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

Alm First Financial Advisors LLC

Other adviserDallas, TexasCRD 108561SEC 801-57980websiteIAPD
Latest filing Mar 30, 2026
First filing on the tape Mar 27, 2012 · 25 filings
SEC status approved since Sep 22, 2000
RAUM
$76B
reported, Item 5.F
Discretionary
3.0%
of RAUM
Private clients
0.1%
$39.7M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
23
10 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
3
reported on Schedule D
History
25 filings and snapshots on the tape
RAUM$76B as of Mar 30, 2026
Mar 27, 2012$16B then
HNW client RAUM$39.7M as of Mar 30, 2026
Mar 23, 2021$62.8M then
State-registered IARs (5.B.3)0 as of Mar 30, 2026
Mar 27, 20120 then
Employees (5.A)23 as of Mar 30, 2026
Jan 22, 201330 then
Private funds3 as of Mar 30, 2026
Mar 31, 20251 then
RAUM +11% over the last fiscal year+0.9% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 30, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$39.7MderivedHNW RAUM over HNW clients
Average account
$403MderivedRAUM over accounts (5.F.2.f)
Discretionary
3.0%derivedof RAUM
Institutional
2.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+11%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehicles, publications, educational seminarsreportedItem 5.G
Custody
$38.3M, 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
  • 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)
  • an independent public accountant performs a surprise examination (9.C.1)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Banks and thrifts$75B98%
  • Insurance companies$1.5B2.0%
  • Pooled investment vehicles$42.0M0.1%
  • High-net-worth individuals$39.7M0.1%
Individual clients
n/areported
HNW clients
1reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
189reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$38.3M for 1 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.0 fund_share=0.0 institutional_share=0.02 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
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
      • Justin Dausch · Chief Compliance Officercontrol
        since 09/2023 · owns less than 5%
      • Eddon Michael Ensweiler · Principalcontrol
        since 06/2013 · owns less than 5%
      • Arthur John Graf · Directorcontrol
        since 11/2015 · owns less than 5%
      • William Jason Haley · Chief Investment Officercontrol
        since 01/2020 · owns less than 5%
      • More Emily Hollis · Managing Partner, Ceocontrol
        since 07/2001 · owns less than 5%
      • Mohan Vikas Kalra · Platform Directorcontrol
        since 04/2020 · owns less than 5%
      • Robert Perry · Principalcontrol
        since 11/2015 · owns less than 5%
      • Walter Frederick Brazelton · Platform Directorcontrol
        since 07/2018 · owns F of Alm First Group, LLC
      • Eugene Travis Goodman · Managing Membercontrol
        since 07/2018 · owns F of Alm First Group, LLC
      • Arthur John Graf · Rambler Directorcontrol
        since 07/2018 · owns F of Alm First Group, LLC
      • More Emily Hollis · Directorcontrol
        since 07/2018 · owns 25% to 50% of Alm First Group, LLC
      • Mohan Vikas Kalra · Platform Directorcontrol
        since 07/2018 · owns F of Alm First Group, LLC
      Entity owners
      • Alm First Group, LLC · Member
        direct · owns 75% or more
      • Platform Alm Holdings, LLC · Director
        indirect · owns 25% to 50% of Alm First Group, LLC
      Related persons
      Schedule D 7.A
      • Alm First Executive Benefits, LLC
        real estaten
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • low discretionary shareStatic outlier · filing Mar 30, 2026
        discretionary share of RAUM of 3% against a peer median of 100% (120 comparable advisers, 2.0th percentile, 32.6 robust deviations)
        peers: other advisers, $20B and over (120) · 1.7% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 160 to 189
        Jan 26, 2026 to Mar 30, 2026
      • Pooled vehicle clients · 1 to 3
        Jan 26, 2026 to Mar 30, 2026
      • Assets in custody · $28.9M to $38.3M
        Jan 26, 2026 to Mar 30, 2026
      • Private funds · 1 to 3
        Jan 26, 2026 to Mar 30, 2026
      • Discretionary RAUM · $1.8B to $2.3B
        Jan 26, 2026 to Mar 30, 2026
      • HNW RAUM · $78.9M to $39.7M
        Jan 26, 2026 to Mar 30, 2026
      • Non-discretionary RAUM · $67B to $74B
        Jan 26, 2026 to Mar 30, 2026
      • Pooled vehicle RAUM · $28.9M to $42.0M
        Jan 26, 2026 to Mar 30, 2026
      • RAUM · $69B to $76B
        Jan 26, 2026 to Mar 30, 2026
      • Financial planning clients · unset to
        Jul 15, 2024 to Mar 31, 2025
      • Accounts · 217 to 160
        Jul 15, 2024 to Mar 31, 2025
      • Advisory activities · 3 to 4
        Jul 15, 2024 to Mar 31, 2025
      • Pooled vehicle clients · unset to 1.0
        Jul 15, 2024 to Mar 31, 2025
      • Assets in custody · $25.0M to $28.9M
        Jul 15, 2024 to Mar 31, 2025
      • Employees · 21 to 23
        Jul 15, 2024 to Mar 31, 2025
      • Private funds · unset to 1
        Jul 15, 2024 to Mar 31, 2025
      • Discretionary RAUM · $1.5B to $1.8B
        Jul 15, 2024 to Mar 31, 2025
      • HNW RAUM · $108M to $78.9M
        Jul 15, 2024 to Mar 31, 2025
      • Non-discretionary RAUM · $67B to $67B
        Jul 15, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · unset to 28877765.0
        Jul 15, 2024 to Mar 31, 2025
      • RAUM · $69B to $69B
        Jul 15, 2024 to Mar 31, 2025
      • Assets in custody · unset to 25000000.0
        Mar 29, 2024 to Jul 15, 2024
      • Custody of client assets · false to true
        Mar 29, 2024 to Jul 15, 2024
      • Accounts · 212 to 217
        Sep 18, 2023 to Mar 29, 2024
      • Advisory activities · 4 to 3
        Sep 18, 2023 to Mar 29, 2024
      • Discretionary RAUM · $2.0B to $1.5B
        Sep 18, 2023 to Mar 29, 2024
      • HNW RAUM · $14.0M to $108M
        Sep 18, 2023 to Mar 29, 2024
      • Non-discretionary RAUM · $72B to $67B
        Sep 18, 2023 to Mar 29, 2024
      • RAUM · $74B to $69B
        Sep 18, 2023 to Mar 29, 2024
      • Accounts · 191 to 212
        Mar 30, 2022 to Mar 31, 2023
      • Advisory activities · 3 to 4
        Mar 30, 2022 to Mar 31, 2023
      • Employees · 14 to 21
        Mar 30, 2022 to Mar 31, 2023
      • Discretionary RAUM · $7.0B to $2.0B
        Mar 30, 2022 to Mar 31, 2023
      • HNW RAUM · $75.3M to $14.0M
        Mar 30, 2022 to Mar 31, 2023
      • Non-discretionary RAUM · $61B to $72B
        Mar 30, 2022 to Mar 31, 2023
      • RAUM · $68B to $74B
        Mar 30, 2022 to Mar 31, 2023
      • Accounts · 159 to 191
        Mar 23, 2021 to Mar 30, 2022
      • Discretionary RAUM · $5.9B to $7.0B
        Mar 23, 2021 to Mar 30, 2022
      • HNW RAUM · $62.8M to $75.3M
        Mar 23, 2021 to Mar 30, 2022
      • Non-discretionary RAUM · $45B to $61B
        Mar 23, 2021 to Mar 30, 2022
      Signals
      8 dated events
      • Justin Dausch (Chief Compliance Officer) appeared on Schedule A of Alm First Financial Advisors Llc
        Sep 18, 2023 · Control person joined · fact
      • Alm First Financial Advisors Llc reported RAUM $68.3B, up 34% from $51.0B (2021-03-23 to 2022-03-30)
        Mar 30, 2022 · RAUM change · derived
      • Mohan Vikas Kalra (Platform Director) appeared on Schedule A of Alm First Financial Advisors Llc
        Mar 30, 2022 · Control person joined · fact
      • Alm First Financial Advisors Llc reported RAUM $51.0B, up 88% from $27.2B (2020-08-17 to 2021-03-23)
        Mar 23, 2021 · RAUM change · derived
      • Scott Kevin Kirksey (Chief Compliance Officer) no longer on Schedule A of Alm First Financial Advisors Llc (listed 2020-03-24, absent 2020-05-20)
        May 20, 2020 · Control person left · inference
      • Carter Justin Dausch (Chief Compliance Officer) appeared on Schedule A of Alm First Financial Advisors Llc
        May 20, 2020 · Control person joined · fact
      • Alm First Financial Advisors Llc reported RAUM $27.2B, up 44% from $18.8B (2019-02-21 to 2020-03-23)
        Mar 23, 2020 · RAUM change · derived
      • William Jason Haley (Chief Investment Officer) appeared on Schedule A of Alm First Financial Advisors Llc
        Mar 23, 2020 · Control person joined · 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
      Firm profile
      linkedin.com/company/alm-firstreportedpublic record, Form ADV, Sep 18, 2026
      Website
      ALMFIRST.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      800-752-4628reportedpublic record, Form ADV, Mar 30, 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
      Other adviserderiveda 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