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

T•••••• H•••••• L••

Independent wealth managerDenver, ColoradoCRD 109479SEC 801-56787websiteIAPD
Latest filing Mar 30, 2026
First filing on the tape Mar 30, 2012 · 24 filings
SEC status approved since Aug 20, 1999
RAUM
$746M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
86%
$645M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$249M
derived; firm RAUM over IAPD count
Employees
5
3 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
0
reported on Schedule D
History
24 filings and snapshots on the tape
RAUM$746M as of Mar 30, 2026
Mar 30, 2012$390M then
HNW client RAUM$638M as of Mar 30, 2026
Mar 31, 2018$445M then
State-registered IARs (5.B.3)3 as of Mar 30, 2026
Apr 1, 20133 then
Employees (5.A)5 as of Mar 30, 2026
Apr 1, 20135 then
Private funds: no history
RAUM +22% over the last fiscal year+13% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Mar 30, 2026; every figure names its basis
Archetypes, each a printed rule
  • UHNW private wealth · private-client share at least 50 percent, HNW at least 90 percent of private-client RAUM, and average HNW client assets at least $10M
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$249MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
19derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$13.9MderivedHNW RAUM over HNW clients
Average account
$2.5MderivedRAUM over accounts (5.F.2.f)
Discretionary
98%derivedof RAUM
Institutional
14%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.7derivedItem 5.A over advisors
Advisors per office
0.8derived4 offices incl. principal (1.F.5)
RAUM growth, one year
+22%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+33%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisers, otherreportedItem 5.G
Wrap fee program
$168MreportedItem 5.I
Custody
$95.1M, 26 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
  • 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$638M86%
  • Charitable organizations$102M14%
  • Individuals$6.5M0.9%
Individual clients
11reported
HNW clients
46reported
Pension plan clients
n/areported
Charitable clients
6reported
Accounts
302reported
Financial planning clients
0reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
$95.1M for 26 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.86 fund_share=0.0 institutional_share=0.14 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
K•••• R••••• S••••••Chartered Financial AnalystEnglewood, Co Feb 20, 200919 y0
G••• W•••••• L••••Chartered Financial AnalystDenver, Co May 26, 201121 y0
B••••••• R••••• C•••••Athens, Ga Nov 7, 201412 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 headcount0 left over 36 months
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • L••••••• M••••••• D•••• · Membercontrol
        since 09/2001 · owns 10% to 25%
      • L••••• G•••• W•••••• · Membercontrol
        since 01/2011 · owns 25% to 50%
      • S••••••• K••••• R••••• · Managercontrol
        since 01/2011 · owns 25% to 50%
      • C•••••• B•••••••• R••••• · Member
        since 12/2017 · owns 10% to 25%
      Related persons
      Schedule D 7.A
      • M•••••• G••••• T••••••
        n
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      Denver, Co · principal300
      Offices
      Schedule D 1.F, the 25 largest
      • , 1 employees
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • unusually large average HNW clientStatic outlier · filing Mar 30, 2026
        HNW RAUM per HNW client of $13,874,239 against a peer median of $3,134,900 (1404 comparable advisers, 98.0th percentile, 7.1 robust deviations)
        peers: independent wealth managers, $500M to $1B (1,404) · 98% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 273 to 302
        Mar 28, 2025 to Mar 30, 2026
      • HNW clients · 35 to 46
        Mar 28, 2025 to Mar 30, 2026
      • Individual clients · 8 to 11
        Mar 28, 2025 to Mar 30, 2026
      • Assets in custody · $85.9M to $95.1M
        Mar 28, 2025 to Mar 30, 2026
      • Discretionary RAUM · $609M to $730M
        Mar 28, 2025 to Mar 30, 2026
      • HNW RAUM · $515M to $638M
        Mar 28, 2025 to Mar 30, 2026
      • Individual RAUM · $4.5M to $6.5M
        Mar 28, 2025 to Mar 30, 2026
      • Non-discretionary RAUM · $0 to $16.2M
        Mar 28, 2025 to Mar 30, 2026
      • RAUM · $609M to $746M
        Mar 28, 2025 to Mar 30, 2026
      • Accounts · 258 to 273
        Apr 18, 2024 to Mar 28, 2025
      • Advisory employees · 4 to 3
        Apr 18, 2024 to Mar 28, 2025
      • Assets in custody · $79.9M to $85.9M
        Apr 18, 2024 to Mar 28, 2025
      • Financial planning clients · 11-25 to 0
        Apr 18, 2024 to Mar 28, 2025
      • State-registered IARs · 4 to 3
        Apr 18, 2024 to Mar 28, 2025
      • Other offices · 4 to 3
        Apr 18, 2024 to Mar 28, 2025
      • Discretionary RAUM · $570M to $609M
        Apr 18, 2024 to Mar 28, 2025
      • HNW RAUM · $478M to $515M
        Apr 18, 2024 to Mar 28, 2025
      • Individual RAUM · $3.9M to $4.5M
        Apr 18, 2024 to Mar 28, 2025
      • RAUM · $570M to $609M
        Apr 18, 2024 to Mar 28, 2025
      • Accounts · 249 to 258
        Apr 19, 2023 to Mar 28, 2024
      • HNW clients · 37 to 35
        Apr 19, 2023 to Mar 28, 2024
      • Assets in custody · $68.1M to $79.9M
        Apr 19, 2023 to Mar 28, 2024
      • Financial planning clients · 1-10 to 11-25
        Apr 19, 2023 to Mar 28, 2024
      • Discretionary RAUM · $513M to $570M
        Apr 19, 2023 to Mar 28, 2024
      • HNW RAUM · $427M to $478M
        Apr 19, 2023 to Mar 28, 2024
      • Individual RAUM · $3.5M to $3.9M
        Apr 19, 2023 to Mar 28, 2024
      • RAUM · $513M to $570M
        Apr 19, 2023 to Mar 28, 2024
      • Accounts · 245 to 249
        Mar 30, 2022 to Mar 28, 2023
      • Charity clients · 7 to 6
        Mar 30, 2022 to Mar 28, 2023
      • HNW clients · 40 to 37
        Mar 30, 2022 to Mar 28, 2023
      • Assets in custody · $57.9M to $68.1M
        Mar 30, 2022 to Mar 28, 2023
      • Financial planning clients · 11-25 to 1-10
        Mar 30, 2022 to Mar 28, 2023
      • HQ city · NASHVILLE to DENVER
        Mar 30, 2022 to Mar 28, 2023
      • HQ state · TN to CO
        Mar 30, 2022 to Mar 28, 2023
      • Discretionary RAUM · $605M to $513M
        Mar 30, 2022 to Mar 28, 2023
      • HNW RAUM · $488M to $427M
        Mar 30, 2022 to Mar 28, 2023
      • Individual RAUM · $3.8M to $3.5M
        Mar 30, 2022 to Mar 28, 2023
      • RAUM · $605M to $513M
        Mar 30, 2022 to Mar 28, 2023
      • Accounts · 246 to 245
        Mar 26, 2021 to Mar 30, 2022
      • Assets in custody · $21.5M to $57.9M
        Mar 26, 2021 to Mar 30, 2022
      Signals
      1 dated events
      • Gerard Michael Tillman (Manager) no longer on Schedule A of T•••••• H•••••• L•• (listed 2024-03-28, absent 2024-04-18)
        Apr 18, 2024 · Control person left · inference
      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
      Business phone
      352-335-9015reportedpublished by the firm, firm site, Sep 16, 2026
      Firm profile
      linkedin.com/company/tillman-hartley-llcreportedpublic record, Form ADV, Sep 19, 2026
      Website
      T••••••H••••••.COMreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      352-335-9015reportedpublic record, Form ADV, Mar 30, 2026
      Contact form
      t•••••••••.comreportedpublished by the firm, firm site, Sep 16, 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
      $249Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026