing of Nov 17, 2020; every figure names its basis
RAUM per advisor
$120MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
54derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.7MderivedHNW RAUM over HNW clients
Average account
$462,480derivedRAUM over accounts (5.F.2.f)
Discretionary
99%derivedof RAUM
Institutional
1.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
6.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+21%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+1.3%derived
Compensation
percentage of assets, fixed fees, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisersreportedItem 5.G
Custody
$587M, 1,308 clientsreportedItem 9.A
Ownership
controlled by a public reporting companyderived
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)
  • controlled by a public reporting company (10.A)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$626M87%
  • Individuals$86.9M12%
  • Charitable organizations$7.8M1.1%
Individual clients
154reported
HNW clients
168reported
Pension plan clients
n/areported
Charitable clients
5reported
Accounts
1,558reported
Financial planning clients
11-25reported
Wrap fee programs
noreported
Custody of client assets
$587M for 1,308 clientsreported
Compensation
% of AUM, fixedreported
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
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Frances Beth Cornell · Cco, Principalcontrol
      since 01/2018 · owns 5% to 10%
    • K. Karen Salvatore · President, Principalcontrol
      since 10/2013 · owns 25% to 50%
    • Ann Judith Shine · Ceo, Principalcontrol
      since 10/1995 · owns 50% to 75%
    • Loeb Elisabeth Jacobson · Principal
      since 02/2020 · owns 5% to 10%
    Related persons
    Schedule D 7.A
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Related adviser · false to true
      Jun 23, 2020 to Nov 17, 2020
    • Related broker-dealer · false to true
      Jun 23, 2020 to Nov 17, 2020
    • Business name · SHINE INVESTMENT ADVISORY SERVICES INC to SHINE WEALTH PARTNERS
      Jan 30, 2020 to Jun 23, 2020
    • Accounts · 1,462 to 1,558
      Feb 15, 2019 to Jan 30, 2020
    • Advisory activities · 4 to 3
      Feb 15, 2019 to Jan 30, 2020
    • HNW clients · 185 to 168
      Feb 15, 2019 to Jan 30, 2020
    • Individual clients · 133 to 154
      Feb 15, 2019 to Jan 30, 2020
    • Employees · 7 to 6
      Feb 15, 2019 to Jan 30, 2020
    • Financial planning clients · 251-500 to 11-25
      Feb 15, 2019 to Jan 30, 2020
    • Discretionary RAUM · $587M to $713M
      Feb 15, 2019 to Jan 30, 2020
    • HNW RAUM · $535M to $626M
      Feb 15, 2019 to Jan 30, 2020
    • Individual RAUM · $50.4M to $86.9M
      Feb 15, 2019 to Jan 30, 2020
    • Non-discretionary RAUM · $7.1M to $7.7M
      Feb 15, 2019 to Jan 30, 2020
    • RAUM · $594M to $721M
      Feb 15, 2019 to Jan 30, 2020
    • Accounts · 1,362 to 1,462
      Apr 10, 2018 to Feb 15, 2019
    • Advisory employees · 5 to 6
      Apr 10, 2018 to Feb 15, 2019
    • HNW clients · 184 to 185
      Apr 10, 2018 to Feb 15, 2019
    • Individual clients · 146 to 133
      Apr 10, 2018 to Feb 15, 2019
    • Assets in custody · $624M to $587M
      Apr 10, 2018 to Feb 15, 2019
    • State-registered IARs · 0 to 6
      Apr 10, 2018 to Feb 15, 2019
    • Discretionary RAUM · $624M to $587M
      Apr 10, 2018 to Feb 15, 2019
    • HNW RAUM · $547M to $535M
      Apr 10, 2018 to Feb 15, 2019
    • Individual RAUM · $76.4M to $50.4M
      Apr 10, 2018 to Feb 15, 2019
    • Non-discretionary RAUM · $9.0M to $7.1M
      Apr 10, 2018 to Feb 15, 2019
    • RAUM · $633M to $594M
      Apr 10, 2018 to Feb 15, 2019
    • Assets in custody · unset to 623870973.0
      Jan 19, 2018 to Apr 10, 2018
    • Custody of client assets · false to true
      Jan 19, 2018 to Apr 10, 2018
    • Accounts · 1,241 to 1,362
      Feb 15, 2017 to Jan 19, 2018
    • Advisory activities · 3 to 4
      Feb 15, 2017 to Jan 19, 2018
    • Charity clients · unset to 5.0
      Feb 15, 2017 to Jan 19, 2018
    • HNW clients · unset to 184.0
      Feb 15, 2017 to Jan 19, 2018
    • Individual clients · unset to 146.0
      Feb 15, 2017 to Jan 19, 2018
    • Other offices · unset to 0.0
      Feb 15, 2017 to Jan 19, 2018
    • Discretionary RAUM · $526M to $624M
      Feb 15, 2017 to Jan 19, 2018
    • HNW RAUM · unset to 547061810.0
      Feb 15, 2017 to Jan 19, 2018
    • Individual RAUM · unset to 76414643.0
      Feb 15, 2017 to Jan 19, 2018
    • Non-discretionary RAUM · $8.1M to $9.0M
      Feb 15, 2017 to Jan 19, 2018
    • RAUM · $534M to $633M
      Feb 15, 2017 to Jan 19, 2018
    • Accounts · 1,249 to 1,241
      Feb 11, 2016 to Feb 15, 2017
    • Employees · 8 to 7
      Feb 11, 2016 to Feb 15, 2017
    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.
    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