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

Arnold Weitz & Co

Independent wealth managerElkhorn, NebraskaCRD 108026SEC 801-69800websiteIAPD
Latest filing Feb 23, 2026
First filing on the tape Mar 22, 2012 · 20 filings
SEC status approved since Jan 2, 2009
RAUM
$438M
reported, Item 5.F
Discretionary
38%
of RAUM
Private clients
100%
$438M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$219M
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$438M as of Feb 23, 2026
Mar 22, 2012$108M then
HNW client RAUM$17.3M as of Feb 23, 2026
Mar 23, 2018$214M then
State-registered IARs (5.B.3)2 as of Feb 23, 2026
Mar 22, 20120 then
Employees (5.A)2 as of Feb 23, 2026
Mar 8, 20132 then
Private funds: no history
RAUM +7.3% over the last fiscal year+17% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Feb 23, 2026; every figure names its basis
Archetypes, each a printed rule
  • 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
  • Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$219MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
17derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.4MderivedHNW RAUM over HNW clients
Average account
$6.6MderivedRAUM over accounts (5.F.2.f)
Discretionary
38%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+7.3%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-5.6%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$421M96%
  • High-net-worth individuals$17.3M4.0%
Individual clients
22reported
HNW clients
12reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
66reported
Financial planning clients
1-10reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=2.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Arnold David WeitzOmaha, NeMay 30, 201246 y1
Tiffany Lynn PolifkaCertified Financial PlannerElkhorn, NeJan 13, 202119 y2
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 headcount0 left over 36 months
Left, latest
none on the tape
    Joined, latest
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • David Arnold Weitz · Ownercontrol
      since 09/1993 · owns 75% or more
    • Lynn Tiffany Polifka · Chief Compliance Officer
      since 01/2020 · owns less than 5%
    Related persons
    Schedule D 7.A
    No related person reported.
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    ADV anomalies
    2 against comparable advisers; where to look, not conclusions
    • unusually large average accountStatic outlier · filing Feb 23, 2026
      RAUM per account of $6,637,462 against a peer median of $440,397 (5431 comparable advisers, 100.0th percentile, 4.2 robust deviations)
      peers: independent wealth managers, $100M to $500M (5,431) · 100% percentile
    • HNW share shiftChange between filings · filing Feb 23, 2026
      HNW share of RAUM moved from 88.0% to 4.0% between the annual amendments of 2025-03-11 and 2026-02-23
      peers: independent wealth managers, $100M to $500M (5,676)
    What changed
    consecutive filings, newest first
    • Accounts · 72 to 66
      Mar 11, 2025 to Feb 23, 2026
    • HNW clients · 9 to 12
      Mar 11, 2025 to Feb 23, 2026
    • Individual clients · 27 to 22
      Mar 11, 2025 to Feb 23, 2026
    • Discretionary RAUM · $168M to $165M
      Mar 11, 2025 to Feb 23, 2026
    • HNW RAUM · $360M to $17.3M
      Mar 11, 2025 to Feb 23, 2026
    • Individual RAUM · $48.2M to $421M
      Mar 11, 2025 to Feb 23, 2026
    • Non-discretionary RAUM · $240M to $273M
      Mar 11, 2025 to Feb 23, 2026
    • RAUM · $408M to $438M
      Mar 11, 2025 to Feb 23, 2026
    • Accounts · 60 to 72
      Mar 7, 2024 to Mar 11, 2025
    • HNW clients · 10 to 9
      Mar 7, 2024 to Mar 11, 2025
    • Individual clients · 34 to 27
      Mar 7, 2024 to Mar 11, 2025
    • Financial planning clients · 1-10 to 1-10
      Mar 7, 2024 to Mar 11, 2025
    • Discretionary RAUM · $140M to $168M
      Mar 7, 2024 to Mar 11, 2025
    • HNW RAUM · $132M to $360M
      Mar 7, 2024 to Mar 11, 2025
    • Individual RAUM · $235M to $48.2M
      Mar 7, 2024 to Mar 11, 2025
    • Non-discretionary RAUM · $227M to $240M
      Mar 7, 2024 to Mar 11, 2025
    • RAUM · $366M to $408M
      Mar 7, 2024 to Mar 11, 2025
    • Accounts · 64 to 60
      Feb 24, 2023 to Mar 7, 2024
    • HNW clients · 7 to 10
      Feb 24, 2023 to Mar 7, 2024
    • Individual clients · 28 to 34
      Feb 24, 2023 to Mar 7, 2024
    • Financial planning clients · 0 to 1-10
      Feb 24, 2023 to Mar 7, 2024
    • Discretionary RAUM · $66.1M to $140M
      Feb 24, 2023 to Mar 7, 2024
    • HNW RAUM · $236M to $132M
      Feb 24, 2023 to Mar 7, 2024
    • Individual RAUM · $34.0M to $235M
      Feb 24, 2023 to Mar 7, 2024
    • Non-discretionary RAUM · $204M to $227M
      Feb 24, 2023 to Mar 7, 2024
    • RAUM · $270M to $366M
      Feb 24, 2023 to Mar 7, 2024
    • Accounts · 67 to 64
      Jan 21, 2022 to Feb 8, 2023
    • HNW clients · 6 to 7
      Jan 21, 2022 to Feb 8, 2023
    • Individual clients · 31 to 28
      Jan 21, 2022 to Feb 8, 2023
    • Discretionary RAUM · $69.2M to $66.1M
      Jan 21, 2022 to Feb 8, 2023
    • HNW RAUM · $212M to $236M
      Jan 21, 2022 to Feb 8, 2023
    • Individual RAUM · $51.1M to $34.0M
      Jan 21, 2022 to Feb 8, 2023
    • Non-discretionary RAUM · $194M to $204M
      Jan 21, 2022 to Feb 8, 2023
    • RAUM · $263M to $270M
      Jan 21, 2022 to Feb 8, 2023
    • HNW clients · 7 to 6
      May 19, 2021 to Jan 21, 2022
    • Financial planning clients · 1-10 to 0
      May 19, 2021 to Jan 21, 2022
    • Discretionary RAUM · $60.5M to $69.2M
      May 19, 2021 to Jan 21, 2022
    • HNW RAUM · $178M to $212M
      May 19, 2021 to Jan 21, 2022
    • Individual RAUM · $52.3M to $51.1M
      May 19, 2021 to Jan 21, 2022
    • Non-discretionary RAUM · $170M to $194M
      May 19, 2021 to Jan 21, 2022
    Signals
    No event on the tape.
    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
    402-392-2244reportedpublic record, Form ADV, Feb 23, 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
    $219Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026