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.

The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.

Former SEC-registered adviser

M••• W••••• M••••••••• L••

Former SEC-registered adviserAustin, TexasCRD 109359SEC 801-57128IAPD
Legal name M• • R• W••••• M••••••••• L••
Latest filing Mar 5, 2024
First filing on the tape Mar 30, 2012 · 32 filings
RAUM
$1.8B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
94%
$1.7B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
24
8 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
32 filings and snapshots on the tape
RAUM$1.8B as of Mar 5, 2024
Mar 30, 2012$350M then
HNW client RAUM$1.6B as of Mar 5, 2024
Mar 6, 2018$826M then
State-registered IARs (5.B.3)15 as of Mar 5, 2024
Mar 23, 20139 then
Employees (5.A)24 as of Mar 5, 2024
Mar 23, 201310 then
Private funds: no history
RAUM +16% over the last fiscal year+10% a year over threeIARs 16 to 15
Practice profile
derived from the filing of Mar 5, 2024; every figure names its basis
RAUM per advisor
$119MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
45derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.0MderivedHNW RAUM over HNW clients
Average account
$753,631derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
5.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.6derivedItem 5.A over advisors
Advisors per office
7.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+16%derivedbetween the last two annual amendments
Advisor growth, one year
-6.3%derivedItem 5.B.3 between annual amendments
Client growth, one year
+2.0%derived
Compensation
percentage of assets, hourlyreportedItem 5.E
Advisory activities
portfolio management for individuals, pension consultingreportedItem 5.G
Custody
$605M, 352 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$1.6B88%
  • Individuals$110M6.1%
  • Charitable organizations$104M5.8%
  • Corporations and businesses$623,8440.0%
Individual clients
286reported
HNW clients
390reported
Pension plan clients
0reported
Charitable clients
8reported
Accounts
2,375reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$605M for 352 clientsreported
Compensation
% of AUM, hourlyreported
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
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
    • H•••••• S•••••• L•• · Treasurercontrol
      since 09/2016 · owns less than 5%
    • K•••••• S•••••• W•••• · Presidentcontrol
      since 06/2000 · owns less than 5%
    • S••••• S•••••• V••• · Secretarycontrol
      since 09/2016 · owns less than 5%
    • W•••••• S••••• C•••••••• · Chief Compliance Officercontrol
      since 07/2017 · owns less than 5%
    • K•••••• S•••••• W•••• · Partner/Presidentcontrol
      since 01/1999 · owns 25% to 50% of M•••••• L•••• • R••••• L••
    Entity owners
    • M•••••• L•••• • R••••• L•• · Managing Member
      direct · owns 75% or more
    Related persons
    Schedule D 7.A
    • M•••••• L•••• • R••••• L••
      insurancey
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    A•••••, Tx · principal000
    Offices
    Schedule D 1.F, the 25 largest
    • Round Rock, TX7 employees
    What changed
    consecutive filings, newest first
    • Accounts · 2,213 to 2,375
      Aug 29, 2023 to Mar 5, 2024
    • Advisory employees · 9 to 8
      Aug 29, 2023 to Mar 5, 2024
    • Corporate clients · 6 to 7
      Aug 29, 2023 to Mar 5, 2024
    • HNW clients · 374 to 390
      Aug 29, 2023 to Mar 5, 2024
    • Individual clients · 289 to 286
      Aug 29, 2023 to Mar 5, 2024
    • Assets in custody · $560M to $605M
      Aug 29, 2023 to Mar 5, 2024
    • Employees · 25 to 24
      Aug 29, 2023 to Mar 5, 2024
    • Financial planning clients · 1-10 to 0
      Aug 29, 2023 to Mar 5, 2024
    • State-registered IARs · 16 to 15
      Aug 29, 2023 to Mar 5, 2024
    • Discretionary RAUM · $1.5B to $1.8B
      Aug 29, 2023 to Mar 5, 2024
    • HNW RAUM · $1.3B to $1.6B
      Aug 29, 2023 to Mar 5, 2024
    • Individual RAUM · $97.1M to $110M
      Aug 29, 2023 to Mar 5, 2024
    • Non-discretionary RAUM · $9.9M to $4.8M
      Aug 29, 2023 to Mar 5, 2024
    • RAUM · $1.5B to $1.8B
      Aug 29, 2023 to Mar 5, 2024
    • Accounts · 1,789 to 2,213
      Mar 14, 2022 to Mar 7, 2023
    • Advisory employees · 7 to 9
      Mar 14, 2022 to Mar 7, 2023
    • Corporate clients · 7 to 6
      Mar 14, 2022 to Mar 7, 2023
    • HNW clients · 326 to 374
      Mar 14, 2022 to Mar 7, 2023
    • Individual clients · 270 to 289
      Mar 14, 2022 to Mar 7, 2023
    • Assets in custody · $477M to $560M
      Mar 14, 2022 to Mar 7, 2023
    • Employees · 19 to 25
      Mar 14, 2022 to Mar 7, 2023
    • Financial planning clients · unset to 1-10
      Mar 14, 2022 to Mar 7, 2023
    • State-registered IARs · 15 to 16
      Mar 14, 2022 to Mar 7, 2023
    • Discretionary RAUM · $1.5B to $1.5B
      Mar 14, 2022 to Mar 7, 2023
    • HNW RAUM · $1.3B to $1.3B
      Mar 14, 2022 to Mar 7, 2023
    • Individual RAUM · $90.6M to $97.1M
      Mar 14, 2022 to Mar 7, 2023
    • Non-discretionary RAUM · $9.2M to $9.9M
      Mar 14, 2022 to Mar 7, 2023
    • RAUM · $1.5B to $1.5B
      Mar 14, 2022 to Mar 7, 2023
    • Accounts · 1,969 to 1,789
      Oct 26, 2021 to Mar 11, 2022
    • Advisory employees · 6 to 7
      Oct 26, 2021 to Mar 11, 2022
    • Charity clients · 12 to 8
      Oct 26, 2021 to Mar 11, 2022
    • Corporate clients · 0 to 7
      Oct 26, 2021 to Mar 11, 2022
    • HNW clients · 280 to 326
      Oct 26, 2021 to Mar 11, 2022
    • Individual clients · 255 to 270
      Oct 26, 2021 to Mar 11, 2022
    • Assets in custody · $493M to $477M
      Oct 26, 2021 to Mar 11, 2022
    • Employees · 16 to 19
      Oct 26, 2021 to Mar 11, 2022
    • State-registered IARs · 13 to 15
      Oct 26, 2021 to Mar 11, 2022
    • Discretionary RAUM · $1.3B to $1.5B
      Oct 26, 2021 to Mar 11, 2022
    • HNW RAUM · $1.2B to $1.3B
      Oct 26, 2021 to Mar 11, 2022
    • Individual RAUM · $87.6M to $90.6M
      Oct 26, 2021 to Mar 11, 2022
    Signals
    16 dated events
    • M••• W••••• M••••••••• L••'s advisors moved to C••••••• P••••••• (Austin, TX): 11 of 11 registered, on the same day
      May 29, 2024 · Firm absorbed (people side) · derived
    • K••• L•••• S•••• left M••• W••••• M••••••••• L•• for C••••••• P••••••• (registered 2024-04-02)
      May 29, 2024 · Advisor changed firm · fact
    • S••••• V••• S•••• left M••• W••••• M••••••••• L•• for C••••••• P••••••• (registered 2024-04-02)
      May 29, 2024 · Advisor changed firm · fact
    • S••••• L•• H••••• left M••• W••••• M••••••••• L•• for C••••••• P••••••• (registered 2024-04-02)
      May 29, 2024 · Advisor changed firm · fact
    • J•••• E•••••••• R•••••••• left M••• W••••• M••••••••• L•• for C••••••• P••••••• (registered 2024-04-01)
      May 29, 2024 · Advisor changed firm · fact
    • S•••• F•••••••• A•••• left M••• W••••• M••••••••• L•• for C••••••• P••••••• (registered 2024-04-01)
      May 29, 2024 · Advisor changed firm · fact
    • S•••• C•••••••• W••••• left M••• W••••• M••••••••• L•• for C••••••• P••••••• (registered 2024-04-02)
      May 29, 2024 · Advisor changed firm · fact
    • V•••••• L••• M•••••••• left M••• W••••• M••••••••• L•• for C••••••• P••••••• (registered 2024-04-02)
      May 29, 2024 · Advisor changed firm · fact
    • B•••• A•••••• C•••••• left M••• W••••• M••••••••• L•• for C••••••• P••••••• (registered 2024-04-02)
      May 29, 2024 · Advisor changed firm · fact
    • P••••• J••• R••••••• left M••• W••••• M••••••••• L•• for C••••••• P••••••• (registered 2024-04-02)
      May 29, 2024 · Advisor changed firm · fact
    • S•••••• N•••••• Q•••••• C••••• left M••• W••••• M••••••••• L•• for C••••••• P••••••• (registered 2024-04-10)
      May 29, 2024 · Advisor changed firm · fact
    • N•••••• L••••••• Y•••• left M••• W••••• M••••••••• L•• for C••••••• P••••••• (registered 2024-04-02)
      May 29, 2024 · Advisor changed firm · fact
    • C•••• R•••• S•••• left M••• W••••• M••••••••• L•• for B••••••••• W••••• M••••••••• (registered 2024-03-01)
      Mar 5, 2024 · Advisor changed firm · fact
    • A••••• F•••••• F••• left M••• W••••• M••••••••• L•• for M••••• W••••• A••••••• (registered 2024-03-22)
      Mar 5, 2024 · Advisor changed firm · fact
    • M••••••• C•••••••• M•••• left M••• W••••• M••••••••• L•• for B••• F••• W••••• (registered 2024-05-03)
      Mar 5, 2024 · Advisor changed firm · fact
    • Joshua Elessar Clifford no longer registered at M••• W••••• M••••••••• L••; no later IA registration on IAPD
      Apr 26, 2023 · Advisor departure · fact
    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