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

A••••• A•••••••

Independent wealth managerIrvine, CaliforniaCRD 108188SEC 801-55371websiteIAPD
Latest filing Jul 10, 2026
First filing on the tape Mar 30, 2012 · 40 filings
SEC status approved since Mar 20, 1998
RAUM
$1.5B
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
92%
$1.4B individuals and HNW
Advisors
13
registered through the firm on IAPD
RAUM per advisor
$114M
derived; firm RAUM over IAPD count
Employees
17
14 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
40 filings and snapshots on the tape
RAUM$1.5B as of Jul 10, 2026
Mar 30, 2012$357M then
HNW client RAUM$1.0B as of Jul 10, 2026
Mar 26, 2018$420M then
State-registered IARs (5.B.3)13 as of Jul 10, 2026
Feb 27, 20137 then
Employees (5.A)17 as of Jul 10, 2026
Feb 27, 20139 then
Private funds: no history
RAUM +21% over the last fiscal year+20% a year over threeIARs 12 to 13offices 2 to 0
Practice profile
derived from the filing of Jul 10, 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
$114MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
82derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.0MderivedHNW RAUM over HNW clients
Average account
$515,537derivedRAUM over accounts (5.F.2.f)
Discretionary
98%derivedof RAUM
Institutional
7.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
13.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+21%derivedbetween the last two annual amendments
Advisor growth, one year
+8.3%derivedItem 5.B.3 between annual amendments
Client growth, one year
+10%derived
Compensation
percentage of assets, fixed fees, performance-basedreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisers, publications, educational seminarsreportedItem 5.G
Custody
$527M, 495 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
  • is an insurance broker or agent (6.A.6)
  • 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$1.0B70%
  • Individuals$320M22%
  • Charitable organizations$88.3M6.0%
  • Pension and profit-sharing plans$26.0M1.8%
  • Corporations and businesses$5.6M0.4%
Individual clients
715reported
HNW clients
345reported
Pension plan clients
1reported
Charitable clients
9reported
Accounts
2,878reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
$527M for 495 clientsreported
Compensation
% of AUM, fixed, performancereported
Class basis
private_client_share=0.92 fund_share=0.0 institutional_share=0.08 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
13 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
M••• K•••• I••••••Irvine, CaApr 15, 199837 y0
R••••• L••••• D•••••Irvine, CaNov 14, 200029 y0
B••••••• C•••••••• L••Chartered Financial AnalystIrvine, CaNov 26, 200227 y0
H••••• A•••• K•••Certified Financial PlannerIrvine, CaOct 17, 200336 y0
L••••• M••••• Y••••••Irvine, CaJul 7, 201121 y1
J••••••• N•••• O••••Certified Financial Planner, Chartered Financial AnalystIrvine, CaAug 13, 201519 y0
C••••••••• A••• W•••••••Certified Financial PlannerIrvine, CaDec 12, 201711 y0
J••••• J•••• U•••••• G••••••Chartered Financial ConsultantIrvine, CaDec 18, 201817 y0
M•••• E•••••••• S•••••Certified Financial PlannerIrvine, CaDec 20, 202111 y0
J••••••••• V••••• R•••••Irvine, CaJan 6, 202212 y0
C••• N•••• D•••••Irvine, CaDec 18, 202310 y0
K••• C•••••••• K•••Irvine, CaSep 16, 202412 y0
K•••••• L•••• W••••Irvine, CaSep 26, 202510 y0
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 headcount2 left over 36 months
Left, latest
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • D•••••• R•••••• L••••• · President, Chief Compliance Officer, Senior Wealth Manager, Director, Trustee Of Ducote Family Trustcontrol
    since 01/2010 · owns 10% to 25%
  • K•••• H•••••• A•••• · Secretary, Cfo, Treasurer, Chief Wealth Manager, Director, Trustee Of Kong Trustcontrol
    since 01/1998 · owns 50% to 75%
  • L••• B•••••••• C•••••••• · Vice President, Chief Investment Officer, Director, Trustee Of Lau Family Trustcontrol
    since 01/2010 · owns 10% to 25%
  • O••••• J•••••••• N•••• · Chief Financial Officercontrol
    since 01/2025 · owns less than 5%
  • W•••••••• C••••••••• · Chief Wealth Managercontrol
    since 01/2025 · owns less than 5%
  • D•••••• J••••• N•••• · Trustee Of Ducote Family Trust
    since 08/2001 · owns 10% to 25%
  • K•••• L••• T•••••• · Trustee Of Kong Trust
    since 08/1998 · owns 50% to 75%
  • L••• W••••• Y•••• · Trustee Of Lau Family Trust
    since 08/2013 · owns 10% to 25%
  • L•• T•••• T•••• · Trustee Of Truc Trong Le Trust
    since 01/2000 · owns 5% to 10%
  • Y••••••• E••••• M••••• · Trustee Of Yoshida Family Trust
    since 01/2017 · owns 5% to 10%
  • Y••••••• L•••••• M••••• · Trustee Of Yoshida Family Trust
    since 01/2017 · owns 5% to 10%
Entity owners
  • D••••• F••••• T•••• D•••• 8•••••••• · Shareholder
    direct · owns 10% to 25%
  • L•• F••••• T•••• D•••• 8••••• · Shareholder
    direct · owns 10% to 25%
  • T•• K••• T•••• D•••• 8•••••••• · Shareholder
    direct · owns 50% to 75%
  • T••• T•••• L• T•••• D•••• 1•••••••• · Shareholder
    direct · owns 5% to 10%
  • Y•••••• F••••• T•••• · Shareholder
    direct · owns 5% to 10%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Irvine, Ca · principal1310
Offices
Schedule D 1.F, the 25 largest
  • Torrance, CA2 employees
  • San Diego, CA1 employees
  • , 1 employees
ADV anomalies
2 against comparable advisers; where to look, not conclusions
  • control person changedChange between filings · filing Jul 10, 2026
    OLSON, JENNIFER, NECIR (CHIEF FINANCIAL OFFICER) appeared on Schedule A between the filings of 2018-03-26 and 2026-07-10
    peers: independent wealth managers, $1B to $5B (1,362)
  • control person changedChange between filings · filing Jul 10, 2026
    WHITAKER, CHRISTOPHER, (CHIEF WEALTH MANAGER) appeared on Schedule A between the filings of 2018-03-26 and 2026-07-10
    peers: independent wealth managers, $1B to $5B (1,362)
What changed
consecutive filings, newest first
  • Accounts · 2,880 to 2,878
    Mar 31, 2026 to Jul 10, 2026
  • HNW clients · 346 to 345
    Mar 31, 2026 to Jul 10, 2026
  • Individual clients · 716 to 715
    Mar 31, 2026 to Jul 10, 2026
  • Other offices · 2 to 0
    Mar 31, 2026 to Jul 10, 2026
  • Discretionary RAUM · $1.5B to $1.5B
    Mar 31, 2026 to Jul 10, 2026
  • HNW RAUM · $1.0B to $1.0B
    Mar 31, 2026 to Jul 10, 2026
  • Individual RAUM · $321M to $320M
    Mar 31, 2026 to Jul 10, 2026
  • RAUM · $1.5B to $1.5B
    Mar 31, 2026 to Jul 10, 2026
  • Accounts · 2,597 to 2,880
    Mar 26, 2025 to Mar 31, 2026
  • Charity clients · 5 to 9
    Mar 26, 2025 to Mar 31, 2026
  • Corporate clients · unset to 1.0
    Mar 26, 2025 to Mar 31, 2026
  • HNW clients · 299 to 346
    Mar 26, 2025 to Mar 31, 2026
  • Individual clients · 663 to 716
    Mar 26, 2025 to Mar 31, 2026
  • Pension plan clients · unset to 1.0
    Mar 26, 2025 to Mar 31, 2026
  • Assets in custody · $397M to $527M
    Mar 26, 2025 to Mar 31, 2026
  • State-registered IARs · 12 to 13
    Mar 26, 2025 to Mar 31, 2026
  • Discretionary RAUM · $1.2B to $1.5B
    Mar 26, 2025 to Mar 31, 2026
  • HNW RAUM · $867M to $1.0B
    Mar 26, 2025 to Mar 31, 2026
  • Individual RAUM · $267M to $321M
    Mar 26, 2025 to Mar 31, 2026
  • Non-discretionary RAUM · $11.8M to $22.9M
    Mar 26, 2025 to Mar 31, 2026
  • Pension RAUM · $23.5M to $26.0M
    Mar 26, 2025 to Mar 31, 2026
  • RAUM · $1.2B to $1.5B
    Mar 26, 2025 to Mar 31, 2026
  • Accounts · 2,467 to 2,597
    Mar 5, 2024 to Mar 26, 2025
  • Advisory activities · 5 to 6
    Mar 5, 2024 to Mar 26, 2025
  • HNW clients · 286 to 299
    Mar 5, 2024 to Mar 26, 2025
  • Individual clients · 560 to 663
    Mar 5, 2024 to Mar 26, 2025
  • Assets in custody · $413M to $397M
    Mar 5, 2024 to Mar 26, 2025
  • Employees · 16 to 17
    Mar 5, 2024 to Mar 26, 2025
  • Financial planning clients · 251-500 to 251-500
    Mar 5, 2024 to Mar 26, 2025
  • State-registered IARs · 13 to 12
    Mar 5, 2024 to Mar 26, 2025
  • Other offices · 3 to 2
    Mar 5, 2024 to Mar 26, 2025
  • Discretionary RAUM · $1.0B to $1.2B
    Mar 5, 2024 to Mar 26, 2025
  • HNW RAUM · $736M to $867M
    Mar 5, 2024 to Mar 26, 2025
  • Individual RAUM · $223M to $267M
    Mar 5, 2024 to Mar 26, 2025
  • Non-discretionary RAUM · $8.9M to $11.8M
    Mar 5, 2024 to Mar 26, 2025
  • Pension RAUM · $21.8M to $23.5M
    Mar 5, 2024 to Mar 26, 2025
  • RAUM · $1.0B to $1.2B
    Mar 5, 2024 to Mar 26, 2025
  • Accounts · 2,332 to 2,467
    Nov 2, 2023 to Mar 5, 2024
  • HNW clients · 232 to 286
    Nov 2, 2023 to Mar 5, 2024
  • Individual clients · 554 to 560
    Nov 2, 2023 to Mar 5, 2024
Signals
3 dated events
  • Andrew Martin Ochoa left Apriem Advisors for Randolph Co Inc (registered 2024-12-13)
    Nov 11, 2024 · Advisor changed firm · fact
  • Sunni Danae Allen left Apriem Advisors for Index Fund Advisors, Inc. (registered 2024-09-25)
    Aug 1, 2024 · Advisor changed firm · fact
  • Apriem Advisors reported RAUM $648.7M, up 26% from $513.8M (2017-09-29 to 2018-03-26)
    Mar 26, 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.
How to reach
public business contact points only, each with its source
Firm profile
LINKEDIN.COM/COMPANY/APRIEMADVISORSreportedpublic record, Form ADV, Sep 18, 2026
Website
APRIEM.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
(949) 253-8888reportedpublic record, Form ADV, Jul 10, 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
$114Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026