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

Fiduciary Advisors, Inc.

Institutional managerSt. Louis, MissouriCRD 108239SEC 801-57763websiteIAPD
Latest filing Mar 19, 2026
First filing on the tape Apr 2, 2012 · 24 filings
SEC status approved since Jul 13, 2000
RAUM
$2.1B
reported, Item 5.F
Discretionary
96%
of RAUM
Private clients
9.4%
$197M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$702M
derived; firm RAUM over IAPD count
Employees
4
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
24 filings and snapshots on the tape
RAUM$2.1B as of Mar 19, 2026
Apr 2, 2012$267M then
HNW client RAUM$175M as of Mar 19, 2026
Mar 21, 2018$83.1M then
State-registered IARs (5.B.3)3 as of Mar 19, 2026
Apr 1, 20135 then
Employees (5.A)4 as of Mar 19, 2026
Apr 1, 20135 then
Private funds: no history
RAUM +22% over the last fiscal year+23% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Mar 19, 2026; every figure names its basis
Archetypes, each a printed rule
  • Institutional asset manager · institutional share (pensions, government, insurance, corporations, charities, banks, other advisers) at least 60 percent and private-client share under 20 percent
  • OCIO / institutional advisory · selection of other advisers (5.G.7) and institutional share at least 50 percent
  • Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
RAUM per advisor
$702MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
36derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.2MderivedHNW RAUM over HNW clients
Average account
$4.9MderivedRAUM over accounts (5.F.2.f)
Discretionary
96%derivedof RAUM
Institutional
91%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+22%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+7.0%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, selection of other advisers, educational seminarsreportedItem 5.G
Custody
$138M, 98 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
  • Pension and profit-sharing plans$1.8B85%
  • High-net-worth individuals$175M8.3%
  • State and municipal entities$110M5.2%
  • Individuals$22.0M1.0%
  • Charitable organizations$8.0M0.4%
  • Corporations and businesses$460,0260.0%
Individual clients
52reported
HNW clients
55reported
Pension plan clients
29reported
Charitable clients
3reported
Accounts
431reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
$138M for 98 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.09 fund_share=0.0 institutional_share=0.91 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Todd William GrizzleSt Louis, MoOct 30, 200226 y0
Melinda Anne TrachselSt. Louis, MoJan 1, 200622 y0
Andrew Lawes EyermanSt. Louis, MoAug 10, 202019 y1
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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • William Todd Grizzle · President And Chief Compliance Officercontrol
    since 11/2022 · owns 50% to 75%
  • Diane Hefele · Secretarycontrol
    since 06/2018 · owns less than 5%
  • Anne Melinda Trachsel · Vice President - Compliancecontrol
    since 06/2018 · owns 25% to 50%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
St Louis, Mo300
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 388 to 431
    Sep 25, 2025 to Mar 19, 2026
  • HNW clients · 53 to 55
    Sep 25, 2025 to Mar 19, 2026
  • Individual clients · 47 to 52
    Sep 25, 2025 to Mar 19, 2026
  • Pension plan clients · 26 to 29
    Sep 25, 2025 to Mar 19, 2026
  • Assets in custody · $136M to $138M
    Sep 25, 2025 to Mar 19, 2026
  • Discretionary RAUM · $1.6B to $2.0B
    Sep 25, 2025 to Mar 19, 2026
  • HNW RAUM · $146M to $175M
    Sep 25, 2025 to Mar 19, 2026
  • Individual RAUM · $18.5M to $22.0M
    Sep 25, 2025 to Mar 19, 2026
  • Non-discretionary RAUM · $83.9M to $88.1M
    Sep 25, 2025 to Mar 19, 2026
  • Pension RAUM · $1.5B to $1.8B
    Sep 25, 2025 to Mar 19, 2026
  • RAUM · $1.7B to $2.1B
    Sep 25, 2025 to Mar 19, 2026
  • Accounts · 368 to 388
    Mar 11, 2024 to Mar 25, 2025
  • HNW clients · 49 to 53
    Mar 11, 2024 to Mar 25, 2025
  • Individual clients · 48 to 47
    Mar 11, 2024 to Mar 25, 2025
  • Pension plan clients · 30 to 26
    Mar 11, 2024 to Mar 25, 2025
  • Assets in custody · $121M to $136M
    Mar 11, 2024 to Mar 25, 2025
  • Financial planning clients · 101-250 to 101-250
    Mar 11, 2024 to Mar 25, 2025
  • Discretionary RAUM · $1.5B to $1.6B
    Mar 11, 2024 to Mar 25, 2025
  • HNW RAUM · $127M to $146M
    Mar 11, 2024 to Mar 25, 2025
  • Individual RAUM · $18.6M to $18.5M
    Mar 11, 2024 to Mar 25, 2025
  • Non-discretionary RAUM · $78.3M to $83.9M
    Mar 11, 2024 to Mar 25, 2025
  • Pension RAUM · $1.3B to $1.5B
    Mar 11, 2024 to Mar 25, 2025
  • RAUM · $1.5B to $1.7B
    Mar 11, 2024 to Mar 25, 2025
  • Accounts · 349 to 368
    Mar 8, 2023 to Mar 11, 2024
  • HNW clients · 46 to 49
    Mar 8, 2023 to Mar 11, 2024
  • Pension plan clients · 31 to 30
    Mar 8, 2023 to Mar 11, 2024
  • Assets in custody · $98.9M to $121M
    Mar 8, 2023 to Mar 11, 2024
  • Financial planning clients · 51-100 to 101-250
    Mar 8, 2023 to Mar 11, 2024
  • Discretionary RAUM · $1.1B to $1.5B
    Mar 8, 2023 to Mar 11, 2024
  • HNW RAUM · $108M to $127M
    Mar 8, 2023 to Mar 11, 2024
  • Individual RAUM · $17.4M to $18.6M
    Mar 8, 2023 to Mar 11, 2024
  • Non-discretionary RAUM · $77.4M to $78.3M
    Mar 8, 2023 to Mar 11, 2024
  • Pension RAUM · $965M to $1.3B
    Mar 8, 2023 to Mar 11, 2024
  • RAUM · $1.1B to $1.5B
    Mar 8, 2023 to Mar 11, 2024
  • Accounts · 335 to 349
    Feb 14, 2023 to Mar 8, 2023
  • HNW clients · 44 to 46
    Feb 14, 2023 to Mar 8, 2023
  • Individual clients · 40 to 48
    Feb 14, 2023 to Mar 8, 2023
  • Assets in custody · $108M to $98.9M
    Feb 14, 2023 to Mar 8, 2023
  • Discretionary RAUM · $1.3B to $1.1B
    Feb 14, 2023 to Mar 8, 2023
  • HNW RAUM · $126M to $108M
    Feb 14, 2023 to Mar 8, 2023
Signals
6 dated events
  • Fiduciary Advisors, Inc. reported RAUM $1.5B, up 35% from $1.1B (2023-03-08 to 2024-03-11)
    Mar 11, 2024 · RAUM change · derived
  • Francis John Hefele (Shareholder) no longer on Schedule A of Fiduciary Advisors, Inc. (listed 2023-03-08, absent 2024-03-11)
    Mar 11, 2024 · Control person left · inference
  • Diane Hefele (Secretary) appeared on Schedule A of Fiduciary Advisors, Inc.
    Mar 8, 2023 · Control person joined · fact
  • Anne Melinda Trachsel (Vice President - Compliance) appeared on Schedule A of Fiduciary Advisors, Inc.
    Mar 8, 2023 · Control person joined · fact
  • William Todd Grizzle (President And Chief Compliance Officer) appeared on Schedule A of Fiduciary Advisors, Inc.
    Jan 11, 2023 · Control person joined · fact
  • Fiduciary Advisors, Inc. reported RAUM $996.1M, up 29% from $770.6M (2017-05-31 to 2018-03-21)
    Mar 21, 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
Website
FIDUCIARYADV.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
314-726-5150reportedpublic record, Form ADV, Mar 19, 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
Institutional managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$702Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026