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

Bristlecone Advisors LLC

Former SEC-registered adviserBellevue, WashingtonCRD 109227SEC 801-56359websiteIAPD
Latest filing Jul 11, 2025
First filing on the tape Mar 30, 2012 · 34 filings
SEC status approved since Mar 23, 1999
RAUM
$2.1B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
97%
$2.1B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
19
8 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
34 filings and snapshots on the tape
RAUM$2.1B as of Jul 11, 2025
Mar 30, 2012$964M then
HNW client RAUM$2.0B as of Jul 11, 2025
Feb 15, 2018$1.1B then
State-registered IARs (5.B.3)8 as of Jul 11, 2025
Mar 30, 20120 then
Employees (5.A)19 as of Jul 11, 2025
Mar 28, 201317 then
Private funds: no history
RAUM +11% over the last fiscal year+5.3% a year over threeIARs 9 to 8
Practice profile
derived from the filing of Jul 11, 2025; every figure names its basis
RAUM per advisor
$264MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
53derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$6.5MderivedHNW RAUM over HNW clients
Average account
$1.7MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.9%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.4derivedItem 5.A over advisors
Advisors per office
8.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+11%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+3.4%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisers, otherreportedItem 5.G
Custody
$1.2B, 259 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$2.0B96%
  • Corporations and businesses$40.6M1.9%
  • Individuals$35.9M1.7%
  • Charitable organizations$18.3M0.9%
Individual clients
113reported
HNW clients
310reported
Pension plan clients
n/areported
Charitable clients
5reported
Accounts
1,263reported
Financial planning clients
11-25reported
Wrap fee programs
noreported
Custody of client assets
$1.2B for 259 clientsreported
Compensation
% of AUM, fixedreported
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
8 left, 0 joined in 12 months
net -8 in 12 months0 left in 90 days0 joined in 90 days9 left over 36 months
Left, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Sean Kevin Berry · Partner/Ccocontrol
      since 04/2010 · owns 10% to 25%
    • George Kevin Mccandlish · Partnercontrol
      since 03/2015 · owns 5% to 10%
    • Knox Jeff Parker · Partnercontrol
      since 03/2015 · owns 5% to 10%
    • Devere Justin Rolfe · Partnercontrol
      since 08/2019 · owns 5% to 10%
    • Jon Christopher Taylor · Partnercontrol
      since 04/2010 · owns 10% to 25%
    • David Anthony Waltier · Partnercontrol
      since 04/2010 · owns 10% to 25%
    • Brennan Joseph Winkler · Partnercontrol
      since 10/2015 · owns 5% to 10%
    • B Stephanie Fox · Partner
      since 01/2020 · owns less than 5%
    • Christian Adam Guenther · Partner
      since 01/2020 · owns less than 5%
    • Adair Scott Oswald · Partner
      since 01/2020 · 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
    Bellevue, Wa · principal008
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Advisory employees · 9 to 8
      Mar 21, 2025 to Jul 11, 2025
    • Financial planning clients · 11-25 to 11-25
      Mar 21, 2025 to Jul 11, 2025
    • State-registered IARs · 9 to 8
      Mar 21, 2025 to Jul 11, 2025
    • Accounts · 1,210 to 1,263
      Mar 12, 2024 to Mar 21, 2025
    • Corporate clients · 4 to 3
      Mar 12, 2024 to Mar 21, 2025
    • HNW clients · 330 to 310
      Mar 12, 2024 to Mar 21, 2025
    • Individual clients · 79 to 113
      Mar 12, 2024 to Mar 21, 2025
    • Assets in custody · $1.1B to $1.2B
      Mar 12, 2024 to Mar 21, 2025
    • Discretionary RAUM · $1.9B to $2.1B
      Mar 12, 2024 to Mar 21, 2025
    • HNW RAUM · $1.8B to $2.0B
      Mar 12, 2024 to Mar 21, 2025
    • Individual RAUM · $17.0M to $35.9M
      Mar 12, 2024 to Mar 21, 2025
    • RAUM · $1.9B to $2.1B
      Mar 12, 2024 to Mar 21, 2025
    • Accounts · 1,142 to 1,210
      Mar 22, 2023 to Mar 12, 2024
    • Corporate clients · 5 to 4
      Mar 22, 2023 to Mar 12, 2024
    • HNW clients · 327 to 330
      Mar 22, 2023 to Mar 12, 2024
    • Individual clients · 80 to 79
      Mar 22, 2023 to Mar 12, 2024
    • Assets in custody · $381M to $1.1B
      Mar 22, 2023 to Mar 12, 2024
    • Discretionary RAUM · $1.6B to $1.9B
      Mar 22, 2023 to Mar 12, 2024
    • HNW RAUM · $1.5B to $1.8B
      Mar 22, 2023 to Mar 12, 2024
    • Individual RAUM · $23.3M to $17.0M
      Mar 22, 2023 to Mar 12, 2024
    • RAUM · $1.6B to $1.9B
      Mar 22, 2023 to Mar 12, 2024
    • Accounts · 1,050 to 1,142
      Sep 19, 2022 to Mar 22, 2023
    • Corporate clients · 6 to 5
      Sep 19, 2022 to Mar 22, 2023
    • HNW clients · 322 to 327
      Sep 19, 2022 to Mar 22, 2023
    • Assets in custody · $4.1M to $381M
      Sep 19, 2022 to Mar 22, 2023
    • Discretionary RAUM · $1.8B to $1.6B
      Sep 19, 2022 to Mar 22, 2023
    • HNW RAUM · $1.7B to $1.5B
      Sep 19, 2022 to Mar 22, 2023
    • Individual RAUM · $25.9M to $23.3M
      Sep 19, 2022 to Mar 22, 2023
    • RAUM · $1.8B to $1.6B
      Sep 19, 2022 to Mar 22, 2023
    • Other offices · 1 to 0
      Mar 11, 2022 to Sep 19, 2022
    • Accounts · 919 to 1,050
      Nov 10, 2021 to Mar 11, 2022
    • Advisory employees · 10 to 9
      Nov 10, 2021 to Mar 11, 2022
    • Charity clients · 10 to 5
      Nov 10, 2021 to Mar 11, 2022
    • HNW clients · 275 to 322
      Nov 10, 2021 to Mar 11, 2022
    • Individual clients · 90 to 80
      Nov 10, 2021 to Mar 11, 2022
    • Assets in custody · $4.3M to $4.1M
      Nov 10, 2021 to Mar 11, 2022
    • Employees · 18 to 19
      Nov 10, 2021 to Mar 11, 2022
    • State-registered IARs · 10 to 9
      Nov 10, 2021 to Mar 11, 2022
    • Discretionary RAUM · $1.5B to $1.8B
      Nov 10, 2021 to Mar 11, 2022
    • HNW RAUM · $1.3B to $1.7B
      Nov 10, 2021 to Mar 11, 2022
    Signals
    13 dated events
    • Bristlecone Advisors Llc no longer on the SEC adviser roster (last listed 2025-09-02, RAUM $2.1B)
      Dec 20, 2025 · Left the SEC roster · derived
    • Joseph Brennan Winkler left Bristlecone Advisors Llc for Corient (registered 2025-10-13)
      Oct 14, 2025 · Advisor changed firm · fact
    • Kevin George Mccandlish left Bristlecone Advisors Llc for Corient (registered 2025-10-09)
      Oct 10, 2025 · Advisor changed firm · fact
    • Kevin Sean Berry left Bristlecone Advisors Llc for Corient (registered 2025-10-07)
      Oct 7, 2025 · Advisor changed firm · fact
    • Adam Christian Guenther left Bristlecone Advisors Llc for Corient (registered 2025-10-07)
      Oct 7, 2025 · Advisor changed firm · fact
    • Anthony David Waltier left Bristlecone Advisors Llc for Corient (registered 2025-10-07)
      Oct 7, 2025 · Advisor changed firm · fact
    • Scott Adair Oswald left Bristlecone Advisors Llc for Corient (registered 2025-10-03)
      Oct 6, 2025 · Advisor changed firm · fact
    • Christopher Jon Taylor left Bristlecone Advisors Llc for Corient (registered 2025-10-03)
      Oct 6, 2025 · Advisor changed firm · fact
    • Jeff Knox Parker left Bristlecone Advisors Llc for Corient (registered 2025-10-03)
      Oct 6, 2025 · Advisor changed firm · fact
    • Bristlecone Advisors LLC's advisors moved to Corient (Bellevue, WA): 8 of 8 registered, within 8 days
      Oct 6, 2025 · Firm absorbed (people side) · derived
    • Justin Devere Rolfe left Bristlecone Advisors Llc for Rare Wolf Capital Llc (registered 2025-06-05)
      Jun 5, 2025 · Advisor changed firm · fact
    • Dale Larry Kinner (Partner) no longer on Schedule A of Bristlecone Advisors Llc (listed 2021-03-18, absent 2021-11-10)
      Nov 10, 2021 · Control person left · inference
    • Devere Justin Rolfe (Partner) appeared on Schedule A of Bristlecone Advisors Llc
      Sep 24, 2019 · Control person joined · fact
    Across DFX
    shared identifiers only, never a name match
    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