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
Financial Directions LLC
Latest filing Mar 24, 2026
First filing on the tape Mar 30, 2012 · 17 filings
SEC status approved since Oct 18, 1999
RAUM
$738M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$738M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$246M
derived; firm RAUM over IAPD count
Employees
3
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
17 filings and snapshots on the tape
RAUM$738M as of Mar 24, 2026
Mar 30, 2012$158M then
HNW client RAUM$453M as of Mar 24, 2026
Mar 29, 2018$90.0M then
State-registered IARs (5.B.3)3 as of Mar 24, 2026
Mar 30, 20120 then
Employees (5.A)3 as of Mar 24, 2026
Mar 5, 20136 then
Private funds: no history
RAUM +9.7% over the last fiscal year+9.9% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Mar 24, 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
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $246MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 829derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.9MderivedHNW RAUM over HNW clients
- Average account
- $296,562derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%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
- 3.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +9.7%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -26%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- portfolio management for individualsreportedItem 5.G
- 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$453M61%
- Individuals$285M39%
- Individual clients
- 2,332reported
- HNW clients
- 156reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 2,488reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- 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
3 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Christopher Michael Hambacher | Tucson, Az | Nov 20, 2020 | 17 y | 0 |
| Mary Lee Cherba | Tucson, Az | Jun 24, 2022 | 27 y | 0 |
| Stanton William Spackeen | Tucson, Az | Sep 19, 2022 | 36 y | 0 |
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
none on the tape
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Lee Mary Cherba · Chief Compliance Officercontrolsince 09/2005 · owns less than 5%
- Bertram Frank Griffith · Member Retiredcontrolsince 03/2014 · owns 50% to 75%
- William Stanton Spackeen · Managing Membercontrolsince 03/1996 · 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
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Tucson, Az · principal | 3 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
2 against comparable advisers; where to look, not conclusions
- clients down average size upCombination · filing Mar 24, 2026private clients fell 20 percent or more while RAUM per client rose 30 percent or more: a move up-market or the departure of small accounts. RAUM $672,472,149 to $737,846,215, advisors 3 to 3, private clients 3344 to 2488, offices 0 to 0 (2025-03-05 to 2026-03-24)peers: independent wealth managers, $500M to $1B (1,483)
- unusually high clients per advisorStatic outlier · filing Mar 24, 2026private clients per advisor of 829.3 against a peer median of 63.7 (1211 comparable advisers, 100.0th percentile, 20.6 robust deviations)peers: independent wealth managers, $500M to $1B (1,211) · 100% percentile
What changed
consecutive filings, newest first
- Accounts · 3,200 to 2,488Mar 5, 2025 to Mar 24, 2026
- HNW clients · 144 to 156Mar 5, 2025 to Mar 24, 2026
- Individual clients · 3,200 to 2,332Mar 5, 2025 to Mar 24, 2026
- Discretionary RAUM · $672M to $738MMar 5, 2025 to Mar 24, 2026
- HNW RAUM · $400M to $453MMar 5, 2025 to Mar 24, 2026
- Individual RAUM · $273M to $285MMar 5, 2025 to Mar 24, 2026
- RAUM · $672M to $738MMar 5, 2025 to Mar 24, 2026
- Accounts · 3,753 to 3,200Mar 25, 2024 to Mar 5, 2025
- HNW clients · 111 to 144Mar 25, 2024 to Mar 5, 2025
- Individual clients · 3,642 to 3,200Mar 25, 2024 to Mar 5, 2025
- Financial planning clients · 0 to 0Mar 25, 2024 to Mar 5, 2025
- Discretionary RAUM · $561M to $672MMar 25, 2024 to Mar 5, 2025
- HNW RAUM · $287M to $400MMar 25, 2024 to Mar 5, 2025
- Individual RAUM · $274M to $273MMar 25, 2024 to Mar 5, 2025
- RAUM · $561M to $672MMar 25, 2024 to Mar 5, 2025
- Accounts · 3,665 to 3,753Mar 21, 2023 to Mar 25, 2024
- Advisory employees · 4 to 3Mar 21, 2023 to Mar 25, 2024
- HNW clients · 98 to 111Mar 21, 2023 to Mar 25, 2024
- Individual clients · 3,567 to 3,642Mar 21, 2023 to Mar 25, 2024
- Employees · 4 to 3Mar 21, 2023 to Mar 25, 2024
- Discretionary RAUM · $557M to $561MMar 21, 2023 to Mar 25, 2024
- HNW RAUM · $241M to $287MMar 21, 2023 to Mar 25, 2024
- Individual RAUM · $315M to $274MMar 21, 2023 to Mar 25, 2024
- RAUM · $557M to $561MMar 21, 2023 to Mar 25, 2024
- Accounts · 2,721 to 3,665Mar 29, 2022 to Mar 21, 2023
- Advisory employees · 6 to 4Mar 29, 2022 to Mar 21, 2023
- HNW clients · 102 to 98Mar 29, 2022 to Mar 21, 2023
- Individual clients · 2,619 to 3,567Mar 29, 2022 to Mar 21, 2023
- Employees · 6 to 4Mar 29, 2022 to Mar 21, 2023
- State-registered IARs · 0 to 3Mar 29, 2022 to Mar 21, 2023
- Discretionary RAUM · $535M to $557MMar 29, 2022 to Mar 21, 2023
- HNW RAUM · $240M to $241MMar 29, 2022 to Mar 21, 2023
- Individual RAUM · $295M to $315MMar 29, 2022 to Mar 21, 2023
- RAUM · $535M to $557MMar 29, 2022 to Mar 21, 2023
- Accounts · 1,777 to 2,721Mar 23, 2021 to Mar 29, 2022
- Advisory employees · 7 to 6Mar 23, 2021 to Mar 29, 2022
- Advisory activities · 2 to 1Mar 23, 2021 to Mar 29, 2022
- BD registered reps · 4 to 0Mar 23, 2021 to Mar 29, 2022
- HNW clients · 76 to 102Mar 23, 2021 to Mar 29, 2022
- Individual clients · 1,701 to 2,619Mar 23, 2021 to Mar 29, 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
- Business phone
- 520-408-7777reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- LINKEDIN.COM/COMPANY/FINANCIAL-DIRECTIONS-LLCreportedpublic record, Form ADV, Sep 17, 2026
- Website
- FINANCIALDIRECTIONSLLC.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 520-408-7777reportedpublic record, Form ADV, Mar 24, 2026
- Contact form
- financialdirectionsllc.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
- Team page
- financialdirectionsllc.com/about/our-teamreportedpublished by the firm, firm site, Sep 15, 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
- $246Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026