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

M••••••••• I••••••••• A••••••• L••

Independent wealth managerLivonia, MichiganCRD 109960SEC 801-57918websiteIAPD
Latest filing Jan 19, 2026
First filing on the tape Dec 12, 2011 · 27 filings
SEC status approved since Aug 29, 2000
RAUM
$185M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
84%
$156M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$92.6M
derived; firm RAUM over IAPD count
Employees
3
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
27 filings and snapshots on the tape
RAUM$185M as of Jan 19, 2026
Mar 23, 2012$100M then
HNW client RAUM$146M as of Jan 19, 2026
Mar 22, 2018$92.2M then
State-registered IARs (5.B.3)2 as of Jan 19, 2026
Mar 23, 20120 then
Employees (5.A)3 as of Jan 19, 2026
Mar 21, 20134 then
Private funds: no history
RAUM +5.2% over the last fiscal year+11% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Jan 19, 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
$92.6MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
32derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.2MderivedHNW RAUM over HNW clients
Average account
$853,253derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
16%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
+5.2%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+4.9%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
Custody
$19.2M, 5 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)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$146M79%
  • Charitable organizations$29.0M16%
  • Individuals$10.1M5.4%
Individual clients
29reported
HNW clients
35reported
Pension plan clients
n/areported
Charitable clients
7reported
Accounts
217reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$19.2M for 5 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.84 fund_share=0.0 institutional_share=0.16 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
R••••• L••••••• D••••Chartered Financial AnalystLivonia, MiAug 7, 201726 y0
D••• B•••• E••••Livonia, MiDec 12, 201727 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
      • A•••• G•••••• F••••• · Membercontrol
        since 01/2013 · owns 25% to 50%
      • D••••• R•••••• L••••••• · Managing Member, Chief Compliance Officercontrol
        since 01/2013 · owns 25% to 50%
      • E••••• D•••• B•••• · Managing Membercontrol
        since 01/2013 · owns 25% to 50%
      Related persons
      Schedule D 7.A
      No related person reported.
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      Livonia, Mi · principal200
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 221 to 217
        Jan 20, 2025 to Jan 19, 2026
      • HNW clients · 32 to 35
        Jan 20, 2025 to Jan 19, 2026
      • Assets in custody · $9.5M to $19.2M
        Jan 20, 2025 to Jan 19, 2026
      • Discretionary RAUM · $176M to $185M
        Jan 20, 2025 to Jan 19, 2026
      • HNW RAUM · $137M to $146M
        Jan 20, 2025 to Jan 19, 2026
      • Individual RAUM · $11.3M to $10.1M
        Jan 20, 2025 to Jan 19, 2026
      • RAUM · $176M to $185M
        Jan 20, 2025 to Jan 19, 2026
      • Accounts · 211 to 221
        Jan 30, 2024 to Jan 20, 2025
      • HNW clients · 33 to 32
        Jan 30, 2024 to Jan 20, 2025
      • Individual clients · 30 to 29
        Jan 30, 2024 to Jan 20, 2025
      • Assets in custody · $9.0M to $9.5M
        Jan 30, 2024 to Jan 20, 2025
      • Financial planning clients · 0 to 0
        Jan 30, 2024 to Jan 20, 2025
      • Discretionary RAUM · $160M to $176M
        Jan 30, 2024 to Jan 20, 2025
      • HNW RAUM · $124M to $137M
        Jan 30, 2024 to Jan 20, 2025
      • Individual RAUM · $9.7M to $11.3M
        Jan 30, 2024 to Jan 20, 2025
      • RAUM · $160M to $176M
        Jan 30, 2024 to Jan 20, 2025
      • Accounts · 200 to 211
        Jan 23, 2023 to Jan 30, 2024
      • Advisory employees · 4 to 3
        Jan 23, 2023 to Jan 30, 2024
      • HNW clients · 28 to 33
        Jan 23, 2023 to Jan 30, 2024
      • Individual clients · 35 to 30
        Jan 23, 2023 to Jan 30, 2024
      • Assets in custody · $8.3M to $9.0M
        Jan 23, 2023 to Jan 30, 2024
      • Employees · 4 to 3
        Jan 23, 2023 to Jan 30, 2024
      • Discretionary RAUM · $137M to $160M
        Jan 23, 2023 to Jan 30, 2024
      • HNW RAUM · $103M to $124M
        Jan 23, 2023 to Jan 30, 2024
      • Individual RAUM · $9.3M to $9.7M
        Jan 23, 2023 to Jan 30, 2024
      • RAUM · $137M to $160M
        Jan 23, 2023 to Jan 30, 2024
      • Accounts · 195 to 200
        Jan 23, 2022 to Jan 23, 2023
      • Advisory employees · 3 to 4
        Jan 23, 2022 to Jan 23, 2023
      • HNW clients · 27 to 28
        Jan 23, 2022 to Jan 23, 2023
      • Individual clients · 31 to 35
        Jan 23, 2022 to Jan 23, 2023
      • Assets in custody · $10.1M to $8.3M
        Jan 23, 2022 to Jan 23, 2023
      • Discretionary RAUM · $170M to $137M
        Jan 23, 2022 to Jan 23, 2023
      • HNW RAUM · $129M to $103M
        Jan 23, 2022 to Jan 23, 2023
      • Individual RAUM · $11.4M to $9.3M
        Jan 23, 2022 to Jan 23, 2023
      • RAUM · $170M to $137M
        Jan 23, 2022 to Jan 23, 2023
      • Accounts · 198 to 195
        Feb 25, 2021 to Jan 23, 2022
      • Individual clients · 32 to 31
        Feb 25, 2021 to Jan 23, 2022
      • Assets in custody · $9.8M to $10.1M
        Feb 25, 2021 to Jan 23, 2022
      • Employees · 3 to 4
        Feb 25, 2021 to Jan 23, 2022
      • Discretionary RAUM · $151M to $170M
        Feb 25, 2021 to Jan 23, 2022
      Signals
      1 dated events
      • Thomas Robert Grabowski (Member) no longer on Schedule A of M••••••••• I••••••••• A••••••• L•• (listed 2020-06-02, absent 2020-08-24)
        Aug 24, 2020 · 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
      Website
      M•••••••••-ADVISORS.COMreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      734-953-8688reportedpublic record, Form ADV, Jan 19, 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
      $92.6Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026