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
The Putney Financial Group LLC
Latest filing Jun 26, 2026
First filing on the tape Mar 30, 2012 · 31 filings
SEC status approved since Jan 9, 2004
RAUM
$205M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
100%
$205M individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$34.2M
derived; firm RAUM over IAPD count
Employees
8
4 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
31 filings and snapshots on the tape
RAUM$205M as of Jun 26, 2026
Apr 4, 2012$116M then
HNW client RAUM$139M as of Jun 26, 2026
Mar 28, 2018$142M then
State-registered IARs (5.B.3)4 as of Jun 26, 2026
Apr 4, 20120 then
Employees (5.A)8 as of Jun 26, 2026
Apr 1, 20136 then
Private funds: no history
RAUM +9.7% over the last fiscal year+7.3% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Jun 26, 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
- RAUM per advisor
- $34.2MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 35derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.4MderivedHNW RAUM over HNW clients
- Average account
- $216,676derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 98%derivedof RAUM
- Institutional
- 0.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.3derivedItem 5.A over advisors
- Advisors per office
- 3.0derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +9.7%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -5.8%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, publications, educational seminarsreportedItem 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$139M68%
- Individuals$66.0M32%
- Charitable organizations$145,5030.1%
- Individual clients
- 155reported
- HNW clients
- 57reported
- Pension plan clients
- n/areported
- Charitable clients
- 3reported
- Accounts
- 948reported
- 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=4.0derived
Advisors registered through the firm
6 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Kelly S Lawson | San Rafael, Ca | Aug 22, 2018 | 30 y | 5 |
| Andrew John Taylor | San Rafael, Ca | Jun 21, 2019 | 12 y | 1 |
| Terry Lee Allen | San Rafael, Ca | Jun 25, 2019 | 27 y | 3 |
| Echo Chiaping Chien | San Rafael, Ca | Jul 23, 2024 | 30 y | 3 |
| Stephen Russell Stanford | Fairhope, Al | Apr 4, 2025 | 39 y | 2 |
| Raymond Lawrence Lent | San Rafael, Ca | Oct 3, 2025 | 30 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
- Michael Edward Chadwick to Chadwick Financial Advisors, LLCJun 3, 2019 · RIA to a state-registered adviser
Joined, latest
- Stephen Russell Stanford from Portsmouth Financial ServicesApr 4, 2025 · Other
- Echo Chiaping Chien from Portsmouth Financial ServicesJul 23, 2024 · Other
- Terry Lee Allen from Portsmouth Financial ServicesJun 25, 2019 · Other
- Andrew John Taylor from Portsmouth Financial ServicesJun 21, 2019 · Other
- Michael Edward Chadwick from Portsmouth Financial ServicesMay 8, 2019 · Other
- Kelly S Lawson from Portsmouth Financial ServicesAug 22, 2018 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 3 joined from Portsmouth Financial ServicesJun 21, 2019 · San Francisco, Ca
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Chiaping Echo Chien · Chief Compliance Officercontrolsince 06/2024 · owns less than 5%
- Lawrence Raymond Lent · Founder/Managing Membercontrolsince 05/1997 · owns 75% or more
Related persons
Schedule D 7.A
- Portsmouth Financial Services, Inc.broker-dealerinvestment advisern
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| San Rafael, Ca · principal | 6 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
2 against comparable advisers; where to look, not conclusions
- affiliate changedChange between filings · filing Jun 26, 2026broker-dealer affiliate (Item 7.A.1): yes on the filing of 2026-03-20, no on the filing of 2026-06-26peers: independent wealth managers, $100M to $500M (5,676)
- HNW share shiftChange between filings · filing Mar 20, 2026HNW share of RAUM moved from 87.0% to 68.0% between the annual amendments of 2025-04-23 and 2026-03-20peers: independent wealth managers, $100M to $500M (5,676)
What changed
consecutive filings, newest first
- Related adviser · true to falseMar 20, 2026 to Jun 26, 2026
- Related broker-dealer · true to falseMar 20, 2026 to Jun 26, 2026
- Accounts · 992 to 948May 5, 2025 to Mar 20, 2026
- Advisory activities · 3 to 4May 5, 2025 to Mar 20, 2026
- Charity clients · unset to 3.0May 5, 2025 to Mar 20, 2026
- HNW clients · 115 to 57May 5, 2025 to Mar 20, 2026
- Individual clients · 110 to 155May 5, 2025 to Mar 20, 2026
- Employees · 7 to 8May 5, 2025 to Mar 20, 2026
- Discretionary RAUM · $185M to $202MMay 5, 2025 to Mar 20, 2026
- HNW RAUM · $164M to $139MMay 5, 2025 to Mar 20, 2026
- Individual RAUM · $23.8M to $66.0MMay 5, 2025 to Mar 20, 2026
- Non-discretionary RAUM · $2.8M to $3.4MMay 5, 2025 to Mar 20, 2026
- RAUM · $187M to $205MMay 5, 2025 to Mar 20, 2026
- Related insurance company · false to trueMay 5, 2025 to Mar 20, 2026
- Financial planning clients · 101-250 to 101-250Apr 23, 2025 to May 5, 2025
- Other offices · 0 to 1Feb 6, 2025 to Apr 23, 2025
- Accounts · 1,068 to 992Aug 23, 2024 to Jan 30, 2025
- HNW clients · 114 to 115Aug 23, 2024 to Jan 30, 2025
- Individual clients · 119 to 110Aug 23, 2024 to Jan 30, 2025
- Financial planning clients · 251-500 to 101-250Aug 23, 2024 to Jan 30, 2025
- Discretionary RAUM · $175M to $185MAug 23, 2024 to Jan 30, 2025
- HNW RAUM · $150M to $164MAug 23, 2024 to Jan 30, 2025
- Individual RAUM · $27.6M to $23.8MAug 23, 2024 to Jan 30, 2025
- Non-discretionary RAUM · $2.2M to $2.8MAug 23, 2024 to Jan 30, 2025
- RAUM · $177M to $187MAug 23, 2024 to Jan 30, 2025
- Accounts · 1,048 to 1,068Oct 25, 2023 to Mar 28, 2024
- Advisory activities · 2 to 3Oct 25, 2023 to Mar 28, 2024
- HNW clients · 109 to 114Oct 25, 2023 to Mar 28, 2024
- Individual clients · 153 to 119Oct 25, 2023 to Mar 28, 2024
- Discretionary RAUM · $164M to $175MOct 25, 2023 to Mar 28, 2024
- HNW RAUM · $134M to $150MOct 25, 2023 to Mar 28, 2024
- Individual RAUM · $32.3M to $27.6MOct 25, 2023 to Mar 28, 2024
- Non-discretionary RAUM · $1.9M to $2.2MOct 25, 2023 to Mar 28, 2024
- RAUM · $166M to $177MOct 25, 2023 to Mar 28, 2024
- Accounts · 1,242 to 1,048Dec 22, 2022 to Mar 28, 2023
- Business name · THE PUTNEY FINANCIAL GROUP, REGISTERED INVESTMENT ADVISORS to THE PUTNEY FINANCIAL GROUP LLCDec 22, 2022 to Mar 28, 2023
- HNW clients · 158 to 109Dec 22, 2022 to Mar 28, 2023
- Individual clients · 108 to 153Dec 22, 2022 to Mar 28, 2023
- Legal name · LENT, RAYMOND LAWRENCE to THE PUTNEY FINANCIAL GROUP LLCDec 22, 2022 to Mar 28, 2023
- Discretionary RAUM · $261M to $164MDec 22, 2022 to Mar 28, 2023
Signals
3 dated events
- Chiaping Echo Chien (Chief Compliance Officer) appeared on Schedule A of The Putney Financial Group LlcJun 20, 2024 · Control person joined · fact
- The Putney Financial Group Llc reported RAUM $166.1M, down 38% from $266.9M (2022-12-22 to 2023-03-28)Mar 28, 2023 · RAUM change · derived
- The Putney Financial Group, Registered Investment Advisors reported succeeding to the business of Another Adviser (Form ADV Item 4)Dec 22, 2022 · Succession (Item 4) · 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
- info@putneyfinancial.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 415-460-1990reportedpublished by the firm, firm site, Sep 16, 2026
- Website
- PUTNEYFINANCIAL.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 415-460-1990reportedpublic record, Form ADV, Jun 26, 2026
- Contact form
- PUTNEYFINANCIAL.COM/contactreportedpublished by the firm, firm site, Sep 16, 2026
- Team page
- PUTNEYFINANCIAL.COM/teamreportedpublished 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
- $34.2Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026