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.

SEC-registered adviser

Sierra Investment Management, LLC

Independent wealth managerSanta Monica, CaliforniaCRD 106615SEC 801-42954websiteIAPD
Latest filing Jul 15, 2026
First filing on the tape Mar 30, 2012 · 32 filings
SEC status approved since Dec 23, 1992
RAUM
$361M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
93%
$335M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$72.2M
derived; firm RAUM over IAPD count
Employees
34
8 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
32 filings and snapshots on the tape
RAUM$361M as of Jul 15, 2026
Mar 30, 2012$663M then
HNW client RAUM$259M as of Jul 15, 2026
Mar 28, 2018$437M then
State-registered IARs (5.B.3)6 as of Jul 15, 2026
Mar 26, 20136 then
Employees (5.A)34 as of Jul 15, 2026
Mar 26, 201315 then
Private funds: no history
RAUM -6.3% over the last fiscal year-4.6% a year over threeIARs 6 to 6
Practice profile
derived from the filing of Jul 15, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • 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
$72.2MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
59derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.6MderivedHNW RAUM over HNW clients
Average account
$475,493derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
3.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
6.8derivedItem 5.A over advisors
Advisors per office
5.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-6.3%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-11%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, otherreportedItem 5.G
Custody
$227M, 213 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Firms absorbed, 24 months
1derivedhalf or more of a firm's advisors moved here within 14 days
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)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$259M74%
  • Individuals$75.7M22%
  • Pension and profit-sharing plans$12.3M3.5%
  • Corporations and businesses$2.1M0.6%
  • Charitable organizations$712,7900.2%
Individual clients
193reported
HNW clients
101reported
Pension plan clients
7reported
Charitable clients
1reported
Accounts
759reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
$227M for 213 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.93 fund_share=0.0 institutional_share=0.04 related_bd=false related_bank=false bd_reps=2.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
David Chandler WrightSanta Monica, CaMay 23, 200336 y2
Kenneth Lee SleeperSanta Monica, CaMay 28, 200336 y2
Gira PatelSanta Monica, CaNov 4, 201511 y0
Nathan Henry BrummelSanta Monica, CaOct 18, 202310 y1
Marshall QuanSanta Monica, CaNov 4, 202427 y1
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 headcount1 left over 36 months
Left, latest
Joined, latest
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
    • Annalisa Donati · Chief Financial Officercontrol
      since 07/2024 · owns less than 5%
    • Andreas Ryan Harder · Chief Investment Strategistcontrol
      since 07/2022 · owns less than 5%
    • Winfield Erik Morris · Chief Compliance Officercontrol
      since 09/2023 · owns less than 5%
    • George Albert Schweiss · Chief Executive Officercontrol
      since 10/2021 · owns less than 5%
    • Lee Kenneth Sleeper · Sr. Vice President/Directorcontrol
      since 09/1992 · owns less than 5%
    • Edwin James Staubin · Chief Investment Officercontrol
      since 07/2022 · owns less than 5%
    • Janel Kristine Stromeyer · Chief Operating Officercontrol
      since 01/2016 · owns less than 5%
    • Chandler David Wright · Presidentcontrol
      since 10/1992 · owns less than 5%
    • Lee Kenneth Sleeper · Ownercontrol
      since 10/1989 · owns 50% to 75% of Ocean Park Asset Management, Inc
    • Chandler David Wright · Ownercontrol
      since 10/1989 · owns 50% to 75% of Ocean Park Asset Management, Inc
    • Sarina Vanda Freesman · Chief Marketing Officer
      since 11/2019 · owns less than 5%
    Entity owners
    • Sierra Investments Group, LLC · Owner
      direct · owns 75% or more
    • Ocean Park Asset Management, Inc · Owner
      indirect · owns 50% to 75% of Sierra Investments Holdings, LLC
    • Sierra Investments Holdings, LLC · Owner
      indirect · owns 75% or more of Sierra Investments Group, LLC
    Related persons
    Schedule D 7.A
    Advisers that list Sierra Investment Management, LLC as a related person
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Santa Monica, Ca · principal500
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    ADV anomalies
    1 against comparable advisers; where to look, not conclusions
    • high employee count relative to advisorsStatic outlier · filing Jul 15, 2026
      employees per registered advisor of 6.8 against a peer median of 1.2 (1313 comparable advisers, 100.0th percentile, 18.9 robust deviations)
      peers: independent wealth managers, $100M to $500M (1,313) · 100% percentile
    What changed
    consecutive filings, newest first
    • Accounts · 832 to 759
      Dec 5, 2025 to Mar 31, 2026
    • BD registered reps · 1 to 2
      Dec 5, 2025 to Mar 31, 2026
    • Charity clients · 2 to 1
      Dec 5, 2025 to Mar 31, 2026
    • Corporate clients · 4 to 3
      Dec 5, 2025 to Mar 31, 2026
    • HNW clients · 98 to 101
      Dec 5, 2025 to Mar 31, 2026
    • Individual clients · 234 to 193
      Dec 5, 2025 to Mar 31, 2026
    • Pension plan clients · 9 to 7
      Dec 5, 2025 to Mar 31, 2026
    • Assets in custody · $232M to $227M
      Dec 5, 2025 to Mar 31, 2026
    • Employees · 31 to 34
      Dec 5, 2025 to Mar 31, 2026
    • Insurance-licensed employees · 3 to 6
      Dec 5, 2025 to Mar 31, 2026
    • Discretionary RAUM · $385M to $361M
      Dec 5, 2025 to Mar 31, 2026
    • HNW RAUM · $258M to $259M
      Dec 5, 2025 to Mar 31, 2026
    • Individual RAUM · $90.5M to $75.7M
      Dec 5, 2025 to Mar 31, 2026
    • Pension RAUM · $16.0M to $12.3M
      Dec 5, 2025 to Mar 31, 2026
    • RAUM · $385M to $361M
      Dec 5, 2025 to Mar 31, 2026
    • Accounts · 900 to 832
      Oct 7, 2024 to Mar 31, 2025
    • Advisory employees · 9 to 8
      Oct 7, 2024 to Mar 31, 2025
    • Corporate clients · 7 to 4
      Oct 7, 2024 to Mar 31, 2025
    • HNW clients · 96 to 98
      Oct 7, 2024 to Mar 31, 2025
    • Individual clients · 255 to 234
      Oct 7, 2024 to Mar 31, 2025
    • Pension plan clients · 8 to 9
      Oct 7, 2024 to Mar 31, 2025
    • Assets in custody · $147M to $232M
      Oct 7, 2024 to Mar 31, 2025
    • Insurance-licensed employees · 5 to 3
      Oct 7, 2024 to Mar 31, 2025
    • Financial planning clients · 1-10 to 1-10
      Oct 7, 2024 to Mar 31, 2025
    • Discretionary RAUM · $388M to $385M
      Oct 7, 2024 to Mar 31, 2025
    • HNW RAUM · $264M to $258M
      Oct 7, 2024 to Mar 31, 2025
    • Individual RAUM · $86.8M to $90.5M
      Oct 7, 2024 to Mar 31, 2025
    • Pension RAUM · $14.6M to $16.0M
      Oct 7, 2024 to Mar 31, 2025
    • Pooled vehicle RAUM · unset to 0.0
      Oct 7, 2024 to Mar 31, 2025
    • RAUM · $388M to $385M
      Oct 7, 2024 to Mar 31, 2025
    • Business name · SIERRA INVESTMENT MANAGEMENT INC to SIERRA INVESTMENT MANAGEMENT, LLC
      Oct 1, 2024 to Oct 7, 2024
    • BD registered reps · 25 to 1
      Sep 6, 2024 to Oct 1, 2024
    • Employees · 51 to 31
      Sep 6, 2024 to Oct 1, 2024
    • Insurance-licensed employees · 3 to 5
      Sep 6, 2024 to Oct 1, 2024
    • State-registered IARs · 12 to 6
      Sep 6, 2024 to Oct 1, 2024
    • Organization form · Corporation to Limited Liability Company
      Sep 6, 2024 to Oct 1, 2024
    • Succession · false to true
      Sep 6, 2024 to Oct 1, 2024
    • Legal name · SIERRA INVESTMENT MANAGEMENT INC to SIERRA INVESTMENT MANAGEMENT, LLC
      Oct 1, 2024 to Oct 1, 2024
    • Succession · true to false
      Oct 1, 2024 to Oct 1, 2024
    • Accounts · 996 to 900
      Sep 26, 2023 to Mar 30, 2024
    Signals
    16 dated events
    • Ocean Park Asset Management, Inc.'s advisors moved to Sierra Investment Management, LLC (Santa Monica, CA): 3 of 5 registered, on the same day
      Dec 24, 2024 · Firm absorbed (people side) · derived
    • Bruk A Campbell left Sierra Investment Management, Llc for Ocean Park Asset Management, Inc. (registered 2024-04-04)
      Dec 23, 2024 · Advisor changed firm · fact
    • Sierra Investment Management Inc reported succeeding to the business of Another Adviser (Form ADV Item 4)
      Oct 1, 2024 · Succession (Item 4) · fact
    • Annalisa Donati (Chief Financial Officer) appeared on Schedule A of Sierra Investment Management, Llc
      Oct 1, 2024 · Control person joined · fact
    • Andrew Douglas Loeffler (Executive Vice-President Investment Management) no longer on Schedule A of Sierra Investment Management, Llc (listed 2024-07-26, absent 2024-09-06)
      Sep 6, 2024 · Control person left · inference
    • Sierra Investment Management, Llc reported 12 state-registered advisory representatives, down from 22 (2023-09-26 to 2024-03-30)
      Mar 30, 2024 · Advisor headcount change · derived
    • Edwin James Staubin (Chief Investment Officer) appeared on Schedule A of Sierra Investment Management, Llc
      Mar 30, 2024 · Control person joined · fact
    • Andreas Ryan Harder (Chief Investment Strategist) appeared on Schedule A of Sierra Investment Management, Llc
      Mar 30, 2024 · Control person joined · fact
    • Winfield Erik Morris (Chief Compliance Officer) appeared on Schedule A of Sierra Investment Management, Llc
      Sep 26, 2023 · Control person joined · fact
    • Stanley Scott Schiewe left Sierra Investment Management, Llc for Avantax Advisory Services (registered 2022-11-02)
      Feb 7, 2023 · Advisor changed firm · fact
    • Adam Jaros left Sierra Investment Management, Llc for Fidelity Personal And Workplace Advisors (registered 2023-04-27)
      Jan 3, 2023 · Advisor changed firm · fact
    • Christopher Shawn Wilson left Sierra Investment Management, Llc for Atlanta Consulting Group Advisors, Llc (registered 2023-07-21)
      Aug 8, 2022 · Advisor changed firm · fact
    • George Albert Schweiss (Chief Executive Officer) appeared on Schedule A of Sierra Investment Management, Llc
      Nov 4, 2021 · Control person joined · fact
    • Andrew Douglas Loeffler (Executive Vice-President Investment Management) appeared on Schedule A of Sierra Investment Management, Llc
      Mar 30, 2021 · Control person joined · fact
    • Frances Theresa Spath (Chief Investment Officer/Portfolio Manager) no longer on Schedule A of Sierra Investment Management, Llc (listed 2020-06-19, absent 2021-03-30)
      Mar 30, 2021 · Control person left · inference
    • Sierra Investment Management, Llc reported 26 state-registered advisory representatives, up from 16 (2019-03-28 to 2020-03-31)
      Mar 31, 2020 · Advisor headcount change · derived
    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
    310-452-1887reportedpublished by the firm, firm site, Sep 15, 2026
    Firm profile
    linkedin.com/company/sierra-investment-management/posts/?feereportedpublic record, Form ADV, Sep 17, 2026
    Website
    SIERRAINVESTMENT.COMreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    310-452-1887reportedpublic record, Form ADV, Jul 15, 2026
    Contact form
    sierrainvestment.com/contact-usreportedpublished by the firm, firm site, Sep 15, 2026
    Team page
    sierrainvestment.com/teamreportedpublished by the firm, firm site, Sep 15, 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
    $72.2Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026