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

Nwf Advisory Services Inc

Independent wealth managerLos Angeles, CaliforniaCRD 110410SEC 801-55681websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Mar 20, 2012 · 22 filings
SEC status approved since Jun 30, 1998
RAUM
$6.4B
reported, Item 5.F
Discretionary
59%
of RAUM
Private clients
100%
$6.4B individuals and HNW
Advisors
108
registered through the firm on IAPD
RAUM per advisor
$59.5M
derived; firm RAUM over IAPD count
Employees
111
102 advisory (5.B.1)
Offices
38
beyond the principal office
Private funds
0
reported on Schedule D
History
22 filings and snapshots on the tape
RAUM$6.4B as of Mar 31, 2026
Mar 20, 2012$253M then
HNW client RAUM$723M as of Mar 31, 2026
Mar 28, 2018$297M then
State-registered IARs (5.B.3)111 as of Mar 31, 2026
Mar 20, 20120 then
Employees (5.A)111 as of Mar 31, 2026
Mar 25, 20132 then
Private funds: no history
RAUM +68% over the last fiscal year+31% a year over threeIARs 0 to 111
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
Archetypes, each a printed rule
  • Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
  • Multi-office growth platform · an independent wealth manager (not a wirehouse, national broker-dealer RIA or broker-dealer affiliated firm) with at least five offices, at least 50 advisors, and RAUM up at least 20 percent over the last annual amendment
RAUM per advisor
$59.5MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
106derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.4MderivedHNW RAUM over HNW clients
Average account
$340,585derivedRAUM over accounts (5.F.2.f)
Discretionary
59%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
2.8derived39 offices incl. principal (1.F.5)
RAUM growth, one year
+68%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
+72%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisers, educational seminarsreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
Custody
$32.5M, 75 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
  • is an insurance broker or agent (6.A.6)
  • 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
  • Individuals$5.7B89%
  • High-net-worth individuals$723M11%
Individual clients
11,130reported
HNW clients
303reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
18,868reported
Financial planning clients
101-250reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
$32.5M for 75 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=111.0derived
Advisors registered through the firm
108 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Daniel Farid YasharelCertified Financial Planner, Chartered Financial ConsultantLos Angeles, CaJul 8, 199735 y0
Craig Evan SteinhauerEncino, Ca Jun 2, 199936 y0
Robert Marvin SchultzEncino, CaMay 16, 200026 y0
Kevin Thomas RyanLos Angeles, CaNov 15, 200125 y0
Reginald JacksonCertified Financial PlannerRedlands, CaApr 1, 200342 y0
Derrigan Corbett SheedyLos Angeles, CaJan 27, 200522 y0
Peter Wei WangYorba Linda, Ca Mar 22, 200535 y5
Shehab Farouk MohammadLos Angeles, Ca Oct 25, 200732 y0
Kam W. HoAnaheim, Ca Aug 13, 200821 y2
Tara Christel TrautschCertified Financial PlannerPacific Grove, Ca Sep 19, 200819 y2
James Joseph WoodCertified Financial PlannerCreve Coeur, Mo Mar 10, 200925 y4
Adam Reid KilkerCreve Coeur, Mo Jul 21, 201120 y0
Gleb ReynlibCameron Park, Ca Apr 2, 201218 y0
Kara M BrockmeierCertified Financial PlannerSt. Louis, Mo Nov 7, 201216 y0
Artin BandariLos Angeles, Ca Nov 26, 201221 y1
Heather Louise ScullyLos Angeles, CaJun 10, 201330 y0
Brandon Lee Dixon-JamesCertified Financial PlannerFresno, Ca Oct 8, 201322 y6
Rajer I. ChoobakLos Angeles, Ca Nov 13, 201315 y3
Cesar FrancoLos Angeles, Ca Nov 26, 201328 y0
Taea Takagi-JonesHonolulu, Hi Jul 14, 201418 y0
Sheryl Diane RadosNewport Beach, CaJul 3, 201539 y4
Gary Domville RobertsonNewport Beach, CaJul 3, 201543 y4
Willow DrazenLos Angeles, CaJun 4, 201612 y0
Luka Anton PavlinaCertified Financial PlannerKingsburg, Ca Oct 4, 201620 y0
Sylvain P. LapointeWalnut Creek, Ca Jan 31, 201724 y1
Michael Travis WilsonCertified Financial PlannerLos Angeles, Ca Feb 6, 201732 y1
William Emil FredricksonLos Angeles, Ca Feb 13, 201730 y2
Andrew Gleason StewartLos Angeles, Ca Feb 14, 201717 y1
John Hendrik WallbrinkCampbell, Ca Feb 14, 201732 y2
Stacy Mallory TredennickLos Angeles, Ca Feb 14, 201723 y2
Tom Jerald WoodCertified Financial PlannerRedding, Ca Feb 16, 201734 y2
Rebecca Ann CameronLos Angeles, Ca Feb 17, 201716 y1
Lannie Cecil WrightLos Angeles, Ca Mar 3, 201742 y1
David Yoshio TakagiHonolulu, Hi Mar 9, 201751 y0
Megan Mirei TakagiCertified Financial PlannerHonolulu, Hi Mar 9, 201714 y0
Dari Dariush RachediLaguna Niguel, Ca Oct 5, 201735 y1
Jeromy Andrew ParkLos Angeles, Ca Oct 25, 201723 y2
Joseph Starkey HaglerLos Angeles, Ca Oct 27, 201730 y2
Noah Sheehan BoatrightCertified Financial PlannerOrange, Ca Oct 30, 201725 y4
Daryl Andrew ColeCertified Financial PlannerOrange, Ca Nov 1, 201731 y2
All 108 advisors at Nwf Advisory Services Inc
Advisor movement
1 left, 5 joined in 12 months
net +4 in 12 months0 left in 90 days1 joined in 90 daysdeparture rate 0.9% of current headcount5 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Farouk Shehab Mohammad · Presidentcontrol
      since 07/2007 · owns 50% to 75%
    • Louise Heather Scully · Chief Compliance Officercontrol
      since 03/2013 · 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
    OfficeAdvisorsJoinedLeftTeams outForming
    Los Angeles, Ca · principal4413
    Orange, Ca700
    Greenwood Village, Co630
    Honolulu, Hi500
    Westlake Village, Ca400
    Long Beach, Ca410
    Newport Beach, Ca400
    Sikeston, Mo430
    Hays, Ks300
    Las Vegas, Nv300
    Encino, Ca300
    Walnut Creek, Ca310
    Creve Coeur, Mo300
    Campbell, Ca200
    Murrieta, Ca200
    Fredonia, Ny200
    Fort Wayne, In200
    Price, Ut200
    San Diego, Ca200
    Santa Rosa, Ca200
    Offices
    Schedule D 1.F, the 25 largest
    • Orange, CA5 employees
    • Encino, CA4 employees
    • Honolulu, HI4 employees
    • Westlake Village, CA3 employees
    • Fresno, CA3 employees
    • Walnut Creek, CA2 employees
    • Irvine, CA2 employees
    • Long Beach, CA2 employees
    • Santa Rosa, CA2 employees
    • Walnut Creek, CA2 employees
    • San Diego, CA1 employees
    • Newport Beach, CA1 employees
    • Newport Beach, CA1 employees
    • , 1 employees
    • Palm Desert, CA1 employees
    • La Mirada, CA1 employees
    • Alhambra, CA1 employees
    • Alliso Viejo, CA1 employees
    • Cloverdale, CA1 employees
    • Kingsburg, CA1 employees
    • Newport Beach, CA1 employees
    • Novato, CA1 employees
    • , 1 employees
    • Carmel Valley, CA1 employees
    • Pacific Grove, CA1 employees
    ADV anomalies
    4 against comparable advisers; where to look, not conclusions
    • account count surgeChange between filings · filing Mar 31, 2026
      accounts (Item 5.F.2.f) moved from 11,979.0 to 18,868.0 (+58.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was +8.0% (253 comparable advisers, 90.0th percentile of changes)
      peers: independent wealth managers, $5B to $20B (253) · 90% percentile
    • client count surgeChange between filings · filing Mar 31, 2026
      individual and HNW clients (Item 5.D) moved from 6,652.0 to 11,433.0 (+72.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was +6.0% (224 comparable advisers, 94.0th percentile of changes)
      peers: independent wealth managers, $5B to $20B (224) · 94% percentile
    • employee count surgeChange between filings · filing Mar 31, 2026
      employees (Item 5.A) moved from 71.0 to 111.0 (+56.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was +5.0% (264 comparable advisers, 95.0th percentile of changes)
      peers: independent wealth managers, $5B to $20B (264) · 95% percentile
    • RAUM up 50 %Change between filings · filing Mar 31, 2026
      RAUM (Item 5.F) moved from $3,824,876,751 to $6,426,161,220 (+68.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was +18.0% (271 comparable advisers, 94.0th percentile of changes)
      peers: independent wealth managers, $5B to $20B (271) · 94% percentile
    What changed
    consecutive filings, newest first
    • Accounts · 11,979 to 18,868
      May 20, 2025 to Mar 31, 2026
    • Advisory employees · 71 to 102
      May 20, 2025 to Mar 31, 2026
    • BD registered reps · 71 to 111
      May 20, 2025 to Mar 31, 2026
    • HNW clients · 403 to 303
      May 20, 2025 to Mar 31, 2026
    • Individual clients · 6,249 to 11,130
      May 20, 2025 to Mar 31, 2026
    • Pension plan clients · 19.0 to unset
      May 20, 2025 to Mar 31, 2026
    • Assets in custody · $29.5M to $32.5M
      May 20, 2025 to Mar 31, 2026
    • Employees · 71 to 111
      May 20, 2025 to Mar 31, 2026
    • Financial planning clients · 51-100 to 101-250
      May 20, 2025 to Mar 31, 2026
    • State-registered IARs · 0 to 111
      May 20, 2025 to Mar 31, 2026
    • Discretionary RAUM · $2.2B to $3.8B
      May 20, 2025 to Mar 31, 2026
    • HNW RAUM · $986M to $723M
      May 20, 2025 to Mar 31, 2026
    • Individual RAUM · $2.8B to $5.7B
      May 20, 2025 to Mar 31, 2026
    • Non-discretionary RAUM · $1.6B to $2.6B
      May 20, 2025 to Mar 31, 2026
    • Pension RAUM · 0.0 to unset
      May 20, 2025 to Mar 31, 2026
    • RAUM · $3.8B to $6.4B
      May 20, 2025 to Mar 31, 2026
    • Financial planning clients · 51-100 to 51-100
      Mar 31, 2025 to May 20, 2025
    • Accounts · 6,555 to 11,979
      Mar 28, 2024 to Mar 31, 2025
    • Advisory employees · 2 to 71
      Mar 28, 2024 to Mar 31, 2025
    • BD registered reps · 2 to 71
      Mar 28, 2024 to Mar 31, 2025
    • HNW clients · unset to 403.0
      Mar 28, 2024 to Mar 31, 2025
    • Pension plan clients · unset to 19.0
      Mar 28, 2024 to Mar 31, 2025
    • Assets in custody · unset to 29540137.0
      Mar 28, 2024 to Mar 31, 2025
    • Custody of client assets · false to true
      Mar 28, 2024 to Mar 31, 2025
    • Employees · 3 to 71
      Mar 28, 2024 to Mar 31, 2025
    • Insurance-licensed employees · 1 to 0
      Mar 28, 2024 to Mar 31, 2025
    • State-registered IARs · 2 to 0
      Mar 28, 2024 to Mar 31, 2025
    • Discretionary RAUM · $1.7B to $2.2B
      Mar 28, 2024 to Mar 31, 2025
    • HNW RAUM · unset to 985970511.0
      Mar 28, 2024 to Mar 31, 2025
    • Individual RAUM · $3.7B to $2.8B
      Mar 28, 2024 to Mar 31, 2025
    • Non-discretionary RAUM · $2.0B to $1.6B
      Mar 28, 2024 to Mar 31, 2025
    • Pension RAUM · unset to 0.0
      Mar 28, 2024 to Mar 31, 2025
    • RAUM · $3.7B to $3.8B
      Mar 28, 2024 to Mar 31, 2025
    • Related adviser · true to false
      Mar 28, 2024 to Mar 31, 2025
    • Related insurance company · true to false
      Mar 28, 2024 to Mar 31, 2025
    • Wrap assets (manager) · $426M to $0
      Mar 28, 2024 to Mar 31, 2025
    • Accounts · 6,090 to 6,555
      Mar 28, 2023 to Mar 28, 2024
    • Individual clients · 6,090 to 6,249
      Mar 28, 2023 to Mar 28, 2024
    • Financial planning clients · 26-50 to 51-100
      Mar 28, 2023 to Mar 28, 2024
    • State-registered IARs · 1 to 2
      Mar 28, 2023 to Mar 28, 2024
    Signals
    21 dated events
    • Michael Lawrence Weintraub no longer registered at Nwf Advisory Services Inc; no later IA registration on IAPD
      Jul 23, 2026 · Advisor departure · fact
    • Jennie Kern Hunsberger no longer registered at Nwf Advisory Services Inc; no later IA registration on IAPD
      Jul 23, 2026 · Advisor departure · fact
    • Nwf Advisory Services Inc reported 111 state-registered advisory representatives, up from 0 (2025-05-20 to 2026-03-31)
      Mar 31, 2026 · Advisor headcount change · derived
    • Nwf Advisory Services Inc reported RAUM $6.4B, up 68% from $3.8B (2025-05-20 to 2026-03-31)
      Mar 31, 2026 · RAUM change · derived
    • Sarah Katherine Stachnik no longer registered at Nwf Advisory Services Inc; no later IA registration on IAPD
      Oct 15, 2025 · Advisor departure · fact
    • Cynthia Nowicki Moore left Nwf Advisory Services Inc for Osaic Wealth, Inc. (registered 2010-03-03)
      Sep 29, 2025 · Advisor changed firm · fact
    • 2 advisors left The Ameriflex Group (Greenwood Village, CO) for Nwf Advisory Services Inc on the same day
      Sep 8, 2025 · Team lift-out · derived
    • Denise Marie Petersen left Nwf Advisory Services Inc for Asset One Wealth Management, Llc (registered 2025-09-24)
      Sep 3, 2025 · Advisor changed firm · fact
    • Christina Marie Hannah left Nwf Advisory Services Inc for Stifel, Nicolaus & Company, Incorporated (registered 2025-09-03)
      Aug 15, 2025 · Advisor changed firm · fact
    • Ryan Gomez left Nwf Advisory Services Inc for Gerber Kawasaki Wealth & Investment Management (registered 2025-06-16)
      Apr 25, 2025 · Advisor changed firm · fact
    • Justin Buddy Arce left Nwf Advisory Services Inc for Osaic Wealth, Inc. (registered 2020-11-19)
      Apr 16, 2024 · Advisor changed firm · fact
    • Nwf Advisory Services Inc reported RAUM $3.7B, up 30% from $2.9B (2023-03-28 to 2024-03-28)
      Mar 28, 2024 · RAUM change · derived
    • 3 advisors left Cetera Investment Advisers LLC (Westlake Village, CA) for Nwf Advisory Services Inc a day apart
      Apr 3, 2023 · Team lift-out · derived
    • Nwf Advisory Services Inc reported RAUM $2.9B, up 35% from $2.1B (2022-03-28 to 2023-03-28)
      Mar 28, 2023 · RAUM change · derived
    • Charles Scott Anderson left Nwf Advisory Services Inc for Ameriprise Financial Services, Llc (registered 2022-08-29)
      Oct 3, 2022 · Advisor changed firm · fact
    • Nwf Advisory Services Inc reported RAUM $2.1B, up 26% from $1.7B (2021-12-09 to 2022-03-28)
      Mar 28, 2022 · RAUM change · derived
    • Mikhael Mary Mohammad (Executive Vice President) no longer on Schedule A of Nwf Advisory Services Inc (listed 2021-03-24, absent 2021-12-09)
      Dec 9, 2021 · Control person left · inference
    • Nwf Advisory Services Inc reported RAUM $1.4B, up 34% from $1.1B (2019-03-26 to 2020-03-25)
      Mar 25, 2020 · RAUM change · derived
    • Nwf Advisory Services Inc reported 45 offices beyond its principal office, up from 33 (2018-03-28 to 2019-03-26)
      Mar 26, 2019 · Office count change · derived
    • Nwf Advisory Services Inc reported 2 state-registered advisory representatives, down from 29 (2017-03-30 to 2018-03-28)
      Mar 28, 2018 · Advisor headcount change · derived
    • Nwf Advisory Services Inc reported RAUM $911.6M, up 96% from $464.3M (2017-03-30 to 2018-03-28)
      Mar 28, 2018 · RAUM change · derived
    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
    310-475-5854reportedpublished by the firm, firm site, Sep 15, 2026
    Firm profile
    linkedin.com/company/nwf-advisoryreportedpublic record, Form ADV, Sep 17, 2026
    Website
    NWFADVISORY.COMreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    310-475-5854reportedpublic record, Form ADV, Mar 31, 2026
    Contact form
    artisancap.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
    Team page
    artisancap.com/teamreportedpublished by the firm, firm site, Sep 15, 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
    $59.5Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026