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

Index Fund Advisors, Inc.

Independent wealth managerIrvine, CaliforniaCRD 109143SEC 801-57978websiteIAPD
Latest filing Mar 25, 2026
First filing on the tape Mar 27, 2012 · 60 filings
SEC status approved since Sep 28, 2000
RAUM
$5.9B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
88%
$5.2B individuals and HNW
Advisors
17
registered through the firm on IAPD
RAUM per advisor
$349M
derived; firm RAUM over IAPD count
Employees
50
30 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
60 filings and snapshots on the tape
RAUM$5.9B as of Mar 25, 2026
Mar 27, 2012$1.4B then
HNW client RAUM$4.4B as of Mar 25, 2026
Mar 23, 2018$2.9B then
State-registered IARs (5.B.3)17 as of Mar 25, 2026
Feb 27, 201313 then
Employees (5.A)50 as of Mar 25, 2026
Feb 27, 201339 then
Private funds: no history
RAUM +11% over the last fiscal year+11% a year over threeIARs 16 to 17
Practice profile
derived from the filing of Mar 25, 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
  • Planning-led practice · financial planning activity (5.G.1), at least 100 financial planning clients (5.H), and hourly, fixed or subscription compensation (5.E)
RAUM per advisor
$349MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
123derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.8MderivedHNW RAUM over HNW clients
Average account
$889,812derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
12%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.9derivedItem 5.A over advisors
Advisors per office
17.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+11%derivedbetween the last two annual amendments
Advisor growth, one year
+6.3%derivedItem 5.B.3 between annual amendments
Client growth, one year
-10%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, publications, educational seminarsreportedItem 5.G
Financial planning clients
1,500reportedItem 5.H
Custody
$1.6B, 1,003 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)
  • 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)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$4.4B73%
  • Individuals$891M15%
  • Charitable organizations$481M8.1%
  • Pension and profit-sharing plans$205M3.5%
Individual clients
1,186reported
HNW clients
909reported
Pension plan clients
12reported
Charitable clients
52reported
Accounts
6,664reported
Financial planning clients
1,500reported
Wrap fee programs
noreported
Custody of client assets
$1.6B for 1,003 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.88 fund_share=0.0 institutional_share=0.12 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
17 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Mark Thomas HebnerIrvine, CaSep 27, 199927 y0
Gordon Leroy ShulerIrvine, CaNov 12, 200335 y0
Mary Elizabeth BrunsonIrvine, CaApr 20, 200719 y0
Denise Georgia DelaneyCertified Financial PlannerIrvine, CaAug 7, 200738 y1
Venkat YarlagaddaRedmond, Wa Mar 17, 200819 y1
Anne Elizabeth PageIrvine, CaFeb 29, 201216 y0
Neal Patrick RutterIrvine, CaOct 29, 201518 y2
Daniel ChongCertified Financial PlannerIrvine, CaJan 28, 201619 y1
Derick Lee KannCertified Financial Planner, Chartered Financial ConsultantIrvine, Ca Feb 18, 201628 y2
Wesley Robert LongIrvine, CaAug 17, 201636 y1
Shareen Marie BalkeyIrvine, CaMar 27, 201727 y3
Bridget Aline QuijadaIrvine, CaOct 9, 201822 y3
Jeffrey Robert SimsCertified Financial PlannerIrvine, CaJan 26, 202210 y0
Kerrie A Doughty-LloydIrvine, CaApr 13, 202335 y3
Mark James HigginsCertified Financial Planner, Chartered Financial AnalystIrvine, Ca Aug 21, 202314 y0
Elizabeth Marie BrunsonIrvine, CaApr 30, 202511 y0
David Christopher YorkCertified Financial PlannerIrvine, Ca Jul 22, 202513 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 headcount4 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Thomas Mark Hebner · Chief Executive Officercontrol
      since 03/1999 · owns 75% or more
    • Alexander Trevor Kensey · Co-Chf Compliance, Mkting And Advertisingcontrol
      since 08/2020 · owns less than 5%
    • Robert Wesley Long · Presidentcontrol
      since 04/2022 · owns less than 5%
    • Lynn Cynthia Mason · Chief Financial Officercontrol
      since 12/2008 · owns less than 5%
    • Louise Michelle Ojeda · Co-Chief Compliance Officercontrol
      since 07/2019 · owns less than 5%
    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 · principal1700
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 7,146 to 6,664
      Oct 8, 2025 to Mar 25, 2026
    • Charity clients · 53 to 52
      Oct 8, 2025 to Mar 25, 2026
    • HNW clients · 931 to 909
      Oct 8, 2025 to Mar 25, 2026
    • Individual clients · 1,405 to 1,186
      Oct 8, 2025 to Mar 25, 2026
    • Pension plan clients · 14 to 12
      Oct 8, 2025 to Mar 25, 2026
    • Assets in custody · $963M to $1.6B
      Oct 8, 2025 to Mar 25, 2026
    • State-registered IARs · 16 to 17
      Oct 8, 2025 to Mar 25, 2026
    • Discretionary RAUM · $5.3B to $5.9B
      Oct 8, 2025 to Mar 25, 2026
    • HNW RAUM · $3.9B to $4.4B
      Oct 8, 2025 to Mar 25, 2026
    • Individual RAUM · $938M to $891M
      Oct 8, 2025 to Mar 25, 2026
    • Pension RAUM · $171M to $205M
      Oct 8, 2025 to Mar 25, 2026
    • RAUM · $5.3B to $5.9B
      Oct 8, 2025 to Mar 25, 2026
    • Accounts · 7,193 to 7,146
      Mar 27, 2024 to Mar 19, 2025
    • Advisory employees · 32 to 30
      Mar 27, 2024 to Mar 19, 2025
    • Charity clients · 50 to 53
      Mar 27, 2024 to Mar 19, 2025
    • HNW clients · 905 to 931
      Mar 27, 2024 to Mar 19, 2025
    • Individual clients · 1,455 to 1,405
      Mar 27, 2024 to Mar 19, 2025
    • Pension plan clients · 9 to 14
      Mar 27, 2024 to Mar 19, 2025
    • Assets in custody · $1.0B to $963M
      Mar 27, 2024 to Mar 19, 2025
    • Employees · 55 to 50
      Mar 27, 2024 to Mar 19, 2025
    • Financial planning clients · More than 500 to More than 500
      Mar 27, 2024 to Mar 19, 2025
    • State-registered IARs · 18 to 16
      Mar 27, 2024 to Mar 19, 2025
    • Discretionary RAUM · $5.0B to $5.3B
      Mar 27, 2024 to Mar 19, 2025
    • HNW RAUM · $3.6B to $3.9B
      Mar 27, 2024 to Mar 19, 2025
    • Individual RAUM · $928M to $938M
      Mar 27, 2024 to Mar 19, 2025
    • Pension RAUM · $136M to $171M
      Mar 27, 2024 to Mar 19, 2025
    • RAUM · $5.0B to $5.3B
      Mar 27, 2024 to Mar 19, 2025
    • Accounts · 6,756 to 7,193
      Feb 9, 2024 to Mar 27, 2024
    • Advisory employees · 26 to 32
      Feb 9, 2024 to Mar 27, 2024
    • HNW clients · 826 to 905
      Feb 9, 2024 to Mar 27, 2024
    • Individual clients · 1,566 to 1,455
      Feb 9, 2024 to Mar 27, 2024
    • Assets in custody · $1.2B to $1.0B
      Feb 9, 2024 to Mar 27, 2024
    • Employees · 50 to 55
      Feb 9, 2024 to Mar 27, 2024
    • State-registered IARs · 16 to 18
      Feb 9, 2024 to Mar 27, 2024
    • Other offices · 1 to 0
      Feb 9, 2024 to Mar 27, 2024
    • Discretionary RAUM · $4.4B to $5.0B
      Feb 9, 2024 to Mar 27, 2024
    • HNW RAUM · $3.1B to $3.6B
      Feb 9, 2024 to Mar 27, 2024
    • Individual RAUM · $882M to $928M
      Feb 9, 2024 to Mar 27, 2024
    • Pension RAUM · $107M to $136M
      Feb 9, 2024 to Mar 27, 2024
    • RAUM · $4.4B to $5.0B
      Feb 9, 2024 to Mar 27, 2024
    Signals
    9 dated events
    • Sunni Danae Allen left Index Fund Advisors, Inc. for Three Arch Wealth Management Llc (registered 2025-01-09)
      Jan 10, 2025 · Advisor changed firm · fact
    • Tyler Richard Vasquez left Index Fund Advisors, Inc. for Three Arch Wealth Management Llc (registered 2025-08-06)
      Jan 10, 2025 · Advisor changed firm · fact
    • Becky Rees Vasquez left Index Fund Advisors, Inc. for Three Arch Wealth Management Llc (registered 2025-01-08)
      Jan 10, 2025 · Advisor changed firm · fact
    • 3 advisors left Index Fund Advisors, Inc. (Irvine, CA) for Three Arch Wealth Management LLC on the same day
      Jan 10, 2025 · Team lift-out · derived
    • Timmy Lee Baker left Index Fund Advisors, Inc. for Wealthcare Advisory Partners Llc (registered 2024-06-04)
      Mar 26, 2024 · Advisor changed firm · fact
    • Alexander Kensey Trevor (Co-Chf Compliance Officer, Mkting And Advertising) appeared on Schedule A of Index Fund Advisors, Inc.
      Aug 4, 2020 · Control person joined · fact
    • Robert Sean Dignan (Co-Chf Compliance Officer, Mkting And Advertising) no longer on Schedule A of Index Fund Advisors, Inc. (listed 2020-06-30, absent 2020-08-04)
      Aug 4, 2020 · Control person left · inference
    • Robert Sean Dignan (Co-Chf Compliance Officer, Mkting And Advertising) appeared on Schedule A of Index Fund Advisors, Inc.
      Aug 26, 2019 · Control person joined · fact
    • Index Funds Advisors, Inc. reported succeeding to the business of Another Adviser (Form ADV Item 4)
      Jul 3, 2013 · Succession (Item 4) · 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/investing-for-catholicsreportedpublic record, Form ADV, Sep 17, 2026
    Firm profile
    linkedin.com/company/ifa-taxes-llcreportedpublic record, Form ADV, Sep 17, 2026
    Website
    ifainstitutional.comreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    949-502-0050reportedpublic record, Form ADV, Mar 25, 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
    $349Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026