DFX Intelligence

RIA Intelligence

The names on this page are hidden. Create a free account to reveal 5 records a month, or get RIA and Wealth Intelligence at $249 a month for every name. Every figure, date and source on this page is public either way.

Former SEC-registered adviser

C••••••••• C•••••• M••••••••• L••

Former SEC-registered adviserSan Antonio, TexasCRD 109471SEC 801-57228IAPD
Latest filing Mar 24, 2022
First filing on the tape Jan 31, 2012 · 16 filings
RAUM
$467M
reported, Item 5.F
Discretionary
97%
of RAUM
Private clients
67%
$312M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
5
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
16 filings and snapshots on the tape
RAUM$467M as of Mar 24, 2022
Jan 31, 2012$119M then
HNW client RAUM$281M as of Mar 24, 2022
Mar 15, 2018$180M then
State-registered IARs (5.B.3)3 as of Mar 24, 2022
Jan 31, 20120 then
Employees (5.A)5 as of Mar 24, 2022
Mar 25, 20135 then
Private funds: no history
RAUM +19% over the last fiscal year+14% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Mar 24, 2022; every figure names its basis
RAUM per advisor
$156MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
42derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.5MderivedHNW RAUM over HNW clients
Average account
$1.3MderivedRAUM over accounts (5.F.2.f)
Discretionary
97%derivedof RAUM
Institutional
15%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.7derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+19%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+8.6%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 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
  • High-net-worth individuals$281M69%
  • Charitable organizations$42.7M10%
  • Individuals$31.0M7.6%
  • Pension and profit-sharing plans$29.5M7.2%
  • Corporations and businesses$25.2M6.1%
Individual clients
63reported
HNW clients
63reported
Pension plan clients
14reported
Charitable clients
n/areported
Accounts
370reported
Financial planning clients
n/areported
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
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
    • D••••• S••••• C•••••• · Chief Compliance Officer, Member, Managercontrol
      since 01/2013 · owns 25% to 50%
    • E••••••••• L••••• L•• · Co-Ceo, Member, Managercontrol
      since 11/1999 · owns 25% to 50%
    • M•••••••• M•••••• · Co-Ceo, Member, Managercontrol
      since 11/1999 · owns 25% to 50%
    Related persons
    Schedule D 7.A
    No related person reported.
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 319 to 370
      Mar 15, 2021 to Mar 24, 2022
    • HNW clients · 57 to 63
      Mar 15, 2021 to Mar 24, 2022
    • Individual clients · 59 to 63
      Mar 15, 2021 to Mar 24, 2022
    • Discretionary RAUM · $383M to $451M
      Mar 15, 2021 to Mar 24, 2022
    • HNW RAUM · $230M to $281M
      Mar 15, 2021 to Mar 24, 2022
    • Individual RAUM · $30.8M to $31.0M
      Mar 15, 2021 to Mar 24, 2022
    • Non-discretionary RAUM · $10.0M to $15.4M
      Mar 15, 2021 to Mar 24, 2022
    • Pension RAUM · $24.8M to $29.5M
      Mar 15, 2021 to Mar 24, 2022
    • RAUM · $393M to $467M
      Mar 15, 2021 to Mar 24, 2022
    • Accounts · 324 to 319
      Jun 5, 2020 to Mar 15, 2021
    • HNW clients · 56 to 57
      Jun 5, 2020 to Mar 15, 2021
    • Individual clients · 60 to 59
      Jun 5, 2020 to Mar 15, 2021
    • Discretionary RAUM · $363M to $383M
      Jun 5, 2020 to Mar 15, 2021
    • HNW RAUM · $218M to $230M
      Jun 5, 2020 to Mar 15, 2021
    • Individual RAUM · $28.5M to $30.8M
      Jun 5, 2020 to Mar 15, 2021
    • Non-discretionary RAUM · $0 to $10.0M
      Jun 5, 2020 to Mar 15, 2021
    • Pension RAUM · $23.8M to $24.8M
      Jun 5, 2020 to Mar 15, 2021
    • RAUM · $363M to $393M
      Jun 5, 2020 to Mar 15, 2021
    • Accounts · 325 to 324
      Mar 18, 2019 to Mar 30, 2020
    • Individual clients · 63 to 60
      Mar 18, 2019 to Mar 30, 2020
    • Pension plan clients · 12 to 14
      Mar 18, 2019 to Mar 30, 2020
    • Discretionary RAUM · $317M to $363M
      Mar 18, 2019 to Mar 30, 2020
    • HNW RAUM · $193M to $218M
      Mar 18, 2019 to Mar 30, 2020
    • Individual RAUM · $26.3M to $28.5M
      Mar 18, 2019 to Mar 30, 2020
    • Pension RAUM · $21.1M to $23.8M
      Mar 18, 2019 to Mar 30, 2020
    • RAUM · $317M to $363M
      Mar 18, 2019 to Mar 30, 2020
    • Accounts · 317 to 325
      Apr 17, 2018 to Mar 18, 2019
    • HNW clients · 51 to 56
      Apr 17, 2018 to Mar 18, 2019
    • Individual clients · 67 to 63
      Apr 17, 2018 to Mar 18, 2019
    • Pension plan clients · 14 to 12
      Apr 17, 2018 to Mar 18, 2019
    • Discretionary RAUM · $302M to $317M
      Apr 17, 2018 to Mar 18, 2019
    • HNW RAUM · $180M to $193M
      Apr 17, 2018 to Mar 18, 2019
    • Individual RAUM · $27.2M to $26.3M
      Apr 17, 2018 to Mar 18, 2019
    • Pension RAUM · $21.5M to $21.1M
      Apr 17, 2018 to Mar 18, 2019
    • RAUM · $302M to $317M
      Apr 17, 2018 to Mar 18, 2019
    • Accounts · 316 to 317
      Nov 27, 2017 to Mar 15, 2018
    • Individual clients · 62 to 67
      Nov 27, 2017 to Mar 15, 2018
    • Discretionary RAUM · $286M to $302M
      Nov 27, 2017 to Mar 15, 2018
    • HNW RAUM · $166M to $180M
      Nov 27, 2017 to Mar 15, 2018
    • Individual RAUM · $24.4M to $27.2M
      Nov 27, 2017 to Mar 15, 2018
    Signals
    4 dated events
    • M•••••• M••••••• left C••••••••• C•••••• M••••••••• L•• for P•••• C•••••• F•••••••• (registered 2022-07-01)
      Jul 1, 2022 · Advisor changed firm · fact
    • L•••• L•• E••••••••• left C••••••••• C•••••• M••••••••• L•• for P•••• C•••••• F•••••••• (registered 2022-07-04)
      Jul 1, 2022 · Advisor changed firm · fact
    • S•••• C•••••• D•••• left C••••••••• C•••••• M••••••••• L•• for P•••• C•••••• F•••••••• (registered 2022-07-01)
      Jul 1, 2022 · Advisor changed firm · fact
    • C••••••••• C•••••• M••••••••• L••'s advisors moved to P•••• C•••••• F•••••••• (San Antonio, TX): 3 of 3 registered, on the same day
      Jul 1, 2022 · Firm absorbed (people side) · derived
    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