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

R•••••• I••••••••• A••••••• I••

Former SEC-registered adviserFresno, CaliforniaCRD 106990SEC 801-44406websiteIAPD
Latest filing Mar 12, 2026
First filing on the tape Mar 21, 2012 · 54 filings
SEC status approved since Jul 27, 1993
RAUM
$1.1B
reported, Item 5.F
Discretionary
93%
of RAUM
Private clients
69%
$784M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
15
8 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
54 filings and snapshots on the tape
RAUM$1.1B as of Mar 12, 2026
Mar 21, 2012$186M then
HNW client RAUM$646M as of Mar 12, 2026
Mar 29, 2018$171M then
State-registered IARs (5.B.3)8 as of Mar 12, 2026
Jan 11, 20133 then
Employees (5.A)15 as of Mar 12, 2026
Jan 11, 20137 then
Private funds: no history
RAUM +13% over the last fiscal year+19% a year over threeIARs 8 to 8
Practice profile
derived from the filing of Mar 12, 2026; every figure names its basis
RAUM per advisor
$143MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
90derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.1MderivedHNW RAUM over HNW clients
Average account
$599,773derivedRAUM over accounts (5.F.2.f)
Discretionary
93%derivedof RAUM
Institutional
25%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.9derivedItem 5.A over advisors
Advisors per office
8.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+13%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+1.4%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, educational seminarsreportedItem 5.G
Custody
$255M, 459 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • 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$646M57%
  • Pension and profit-sharing plans$224M20%
  • Individuals$138M12%
  • Corporations and businesses$77.2M6.8%
  • Charitable organizations$58.2M5.1%
Individual clients
505reported
HNW clients
211reported
Pension plan clients
53reported
Charitable clients
22reported
Accounts
1,906reported
Financial planning clients
11-25reported
Wrap fee programs
noreported
Custody of client assets
$255M for 459 clientsreported
Compensation
% of AUM, fixed, 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
6 left, 0 joined in 12 months
net -6 in 12 months0 left in 90 days0 joined in 90 days6 left over 36 months
Left, 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
    • C•••••••• C••••••••• L•••• · Director / Vice Presidentcontrol
      since 04/2014 · owns less than 5%
    • D•••• M••••• L•••• · Director/Chief Compliance Officer/Cfo/Secretarycontrol
      since 10/2004 · owns less than 5%
    • F••••• A••••••• D•••••• · Chief Executive Officer / Directorcontrol
      since 07/2020 · owns less than 5%
    • L•••••••• R•••••• J•••• · Directorcontrol
      since 07/2005 · owns less than 5%
    • M••••• J•••••• R•• · Director / Ownercontrol
      since 09/2015 · owns 10% to 25%
    • P••••••••• M•••• L•••• · Directorcontrol
      since 04/2010 · owns less than 5%
    • R••• P•••••• D••••• · Director & Presidentcontrol
      since 10/2004 · owns less than 5%
    • C•••••••• C••••••••• L•••• · Indirect Ownercontrol
      since 12/2013 · owns F of C••••••••• C•••••••• S•••••• T•••••• O• T•• C••••••••• A•• K•••••••• C••••••• R•• F••••• T•••• D•• 1•••••••••
    • D•••• M••••• L•••• · Indirect Ownercontrol
      since 09/2013 · owns F of M•••• D•••, T•••••• T••• And M•••• D••• R•••••••• Family Trust D•••• 11/23/2010
    • R••• P•••••• D••••• · Indirect Ownercontrol
      since 10/2013 · owns F of P••••• R••• T•••••• P••••• • K•••• R•• D••••••••• O• T•••• D•••• 8•••••••
    • W••••• J•••••• J• · Owner
      since 01/2022 · owns less than 5%
    • W••••••• K••••• M••••••• · Owner
      since 01/2022 · owns less than 5%
    Entity owners
    • P••••• R••• T•••••• P••••• • K•••• R•• D••••••••• O• T•••• D•••• 8••••••• · Owner
      direct · owns 25% to 50%
    • C••••••••• C•••••••• S•••••• T•••••• O• T•• C••••••••• A•• K•••••••• C••••••• R•• F••••• T•••• D•• 1••••••••• · Owner
      direct · owns 10% to 25%
    • M•••• D•••• T•••••• T••• A•• M•••• D••• R•• F••••• T•••• D•••• 1••••••••• · Owner
      direct · owns 10% to 25%
    • R•••••• S• M•••••• S•••••• T•••••• O• M••••• F••••• T•••• D•••• 4•••••••• · Owner
      direct · owns 5% to 10%
    • W••• W••••••• T•••••• O• T•• W••• A•••• W•••••• R•••••••• T•••• D•• 5•••••••• · Owner
      direct · owns less than 5%
    Related persons
    Schedule D 7.A
    • M••• P•••••••••
      investment adviserinsurancen
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Fresno, Ca · principal006
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 1,914 to 1,906
      Dec 17, 2025 to Mar 12, 2026
    • Charity clients · 20 to 22
      Dec 17, 2025 to Mar 12, 2026
    • Corporate clients · 15 to 12
      Dec 17, 2025 to Mar 12, 2026
    • HNW clients · 200 to 211
      Dec 17, 2025 to Mar 12, 2026
    • Individual clients · 506 to 505
      Dec 17, 2025 to Mar 12, 2026
    • Pension plan clients · 51 to 53
      Dec 17, 2025 to Mar 12, 2026
    • Assets in custody · $211M to $255M
      Dec 17, 2025 to Mar 12, 2026
    • Discretionary RAUM · $955M to $1.1B
      Dec 17, 2025 to Mar 12, 2026
    • HNW RAUM · $550M to $646M
      Dec 17, 2025 to Mar 12, 2026
    • Individual RAUM · $156M to $138M
      Dec 17, 2025 to Mar 12, 2026
    • Non-discretionary RAUM · $57.9M to $76.9M
      Dec 17, 2025 to Mar 12, 2026
    • Pension RAUM · $193M to $224M
      Dec 17, 2025 to Mar 12, 2026
    • RAUM · $1.0B to $1.1B
      Dec 17, 2025 to Mar 12, 2026
    • Related adviser · true to false
      Dec 17, 2025 to Mar 12, 2026
    • Related insurance company · true to false
      Dec 17, 2025 to Mar 12, 2026
    • Accounts · 1,752 to 1,914
      Apr 16, 2024 to Mar 18, 2025
    • Charity clients · 19 to 20
      Apr 16, 2024 to Mar 18, 2025
    • Corporate clients · 16 to 15
      Apr 16, 2024 to Mar 18, 2025
    • HNW clients · 170 to 200
      Apr 16, 2024 to Mar 18, 2025
    • Individual clients · 486 to 506
      Apr 16, 2024 to Mar 18, 2025
    • Pension plan clients · 54 to 51
      Apr 16, 2024 to Mar 18, 2025
    • Assets in custody · $148M to $211M
      Apr 16, 2024 to Mar 18, 2025
    • Employees · 14 to 15
      Apr 16, 2024 to Mar 18, 2025
    • Financial planning clients · 11-25 to 11-25
      Apr 16, 2024 to Mar 18, 2025
    • Discretionary RAUM · $869M to $955M
      Apr 16, 2024 to Mar 18, 2025
    • HNW RAUM · $457M to $550M
      Apr 16, 2024 to Mar 18, 2025
    • Individual RAUM · $146M to $156M
      Apr 16, 2024 to Mar 18, 2025
    • Non-discretionary RAUM · $8.4M to $57.9M
      Apr 16, 2024 to Mar 18, 2025
    • Pension RAUM · $189M to $193M
      Apr 16, 2024 to Mar 18, 2025
    • RAUM · $877M to $1.0B
      Apr 16, 2024 to Mar 18, 2025
    • Accounts · 1,632 to 1,752
      Dec 19, 2023 to Mar 21, 2024
    • Advisory employees · 7 to 8
      Dec 19, 2023 to Mar 21, 2024
    • Charity clients · 18 to 19
      Dec 19, 2023 to Mar 21, 2024
    • Corporate clients · 11 to 16
      Dec 19, 2023 to Mar 21, 2024
    • HNW clients · 128 to 170
      Dec 19, 2023 to Mar 21, 2024
    • Individual clients · 510 to 486
      Dec 19, 2023 to Mar 21, 2024
    • Pension plan clients · 56 to 54
      Dec 19, 2023 to Mar 21, 2024
    • Assets in custody · $138M to $148M
      Dec 19, 2023 to Mar 21, 2024
    • Financial planning clients · 1-10 to 11-25
      Dec 19, 2023 to Mar 21, 2024
    • State-registered IARs · 7 to 8
      Dec 19, 2023 to Mar 21, 2024
    Signals
    12 dated events
    • R•••••• I••••••••• A••••••• I•• no longer on the SEC adviser roster (last listed 2026-04-01, RAUM $1.1B)
      May 1, 2026 · Left the SEC roster · derived
    • N••• J••••• M•••••• left R•••••• I••••••••• A••••••• I•• for P•••••••• L•• (registered 2026-04-01)
      Apr 7, 2026 · a•••••• firm change · fact
    • J••••• R•• M•••• left R•••••• I••••••••• A••••••• I•• for P•••••••• L•• (registered 2026-04-01)
      Apr 7, 2026 · a•••••• firm change · fact
    • W••• A•••• W•••••• left R•••••• I••••••••• A••••••• I•• for P•••••••• L•• (registered 2026-04-01)
      Apr 7, 2026 · a•••••• firm change · fact
    • R••• J••• B••••• left R•••••• I••••••••• A••••••• I•• for P•••••••• L•• (registered 2026-04-01)
      Apr 7, 2026 · a•••••• firm change · fact
    • C••••••••• L•••• C••••••• left R•••••• I••••••••• A••••••• I•• for P•••••••• L•• (registered 2026-04-01)
      Apr 7, 2026 · a•••••• firm change · fact
    • R•••••• I••••••••• A••••••• I••'s advisors moved to P•••••••• L•• (Fresno, CA): 5 of 5 registered, on the same day
      Apr 7, 2026 · Firm absorbed (people side) · derived
    • R•••••• S••••• M••••• left R•••••• I••••••••• A••••••• I•• for Simplifiedfp (registered 2025-10-14)
      Nov 7, 2025 · a•••••• firm change · fact
    • R•••••• I••••••••• A••••••• I•• reported RAUM $877.3M, up 29% from $678.9M (2023-12-19 to 2024-03-21)
      Mar 21, 2024 · RAUM change · derived
    • T••• F•••• (Chief Executive Officer) appeared on Schedule A of R•••••• I••••••••• A••••••• I••
      Aug 12, 2020 · Control person joined · fact
    • Warner Stephen Guinn (Director/Vice President) no longer on Schedule A of R•••••• I••••••••• A••••••• I•• (listed 2020-05-14, absent 2020-06-26)
      Jun 26, 2020 · Control person left · inference
    • R•••••• I••••••••• A••••••• I•• reported RAUM $439.6M, up 30% from $339.4M (2017-07-13 to 2018-03-29)
      Mar 29, 2018 · RAUM 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.
    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