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

Boulder Asset Management

Independent wealth managerEnglewood, ColoradoCRD 107636SEC 801-39066IAPD
Legal name Stark Richard Joseph
Latest filing Mar 28, 2025
First filing on the tape Apr 16, 2012 · 16 filings
SEC status approved since Jun 21, 1991
RAUM
$426M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$426M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
4
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
16 filings and snapshots on the tape
RAUM$426M as of Mar 28, 2025
Apr 16, 2012$286M then
HNW client RAUM$426M as of Mar 28, 2025
May 21, 2018$489M then
State-registered IARs (5.B.3)1 as of Mar 28, 2025
Apr 16, 20120 then
Employees (5.A)4 as of Mar 28, 2025
Apr 11, 20134 then
Private funds: no history
RAUM +0.3% over the last fiscal year-4.4% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Mar 28, 2025; every figure names its basis
Archetypes, each a printed rule
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$426MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
66derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$6.5MderivedHNW RAUM over HNW clients
Average account
$2.4MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
4.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+0.3%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+4.8%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
portfolio management for individualsreportedItem 5.G
Custody
$3.6M, 1 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$426M100%
Individual clients
0reported
HNW clients
66reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
178reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$3.6M for 1 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
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
Joined, latest
none on the tape
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Linda Jane Stark · Ownercontrol
      since 05/2015 · owns 50% to 75%
    • Joseph Richard Stark · Owner, Ccocontrol
      since 04/1984 · 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
    Englewood, Co · principal000
    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 28, 2025
      custody of client assets (Item 9.A): no on the filing of 2024-03-26, yes on the filing of 2025-03-28
      peers: independent wealth managers, $100M to $500M (5,676)
    What changed
    consecutive filings, newest first
    • Accounts · 205 to 178
      Mar 26, 2024 to Mar 28, 2025
    • Advisory employees · 2 to 1
      Mar 26, 2024 to Mar 28, 2025
    • HNW clients · 63 to 66
      Mar 26, 2024 to Mar 28, 2025
    • Assets in custody · unset to 3648347.0
      Mar 26, 2024 to Mar 28, 2025
    • Custody of client assets · false to true
      Mar 26, 2024 to Mar 28, 2025
    • Financial planning clients · 0 to
      Mar 26, 2024 to Mar 28, 2025
    • Discretionary RAUM · $425M to $426M
      Mar 26, 2024 to Mar 28, 2025
    • HNW RAUM · $425M to $426M
      Mar 26, 2024 to Mar 28, 2025
    • RAUM · $425M to $426M
      Mar 26, 2024 to Mar 28, 2025
    • Accounts · 228 to 205
      Mar 29, 2023 to Mar 26, 2024
    • HNW clients · 68 to 63
      Mar 29, 2023 to Mar 26, 2024
    • Discretionary RAUM · $370M to $425M
      Mar 29, 2023 to Mar 26, 2024
    • HNW RAUM · $370M to $425M
      Mar 29, 2023 to Mar 26, 2024
    • RAUM · $370M to $425M
      Mar 29, 2023 to Mar 26, 2024
    • Accounts · 229 to 228
      Apr 1, 2022 to Mar 29, 2023
    • HNW clients · 67 to 68
      Apr 1, 2022 to Mar 29, 2023
    • Discretionary RAUM · $487M to $370M
      Apr 1, 2022 to Mar 29, 2023
    • HNW RAUM · $487M to $370M
      Apr 1, 2022 to Mar 29, 2023
    • RAUM · $487M to $370M
      Apr 1, 2022 to Mar 29, 2023
    • Accounts · 244 to 229
      Mar 3, 2021 to Apr 1, 2022
    • Discretionary RAUM · $583M to $487M
      Mar 3, 2021 to Apr 1, 2022
    • HNW RAUM · $583M to $487M
      Mar 3, 2021 to Apr 1, 2022
    • RAUM · $583M to $487M
      Mar 3, 2021 to Apr 1, 2022
    • Accounts · 13 to 244
      Jul 1, 2020 to Mar 3, 2021
    • HNW clients · 13 to 67
      Jul 1, 2020 to Mar 3, 2021
    • Discretionary RAUM · $514M to $583M
      Jul 1, 2020 to Mar 3, 2021
    • HNW RAUM · $514M to $583M
      Jul 1, 2020 to Mar 3, 2021
    • RAUM · $514M to $583M
      Jul 1, 2020 to Mar 3, 2021
    • Discretionary RAUM · $495M to $514M
      Jul 9, 2019 to Apr 30, 2020
    • HNW RAUM · $495M to $514M
      Jul 9, 2019 to Apr 30, 2020
    • RAUM · $495M to $514M
      Jul 9, 2019 to Apr 30, 2020
    • Accounts · 17 to 13
      May 21, 2018 to Jul 9, 2019
    • HNW clients · 17 to 13
      May 21, 2018 to Jul 9, 2019
    • State-registered IARs · 2 to 1
      May 21, 2018 to Jul 9, 2019
    • Discretionary RAUM · $489M to $495M
      May 21, 2018 to Jul 9, 2019
    • HNW RAUM · $489M to $495M
      May 21, 2018 to Jul 9, 2019
    • RAUM · $489M to $495M
      May 21, 2018 to Jul 9, 2019
    • Accounts · 14 to 17
      Jun 30, 2017 to May 21, 2018
    • Charity clients · unset to 0.0
      Jun 30, 2017 to May 21, 2018
    • Corporate clients · unset to 0.0
      Jun 30, 2017 to May 21, 2018
    Signals
    1 dated events
    • Richard Joseph Stark left Boulder Asset Management for Compass Capital Management Inc (registered 2025-07-28)
      Aug 21, 2025 · Advisor changed firm · fact
    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
    Principal office phone
    303-779-8772reportedpublic record, Form ADV, Mar 28, 2025
    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
    n/aderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026