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
Ironwood Investment Counsel, LLC
Latest filing Mar 24, 2026
First filing on the tape Mar 23, 2012 · 49 filings
SEC status approved since Mar 6, 2001
RAUM
$1.8B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
90%
$1.6B individuals and HNW
Advisors
13
registered through the firm on IAPD
RAUM per advisor
$135M
derived; firm RAUM over IAPD count
Employees
22
12 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
49 filings and snapshots on the tape
RAUM$1.8B as of Mar 24, 2026
Mar 23, 2012$626M then
HNW client RAUM$1.4B as of Mar 24, 2026
Mar 20, 2018$964M then
State-registered IARs (5.B.3)12 as of Mar 24, 2026
Apr 1, 20136 then
Employees (5.A)22 as of Mar 24, 2026
Apr 1, 201312 then
Private funds: no history
RAUM +16% over the last fiscal year+14% a year over threeIARs 11 to 12
Practice profile
derived from the filing of Mar 24, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- 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
- RAUM per advisor
- $135MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 42derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $4.6MderivedHNW RAUM over HNW clients
- Average account
- $695,996derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 3.3%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.7derivedItem 5.A over advisors
- Advisors per office
- 13.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +16%derivedbetween the last two annual amendments
- Advisor growth, one year
- +9.1%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +4.2%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisersreportedItem 5.G
- Custody
- $800M, 217 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$1.4B78%
- Individuals$212M12%
- Other investment advisers$96.7M5.5%
- Charitable organizations$30.0M1.7%
- Pension and profit-sharing plans$28.0M1.6%
- Corporations and businesses$21.3M1.2%
- Individual clients
- 249reported
- HNW clients
- 300reported
- Pension plan clients
- n/areported
- Charitable clients
- 5reported
- Accounts
- 2,525reported
- Financial planning clients
- 251-500reported
- Wrap fee programs
- noreported
- Custody of client assets
- $800M for 217 clientsreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.9 fund_share=0.06 institutional_share=0.03 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
13 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Bruce Conklin WilliamsChartered Financial Analyst | Scottsdale, Az | Mar 12, 2003 | 26 y | 1 |
| Matthew Jefferson CarterCertified Financial Planner, Chartered Financial Analyst | Scottsdale, Az | Jun 16, 2005 | 24 y | 1 |
| Matthew Sean KellyCertified Financial Planner, Chartered Financial Analyst | Scottsdale, Az | Jan 16, 2013 | 17 y | 0 |
| Brian Nichols JacksonCertified Financial Planner, Chartered Financial Analyst | Scottsdale, Az | Mar 13, 2017 | 22 y | 0 |
| Barrett A. GeistCertified Financial Planner | Scottsdale, Az | Mar 15, 2021 | 10 y | 0 |
| Michael Christopher LossingCertified Financial Planner | Scottsdale, Az | Feb 9, 2022 | 34 y | 2 |
| Richard Gregory AntonioChartered Financial Analyst | Scottsdale, Az | Jun 23, 2023 | 14 y | 0 |
| Giancarlo Jose MateusCertified Financial Planner | Scottsdale, Az | Jul 1, 2024 | 19 y | 1 |
| Evan Patrick SweeneyCertified Financial Planner | Scottsdale, Az | Sep 20, 2024 | 13 y | 1 |
| John Robert EllisonChartered Financial Analyst | Scottsdale, Az | Nov 18, 2024 | 10 y | 0 |
| Daniel Edward Mora | Scottsdale, Az | Nov 3, 2025 | 11 y | 0 |
| Roger Surindra Gokool | Scottsdale, Az | Apr 27, 2026 | 10 y | 0 |
| Jessica Catherine Coleman | Scottsdale, Az | Aug 10, 2026 | 11 y | 1 |
Advisor movement
1 left, 1 joined in 12 months
net 0 in 12 months0 left in 90 days1 joined in 90 daysdeparture rate 7.7% of current headcount2 left over 36 months
Left, latest
- Alek John Sokoloski to Avior Wealth Management, LLCMar 15, 2026 · RIA to RIA
- Stephen Mandracchia to Dew Wealth ManagementNov 28, 2023 · RIA to RIA
- William Darrell Lee to Clarkston Capital Partners, LLCDec 31, 2020 · RIA to RIA
- Jeffrey Edward Shiffra to Clarkston Capital Partners, LLCDec 31, 2020 · RIA to RIA
- Gregory Don Stott to Approach Capital LLCFeb 16, 2018 · Other
Joined, latest
- Jessica Catherine Coleman from Fisher InvestmentsAug 10, 2026 · RIA to RIA
- Evan Patrick Sweeney from Fisher InvestmentsSep 20, 2024 · RIA to RIA
- Giancarlo Jose Mateus from Charles Schwab & Co., Inc.Jul 1, 2024 · Affiliated broker-dealer or bank to independent RIA
- Stephen Mandracchia from Morgan StanleyMay 15, 2023 · Wirehouse to independent RIA
- Michael Christopher Lossing from Stoker Ostler, A Part Of Bmo Financial GroupFeb 9, 2022 · Other
- Gregory Don Stott from Alpha FiduciaryAug 3, 2016 · Other
- William Darrell Lee from Osaic Fa, Inc.Apr 24, 2013 · Other
- Matthew Jefferson Carter from Inlign Wealth Management, LLCJun 16, 2005 · Other
- Bruce Conklin Williams from L. Roy Papp & Associates, LlpMar 12, 2003 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 2 left for Clarkston Capital Partners, LLCDec 31, 2020 · Phoenix, Az
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Jefferson Matthew Carter · Managing Partner/Chief Compliance Officercontrolsince 01/2021 · owns 75% or more
- Nichols Brian Jackson · Partner, Senior Portfolio Managersince 09/2024 · owns less than 5%
- Sean Matthew Kelly · Partner, Senior Wealth Advisorsince 09/2024 · 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 |
|---|---|---|---|---|---|
| Scottsdale, Az · principal | 13 | 3 | 1 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 2,349 to 2,525Oct 13, 2025 to Mar 24, 2026
- Advisory employees · 14 to 12Oct 13, 2025 to Mar 24, 2026
- HNW clients · 312 to 300Oct 13, 2025 to Mar 24, 2026
- Individual clients · 215 to 249Oct 13, 2025 to Mar 24, 2026
- Assets in custody · $244M to $800MOct 13, 2025 to Mar 24, 2026
- Employees · 19 to 22Oct 13, 2025 to Mar 24, 2026
- State-registered IARs · 11 to 12Oct 13, 2025 to Mar 24, 2026
- Discretionary RAUM · $1.5B to $1.8BOct 13, 2025 to Mar 24, 2026
- HNW RAUM · $1.2B to $1.4BOct 13, 2025 to Mar 24, 2026
- Individual RAUM · $111M to $212MOct 13, 2025 to Mar 24, 2026
- Pension RAUM · $35.5M to $28.0MOct 13, 2025 to Mar 24, 2026
- RAUM · $1.5B to $1.8BOct 13, 2025 to Mar 24, 2026
- Accounts · 1,982 to 2,349Oct 9, 2024 to Mar 18, 2025
- Advisory employees · 13 to 14Oct 9, 2024 to Mar 18, 2025
- HNW clients · 299 to 312Oct 9, 2024 to Mar 18, 2025
- Individual clients · 206 to 215Oct 9, 2024 to Mar 18, 2025
- Assets in custody · $144M to $244MOct 9, 2024 to Mar 18, 2025
- Financial planning clients · 251-500 to 251-500Oct 9, 2024 to Mar 18, 2025
- State-registered IARs · 8 to 11Oct 9, 2024 to Mar 18, 2025
- Discretionary RAUM · $1.4B to $1.5BOct 9, 2024 to Mar 18, 2025
- HNW RAUM · $1.1B to $1.2BOct 9, 2024 to Mar 18, 2025
- Individual RAUM · $126M to $111MOct 9, 2024 to Mar 18, 2025
- Pension RAUM · $32.4M to $35.5MOct 9, 2024 to Mar 18, 2025
- RAUM · $1.4B to $1.5BOct 9, 2024 to Mar 18, 2025
- Accounts · 2,206 to 1,982Mar 15, 2023 to Mar 26, 2024
- Charity clients · 4 to 5Mar 15, 2023 to Mar 26, 2024
- Corporate clients · 4.0 to unsetMar 15, 2023 to Mar 26, 2024
- HNW clients · 284 to 299Mar 15, 2023 to Mar 26, 2024
- Individual clients · 223 to 206Mar 15, 2023 to Mar 26, 2024
- Pension plan clients · 1.0 to unsetMar 15, 2023 to Mar 26, 2024
- Assets in custody · $7.8M to $144MMar 15, 2023 to Mar 26, 2024
- Employees · 17 to 19Mar 15, 2023 to Mar 26, 2024
- State-registered IARs · 7 to 8Mar 15, 2023 to Mar 26, 2024
- Discretionary RAUM · $1.2B to $1.4BMar 15, 2023 to Mar 26, 2024
- HNW RAUM · $1.0B to $1.1BMar 15, 2023 to Mar 26, 2024
- Individual RAUM · $95.0M to $126MMar 15, 2023 to Mar 26, 2024
- Pension RAUM · $32.3M to $32.4MMar 15, 2023 to Mar 26, 2024
- RAUM · $1.2B to $1.4BMar 15, 2023 to Mar 26, 2024
- Accounts · 1,990 to 2,206Mar 28, 2022 to Mar 14, 2023
- Advisory employees · 10 to 13Mar 28, 2022 to Mar 14, 2023
Signals
5 dated events
- Alek John Sokoloski left Ironwood Investment Counsel, Llc for Avior Wealth Management, Llc (registered 2026-04-10)Mar 15, 2026 · Advisor changed firm · fact
- Conklin Bruce Williams (Partner) no longer on Schedule A of Ironwood Investment Counsel, Llc (listed 2023-03-15, absent 2024-03-26)Mar 26, 2024 · Control person left · inference
- Stephen Mandracchia left Ironwood Investment Counsel, Llc for Dew Wealth Management (registered 2023-09-22)Nov 28, 2023 · Advisor changed firm · fact
- Warren Paul Alston (Managing Partner/Chief Compliance Officer) no longer on Schedule A of Ironwood Investment Counsel, Llc (listed 2020-12-07, absent 2021-01-18)Jan 18, 2021 · Control person left · inference
- Edward Jeffrey Shiffra (Managing Partner) no longer on Schedule A of Ironwood Investment Counsel, Llc (listed 2020-12-07, absent 2021-01-18)Jan 18, 2021 · Control person left · inference
Across DFX
shared identifiers only, never a name match
- Ironwood Investment Counsel · Family Officesshared crd · office
How to reach
public business contact points only, each with its source
- Business phone
- 480-609-4700reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 480-609-4725reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- linkedin.com/company/ironwood-investment-counselreportedpublic record, Form ADV, Sep 18, 2026
- Website
- IRONWOODIC.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 480-609-4700reportedpublic record, Form ADV, Mar 24, 2026
- Team page
- ironwoodic.com/team/bruce-williamsreportedpublished 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
- $135Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026