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
Western Research And Management, L.L.C.
Latest filing Mar 29, 2019
First filing on the tape Feb 1, 2012 · 14 filings
RAUM
$284M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
60%
$171M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
11
9 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
12
$169M gross assets
History
14 filings and snapshots on the tape
RAUM$284M as of Mar 29, 2019
Feb 1, 2012$118M then
HNW client RAUM$151M as of Mar 29, 2019
Mar 30, 2018$80.6M then
State-registered IARs (5.B.3)10 as of Mar 29, 2019
Feb 1, 20120 then
Employees (5.A)11 as of Mar 29, 2019
Apr 1, 201311 then
Private funds12 as of Mar 29, 2019
Feb 1, 20122 then
RAUM +9.8% over the last fiscal year+16% a year over threeIARs 10 to 10
Practice profile
derived from the filing of Mar 29, 2019; every figure names its basis
- RAUM per advisor
- $28.4MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 9derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $5.0MderivedHNW RAUM over HNW clients
- Average account
- $1.3MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.1derivedItem 5.A over advisors
- Advisors per office
- 10.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +9.8%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -6.3%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
- Custody
- $5.8M, 3 clientsreportedItem 9.A
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$151M53%
- Pooled investment vehicles$106M37%
- Individuals$20.0M7.0%
- Investment companies$3.0M1.1%
- Corporations and businesses$2.1M0.7%
- Charitable organizations$1.5M0.5%
- State and municipal entities$218,0120.1%
- Banks and thrifts$127,7660.0%
- Individual clients
- 59reported
- HNW clients
- 30reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 223reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- $5.8M for 3 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
Left, latest
- Christopher Elliott Pate to True North Advisors, LLCMay 2, 2019 · RIA to RIA
- Sandeep Kumar Tiwari to CorientMay 2, 2019 · RIA to RIA
- Erin Danielle Bluske to Sagepoint Financial, Inc.Dec 10, 2010 · Other
- David Michael Piller to Aegis Asset Management IncSep 30, 2009 · Other
- Terry C Hayes to Merrill Lynch, Pierce, Fenner & Smith IncorporatedJul 14, 2009 · Other
- Will Travis Rogers to LPL Financial LLCApr 28, 2009 · Other
- Colby Lynn Harlow to Harlow Capital Management LLCMay 5, 2005 · Other
Joined, latest
- Erin Danielle Bluske from Morgan StanleyDec 8, 2009 · Other
- David Michael Piller from Aegis Asset Management IncJun 18, 2009 · Other
- Will Travis Rogers from A. G. Edwards & Sons, Inc.May 7, 2007 · Other
- Terry C Hayes from A. G. Edwards & Sons, Inc.May 7, 2007 · Other
Private funds
6 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Airt Acquisition LP | Other Private Fund | $20.4M | 21 | Mar 30, 2018 |
| Wa 2022 Fs LP | Other Private Fund | $8.0M | 34 | May 1, 2023 |
| Wa 2020 LP | Other Private Fund | $3.3M | 32 | Aug 26, 2020 |
| Wa2 2020 LP | Other Private Fund | $2.1M | 27 | Mar 15, 2021 |
| Wa 2021 LP | Other Private Fund | $1.6M | 11 | Mar 18, 2022 |
| Western Ground Protection, LP | Other Private Fund | $31,870 | 34 | Dec 8, 2016 |
Owners and control persons
Schedule A and B, latest filing
- Allen Jeffrey Crawford · Exec. Vice President / Chief Compliance Officercontrolsince 01/2006 · owns less than 5%
- Stephen Douglas Frazier · Exec. Vice Presidentcontrolsince 01/2009 · owns less than 5%
- Elliott Christopher Pate · Managing Director - Asset Managementcontrolsince 02/2011 · owns less than 5%
- Chad Joe Prestwood · Exec. Vice Presidentcontrolsince 01/2006 · owns less than 5%
- Morris Donald Woodard · Presidentcontrolsince 01/1998 · owns less than 5%
- Morris Donald Woodard · Managercontrolsince 01/2014 · owns 50% to 75% of Western Universe Gen Par, LLC
Entity owners
- Western Universe, LP · Holding Companydirect · owns 75% or more
- Western Universe Gen Par, LLC · General Partnerindirect · owns F of Western Universe, LP
Related persons
Schedule D 7.A
- Airt Gp LLCpooled vehicle sponsorn
- Western Alternative Strategies Gp, LLCpooled vehicle sponsorn
- Western Ground Protection Gp, LLCpooled vehicle sponsorn
- Western Strategic Advisors, L.L.C.broker-dealern
- Western Underwriters, Inc.real estaten
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 231 to 223Jun 28, 2018 to Mar 29, 2019
- Advisory employees · 10 to 9Jun 28, 2018 to Mar 29, 2019
- HNW clients · 62 to 30Jun 28, 2018 to Mar 29, 2019
- Individual clients · 33 to 59Jun 28, 2018 to Mar 29, 2019
- Pooled vehicle clients · 5 to 12Jun 28, 2018 to Mar 29, 2019
- Assets in custody · $6.2M to $5.8MJun 28, 2018 to Mar 29, 2019
- Employees · 12 to 11Jun 28, 2018 to Mar 29, 2019
- Private funds · 11 to 12Jun 28, 2018 to Mar 29, 2019
- Discretionary RAUM · $259M to $284MJun 28, 2018 to Mar 29, 2019
- HNW RAUM · $80.6M to $151MJun 28, 2018 to Mar 29, 2019
- Individual RAUM · $46.4M to $20.0MJun 28, 2018 to Mar 29, 2019
- Pooled vehicle RAUM · $125M to $106MJun 28, 2018 to Mar 29, 2019
- RAUM · $259M to $284MJun 28, 2018 to Mar 29, 2019
- Accounts · 217 to 231Jun 22, 2017 to Mar 30, 2018
- Advisory employees · 11 to 10Jun 22, 2017 to Mar 30, 2018
- HNW clients · unset to 62.0Jun 22, 2017 to Mar 30, 2018
- Individual clients · unset to 33.0Jun 22, 2017 to Mar 30, 2018
- Pooled vehicle clients · unset to 5.0Jun 22, 2017 to Mar 30, 2018
- Assets in custody · $7.4M to $6.2MJun 22, 2017 to Mar 30, 2018
- Employees · 13 to 12Jun 22, 2017 to Mar 30, 2018
- State-registered IARs · 11 to 10Jun 22, 2017 to Mar 30, 2018
- Other offices · unset to 0.0Jun 22, 2017 to Mar 30, 2018
- Private funds · 9 to 11Jun 22, 2017 to Mar 30, 2018
- Discretionary RAUM · $211M to $259MJun 22, 2017 to Mar 30, 2018
- HNW RAUM · unset to 80550506.0Jun 22, 2017 to Mar 30, 2018
- Individual RAUM · unset to 46394879.0Jun 22, 2017 to Mar 30, 2018
- Pooled vehicle RAUM · unset to 124795667.0Jun 22, 2017 to Mar 30, 2018
- RAUM · $211M to $259MJun 22, 2017 to Mar 30, 2018
- Private funds · 8 to 9Mar 29, 2017 to Jun 22, 2017
- BD registered reps · 10 to 8Dec 8, 2016 to Mar 29, 2017
- Assets in custody · $125M to $7.4MDec 8, 2016 to Mar 29, 2017
- Employees · 14 to 13Dec 8, 2016 to Mar 29, 2017
- State-registered IARs · 12 to 11Dec 8, 2016 to Mar 29, 2017
- Discretionary RAUM · $182M to $211MDec 8, 2016 to Mar 29, 2017
- RAUM · $182M to $211MDec 8, 2016 to Mar 29, 2017
- Assets in custody · $86.7M to $125MJun 28, 2016 to Dec 8, 2016
- Private funds · 7 to 8Jun 28, 2016 to Dec 8, 2016
- Accounts · 207 to 217Jul 1, 2015 to Mar 8, 2016
- Advisory employees · 9 to 11Jul 1, 2015 to Mar 8, 2016
- Assets in custody · $78.4M to $86.7MJul 1, 2015 to Mar 8, 2016
Signals
No event on the tape.
Across DFX
shared identifiers only, never a name match
- Western Research And Management, L.L.C. · Independent Sponsorsshared crd · capital_provider
- Western Research and Management, L.L.C. · Private Equityshared crd · organization
- Western Research and Management, L.L.C. · Venture Capitalshared crd · organization
How to reach
public business contact points only, each with its source
- Website
- WESTERN-COMPANIES.COMreportedpublic record, Form ADV, Sep 18, 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
- 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
Across the graphs
Western Research And Management, L.L.C. is the same institution as 1 record in Real Estate Funds.
Real Estate Funds1
Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.
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