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

M••••• A••••••• S•••••••• I•••

Independent wealth managerJacksonville, FloridaCRD 112607SEC 801-62774websiteIAPD
Latest filing May 28, 2026
First filing on the tape Mar 2, 2012 · 31 filings
SEC status approved since Mar 5, 2004
RAUM
$292M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
92%
$269M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$146M
derived; firm RAUM over IAPD count
Employees
5
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
31 filings and snapshots on the tape
RAUM$292M as of May 28, 2026
Mar 2, 2012$190M then
HNW client RAUM$204M as of May 28, 2026
Mar 13, 2018$192M then
State-registered IARs (5.B.3)2 as of May 28, 2026
Mar 2, 20120 then
Employees (5.A)5 as of May 28, 2026
Feb 21, 20134 then
Private funds: no history
RAUM +13% over the last fiscal year+18% a year over threeIARs 2 to 2
Practice profile
derived from the filing of May 28, 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
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$146MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
166derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.7MderivedHNW RAUM over HNW clients
Average account
$344,758derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.3%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.5derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+13%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+11%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consultingreportedItem 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)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$204M70%
  • Individuals$65.2M22%
  • Corporations and businesses$21.6M7.4%
  • Charitable organizations$902,9610.3%
Individual clients
209reported
HNW clients
122reported
Pension plan clients
n/areported
Charitable clients
1reported
Accounts
846reported
Financial planning clients
51-100reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.92 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
M•••••• L•••• E••••Certified Financial PlannerJacksonville, FlJul 12, 201911 y1
B••••••• L••• S•••••Certified Financial PlannerJacksonville, FlApr 14, 202116 y1
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
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • E••••• M••••••• L•••• · Ceo/Chief Compliance Officer/Presidentcontrol
    since 07/2020 · 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
OfficeAdvisorsJoinedLeftTeams outForming
Jacksonville, Fl · principal200
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 781 to 846
    May 16, 2025 to Mar 18, 2026
  • HNW clients · 106 to 122
    May 16, 2025 to Mar 18, 2026
  • Individual clients · 193 to 209
    May 16, 2025 to Mar 18, 2026
  • Financial planning clients · 26-50 to 51-100
    May 16, 2025 to Mar 18, 2026
  • Discretionary RAUM · $258M to $292M
    May 16, 2025 to Mar 18, 2026
  • HNW RAUM · $177M to $204M
    May 16, 2025 to Mar 18, 2026
  • Individual RAUM · $61.4M to $65.2M
    May 16, 2025 to Mar 18, 2026
  • RAUM · $258M to $292M
    May 16, 2025 to Mar 18, 2026
  • Financial planning clients · 26-50 to 26-50
    Mar 5, 2025 to May 16, 2025
  • Accounts · 744 to 781
    Apr 11, 2024 to Mar 5, 2025
  • Corporate clients · 2 to 3
    Apr 11, 2024 to Mar 5, 2025
  • HNW clients · 90 to 106
    Apr 11, 2024 to Mar 5, 2025
  • Individual clients · 199 to 193
    Apr 11, 2024 to Mar 5, 2025
  • Discretionary RAUM · $223M to $258M
    Apr 11, 2024 to Mar 5, 2025
  • HNW RAUM · $146M to $177M
    Apr 11, 2024 to Mar 5, 2025
  • Individual RAUM · $60.8M to $61.4M
    Apr 11, 2024 to Mar 5, 2025
  • RAUM · $223M to $258M
    Apr 11, 2024 to Mar 5, 2025
  • Accounts · 673 to 744
    Aug 8, 2023 to Feb 23, 2024
  • HNW clients · 68 to 90
    Aug 8, 2023 to Feb 23, 2024
  • Individual clients · 208 to 199
    Aug 8, 2023 to Feb 23, 2024
  • Discretionary RAUM · $178M to $223M
    Aug 8, 2023 to Feb 23, 2024
  • HNW RAUM · $106M to $146M
    Aug 8, 2023 to Feb 23, 2024
  • Individual RAUM · $56.4M to $60.8M
    Aug 8, 2023 to Feb 23, 2024
  • RAUM · $178M to $223M
    Aug 8, 2023 to Feb 23, 2024
  • Accounts · 599 to 673
    Nov 2, 2022 to Feb 23, 2023
  • HNW clients · 78 to 68
    Nov 2, 2022 to Feb 23, 2023
  • Individual clients · 162 to 208
    Nov 2, 2022 to Feb 23, 2023
  • Discretionary RAUM · $189M to $178M
    Nov 2, 2022 to Feb 23, 2023
  • HNW RAUM · $125M to $106M
    Nov 2, 2022 to Feb 23, 2023
  • Individual RAUM · $49.2M to $56.4M
    Nov 2, 2022 to Feb 23, 2023
  • RAUM · $189M to $178M
    Nov 2, 2022 to Feb 23, 2023
  • Accounts · 584 to 599
    Aug 11, 2021 to Mar 16, 2022
  • HNW clients · 68 to 78
    Aug 11, 2021 to Mar 16, 2022
  • Individual clients · 172 to 162
    Aug 11, 2021 to Mar 16, 2022
  • Financial planning clients · 11-25 to 26-50
    Aug 11, 2021 to Mar 16, 2022
  • Discretionary RAUM · $159M to $189M
    Aug 11, 2021 to Mar 16, 2022
  • HNW RAUM · $96.0M to $125M
    Aug 11, 2021 to Mar 16, 2022
  • Individual RAUM · $49.3M to $49.2M
    Aug 11, 2021 to Mar 16, 2022
  • RAUM · $159M to $189M
    Aug 11, 2021 to Mar 16, 2022
  • Accounts · 523 to 584
    Aug 5, 2020 to Mar 4, 2021
Signals
2 dated events
  • Goodwin Harry Madden (Ceo/Chief Compliance Officer/President) no longer on Schedule A of M••••• A••••••• S•••••••• I••• (listed 2020-06-25, absent 2020-08-05)
    Aug 5, 2020 · Control person left · inference
  • Louis Michael Ellis (Ceo/Chief Compliance Officer/President) appeared on Schedule A of M••••• A••••••• S•••••••• I•••
    Aug 5, 2020 · 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
a.baine@maddenadvisory.comreportedpublished by the firm, firm site, Sep 17, 2026
Business email
b.delucia@maddenadvisory.comreportedpublished by the firm, firm site, Sep 17, 2026
Business email
g.harden@maddenadvisory.comreportedpublished by the firm, firm site, Sep 17, 2026
Business email
smartmoney@maddenadvisory.comreportedpublished by the firm, firm site, Sep 17, 2026
Business phone
904-296-1127reportedpublished by the firm, firm site, Sep 17, 2026
Firm profile
LINKEDIN.COM/COMPANY/M•••••-ADVISORY-SERVICES-INC-reportedpublic record, Form ADV, Sep 19, 2026
Website
M•••••ADVISORY.COMreportedpublic record, Form ADV, Sep 19, 2026
Principal office phone
904-296-1127reportedpublic record, Form ADV, May 28, 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
$146Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026