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.
SEC-registered adviser
Lauer Capital Management Ltd
Latest filing Mar 30, 2026
First filing on the tape Mar 30, 2012 · 16 filings
SEC status approved since Dec 23, 1994
RAUM
$323M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
94%
$303M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$161M
derived; firm RAUM over IAPD count
Employees
3
1 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$323M as of Mar 30, 2026
Mar 30, 2012$161M then
HNW client RAUM$288M as of Mar 30, 2026
Mar 29, 2018$199M then
State-registered IARs (5.B.3)0 as of Mar 30, 2026
Mar 30, 20120 then
Employees (5.A)3 as of Mar 30, 2026
Apr 1, 20133 then
Private funds: no history
RAUM -2.1% over the last fiscal year+5.2% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 30, 2026; every figure names its basis
Archetypes, each a printed rule
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $161MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 45derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $5.2MderivedHNW RAUM over HNW clients
- Average account
- $3.5MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 6.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.5derivedItem 5.A over advisors
- Advisors per office
- 2.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- -2.1%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- +0.0%derived
- Compensation
- percentage of assets, hourlyreportedItem 5.E
- Advisory activities
- portfolio management for individualsreportedItem 5.G
- Custody
- $58.0M, 36 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$288M89%
- Charitable organizations$19.8M6.1%
- Individuals$15.2M4.7%
- Individual clients
- 35reported
- HNW clients
- 55reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 92reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $58.0M for 36 clientsreported
- Compensation
- % of AUM, hourlyreported
- Class basis
- private_client_share=0.94 fund_share=0.0 institutional_share=0.06 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Richard Thomas LauerChartered Financial Analyst | Sioux Falls, Sd | Jan 8, 2003 | 34 y | 0 |
| E John FromeltChartered Financial Analyst | Sioux Falls, Sd | May 12, 2009 | 43 y | 0 |
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
- Thomas Richard Lauer · Presidentcontrolsince 11/1994 · owns 75% or more
- Dana Richard Lauer · Director, Chief Compliance Officersince 12/1999 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Sioux Falls, Sd · principal | 2 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 94 to 92Mar 31, 2025 to Mar 30, 2026
- Discretionary RAUM · $330M to $323MMar 31, 2025 to Mar 30, 2026
- HNW RAUM · $297M to $288MMar 31, 2025 to Mar 30, 2026
- Individual RAUM · $15.4M to $15.2MMar 31, 2025 to Mar 30, 2026
- RAUM · $330M to $323MMar 31, 2025 to Mar 30, 2026
- Accounts · 98 to 94Mar 27, 2024 to Mar 31, 2025
- HNW clients · 56 to 55Mar 27, 2024 to Mar 31, 2025
- Individual clients · 38 to 35Mar 27, 2024 to Mar 31, 2025
- Assets in custody · $46.2M to $58.0MMar 27, 2024 to Mar 31, 2025
- Financial planning clients · unset to Mar 27, 2024 to Mar 31, 2025
- Discretionary RAUM · $306M to $330MMar 27, 2024 to Mar 31, 2025
- HNW RAUM · $275M to $297MMar 27, 2024 to Mar 31, 2025
- Individual RAUM · $15.4M to $15.4MMar 27, 2024 to Mar 31, 2025
- RAUM · $306M to $330MMar 27, 2024 to Mar 31, 2025
- Advisory activities · 2 to 1Mar 30, 2023 to Mar 27, 2024
- HNW clients · 53 to 56Mar 30, 2023 to Mar 27, 2024
- Individual clients · 41 to 38Mar 30, 2023 to Mar 27, 2024
- Assets in custody · $53.0M to $46.2MMar 30, 2023 to Mar 27, 2024
- Discretionary RAUM · $277M to $306MMar 30, 2023 to Mar 27, 2024
- HNW RAUM · $245M to $275MMar 30, 2023 to Mar 27, 2024
- Individual RAUM · $17.7M to $15.4MMar 30, 2023 to Mar 27, 2024
- RAUM · $277M to $306MMar 30, 2023 to Mar 27, 2024
- Accounts · 96 to 98Mar 31, 2022 to Mar 30, 2023
- HNW clients · 55 to 53Mar 31, 2022 to Mar 30, 2023
- Individual clients · 37 to 41Mar 31, 2022 to Mar 30, 2023
- Assets in custody · $54.3M to $53.0MMar 31, 2022 to Mar 30, 2023
- Discretionary RAUM · $319M to $277MMar 31, 2022 to Mar 30, 2023
- HNW RAUM · $285M to $245MMar 31, 2022 to Mar 30, 2023
- Individual RAUM · $17.7M to $17.7MMar 31, 2022 to Mar 30, 2023
- RAUM · $319M to $277MMar 31, 2022 to Mar 30, 2023
- Accounts · 97 to 96Apr 1, 2021 to Mar 31, 2022
- HNW clients · 52 to 55Apr 1, 2021 to Mar 31, 2022
- Individual clients · 41 to 37Apr 1, 2021 to Mar 31, 2022
- Assets in custody · $39.5M to $54.3MApr 1, 2021 to Mar 31, 2022
- Discretionary RAUM · $270M to $319MApr 1, 2021 to Mar 31, 2022
- HNW RAUM · $235M to $285MApr 1, 2021 to Mar 31, 2022
- Individual RAUM · $21.1M to $17.7MApr 1, 2021 to Mar 31, 2022
- RAUM · $270M to $319MApr 1, 2021 to Mar 31, 2022
- Accounts · 99 to 97Jun 30, 2020 to Apr 1, 2021
- HNW clients · 49 to 52Jun 30, 2020 to Apr 1, 2021
Signals
No event on the tape.
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
- 605-357-8088reportedpublished by the firm, firm site, Sep 17, 2026
- Website
- LAUERCAPITAL.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 605-357-8088reportedpublic record, Form ADV, Mar 30, 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
- $161Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026