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

N•••••••• F•••••••• S••••••• I••

Independent wealth managerIndianapolis, IndianaCRD 106805SEC 801-42770websiteIAPD
Latest filing Mar 18, 2026
First filing on the tape Nov 22, 2011 · 27 filings
SEC status approved since Dec 29, 1992
RAUM
$635M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$635M individuals and HNW
Advisors
9
registered through the firm on IAPD
RAUM per advisor
$70.5M
derived; firm RAUM over IAPD count
Employees
11
9 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
27 filings and snapshots on the tape
RAUM$635M as of Mar 18, 2026
Mar 29, 2012$197M then
HNW client RAUM$534M as of Mar 18, 2026
Mar 27, 2018$263M then
State-registered IARs (5.B.3)9 as of Mar 18, 2026
Mar 29, 20120 then
Employees (5.A)11 as of Mar 18, 2026
Mar 28, 20139 then
Private funds: no history
RAUM +15% over the last fiscal year+15% a year over threeIARs 8 to 9
Practice profile
derived from the filing of Mar 18, 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
$70.5MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
42derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.2MderivedHNW RAUM over HNW clients
Average account
$1.7MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.2derivedItem 5.A over advisors
Advisors per office
9.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+15%derivedbetween the last two annual amendments
Advisor growth, one year
+13%derivedItem 5.B.3 between annual amendments
Client growth, one year
+0.5%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 5.G
Custody
$302M, 515 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)
  • 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$534M84%
  • Individuals$101M16%
Individual clients
208reported
HNW clients
169reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
377reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
$302M for 515 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
9 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
A•••• J•••• P••••••••Certified Financial PlannerIndianapolis, InApr 1, 200428 y0
M•••••• C•••• Y•••••Certified Financial PlannerIndianapolis, InSep 13, 201115 y0
T••••• D••• G••••Certified Financial PlannerIndianapolis, InNov 9, 201115 y0
S•••• E• A•••••Certified Financial PlannerIndianapolis, InMay 5, 201610 y0
R••••• L• L••••Certified Financial PlannerIndianapolis, InOct 2, 201713 y0
B•••• G• W••••••Indianapolis, InMay 30, 202010 y0
M•••• O•••••Indianapolis, InSep 23, 202212 y0
H•••• M•••• W••••••Certified Financial PlannerIndianapolis, InNov 13, 202419 y1
D••••• A••••• W••••Indianapolis, InAug 22, 202511 y0
Advisor movement
0 left, 0 joined in 12 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • G••••• T•••••• D••• · Vice Presidentcontrol
    since 12/2020 · owns 25% to 50%
  • P••••••••• A••••• J•••• · Chief Compliance Officer, Chief Investment Officer, And Secretarycontrol
    since 01/2019 · owns 5% to 10%
  • Y•••••• M••••••• C•••• · Presidentcontrol
    since 12/2020 · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Indianapolis, In · principal900
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • custody status changedChange between filings · filing Mar 18, 2026
    custody of client assets (Item 9.A): no on the filing of 2025-11-11, yes on the filing of 2026-03-18
    peers: independent wealth managers, $500M to $1B (1,482)
What changed
consecutive filings, newest first
  • Accounts · 375 to 377
    Nov 11, 2025 to Mar 18, 2026
  • Advisory employees · 8 to 9
    Nov 11, 2025 to Mar 18, 2026
  • HNW clients · 199 to 169
    Nov 11, 2025 to Mar 18, 2026
  • Individual clients · 176 to 208
    Nov 11, 2025 to Mar 18, 2026
  • Assets in custody · $183M to $302M
    Nov 11, 2025 to Mar 18, 2026
  • Custody of client assets · false to true
    Nov 11, 2025 to Mar 18, 2026
  • Employees · 10 to 11
    Nov 11, 2025 to Mar 18, 2026
  • State-registered IARs · 8 to 9
    Nov 11, 2025 to Mar 18, 2026
  • Discretionary RAUM · $551M to $635M
    Nov 11, 2025 to Mar 18, 2026
  • HNW RAUM · $495M to $534M
    Nov 11, 2025 to Mar 18, 2026
  • Individual RAUM · $56.3M to $101M
    Nov 11, 2025 to Mar 18, 2026
  • RAUM · $551M to $635M
    Nov 11, 2025 to Mar 18, 2026
  • Accounts · 376 to 375
    Nov 14, 2024 to Feb 25, 2025
  • Advisory employees · 7 to 8
    Nov 14, 2024 to Feb 25, 2025
  • HNW clients · 178 to 199
    Nov 14, 2024 to Feb 25, 2025
  • Individual clients · 198 to 176
    Nov 14, 2024 to Feb 25, 2025
  • Assets in custody · $179M to $183M
    Nov 14, 2024 to Feb 25, 2025
  • Employees · 9 to 10
    Nov 14, 2024 to Feb 25, 2025
  • Financial planning clients · 251-500 to 251-500
    Nov 14, 2024 to Feb 25, 2025
  • State-registered IARs · 7 to 8
    Nov 14, 2024 to Feb 25, 2025
  • Discretionary RAUM · $482M to $551M
    Nov 14, 2024 to Feb 25, 2025
  • HNW RAUM · $422M to $495M
    Nov 14, 2024 to Feb 25, 2025
  • Individual RAUM · $60.6M to $56.3M
    Nov 14, 2024 to Feb 25, 2025
  • RAUM · $482M to $551M
    Nov 14, 2024 to Feb 25, 2025
  • Accounts · 450 to 376
    Mar 25, 2024 to Nov 14, 2024
  • Individual clients · 272 to 198
    Mar 25, 2024 to Nov 14, 2024
  • Discretionary RAUM · $487M to $482M
    Mar 25, 2024 to Nov 14, 2024
  • Individual RAUM · $65.1M to $60.6M
    Mar 25, 2024 to Nov 14, 2024
  • RAUM · $487M to $482M
    Mar 25, 2024 to Nov 14, 2024
  • Accounts · 375 to 450
    Sep 13, 2023 to Mar 25, 2024
  • Advisory employees · 8 to 7
    Sep 13, 2023 to Mar 25, 2024
  • HNW clients · 168 to 178
    Sep 13, 2023 to Mar 25, 2024
  • Individual clients · 207 to 272
    Sep 13, 2023 to Mar 25, 2024
  • Assets in custody · $255M to $179M
    Sep 13, 2023 to Mar 25, 2024
  • Custody of client assets · true to false
    Sep 13, 2023 to Mar 25, 2024
  • Employees · 10 to 9
    Sep 13, 2023 to Mar 25, 2024
  • State-registered IARs · 8 to 7
    Sep 13, 2023 to Mar 25, 2024
  • Discretionary RAUM · $414M to $487M
    Sep 13, 2023 to Mar 25, 2024
  • HNW RAUM · $361M to $422M
    Sep 13, 2023 to Mar 25, 2024
  • Individual RAUM · $53.7M to $65.1M
    Sep 13, 2023 to Mar 25, 2024
Signals
2 dated events
  • Louis William Reno (President) no longer on Schedule A of N•••••••• F•••••••• S••••••• I•• (listed 2020-12-02, absent 2021-02-16)
    Feb 16, 2021 · Control person left · inference
  • Elizabeth Kathleen Reno (Secretary) no longer on Schedule A of N•••••••• F•••••••• S••••••• I•• (listed 2020-12-02, absent 2021-02-16)
    Feb 16, 2021 · 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 email
i•••@n•••••••••.netreportedpublished by the firm, firm site, Sep 15, 2026
Business phone
317-844-0448reportedpublished by the firm, firm site, Sep 15, 2026
Website
N••••••••FINANCIAL.NETreportedpublic record, Form ADV, Sep 19, 2026
Principal office phone
317-844-0448reportedpublic record, Form ADV, Mar 18, 2026
Contact form
n•••••••••.netreportedpublished by the firm, firm site, Sep 15, 2026
Team page
n•••••••••.netreportedpublished 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
$70.5Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026