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.

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SEC-registered adviser

R••• W••••• L••

Wealth manager with institutional or fund businessAlbuquerque, New MexicoCRD 109446SEC 801-57516websiteIAPD
Latest filing Jul 10, 2026
First filing on the tape Dec 15, 2011 · 49 filings
SEC status approved since May 10, 2000
RAUM
$869M
reported, Item 5.F
Discretionary
94%
of RAUM
Private clients
49%
$422M individuals and HNW
Advisors
8
registered through the firm on IAPD
RAUM per advisor
$109M
derived; firm RAUM over IAPD count
Employees
15
9 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
0
reported on Schedule D
History
49 filings and snapshots on the tape
RAUM$869M as of Jul 10, 2026
Mar 27, 2012$347M then
HNW client RAUM$319M as of Jul 10, 2026
Jan 31, 2018$349M then
State-registered IARs (5.B.3)8 as of Jul 10, 2026
Mar 28, 201313 then
Employees (5.A)15 as of Jul 10, 2026
Mar 28, 201314 then
Private funds: no history
RAUM -1.3% over the last fiscal year-1.0% a year over threeIARs 9 to 8
Practice profile
derived from the filing of Jul 10, 2026; every figure names its basis
Archetypes, each a printed rule
  • Dual wealth and asset manager · private-client share 20 to 60 percent and fund or institutional share at least 30 percent
  • Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
RAUM per advisor
$109MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
46derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.0MderivedHNW RAUM over HNW clients
Average account
$974,433derivedRAUM over accounts (5.F.2.f)
Discretionary
94%derivedof RAUM
Institutional
48%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.9derivedItem 5.A over advisors
Advisors per office
1.6derived5 offices incl. principal (1.F.5)
RAUM growth, one year
-1.3%derivedbetween the last two annual amendments
Advisor growth, one year
-11%derivedItem 5.B.3 between annual amendments
Client growth, one year
-5.4%derived
Compensation
percentage of assets, hourly, fixed fees, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisers, publications, educational seminars, otherreportedItem 5.G
Ownership
controlled by a public reporting companyderived
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 securities (9.A.1.b)
  • controlled by a public reporting company (10.A)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pension and profit-sharing plans$393M45%
  • High-net-worth individuals$319M37%
  • Individuals$103M12%
  • Corporations and businesses$29.5M3.4%
  • Charitable organizations$24.7M2.8%
Individual clients
263reported
HNW clients
107reported
Pension plan clients
23reported
Charitable clients
7reported
Accounts
892reported
Financial planning clients
51-100reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.49 fund_share=0.0 institutional_share=0.48 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
8 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
D••••• B•••••• S••••••Certified Financial PlannerPhoenix, Az Mar 10, 200620 y0
R•••• A• S•••••••Albuquerque, Nm Jun 30, 202111 y0
J••• V•••••• G••••••Certified Financial PlannerAlbuquerque, Nm Sep 21, 202129 y3
B•••• R••••• G••••Albuquerque, NmFeb 16, 202415 y2
J•••• R••••• K••••••Certified Financial PlannerPhoenix, Az Oct 1, 202426 y8
S•••• A••••• B•••••••••Certified Financial Planner, Chartered Financial ConsultantAlbuquerque, Nm Oct 28, 202424 y5
S••• A•••• S••Albuquerque, Nm May 26, 202612 y0
L•••• C••••Albuquerque, Nm May 27, 202610 y0
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 headcount6 left over 36 months
Left, latest
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • C••••• S•••••• R••••• · Managing Principalcontrol
    since 10/1999 · owns 5% to 10%
  • H••••••• D••••••• M•••••• · Principalcontrol
    since 09/2024 · owns less than 5%
  • K••••••• J••••• R••••• · Chief Compliance Officercontrol
    since 09/2024 · owns less than 5%
  • P••••• K••••• N••• · Chief Operating Officercontrol
    since 09/2024 · owns less than 5%
  • B••••• J••••••• L••• · Principal
    since 01/2022 · owns 5% to 10%
  • C••••••• M••••••• D•••• · Principal
    since 01/2019 · owns 5% to 10%
  • F•••••• B•••• · Principal
    since 01/2024 · owns 5% to 10%
  • F••••••• J••••• S•••• · Principal
    since 01/2022 · owns 5% to 10%
  • F•••••• T••• L•• · Principal
    since 11/2012 · owns 5% to 10%
  • G••••••• A••••••• R•••••• · Principal
    since 01/2021 · owns 5% to 10%
  • K••••• A••• M•••••• · Principal
    since 01/2018 · owns 5% to 10%
  • L•••••• J••••••• O••• · Principal
    since 01/2023 · owns 5% to 10%
  • M••••••• J••••• F•••••••• · Principal
    since 01/2008 · owns 5% to 10%
  • O••••• J••••• A••••• · Principal
    since 01/2023 · owns 5% to 10%
  • T••••••• C••••••••• W•••• · Principal
    since 01/2008 · owns 5% to 10%
  • W••••••••• D•••• N••••• · Principal
    since 01/2018 · owns 5% to 10%
Entity owners
  • R••• L•• · Parent Company
    direct · owns less than 5%
Related persons
Schedule D 7.A
  • R••• L••
    insurancey
Advisers that list R••• W••••• L•• as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Albuquerque, Nm · principal820
Phoenix, Az510
Offices
Schedule D 1.F, the 25 largest
  • Phoenix, AZ3 employees
  • Oklahoma City, OK1 employees
  • , 1 employees
What changed
consecutive filings, newest first
  • Other offices · 3 to 4
    May 1, 2026 to Jul 10, 2026
  • Accounts · 1,019 to 892
    Oct 21, 2025 to Mar 24, 2026
  • Charity clients · 9 to 7
    Oct 21, 2025 to Mar 24, 2026
  • HNW clients · 128 to 107
    Oct 21, 2025 to Mar 24, 2026
  • Pension plan clients · 26 to 23
    Oct 21, 2025 to Mar 24, 2026
  • Assets in custody · $8.2M to $2.3M
    Oct 21, 2025 to Mar 24, 2026
  • Employees · 14 to 15
    Oct 21, 2025 to Mar 24, 2026
  • Financial planning clients · 26-50 to 51-100
    Oct 21, 2025 to Mar 24, 2026
  • State-registered IARs · 9 to 8
    Oct 21, 2025 to Mar 24, 2026
  • Discretionary RAUM · $832M to $821M
    Oct 21, 2025 to Mar 24, 2026
  • HNW RAUM · $352M to $319M
    Oct 21, 2025 to Mar 24, 2026
  • Individual RAUM · $84.0M to $103M
    Oct 21, 2025 to Mar 24, 2026
  • Non-discretionary RAUM · $48.6M to $48.6M
    Oct 21, 2025 to Mar 24, 2026
  • Pension RAUM · $355M to $393M
    Oct 21, 2025 to Mar 24, 2026
  • RAUM · $881M to $869M
    Oct 21, 2025 to Mar 24, 2026
  • Other offices · 4 to 3
    Jun 17, 2025 to Oct 21, 2025
  • Advisory employees · 10 to 9
    Mar 25, 2025 to Jun 17, 2025
  • Employees · 15 to 14
    Mar 25, 2025 to Jun 17, 2025
  • Financial planning clients · 26-50 to 26-50
    Mar 25, 2025 to Jun 17, 2025
  • Accounts · 1,227 to 1,019
    Dec 20, 2024 to Mar 25, 2025
  • Advisory employees · 9 to 10
    Dec 20, 2024 to Mar 25, 2025
  • Charity clients · 8 to 9
    Dec 20, 2024 to Mar 25, 2025
  • Corporate clients · 5 to 3
    Dec 20, 2024 to Mar 25, 2025
  • HNW clients · 150 to 128
    Dec 20, 2024 to Mar 25, 2025
  • Individual clients · 246 to 263
    Dec 20, 2024 to Mar 25, 2025
  • Pension plan clients · 24 to 26
    Dec 20, 2024 to Mar 25, 2025
  • Assets in custody · $18.4M to $8.2M
    Dec 20, 2024 to Mar 25, 2025
  • Employees · 14 to 15
    Dec 20, 2024 to Mar 25, 2025
  • Other offices · 3 to 4
    Dec 20, 2024 to Mar 25, 2025
  • Discretionary RAUM · $1.0B to $832M
    Dec 20, 2024 to Mar 25, 2025
  • HNW RAUM · $507M to $352M
    Dec 20, 2024 to Mar 25, 2025
  • Individual RAUM · $81.2M to $84.0M
    Dec 20, 2024 to Mar 25, 2025
  • Non-discretionary RAUM · $0 to $48.6M
    Dec 20, 2024 to Mar 25, 2025
  • Pension RAUM · $318M to $355M
    Dec 20, 2024 to Mar 25, 2025
  • RAUM · $1.0B to $881M
    Dec 20, 2024 to Mar 25, 2025
  • Other offices · 2 to 3
    Oct 25, 2024 to Dec 20, 2024
  • Advisory employees · 14 to 9
    Jul 10, 2024 to Oct 2, 2024
  • Employees · 17 to 14
    Jul 10, 2024 to Oct 2, 2024
  • State-registered IARs · 14 to 9
    Jul 10, 2024 to Oct 2, 2024
  • Accounts · 1,189 to 1,227
    Aug 15, 2023 to Mar 14, 2024
Signals
11 dated events
  • Malcolm Douglas Hatcher (Principal) appeared on Schedule A of R••• W••••• L••
    Oct 25, 2024 · Control person joined · fact
  • Luis Paul Madrid (Principal) no longer on Schedule A of R••• W••••• L•• (listed 2024-07-10, absent 2024-10-02)
    Oct 2, 2024 · Control person left · inference
  • Neil Kerry Prine (Chief Operating Officer) appeared on Schedule A of R••• W••••• L••
    Oct 2, 2024 · Control person joined · fact
  • Robert James Karberg (Chief Compliance Officer) appeared on Schedule A of R••• W••••• L••
    Oct 2, 2024 · Control person joined · fact
  • P••• L••• M••••• left R••• W••••• L•• for R••• S•••••• W••••• A•••••••• L•• (registered 2015-10-22)
    Sep 16, 2024 · advisor f••• change · fact
  • D••••• A••••• Y• left R••• W••••• L•• for C••••••• P••••••• (registered 2024-09-05)
    Aug 27, 2024 · advisor f••• change · fact
  • R••• N•••••• left R••• W••••• L•• for M••••• W••••• M••••••••• (registered 2025-08-05)
    Aug 23, 2024 · advisor f••• change · fact
  • C•••••••• P••••••• left R••• W••••• L•• for L•• F•••••••• L•• (registered 2024-09-27)
    Aug 22, 2024 · advisor f••• change · fact
  • B•••••••• M•••• S•••••• left R••• W••••• L•• for C••••••• P•••••••• I••• (registered 2024-11-21)
    Apr 2, 2024 · advisor f••• change · fact
  • R•••• E••••• H••••• left R••• W••••• L•• for I••••••••• W••••• L•• (registered 2024-06-26)
    Oct 2, 2023 · advisor f••• change · fact
  • J••••••• J•••• M••••• left R••• W••••• L•• for E• W••••• A••••••• (registered 2022-08-22)
    Jun 15, 2022 · advisor f••• change · 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
f••• profile url
w••.l•••••••.com/COMPANY/R•••-WEALTH-LLCreportedpublic record, Form ADV, Sep 18, 2026
f••• website
R•••.COM/Wealth (AFFILIATE)reportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
505-998-3200reportedpublic record, Form ADV, Jul 10, 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
Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
RAUM per advisor
$109Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026