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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Former SEC-registered adviser

V•••• A•••••••• I•••

Former SEC-registered adviserSeattle, WashingtonCRD 110565SEC 801-33895websiteIAPD
Latest filing Mar 20, 2026
First filing on the tape Mar 28, 2012 · 26 filings
SEC status approved since Feb 17, 1989
RAUM
$19B
reported, Item 5.F
Discretionary
53%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
87
83 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
0
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$19B as of Mar 20, 2026
Mar 28, 2012$1.2B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 20, 2026
Mar 28, 20120 then
Employees (5.A)87 as of Mar 20, 2026
Mar 19, 201346 then
Private funds: no history
RAUM +11% over the last fiscal year+32% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 20, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$159MderivedRAUM over accounts (5.F.2.f)
Discretionary
53%derivedof RAUM
Institutional
75%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived4 offices incl. principal (1.F.5)
RAUM growth, one year
+11%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, hourly, fixed fees, otherreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 5.G
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)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pension and profit-sharing plans$11B57%
  • Corporations and businesses$4.8B25%
  • Charitable organizations$3.4B17%
  • State and municipal entities$106M0.5%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
32reported
Charitable clients
20reported
Accounts
122reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • M••••••• J••••••• J•••• · Director/Ceo/Shareholdercontrol
    since 08/2001 · owns less than 5%
  • M••••• K••••• S••••• · President/Chief Financial Officer/Shareholdercontrol
    since 10/2024 · owns less than 5%
  • T••••• I••• M• · Chief Investment Officer, Shareholdercontrol
    since 07/2017 · owns less than 5%
  • W•••••• S••••• J••••• · Evp/Senior Consultant/Shareholdercontrol
    since 01/2007 · owns 5% to 10%
  • M••••••• J••••••• J•••• · Shareholdercontrol
    since 04/2012 · owns 50% to 75% of V•••• H••••••• C••••••
  • S••••••• W•••••• R• · Chief Compliance Officer
    since 11/2014 · owns less than 5%
Entity owners
  • V•••• H••••••• C•••••• · Shareholder
    direct · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Offices
Schedule D 1.F, the 25 largest
  • San Francisco, CA14 employees
  • El Segundo, CA13 employees
  • Pittsburgh, PA4 employees
What changed
consecutive filings, newest first
  • Accounts · 111 to 122
    Mar 27, 2025 to Mar 20, 2026
  • Advisory employees · 85 to 83
    Mar 27, 2025 to Mar 20, 2026
  • Corporate clients · 6 to 5
    Mar 27, 2025 to Mar 20, 2026
  • Pension plan clients · 30 to 32
    Mar 27, 2025 to Mar 20, 2026
  • Employees · 89 to 87
    Mar 27, 2025 to Mar 20, 2026
  • Discretionary RAUM · $9.4B to $10B
    Mar 27, 2025 to Mar 20, 2026
  • Non-discretionary RAUM · $8.2B to $9.1B
    Mar 27, 2025 to Mar 20, 2026
  • Pension RAUM · $11B to $11B
    Mar 27, 2025 to Mar 20, 2026
  • RAUM · $18B to $19B
    Mar 27, 2025 to Mar 20, 2026
  • Accounts · 106 to 111
    Dec 11, 2024 to Mar 27, 2025
  • Advisory employees · 82 to 85
    Dec 11, 2024 to Mar 27, 2025
  • Pension plan clients · 26 to 30
    Dec 11, 2024 to Mar 27, 2025
  • Employees · 88 to 89
    Dec 11, 2024 to Mar 27, 2025
  • Financial planning clients · unset to
    Dec 11, 2024 to Mar 27, 2025
  • Discretionary RAUM · $4.4B to $9.4B
    Dec 11, 2024 to Mar 27, 2025
  • Non-discretionary RAUM · $6.6B to $8.2B
    Dec 11, 2024 to Mar 27, 2025
  • Pension RAUM · $4.8B to $11B
    Dec 11, 2024 to Mar 27, 2025
  • RAUM · $11B to $18B
    Dec 11, 2024 to Mar 27, 2025
  • Accounts · 96 to 106
    Mar 29, 2023 to Mar 28, 2024
  • Charity clients · 21 to 20
    Mar 29, 2023 to Mar 28, 2024
  • Corporate clients · 4 to 6
    Mar 29, 2023 to Mar 28, 2024
  • Discretionary RAUM · $3.8B to $4.4B
    Mar 29, 2023 to Mar 28, 2024
  • Non-discretionary RAUM · $4.7B to $6.6B
    Mar 29, 2023 to Mar 28, 2024
  • Pension RAUM · $4.3B to $4.8B
    Mar 29, 2023 to Mar 28, 2024
  • RAUM · $8.5B to $11B
    Mar 29, 2023 to Mar 28, 2024
  • Accounts · 83 to 96
    Mar 22, 2022 to Mar 29, 2023
  • Advisory employees · 81 to 82
    Mar 22, 2022 to Mar 29, 2023
  • Corporate clients · 3 to 4
    Mar 22, 2022 to Mar 29, 2023
  • Pension plan clients · 18 to 26
    Mar 22, 2022 to Mar 29, 2023
  • Discretionary RAUM · $5.2B to $3.8B
    Mar 22, 2022 to Mar 29, 2023
  • Non-discretionary RAUM · $4.2B to $4.7B
    Mar 22, 2022 to Mar 29, 2023
  • Pension RAUM · $3.6B to $4.3B
    Mar 22, 2022 to Mar 29, 2023
  • RAUM · $9.4B to $8.5B
    Mar 22, 2022 to Mar 29, 2023
  • Accounts · 76 to 83
    May 26, 2021 to Mar 22, 2022
  • Advisory employees · 75 to 81
    May 26, 2021 to Mar 22, 2022
  • Charity clients · 15 to 21
    May 26, 2021 to Mar 22, 2022
  • Corporate clients · 8 to 3
    May 26, 2021 to Mar 22, 2022
  • Pension plan clients · 16 to 18
    May 26, 2021 to Mar 22, 2022
  • Employees · 82 to 88
    May 26, 2021 to Mar 22, 2022
  • Discretionary RAUM · $4.9B to $5.2B
    May 26, 2021 to Mar 22, 2022
Signals
8 dated events
  • V•••• A•••••••• I••• no longer on the SEC adviser roster (last listed 2026-06-01, RAUM $19.4B)
    Jul 1, 2026 · Left the SEC roster · derived
  • V•••• A•••••••• I••• reported RAUM $17.5B, up 59% from $11.0B (2024-12-11 to 2025-03-27)
    Mar 27, 2025 · RAUM change · derived
  • Jean Shelly Heier (Director/President/Senior Consultant/Shareholder) no longer on Schedule A of V•••• A•••••••• I••• (listed 2024-03-28, absent 2024-12-11)
    Dec 11, 2024 · Control person left · inference
  • V•••• A•••••••• I••• reported RAUM $11.0B, up 30% from $8.5B (2023-03-29 to 2024-03-28)
    Mar 28, 2024 · RAUM change · derived
  • V•••• A•••••••• I••• reported RAUM $8.3B, up 46% from $5.7B (2020-04-01 to 2021-03-31)
    Mar 31, 2021 · RAUM change · derived
  • Walter Barry Dennis (Director) no longer on Schedule A of V•••• A•••••••• I••• (listed 2020-04-01, absent 2021-03-31)
    Mar 31, 2021 · Control person left · inference
  • Joy Angela Swensen (Treasurer/Shareholder) no longer on Schedule A of V•••• A•••••••• I••• (listed 2019-03-26, absent 2020-04-01)
    Apr 1, 2020 · Control person left · inference
  • V•••• A•••••••• I••• reported RAUM $4.9B, down 78% from $22.1B (2017-03-31 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.
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