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

N•••••• C•••••• M••••••••• I••

Former SEC-registered adviserCRD 106451SEC 801-39734IAPD
Latest filing Feb 1, 2022
First filing on the tape Feb 7, 2012 · 26 filings
RAUM
$30.0M
reported, Item 5.F
Discretionary
73%
of RAUM
Private clients
100%
$30.0M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
4
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$30.0M as of Feb 1, 2022
Feb 7, 2012$542M then
HNW client RAUM$1.7M as of Mar 27, 2020
Mar 23, 2018$5.4M then
State-registered IARs (5.B.3)0 as of Feb 1, 2022
Mar 28, 20130 then
Employees (5.A)4 as of Feb 1, 2022
Mar 28, 201312 then
Private funds: no history
RAUM -10% over the last fiscal year-45% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Feb 1, 2022; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$215,754derivedRAUM over accounts (5.F.2.f)
Discretionary
73%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
-10%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individualsreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$30.0M100%
Individual clients
119reported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
139reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • N••••••• D•••••• W••••• · Presidentcontrol
    since 02/1994 · owns 75% or more
  • W••••••••• T••••• D••• · Chief Compliance Officercontrol
    since 11/2021 · owns less than 5%
Related persons
Schedule D 7.A
Advisers that list N•••••• C•••••• M••••••••• I•• as a related person
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 276 to 139
    Nov 4, 2021 to Feb 1, 2022
  • Advisory employees · 3 to 2
    Nov 4, 2021 to Feb 1, 2022
  • Individual clients · 270 to 119
    Nov 4, 2021 to Feb 1, 2022
  • Employees · 7 to 4
    Nov 4, 2021 to Feb 1, 2022
  • Discretionary RAUM · $18.6M to $21.9M
    Nov 4, 2021 to Feb 1, 2022
  • Individual RAUM · $33.4M to $30.0M
    Nov 4, 2021 to Feb 1, 2022
  • Non-discretionary RAUM · $14.8M to $8.1M
    Nov 4, 2021 to Feb 1, 2022
  • RAUM · $33.4M to $30.0M
    Nov 4, 2021 to Feb 1, 2022
  • HQ city · STATELINE to unset
    Jun 3, 2021 to Aug 27, 2021
  • HQ state · NV to unset
    Jun 3, 2021 to Aug 27, 2021
  • Accounts · 806 to 276
    Nov 9, 2020 to Mar 23, 2021
  • Advisory activities · 2 to 1
    Nov 9, 2020 to Mar 23, 2021
  • Corporate clients · 36.0 to unset
    Nov 9, 2020 to Mar 23, 2021
  • Individual clients · 470 to 270
    Nov 9, 2020 to Mar 23, 2021
  • Employees · 10 to 7
    Nov 9, 2020 to Mar 23, 2021
  • Discretionary RAUM · $161M to $18.6M
    Nov 9, 2020 to Mar 23, 2021
  • HNW RAUM · 1723274.0 to unset
    Nov 9, 2020 to Mar 23, 2021
  • Individual RAUM · $147M to $33.4M
    Nov 9, 2020 to Mar 23, 2021
  • Non-discretionary RAUM · $0 to $14.8M
    Nov 9, 2020 to Mar 23, 2021
  • RAUM · $161M to $33.4M
    Nov 9, 2020 to Mar 23, 2021
  • Succession · true to false
    May 18, 2020 to Jun 22, 2020
  • Succession · false to true
    Mar 27, 2020 to May 18, 2020
  • Accounts · 957 to 806
    Mar 21, 2019 to Mar 27, 2020
  • Corporate clients · 35 to 36
    Mar 21, 2019 to Mar 27, 2020
  • Individual clients · 496 to 470
    Mar 21, 2019 to Mar 27, 2020
  • Employees · 9 to 10
    Mar 21, 2019 to Mar 27, 2020
  • HQ city · CARSON CITY to STATELINE
    Mar 21, 2019 to Mar 27, 2020
  • Discretionary RAUM · $177M to $161M
    Mar 21, 2019 to Mar 27, 2020
  • HNW RAUM · $3.7M to $1.7M
    Mar 21, 2019 to Mar 27, 2020
  • Individual RAUM · $161M to $147M
    Mar 21, 2019 to Mar 27, 2020
  • RAUM · $177M to $161M
    Mar 21, 2019 to Mar 27, 2020
  • Accounts · 947 to 957
    Mar 23, 2018 to Mar 21, 2019
  • Corporate clients · 37 to 35
    Mar 23, 2018 to Mar 21, 2019
  • Individual clients · 539 to 496
    Mar 23, 2018 to Mar 21, 2019
  • Assets in custody · 4102613.0 to unset
    Mar 23, 2018 to Mar 21, 2019
  • Discretionary RAUM · $200M to $177M
    Mar 23, 2018 to Mar 21, 2019
  • HNW RAUM · $5.4M to $3.7M
    Mar 23, 2018 to Mar 21, 2019
  • Individual RAUM · $178M to $161M
    Mar 23, 2018 to Mar 21, 2019
  • RAUM · $200M to $177M
    Mar 23, 2018 to Mar 21, 2019
  • Accounts · 982 to 947
    Sep 26, 2017 to Mar 23, 2018
Signals
5 dated events
  • D••• T•••• W•••••••• (Chief Compliance Officer) appeared on Schedule A of N•••••• C•••••• M••••••••• I••
    Nov 4, 2021 · Control person joined · fact
  • Paul Richard West (Vice-President, Chief Compliance Officer) no longer on Schedule A of N•••••• C•••••• M••••••••• I•• (listed 2021-08-27, absent 2021-11-04)
    Nov 4, 2021 · Control person left · inference
  • A•••• S•••• F••••• (Chief Financial Officer) no longer on Schedule A of N•••••• C•••••• M••••••••• I•• (listed 2020-11-09, absent 2021-03-23)
    Mar 23, 2021 · Control person left · inference
  • N•••••• C•••••• M••••••••• I•• reported RAUM $33.4M, down 79% from $161.3M (2020-11-09 to 2021-03-23)
    Mar 23, 2021 · RAUM change · derived
  • N•••••• C•••••• M••••••••• I•• reported succeeding to the business of Another Adviser (Form ADV Item 4)
    May 18, 2020 · Succession (Item 4) · 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