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

Wfa Asset Management Corp

Former SEC-registered adviserWhitefish Bay, WisconsinCRD 106102SEC 801-44808websiteIAPD
Latest filing Mar 24, 2025
First filing on the tape Mar 2, 2012 · 33 filings
SEC status approved since Oct 27, 1993
RAUM
$439M
reported, Item 5.F
Discretionary
97%
of RAUM
Private clients
100%
$438M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
8
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
33 filings and snapshots on the tape
RAUM$439M as of Mar 24, 2025
Mar 2, 2012$140M then
HNW client RAUM$289M as of Mar 24, 2025
Mar 28, 2018$107M then
State-registered IARs (5.B.3)4 as of Mar 24, 2025
Mar 2, 20120 then
Employees (5.A)8 as of Mar 24, 2025
Feb 11, 20135 then
Private funds: no history
RAUM +18% over the last fiscal year+9.9% a year over threeIARs 5 to 4
Practice profile
derived from the filing of Mar 24, 2025; every figure names its basis
RAUM per advisor
$110MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
118derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.6MderivedHNW RAUM over HNW clients
Average account
$303,618derivedRAUM over accounts (5.F.2.f)
Discretionary
97%derivedof RAUM
Institutional
0.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+18%derivedbetween the last two annual amendments
Advisor growth, one year
-20%derivedItem 5.B.3 between annual amendments
Client growth, one year
+2.8%derived
Compensation
percentage of assets, hourlyreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, otherreportedItem 5.G
Custody
$96.0M, 174 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)
  • 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$289M66%
  • Individuals$148M34%
  • Pension and profit-sharing plans$1.1M0.2%
Individual clients
360reported
HNW clients
111reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
1,447reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
$96.0M for 174 clientsreported
Compensation
% of AUM, 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
5 left, 0 joined in 12 months
net -5 in 12 months0 left in 90 days0 joined in 90 days6 left over 36 months
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
    • Marilou Davido · Vice President And Chief Compliance Officercontrol
      since 01/2018 · owns 10% to 25%
    • Nicholas Enea · Presidentcontrol
      since 07/1993 · 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
    Whitefish Bay, Wi · principal005
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 1,395 to 1,447
      Sep 9, 2024 to Mar 24, 2025
    • Advisory employees · 5 to 4
      Sep 9, 2024 to Mar 24, 2025
    • HNW clients · 100 to 111
      Sep 9, 2024 to Mar 24, 2025
    • Individual clients · 358 to 360
      Sep 9, 2024 to Mar 24, 2025
    • Assets in custody · $147M to $96.0M
      Sep 9, 2024 to Mar 24, 2025
    • Financial planning clients · 251-500 to 251-500
      Sep 9, 2024 to Mar 24, 2025
    • State-registered IARs · 5 to 4
      Sep 9, 2024 to Mar 24, 2025
    • Discretionary RAUM · $360M to $425M
      Sep 9, 2024 to Mar 24, 2025
    • HNW RAUM · $232M to $289M
      Sep 9, 2024 to Mar 24, 2025
    • Individual RAUM · $140M to $148M
      Sep 9, 2024 to Mar 24, 2025
    • Non-discretionary RAUM · $13.8M to $14.5M
      Sep 9, 2024 to Mar 24, 2025
    • Pension RAUM · unset to 1068495.0
      Sep 9, 2024 to Mar 24, 2025
    • RAUM · $374M to $439M
      Sep 9, 2024 to Mar 24, 2025
    • Accounts · 465 to 1,395
      Nov 8, 2023 to Mar 28, 2024
    • Advisory employees · 3 to 5
      Nov 8, 2023 to Mar 28, 2024
    • HNW clients · 82 to 100
      Nov 8, 2023 to Mar 28, 2024
    • Individual clients · 381 to 358
      Nov 8, 2023 to Mar 28, 2024
    • Assets in custody · $135M to $147M
      Nov 8, 2023 to Mar 28, 2024
    • State-registered IARs · 3 to 5
      Nov 8, 2023 to Mar 28, 2024
    • Discretionary RAUM · $297M to $360M
      Nov 8, 2023 to Mar 28, 2024
    • HNW RAUM · $171M to $232M
      Nov 8, 2023 to Mar 28, 2024
    • Individual RAUM · $141M to $140M
      Nov 8, 2023 to Mar 28, 2024
    • Non-discretionary RAUM · $16.2M to $13.8M
      Nov 8, 2023 to Mar 28, 2024
    • RAUM · $313M to $374M
      Nov 8, 2023 to Mar 28, 2024
    • Employees · 7 to 8
      Mar 24, 2023 to Nov 8, 2023
    • Accounts · 436 to 465
      Apr 7, 2022 to Mar 24, 2023
    • HNW clients · 90 to 82
      Apr 7, 2022 to Mar 24, 2023
    • Individual clients · 344 to 381
      Apr 7, 2022 to Mar 24, 2023
    • Assets in custody · $142M to $135M
      Apr 7, 2022 to Mar 24, 2023
    • Employees · 8 to 7
      Apr 7, 2022 to Mar 24, 2023
    • Discretionary RAUM · $311M to $297M
      Apr 7, 2022 to Mar 24, 2023
    • HNW RAUM · $191M to $171M
      Apr 7, 2022 to Mar 24, 2023
    • Individual RAUM · $138M to $141M
      Apr 7, 2022 to Mar 24, 2023
    • Non-discretionary RAUM · $19.3M to $16.2M
      Apr 7, 2022 to Mar 24, 2023
    • RAUM · $331M to $313M
      Apr 7, 2022 to Mar 24, 2023
    • Accounts · 430 to 436
      Apr 30, 2021 to Mar 28, 2022
    • HNW clients · 84 to 90
      Apr 30, 2021 to Mar 28, 2022
    • Individual clients · 346 to 344
      Apr 30, 2021 to Mar 28, 2022
    • Assets in custody · $99.1M to $142M
      Apr 30, 2021 to Mar 28, 2022
    • Discretionary RAUM · $272M to $311M
      Apr 30, 2021 to Mar 28, 2022
    Signals
    8 dated events
    • Wfa Asset Management Corp no longer on the SEC adviser roster (last listed 2025-12-20, RAUM $439.3M)
      Jan 2, 2026 · Left the SEC roster · derived
    • Russell Joseph Enea left Wfa Asset Management Corp for Annex Wealth Management, Llc (registered 2025-11-13)
      Dec 4, 2025 · Advisor changed firm · fact
    • Wfa Asset Management Corp's advisors moved to Annex Wealth Management, LLC (Whitefish Bay, WI): 5 of 5 registered, on the same day
      Dec 4, 2025 · Firm absorbed (people side) · derived
    • Marilou Davido left Wfa Asset Management Corp for Annex Wealth Management, Llc (registered 2025-11-13)
      Dec 4, 2025 · Advisor changed firm · fact
    • Jake Robert Janicek left Wfa Asset Management Corp for Annex Wealth Management, Llc (registered 2025-11-13)
      Dec 4, 2025 · Advisor changed firm · fact
    • Ryan Jeffrey Komas left Wfa Asset Management Corp for Annex Wealth Management, Llc (registered 2025-11-13)
      Dec 4, 2025 · Advisor changed firm · fact
    • Nicholas Enea left Wfa Asset Management Corp for Annex Wealth Management, Llc (registered 2025-11-13)
      Dec 4, 2025 · Advisor changed firm · fact
    • Michael James Tyler left Wfa Asset Management Corp for Wealthspire Advisors (registered 2024-09-11)
      Aug 23, 2024 · Advisor changed firm · fact
    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