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
Adaptive Wealth Engineering
Legal name Summit Portfolio Management LLC
Latest filing Jun 16, 2026
First filing on the tape Mar 29, 2012 · 27 filings
SEC status approved since May 2, 1994
RAUM
$214M
reported, Item 5.F
Discretionary
96%
of RAUM
Private clients
100%
$214M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$42.8M
derived; firm RAUM over IAPD count
Employees
5
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$214M as of Jun 16, 2026
Mar 29, 2012$109M then
HNW client RAUM$197M as of Jun 16, 2026
Mar 26, 2018$89.0M then
State-registered IARs (5.B.3)4 as of Jun 16, 2026
Apr 1, 20131 then
Employees (5.A)5 as of Jun 16, 2026
Apr 1, 20131 then
Private funds: no history
RAUM +26% over the last fiscal year+13% a year over threeIARs 3 to 4
Practice profile
derived from the filing of Jun 16, 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
- RAUM per advisor
- $42.8MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 23derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.5MderivedHNW RAUM over HNW clients
- Average account
- $516,852derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 96%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
- 5.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +26%derivedbetween the last two annual amendments
- Advisor growth, one year
- +33%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +4.6%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, 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
- 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$197M92%
- Individuals$17.2M8.0%
- Individual clients
- 57reported
- HNW clients
- 56reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 414reported
- Financial planning clients
- 101-250reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- 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=0.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Matthew Wayne Ravenscroft | Las Vegas, Nv | Sep 24, 2019 | 25 y | 1 |
| Timothy Francis Bock | Las Vegas, Nv | Sep 25, 2019 | 44 y | 0 |
| Brandon Andres Cruz | Las Vegas, Nv | Nov 2, 2021 | 11 y | 1 |
| Remington Conte | Las Vegas, Nv | Mar 21, 2024 | 10 y | 0 |
| Fionn Peter Allen | Las Vegas, Nv | Mar 24, 2026 | 10 y | 0 |
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
- David Simeon Feinman to Silverlake Portfolio Advisors LLCMar 27, 2015 · Other
- Arthur John Thielen to Thielen Capital CorporationJan 31, 2014 · Other
- Kermit Johns to Johns & Wilkinson LLCAug 13, 2012 · Other
- Simon Street Reeves to Greenberg Graham Advisors LLCAug 6, 2010 · Other
- Barrett Sean Porter to Abacus PortfoliosDec 7, 2006 · Other
Joined, latest
- Brandon Andres Cruz from Ameriprise Financial Services, LLCNov 2, 2021 · Affiliated broker-dealer or bank to independent RIA
- Matthew Wayne Ravenscroft from John P. Dubots Capital Management, LLCSep 24, 2019 · Other
- Arthur John Thielen from Evolve Investment AdvisorsDec 1, 2011 · Other
- Simon Street Reeves from Equitable Advisors, LLCSep 12, 2007 · Other
- Kermit Johns from Sii Investments, Inc.Apr 24, 2006 · Other
- Barrett Sean Porter from Sii Investments, Inc.Nov 22, 2005 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Francis Timothy Bock · President/Chief Compliance Officercontrolsince 04/1995 · owns 75% or more
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 |
|---|---|---|---|---|---|
| Las Vegas, Nv · principal | 5 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- HNW share shiftChange between filings · filing Mar 24, 2026HNW share of RAUM moved from 6.0% to 92.0% between the annual amendments of 2025-03-20 and 2026-03-24peers: independent wealth managers, $100M to $500M (5,676)
What changed
consecutive filings, newest first
- Business name · SUMMIT PORTFOLIO MANAGEMENT LLC to ADAPTIVE WEALTH ENGINEERINGMar 24, 2026 to Jun 16, 2026
- Accounts · 108 to 414Mar 20, 2025 to Mar 24, 2026
- Advisory employees · 4 to 5Mar 20, 2025 to Mar 24, 2026
- HNW clients · 47 to 56Mar 20, 2025 to Mar 24, 2026
- Individual clients · 61 to 57Mar 20, 2025 to Mar 24, 2026
- Employees · 4 to 5Mar 20, 2025 to Mar 24, 2026
- State-registered IARs · 3 to 4Mar 20, 2025 to Mar 24, 2026
- Discretionary RAUM · $160M to $204MMar 20, 2025 to Mar 24, 2026
- HNW RAUM · $10.2M to $197MMar 20, 2025 to Mar 24, 2026
- Individual RAUM · $160M to $17.2MMar 20, 2025 to Mar 24, 2026
- Non-discretionary RAUM · $10.2M to $9.6MMar 20, 2025 to Mar 24, 2026
- RAUM · $170M to $214MMar 20, 2025 to Mar 24, 2026
- Accounts · 477 to 108Mar 21, 2024 to Mar 20, 2025
- Advisory activities · 4 to 3Mar 21, 2024 to Mar 20, 2025
- Individual clients · 63 to 61Mar 21, 2024 to Mar 20, 2025
- Pension plan clients · 0.0 to unsetMar 21, 2024 to Mar 20, 2025
- Financial planning clients · 101-250 to 101-250Mar 21, 2024 to Mar 20, 2025
- Discretionary RAUM · $159M to $160MMar 21, 2024 to Mar 20, 2025
- HNW RAUM · $10.3M to $10.2MMar 21, 2024 to Mar 20, 2025
- Individual RAUM · $159M to $160MMar 21, 2024 to Mar 20, 2025
- Non-discretionary RAUM · $10.1M to $10.2MMar 21, 2024 to Mar 20, 2025
- Pension RAUM · 0.0 to unsetMar 21, 2024 to Mar 20, 2025
- RAUM · $169M to $170MMar 21, 2024 to Mar 20, 2025
- Accounts · 308 to 477Mar 29, 2023 to Mar 21, 2024
- HNW clients · 57 to 47Mar 29, 2023 to Mar 21, 2024
- Individual clients · 52 to 63Mar 29, 2023 to Mar 21, 2024
- Pension plan clients · 1 to 0Mar 29, 2023 to Mar 21, 2024
- Discretionary RAUM · $141M to $159MMar 29, 2023 to Mar 21, 2024
- HNW RAUM · $131M to $10.3MMar 29, 2023 to Mar 21, 2024
- Individual RAUM · $14.2M to $159MMar 29, 2023 to Mar 21, 2024
- Non-discretionary RAUM · $6.5M to $10.1MMar 29, 2023 to Mar 21, 2024
- Pension RAUM · $2.6M to $0Mar 29, 2023 to Mar 21, 2024
- RAUM · $148M to $169MMar 29, 2023 to Mar 21, 2024
- Accounts · 277 to 308Mar 30, 2022 to Mar 29, 2023
- Advisory employees · 3 to 4Mar 30, 2022 to Mar 29, 2023
- HNW clients · 58 to 57Mar 30, 2022 to Mar 29, 2023
- Individual clients · 44 to 52Mar 30, 2022 to Mar 29, 2023
- Employees · 3 to 4Mar 30, 2022 to Mar 29, 2023
- Discretionary RAUM · $132M to $141MMar 30, 2022 to Mar 29, 2023
- HNW RAUM · $126M to $131MMar 30, 2022 to Mar 29, 2023
Signals
No event on the tape.
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
- info@aweadvisors.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 855-686-5800reportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 800-683-5800reportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 702-838-9999reportedpublished by the firm, firm site, Sep 16, 2026
- Firm profile
- linkedin.com/company/aweadvisorsreportedpublic record, Form ADV, Sep 17, 2026
- Website
- aweadvisors.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 702 838 9999reportedpublic record, Form ADV, Jun 16, 2026
- Contact form
- aweadvisors.com/contactreportedpublished by the firm, firm site, Sep 16, 2026
- Team page
- aweadvisors.com/team-memberreportedpublished by the firm, firm site, Sep 16, 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
- $42.8Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026