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.

Former SEC-registered adviser

Partnersinwealth, Inc

Former SEC-registered adviserHouston, TexasCRD 112786SEC 801-57566IAPD
Latest filing Jun 26, 2020
First filing on the tape Mar 8, 2012 · 15 filings
RAUM
$377M
reported, Item 5.F
Discretionary
66%
of RAUM
Private clients
100%
$377M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
7
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
15 filings and snapshots on the tape
RAUM$377M as of Mar 24, 2020
Mar 8, 2012$167M then
HNW client RAUM$359M as of Mar 24, 2020
Mar 30, 2018$381M then
State-registered IARs (5.B.3)0 as of Mar 24, 2020
Mar 8, 20120 then
Employees (5.A)7 as of Mar 24, 2020
Apr 18, 20136 then
Private funds: no history
RAUM -3.7% over the last fiscal year+1.2% a year over threeIARs 3 to 0offices 1 to 0
Practice profile
derived from the filing of Jun 26, 2020; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$5.0MderivedHNW RAUM over HNW clients
Average account
$382,132derivedRAUM over accounts (5.F.2.f)
Discretionary
66%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
-3.7%derivedbetween the last two annual amendments
Advisor growth, one year
-100%derivedItem 5.B.3 between annual amendments
Client growth, one year
+0.0%derived
Compensation
percentage of assets, hourly, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, publications, educational seminarsreportedItem 5.G
Custody
$377M, 102 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
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$359M95%
  • Individuals$17.3M4.6%
Individual clients
30reported
HNW clients
72reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
986reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
$377M for 102 clientsreported
Compensation
% of AUM, hourlyreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
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
    • Rodney James Waters · President/Chief Compliance Officercontrol
      since 11/1992 · owns 25% to 50%
    • Susan E Waters · Directorcontrol
      since 11/1992 · owns 25% to 50%
    • Earl Jeffrey Riley · Personalcfo
      since 09/2016 · owns 10% to 25%
    Related persons
    Schedule D 7.A
    No related person reported.
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 772 to 986
      Mar 29, 2019 to Mar 24, 2020
    • HNW clients · 80 to 72
      Mar 29, 2019 to Mar 24, 2020
    • Individual clients · 22 to 30
      Mar 29, 2019 to Mar 24, 2020
    • Assets in custody · $56.5M to $377M
      Mar 29, 2019 to Mar 24, 2020
    • Employees · 6 to 7
      Mar 29, 2019 to Mar 24, 2020
    • Financial planning clients · 51-100 to 101-250
      Mar 29, 2019 to Mar 24, 2020
    • State-registered IARs · 3 to 0
      Mar 29, 2019 to Mar 24, 2020
    • Other offices · 1 to 0
      Mar 29, 2019 to Mar 24, 2020
    • Discretionary RAUM · $236M to $248M
      Mar 29, 2019 to Mar 24, 2020
    • HNW RAUM · $385M to $359M
      Mar 29, 2019 to Mar 24, 2020
    • Individual RAUM · $6.3M to $17.3M
      Mar 29, 2019 to Mar 24, 2020
    • Non-discretionary RAUM · $155M to $129M
      Mar 29, 2019 to Mar 24, 2020
    • RAUM · $391M to $377M
      Mar 29, 2019 to Mar 24, 2020
    • Accounts · 660 to 772
      Aug 7, 2018 to Mar 29, 2019
    • Advisory employees · 2 to 3
      Aug 7, 2018 to Mar 29, 2019
    • HNW clients · 68 to 80
      Aug 7, 2018 to Mar 29, 2019
    • Individual clients · 27 to 22
      Aug 7, 2018 to Mar 29, 2019
    • Assets in custody · unset to 56472932.0
      Aug 7, 2018 to Mar 29, 2019
    • Custody of client assets · false to true
      Aug 7, 2018 to Mar 29, 2019
    • Employees · 5 to 6
      Aug 7, 2018 to Mar 29, 2019
    • State-registered IARs · 2 to 3
      Aug 7, 2018 to Mar 29, 2019
    • Discretionary RAUM · $224M to $236M
      Aug 7, 2018 to Mar 29, 2019
    • HNW RAUM · $381M to $385M
      Aug 7, 2018 to Mar 29, 2019
    • Individual RAUM · $9.2M to $6.3M
      Aug 7, 2018 to Mar 29, 2019
    • Non-discretionary RAUM · $166M to $155M
      Aug 7, 2018 to Mar 29, 2019
    • RAUM · $390M to $391M
      Aug 7, 2018 to Mar 29, 2019
    • Accounts · 549 to 660
      Aug 3, 2017 to Mar 30, 2018
    • Advisory employees · 3 to 2
      Aug 3, 2017 to Mar 30, 2018
    • HNW clients · unset to 68.0
      Aug 3, 2017 to Mar 30, 2018
    • Individual clients · unset to 27.0
      Aug 3, 2017 to Mar 30, 2018
    • State-registered IARs · 3 to 2
      Aug 3, 2017 to Mar 30, 2018
    • Other offices · unset to 1.0
      Aug 3, 2017 to Mar 30, 2018
    • Discretionary RAUM · $207M to $224M
      Aug 3, 2017 to Mar 30, 2018
    • HNW RAUM · unset to 380514675.0
      Aug 3, 2017 to Mar 30, 2018
    • Individual RAUM · unset to 9168951.0
      Aug 3, 2017 to Mar 30, 2018
    • Non-discretionary RAUM · $156M to $166M
      Aug 3, 2017 to Mar 30, 2018
    • RAUM · $364M to $390M
      Aug 3, 2017 to Mar 30, 2018
    • Accounts · 702 to 549
      Oct 6, 2016 to Mar 24, 2017
    • Advisory employees · 4 to 3
      Oct 6, 2016 to Mar 24, 2017
    • State-registered IARs · 4 to 3
      Oct 6, 2016 to Mar 24, 2017
    Signals
    1 dated events
    • Susan E Waters (Director) appeared on Schedule A of Partnersinwealth, Inc
      Mar 24, 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.
    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
    Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    n/aderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026