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.

Former SEC-registered adviser

Boulder Investment Advisers LLC

Former SEC-registered adviserBoulder, ColoradoCRD 108745SEC 801-56515IAPD
Latest filing Mar 26, 2015
First filing on the tape Mar 30, 2012 · 6 filings
RAUM
$917M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
12
6 advisory (5.B.1)
Offices
n/a
beyond the principal office
Private funds
0
reported on Schedule D
History
6 filings and snapshots on the tape
RAUM$917M as of Mar 26, 2015
Mar 30, 2012$638M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 26, 2015
Mar 30, 20120 then
Employees (5.A)12 as of Mar 26, 2015
Mar 27, 201310 then
Private funds: no history
RAUM +7.8% over the last fiscal year+13% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 26, 2015; 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
unknownderivedHNW RAUM over HNW clients
Average account
$306MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%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
+7.8%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 assetsreportedItem 5.E
Advisory activities
portfolio management for investment companiesreportedItem 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)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
This filing has no Item 5.D breakdown (filings before 2017 reported ranges, not amounts).
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
3reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
absent from the latest SEC rosterderived
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
      Every departureEvery arrival
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • James Brendon Fischer · Assistant Investment Officercontrol
        since 03/2012 · owns less than 5%
      • Ralph Stewart Horejsi · Chief Investment Officercontrol
        since 04/1999 · owns less than 5%
      • Walter Joel Looney · Assistant Investment Officercontrol
        since 10/2013 · owns less than 5%
      • Carl Stephen Miller · President/Manager, Chief Compliance Officercontrol
        since 04/1999 · owns less than 5%
      • Larraine Nicole Murphey · Vice President/Treasurercontrol
        since 01/2011 · owns less than 5%
      • L. Susan Ciciora · Trusteecontrol
        since 11/1994 · owns F of Lola Brown Trust No. 1b
      • Larry Dunlap · Trusteecontrol
        since 07/1990 · owns F of Lola Brown Trust No. 1b
      Entity owners
      • Evergreen Atlantic, L.L.C. · Member
        direct · owns 50% to 75%
      • Lola Brown Trust No. 1b · Member
        direct · owns 50% to 75%
      • Alaska Trust Company · Trustee
        indirect · owns F of Lola Brown Trust No. 1b
      • Alaska Trust Company · Trustee
        indirect · owns F of Stewart West Indies Trust
      • Alaska Trust Company · Trustee
        indirect · owns F of Susan L. Ciciora Trust
      • Stewart West Indies Trust · Stockholder
        indirect · owns 75% or more of Alaska Trust Company
      • Stewart West Indies Trust · Member
        indirect · owns 50% to 75% of Evergreen Atlantic L.L.C.
      • Susan L. Ciciora Trust · Member
        indirect · owns 25% to 50% of Evergreen Atlantic L.L.C.
      Related persons
      Schedule D 7.A
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Advisory employees · 9 to 6
        Mar 27, 2014 to Mar 26, 2015
      • Insurance-licensed employees · 0 to 2
        Mar 27, 2014 to Mar 26, 2015
      • Discretionary RAUM · $851M to $917M
        Mar 27, 2014 to Mar 26, 2015
      • RAUM · $851M to $917M
        Mar 27, 2014 to Mar 26, 2015
      • Discretionary RAUM · $706M to $851M
        Oct 1, 2013 to Mar 27, 2014
      • RAUM · $706M to $851M
        Oct 1, 2013 to Mar 27, 2014
      • Advisory employees · 5 to 9
        Mar 27, 2013 to Oct 1, 2013
      • Employees · 10 to 12
        Mar 27, 2013 to Oct 1, 2013
      • Employees · 9 to 10
        Nov 12, 2012 to Mar 27, 2013
      • Discretionary RAUM · $690M to $706M
        Nov 12, 2012 to Mar 27, 2013
      • RAUM · $690M to $706M
        Nov 12, 2012 to Mar 27, 2013
      • Advisory employees · unset to 5.0
        Mar 30, 2012 to Nov 12, 2012
      • Employees · unset to 9.0
        Mar 30, 2012 to Nov 12, 2012
      • Discretionary RAUM · $638M to $690M
        Mar 30, 2012 to Nov 12, 2012
      • RAUM · $638M to $690M
        Mar 30, 2012 to Nov 12, 2012
      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.
      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
      Former SEC-registered 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