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

F••••••• P••• I••••••••• L••

Wealth manager with institutional or fund businessBloomfield Hills, MichiganCRD 110762SEC 801-21073websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Dec 5, 2011 · 27 filings
SEC status approved since Apr 12, 1984
RAUM
$1.5B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
25%
$365M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$297M
derived; firm RAUM over IAPD count
Employees
68
5 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$1.5B as of Mar 31, 2026
Mar 29, 2012$1.2B then
HNW client RAUM$104M as of Mar 31, 2026
Mar 28, 2018$619M then
State-registered IARs (5.B.3)3 as of Mar 31, 2026
Apr 1, 20132 then
Employees (5.A)68 as of Mar 31, 2026
Apr 1, 201360 then
Private funds: no history
RAUM -3.4% over the last fiscal year-1.7% a year over threeIARs 5 to 3
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
Archetypes, each a printed rule
RAUM per advisor
$297MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
1,812derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$141,561derivedHNW RAUM over HNW clients
Average account
$142,617derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
2.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
13.6derivedItem 5.A over advisors
Advisors per office
5.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-3.4%derivedbetween the last two annual amendments
Advisor growth, one year
-40%derivedItem 5.B.3 between annual amendments
Client growth, one year
-16%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for investment companies, publicationsreportedItem 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
  • Investment companies$1.1B73%
  • Individuals$261M18%
  • High-net-worth individuals$104M7.0%
  • Charitable organizations$22.8M1.5%
  • Pension and profit-sharing plans$5.1M0.3%
  • Corporations and businesses$2.6M0.2%
  • State and municipal entities$1.7M0.1%
Individual clients
8,323reported
HNW clients
737reported
Pension plan clients
33reported
Charitable clients
25reported
Accounts
10,406reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.25 fund_share=0.73 institutional_share=0.02 related_bd=false related_bank=false bd_reps=7.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
J•••• C•••••• W•••••Bloomfield Hills, MiJan 1, 199345 y0
C••••••••• S•••• N••••••Bloomfield Hills, MiFeb 27, 202021 y3
C••• R•••••• R••••••Bloomfield Hills, MiOct 18, 202432 y2
J••••• R••••Bloomfield Hills, MiMar 3, 202610 y0
A••• S•••• R••••Bloomfield Hills, Mi May 15, 202623 y5
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount6 left over 36 months
Left, latest
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • F•••••••• R••••••• S••••••• · Chief Financial Officercontrol
    since 06/2022 · owns less than 5%
  • H••••••• M•••••••• M•••• · Chief Operating Officercontrol
    since 05/2022 · owns less than 5%
  • I•••••••• J••••••• A•••• · Senior Vice President, Chief Information Officercontrol
    since 10/2016 · owns less than 5%
  • S••••• G••••••• M•••••• · Chief Compliance Officercontrol
    since 01/2014 · owns less than 5%
  • T•••• R•••• · Executive Vice- Presidentcontrol
    since 08/2006 · owns 10% to 25%
  • W•••••• J••••• C•••••• · Ceo / Presidentcontrol
    since 02/1981 · owns 75% or more
  • B••••• S•••• M•••••• · Corporate Counsel
    since 05/2022 · owns less than 5%
  • H••••• T•••••• · Director Of Research
    since 03/2024 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Advisers that list F••••••• P••• I••••••••• L•• as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Bloomfield Hills, Mi · principal520
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
4 against comparable advisers; where to look, not conclusions
  • high employee count relative to advisorsStatic outlier · filing Mar 31, 2026
    employees per registered advisor of 13.6 against a peer median of 1.5 (1101 comparable advisers, 100.0th percentile, 25.0 robust deviations)
    peers: independent wealth managers, $1B to $5B (1,101) · 100% percentile
  • unusually high clients per advisorStatic outlier · filing Mar 31, 2026
    private clients per advisor of 1,812.0 against a peer median of 64.5 (1151 comparable advisers, 100.0th percentile, 42.7 robust deviations)
    peers: independent wealth managers, $1B to $5B (1,151) · 100% percentile
  • control person changedChange between filings · filing Mar 31, 2026
    H••••••• M•••••••• M•••• (CHIEF OPERATING OFFICER) left Schedule A between the filings of 2024-03-27 and 2026-03-31
    peers: independent wealth managers, $1B to $5B (1,362)
  • advisor count dropChange between filings · filing Mar 31, 2026
    advisory representatives (Item 5.B.3) moved from 5.0 to 3.0 (-40.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was 0.0% (999 comparable advisers, 1.0th percentile of changes)
    peers: independent wealth managers, $1B to $5B (999) · 1.2% percentile
What changed
consecutive filings, newest first
  • Accounts · 12,557 to 10,406
    Jun 10, 2025 to Mar 31, 2026
  • BD registered reps · 4 to 7
    Jun 10, 2025 to Mar 31, 2026
  • Charity clients · 26 to 25
    Jun 10, 2025 to Mar 31, 2026
  • Corporate clients · 24 to 11
    Jun 10, 2025 to Mar 31, 2026
  • HNW clients · 948 to 737
    Jun 10, 2025 to Mar 31, 2026
  • Individual clients · 9,838 to 8,323
    Jun 10, 2025 to Mar 31, 2026
  • Pension plan clients · 34 to 33
    Jun 10, 2025 to Mar 31, 2026
  • Employees · 79 to 68
    Jun 10, 2025 to Mar 31, 2026
  • State-registered IARs · 5 to 3
    Jun 10, 2025 to Mar 31, 2026
  • Discretionary RAUM · $1.5B to $1.5B
    Jun 10, 2025 to Mar 31, 2026
  • HNW RAUM · $105M to $104M
    Jun 10, 2025 to Mar 31, 2026
  • Individual RAUM · $314M to $261M
    Jun 10, 2025 to Mar 31, 2026
  • Pension RAUM · $5.3M to $5.1M
    Jun 10, 2025 to Mar 31, 2026
  • RAUM · $1.5B to $1.5B
    Jun 10, 2025 to Mar 31, 2026
  • Financial planning clients · unset to
    Mar 31, 2025 to Jun 10, 2025
  • Accounts · 13,703 to 12,557
    Mar 27, 2024 to Mar 31, 2025
  • Advisory employees · 3 to 5
    Mar 27, 2024 to Mar 31, 2025
  • BD registered reps · 6 to 4
    Mar 27, 2024 to Mar 31, 2025
  • Charity clients · 21 to 26
    Mar 27, 2024 to Mar 31, 2025
  • Corporate clients · 30 to 24
    Mar 27, 2024 to Mar 31, 2025
  • HNW clients · 1,283 to 948
    Mar 27, 2024 to Mar 31, 2025
  • Individual clients · 10,389 to 9,838
    Mar 27, 2024 to Mar 31, 2025
  • Pension plan clients · 36 to 34
    Mar 27, 2024 to Mar 31, 2025
  • Employees · 84 to 79
    Mar 27, 2024 to Mar 31, 2025
  • State-registered IARs · 6 to 5
    Mar 27, 2024 to Mar 31, 2025
  • Discretionary RAUM · $1.4B to $1.5B
    Mar 27, 2024 to Mar 31, 2025
  • HNW RAUM · $81.6M to $105M
    Mar 27, 2024 to Mar 31, 2025
  • Individual RAUM · $230M to $314M
    Mar 27, 2024 to Mar 31, 2025
  • Pension RAUM · $11.0M to $5.3M
    Mar 27, 2024 to Mar 31, 2025
  • RAUM · $1.4B to $1.5B
    Mar 27, 2024 to Mar 31, 2025
  • Accounts · 16,052 to 13,703
    Mar 30, 2023 to Mar 27, 2024
  • Advisory activities · 5 to 4
    Mar 30, 2023 to Mar 27, 2024
  • Charity clients · 22 to 21
    Mar 30, 2023 to Mar 27, 2024
  • Corporate clients · 34 to 30
    Mar 30, 2023 to Mar 27, 2024
  • HNW clients · 1,843 to 1,283
    Mar 30, 2023 to Mar 27, 2024
  • Individual clients · 12,430 to 10,389
    Mar 30, 2023 to Mar 27, 2024
  • Pension plan clients · 53 to 36
    Mar 30, 2023 to Mar 27, 2024
  • Employees · 93 to 84
    Mar 30, 2023 to Mar 27, 2024
  • Discretionary RAUM · $1.6B to $1.4B
    Mar 30, 2023 to Mar 27, 2024
  • HNW RAUM · $108M to $81.6M
    Mar 30, 2023 to Mar 27, 2024
Signals
20 dated events
  • C••• M••••••• left F••••••• P••• I••••••••• L•• for T••••••• I••••••••• M••••••••• I••• (registered 2025-09-12)
    Sep 5, 2025 · Advisor changed firm · fact
  • J••••• B••••••• M••••• left F••••••• P••• I••••••••• L•• for C••••• I••••••••• A••••••• L•• (registered 2026-01-14)
    Jul 2, 2025 · Advisor changed firm · fact
  • M••• E•••••••• J•••• left F••••••• P••• I••••••••• L•• for O•••• W•••••• I••• (registered 2024-07-18)
    Jun 14, 2024 · Advisor changed firm · fact
  • D•••••• L••• S••••••• left F••••••• P••• I••••••••• L•• for T•• A•••••••• I••• (registered 2025-09-18)
    May 3, 2024 · Advisor changed firm · fact
  • A••••• A•••••• J•••• left F••••••• P••• I••••••••• L•• for N••• F•••••••• G••••• I••• (registered 2024-04-30)
    Apr 15, 2024 · Advisor changed firm · fact
  • M•••••• J•••• T••• (Director Of Research) no longer on Schedule A of F••••••• P••• I••••••••• L•• (listed 2023-03-30, absent 2024-03-27)
    Mar 27, 2024 · Control person left · inference
  • Marie Michelle Higgins (Chief Operating Officer) appeared on Schedule A of F••••••• P••• I••••••••• L••
    Mar 27, 2024 · Control person joined · fact
  • S••••••• R•••••• F••••••• (Chief Financial Officer) appeared on Schedule A of F••••••• P••• I••••••••• L••
    Mar 27, 2024 · Control person joined · fact
  • A••• E• K••••••• left F••••••• P••• I••••••••• L•• for T•• I••••••••• M••••••••• C•••••• L•• (registered 2024-03-05)
    Feb 15, 2024 · Advisor changed firm · fact
  • N•••••• W••••••• left F••••••• P••• I••••••••• L•• for B••• • G••••• L•• (registered 2024-02-28)
    Jul 5, 2023 · Advisor changed firm · fact
  • Joseph John Iseman (Corporate Counsel) no longer on Schedule A of F••••••• P••• I••••••••• L•• (listed 2022-03-31, absent 2023-03-30)
    Mar 30, 2023 · Control person left · inference
  • L•••••• D•••• left F••••••• P••• I••••••••• L•• for B••••• C•••••• M••••••••• I••• (registered 2022-11-22)
    Sep 28, 2022 · Advisor changed firm · fact
  • M•••••• D• H••••• left F••••••• P••• I••••••••• L•• for A••••••••• I••• (registered 2022-08-18)
    Jul 5, 2022 · Advisor changed firm · fact
  • M•••••• W••••• R••••• left F••••••• P••• I••••••••• L•• for T••• N•••• W••••• S••••••••• (registered 2022-06-16)
    May 20, 2022 · Advisor changed firm · fact
  • Baxter Peter Mauthe (Vice President Of Corporate Development) no longer on Schedule A of F••••••• P••• I••••••••• L•• (listed 2021-03-09, absent 2022-03-31)
    Mar 31, 2022 · Control person left · inference
  • M•••••• J•••• T••• (Director Of Research) appeared on Schedule A of F••••••• P••• I••••••••• L••
    Mar 30, 2020 · Control person joined · fact
  • Arthur David White (Cfo, Corporate Secretary) no longer on Schedule A of F••••••• P••• I••••••••• L•• (listed 2019-03-27, absent 2020-03-30)
    Mar 30, 2020 · Control person left · inference
  • Paul Patrick Cahill (Senior Vice President - National Sales Manager) no longer on Schedule A of F••••••• P••• I••••••••• L•• (listed 2019-03-27, absent 2020-03-30)
    Mar 30, 2020 · Control person left · inference
  • Joseph L•••••• D•••• (Vice President Sales) no longer on Schedule A of F••••••• P••• I••••••••• L•• (listed 2018-03-28, absent 2019-03-27)
    Mar 27, 2019 · Control person left · inference
  • Paul Patrick Cahill (Senior Vice President - National Sales Manager) appeared on Schedule A of F••••••• P••• I••••••••• L••
    Mar 27, 2019 · Control person joined · fact
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 email
bsantiago@flexibleplan.comreportedpublished by the firm, firm site, Sep 15, 2026
Business email
rmuldoon@flexibleplan.comreportedpublished by the firm, firm site, Sep 15, 2026
Business email
tschield@flexibleplan.comreportedpublished by the firm, firm site, Sep 15, 2026
Business phone
248-479-3017reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
248-939-5598reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
248-642-6741reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
H••••://WWW.LINKEDIN.COM/COMPANY/1174344reportedpublic record, Form ADV, Sep 18, 2026
Website
H••••://F•••••••P•••.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
800-347-3539reportedpublic record, Form ADV, Mar 31, 2026
Contact form
flexibleplan.com/contact-us/sales-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
Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
RAUM per advisor
$297Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026