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

W•• I••••••••• L••

Independent wealth managerRed Bank, New JerseyCRD 106336SEC 801-22873websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Mar 28, 2012 · 62 filings
SEC status approved since Mar 12, 1985
RAUM
$540M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
51%
$277M individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$89.9M
derived; firm RAUM over IAPD count
Employees
13
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
62 filings and snapshots on the tape
RAUM$540M as of Mar 31, 2026
Mar 28, 2012$1.1B then
HNW client RAUM$130M as of Mar 31, 2026
Mar 29, 2018$130M then
State-registered IARs (5.B.3)2 as of Mar 31, 2026
Mar 25, 201330 then
Employees (5.A)13 as of Mar 31, 2026
Mar 25, 201351 then
Private funds: no history
RAUM -2.4% over the last fiscal year-2.5% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 31, 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
$89.9MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
127derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.2MderivedHNW RAUM over HNW clients
Average account
$351,969derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.2derivedItem 5.A over advisors
Advisors per office
6.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-2.4%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+6.6%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for investment companies, selection of other advisers, publications, educational seminarsreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
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
  • is an insurance broker or agent (6.A.6)
  • 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$147M35%
  • Investment companies$141M33%
  • High-net-worth individuals$130M31%
  • Pension and profit-sharing plans$2.9M0.7%
  • Corporations and businesses$2.8M0.7%
  • Charitable organizations$1.3M0.3%
  • Pooled investment vehicles$159,5750.0%
Individual clients
701reported
HNW clients
58reported
Pension plan clients
2reported
Charitable clients
4reported
Accounts
1,533reported
Financial planning clients
reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.51 fund_share=0.26 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
6 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
D••••• R••••• S••••••••Certified Financial PlannerRed Bank, NjMay 4, 200642 y1
R••••• J••••• C•••••••••Certified Financial PlannerBrooklyn, Ny Sep 12, 200632 y2
M•••••• E••• S••••••••Red Bank, Nj Nov 22, 200817 y0
R••••• D••••• M•••••Red Bank, NjJan 3, 201939 y0
W•••••• T• G•••••Red Bank, NjJan 1, 202620 y0
J•••• T••••••••Red Bank, NjJan 1, 202617 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
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • H••••••••• E•••• R•••••• · Chief T•••Nology Officercontrol
    since 02/2012 · owns less than 5%
  • S••••••••• A••• H•••• · Secretary, Chief Marketing Officercontrol
    since 01/2012 · owns less than 5%
  • S••••••••• D•••••• R••••• · Co-Ceo, Co-Cio, Co-Portfolio Manager, Cco, And Treasurercontrol
    since 09/1984 · owns less than 5%
  • S••••••••• M••••••• E••• · Co-Ceo, Co-Cio, And Co-Portfolio Managercontrol
    since 05/2013 · owns less than 5%
  • S••••••••• D•••••• R••••• · Sole Ownercontrol
    since 06/2023 · owns 75% or more of W•• H•••••• I•••
Entity owners
  • W•• T••• H•••••••• L•• · Member
    direct · owns 75% or more
  • W•• H•••••• I••• · Sole Owner
    indirect · owns 75% or more of W•• T••• H•••••••• L••
Related persons
Schedule D 7.A
Advisers that list W•• I••••••••• L•• as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Red Bank, Nj · principal620
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 1,328 to 1,533
    May 30, 2025 to Mar 31, 2026
  • Charity clients · 7 to 4
    May 30, 2025 to Mar 31, 2026
  • Corporate clients · 6 to 3
    May 30, 2025 to Mar 31, 2026
  • HNW clients · 53 to 58
    May 30, 2025 to Mar 31, 2026
  • Individual clients · 659 to 701
    May 30, 2025 to Mar 31, 2026
  • Pension plan clients · 1 to 2
    May 30, 2025 to Mar 31, 2026
  • Discretionary RAUM · $553M to $540M
    May 30, 2025 to Mar 31, 2026
  • HNW RAUM · $112M to $130M
    May 30, 2025 to Mar 31, 2026
  • Individual RAUM · $141M to $147M
    May 30, 2025 to Mar 31, 2026
  • Pension RAUM · $2.6M to $2.9M
    May 30, 2025 to Mar 31, 2026
  • Pooled vehicle RAUM · $158,205 to $159,575
    May 30, 2025 to Mar 31, 2026
  • RAUM · $553M to $540M
    May 30, 2025 to Mar 31, 2026
  • Wrap assets (manager) · $43.0M to $0
    May 30, 2025 to Mar 31, 2026
  • Financial planning clients · unset to
    Apr 1, 2025 to May 30, 2025
  • Accounts · 1,491 to 1,328
    Jul 8, 2024 to Apr 1, 2025
  • Advisory employees · 9 to 5
    Jul 8, 2024 to Apr 1, 2025
  • Charity clients · 6 to 7
    Jul 8, 2024 to Apr 1, 2025
  • Corporate clients · 5 to 6
    Jul 8, 2024 to Apr 1, 2025
  • HNW clients · 63 to 53
    Jul 8, 2024 to Apr 1, 2025
  • Individual clients · 838 to 659
    Jul 8, 2024 to Apr 1, 2025
  • Pooled vehicle clients · 2 to 1
    Jul 8, 2024 to Apr 1, 2025
  • Employees · 19 to 13
    Jul 8, 2024 to Apr 1, 2025
  • Insurance-licensed employees · 3 to 2
    Jul 8, 2024 to Apr 1, 2025
  • State-registered IARs · 7 to 2
    Jul 8, 2024 to Apr 1, 2025
  • Discretionary RAUM · $527M to $553M
    Jul 8, 2024 to Apr 1, 2025
  • HNW RAUM · $148M to $112M
    Jul 8, 2024 to Apr 1, 2025
  • Individual RAUM · $178M to $141M
    Jul 8, 2024 to Apr 1, 2025
  • Pension RAUM · $2.2M to $2.6M
    Jul 8, 2024 to Apr 1, 2025
  • Pooled vehicle RAUM · $3.8M to $158,205
    Jul 8, 2024 to Apr 1, 2025
  • RAUM · $527M to $553M
    Jul 8, 2024 to Apr 1, 2025
  • Wrap assets (manager) · $58.3M to $43.0M
    Jul 8, 2024 to Apr 1, 2025
  • Accounts · 1,569 to 1,491
    Sep 20, 2023 to Mar 29, 2024
  • Advisory employees · 10 to 9
    Sep 20, 2023 to Mar 29, 2024
  • Charity clients · 8 to 6
    Sep 20, 2023 to Mar 29, 2024
  • HNW clients · 66 to 63
    Sep 20, 2023 to Mar 29, 2024
  • Individual clients · 957 to 838
    Sep 20, 2023 to Mar 29, 2024
  • Pension plan clients · 2 to 1
    Sep 20, 2023 to Mar 29, 2024
  • Pooled vehicle clients · 3 to 2
    Sep 20, 2023 to Mar 29, 2024
  • Employees · 22 to 19
    Sep 20, 2023 to Mar 29, 2024
  • Discretionary RAUM · $582M to $527M
    Sep 20, 2023 to Mar 29, 2024
Signals
21 dated events
  • R••••• Confessore (Vice President) no longer on Schedule A of W•• I••••••••• L•• (listed 2024-03-29, absent 2024-07-08)
    Jul 8, 2024 · Control person left · inference
  • A Steven Van Solkema (President, Chief Investment Officer And Co-Portfolio Manager) no longer on Schedule A of W•• I••••••••• L•• (listed 2024-03-29, absent 2024-07-08)
    Jul 8, 2024 · Control person left · inference
  • Nicole Dina Schindler (Chief Compliance Officer) no longer on Schedule A of W•• I••••••••• L•• (listed 2024-03-29, absent 2024-07-08)
    Jul 8, 2024 · Control person left · inference
  • F•••••••• S•••• K••••• (Chief Operating Officer) no longer on Schedule A of W•• I••••••••• L•• (listed 2023-03-31, absent 2023-09-20)
    Sep 20, 2023 · Control person left · inference
  • Francis Kevin Murphy (Chief Compliance Officer & General Counsel) no longer on Schedule A of W•• I••••••••• L•• (listed 2023-03-31, absent 2023-09-20)
    Sep 20, 2023 · Control person left · inference
  • Nicole Dina Schindler (Chief Compliance Officer) appeared on Schedule A of W•• I••••••••• L••
    Sep 20, 2023 · Control person joined · fact
  • W•• I••••••••• I••• reported succeeding to the business of Another Adviser (Form ADV Item 4)
    Mar 7, 2023 · Succession (Item 4) · fact
  • W•• I••••••••• L•• reported RAUM $662.8M, up 30% from $509.9M (2022-02-07 to 2022-03-21)
    Mar 21, 2022 · RAUM change · derived
  • W•• I••••••••• L•• reported RAUM $538.3M, down 30% from $772.0M (2020-12-22 to 2021-03-31)
    Mar 31, 2021 · RAUM change · derived
  • Russell Walter Costenbader (Chief Compliance Officer) no longer on Schedule A of W•• I••••••••• L•• (listed 2020-11-19, absent 2020-12-22)
    Dec 22, 2020 · Control person left · inference
  • Francis Kevin Murphy (Chief Compliance Officer & General Counsel) appeared on Schedule A of W•• I••••••••• L••
    Dec 22, 2020 · Control person joined · fact
  • Renee Alyson Kest (Chief Compliance Officer & Counsel) no longer on Schedule A of W•• I••••••••• L•• (listed 2020-08-21, absent 2020-10-02)
    Oct 2, 2020 · Control person left · inference
  • Russell Walter Costenbader (Chief Compliance Officer) appeared on Schedule A of W•• I••••••••• L••
    Oct 2, 2020 · Control person joined · fact
  • W•• I••••••••• L•• reported RAUM $772.0M, down 39% from $1.3B (2019-09-18 to 2020-03-30)
    Mar 30, 2020 · RAUM change · derived
  • Michael Tracey Crespo (Chief Operating Officer) no longer on Schedule A of W•• I••••••••• L•• (listed 2019-09-18, absent 2020-03-30)
    Mar 30, 2020 · Control person left · inference
  • F•••••••• S•••• K••••• (Chief Operating Officer) appeared on Schedule A of W•• I••••••••• L••
    Mar 30, 2020 · Control person joined · fact
  • J•••• Matthew Bromberg (General Counsel) no longer on Schedule A of W•• I••••••••• L•• (listed 2019-08-07, absent 2019-09-18)
    Sep 18, 2019 · Control person left · inference
  • Renee Alyson Kest (Chief Compliance Officer & Counsel) appeared on Schedule A of W•• I••••••••• L••
    Aug 7, 2019 · Control person joined · fact
  • Rose Cynthia Bonna (Chief Compliance Officer) no longer on Schedule A of W•• I••••••••• L•• (listed 2019-03-13, absent 2019-08-07)
    Aug 7, 2019 · Control person left · inference
  • A Steven Van Solkema (Vice President & Chief Investment Officer) appeared on Schedule A of W•• I••••••••• L••
    Mar 13, 2019 · Control person joined · fact
  • Edward Gary Stroik (Vice President & Chief Investment Officer) no longer on Schedule A of W•• I••••••••• L•• (listed 2018-07-18, absent 2019-03-13)
    Mar 13, 2019 · Control person left · inference
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 phone
800-772-5810reportedpublished by the firm, firm site, Sep 17, 2026
Firm profile
linkedin.com/company/wbi-sharesreportedpublic record, Form ADV, Sep 18, 2026
Firm profile
linkedin.com/company/cyborgtechreportedpublic record, Form ADV, Sep 18, 2026
Website
wbietfs.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
732-842-4920reportedpublic record, Form ADV, Mar 31, 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
$89.9Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026