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

Natural Investments

Independent wealth managerCRD 113348SEC 801-63874websiteIAPD
Legal name Natural Investments Pbllc
Latest filing Feb 24, 2026
First filing on the tape Feb 27, 2012 · 40 filings
SEC status approved since Feb 10, 2005
RAUM
$2.0B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
95%
$1.9B individuals and HNW
Advisors
23
registered through the firm on IAPD
RAUM per advisor
$89.1M
derived; firm RAUM over IAPD count
Employees
24
24 advisory (5.B.1)
Offices
18
beyond the principal office
Private funds
0
reported on Schedule D
History
40 filings and snapshots on the tape
RAUM$2.0B as of Feb 24, 2026
Feb 27, 2012$145M then
HNW client RAUM$1.5B as of Feb 24, 2026
Mar 8, 2018$285M then
State-registered IARs (5.B.3)24 as of Feb 24, 2026
Feb 27, 20120 then
Employees (5.A)24 as of Feb 24, 2026
Mar 20, 201312 then
Private funds: no history
RAUM +3.8% over the last fiscal year+7.0% a year over threeIARs 23 to 24offices 15 to 18
Practice profile
derived from the filing of Feb 24, 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
$89.1MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
54derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$5.5MderivedHNW RAUM over HNW clients
Average account
$423,016derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
3.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.2derived19 offices incl. principal (1.F.5)
RAUM growth, one year
+3.8%derivedbetween the last two annual amendments
Advisor growth, one year
+4.3%derivedItem 5.B.3 between annual amendments
Client growth, one year
-0.3%derived
Compensation
percentage of assets, hourly, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisers, educational seminarsreportedItem 5.G
Custody
$286M, 315 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
  • 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$1.5B75%
  • Individuals$414M20%
  • Charitable organizations$72.7M3.5%
  • Corporations and businesses$34.9M1.7%
Individual clients
964reported
HNW clients
278reported
Pension plan clients
n/areported
Charitable clients
22reported
Accounts
4,846reported
Financial planning clients
11-25reported
Wrap fee programs
noreported
Custody of client assets
$286M for 315 clientsreported
Compensation
% of AUM, hourlyreported
Class basis
private_client_share=0.95 fund_share=0.0 institutional_share=0.04 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
23 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Christopher James PeckWindsor, CaNov 16, 200526 y0
James Rice FrazierCertified Financial PlannerKula, Hi Jan 22, 200926 y4
Andy Ray LovingCertified Financial PlannerLouisville, KyFeb 9, 201133 y1
Carrie Burcham VanwinkleWindsor, CaSep 12, 201214 y0
Ryan Meyers Jones-CaseyDuluth, Mn Aug 8, 201615 y1
Joel David KoernerLouisville, KySep 25, 201710 y0
Sylvia Veronica PanekChicago, IlFeb 1, 201811 y0
Tiffany Ann BrownSanta Rosa, Ca Jul 28, 201810 y1
Nicole Middleton HollowayCertified Financial PlannerOakland, CaJan 10, 202016 y3
Amy D. PenderCertified Financial PlannerWindsor, Ca Apr 26, 202115 y2
Gregory E. PittsWindsor, Ca Aug 16, 202118 y0
Nonkululeko MaphalalaWindsor, Ca May 1, 202214 y0
Kate Anna PoolePhiladelphia, Pa Feb 3, 202310 y0
Diana G YanezCertified Financial PlannerHenderson, Nv Aug 9, 202313 y0
Malaika Thandi MaphalalaOregon City, OrFeb 8, 202417 y0
Maria B KoernerWindsor, Ca Mar 26, 202413 y0
Evan Patrick Quirk-GarvanWindsor, Ca Sep 23, 202411 y1
Isaac Louis GoldowitzKingston, Ny Oct 24, 202412 y0
Harold Arthur BrillPaonia, Co Jan 2, 202537 y0
Brittany Renee DamicoPismo Beach, Ca Jul 24, 202516 y1
Michael A KramerSeattle, WaAug 12, 202525 y0
Daniel Paul CarrenoDenver, CoNov 6, 202522 y3
Kirbie Hope CroweGreenville, ScJan 2, 202612 y0
Advisor movement
1 left, 2 joined in 12 months
net +1 in 12 months1 left in 90 days0 joined in 90 daysdeparture rate 4.3% of current headcount1 left over 36 months
Left, latest
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Rice James Frazier · Trusteecontrol
    since 12/2023 · owns F of Natural Investments Purpose Trust
  • Middleton Nicole Holloway · Trusteecontrol
    since 12/2023 · owns F of Natural Investments Purpose Trust
  • Meyers Ryan Jones-Casey · Trusteecontrol
    since 12/2023 · owns F of Natural Investments Purpose Trust
  • A Michael Kramer · Trusteecontrol
    since 12/2023 · owns F of Natural Investments Purpose Trust
  • Thandi Malaika Maphalala · Trusteecontrol
    since 12/2023 · owns F of Natural Investments Purpose Trust
  • James Christopher Peck · Trusteecontrol
    since 12/2023 · owns F of Natural Investments Purpose Trust
  • Burcham Carrie Vanwinkle · Trusteecontrol
    since 12/2023 · owns F of Natural Investments Purpose Trust
  • A Michael Kramer · Manager
    since 04/2007 · owns less than 5%
  • James Christopher Peck · Chief Compliance Officer And Manager
    since 04/2007 · owns less than 5%
Entity owners
  • Natural Investments Purpose · Owner
    direct · owns 75% or more
  • Natural Investments Purpose Trust · Owner
    direct · 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
Windsor, Ca1300
Louisville, Ky300
Seattle, Wa200
Morrisville, Nc001
Offices
Schedule D 1.F, the 25 largest
  • Louisville, KY3 employees
  • North Charleston, SC3 employees
  • Arroyo Grande, CA1 employees
  • Duluth, MN1 employees
  • , 1 employees
ADV anomalies
5 against comparable advisers; where to look, not conclusions
  • control person changedChange between filings · filing Feb 24, 2026
    FRAZIER, JAMES, RICE (TRUSTEE) left Schedule A between the filings of 2024-01-25 and 2026-02-24
    peers: independent wealth managers, $1B to $5B (1,360)
  • control person changedChange between filings · filing Feb 24, 2026
    MAPHALALA, MALAIKA, THANDI (TRUSTEE) left Schedule A between the filings of 2024-01-25 and 2026-02-24
    peers: independent wealth managers, $1B to $5B (1,360)
  • control person changedChange between filings · filing Feb 24, 2026
    JONES-CASEY, RYAN, MEYERS (TRUSTEE) left Schedule A between the filings of 2024-01-25 and 2026-02-24
    peers: independent wealth managers, $1B to $5B (1,360)
  • control person changedChange between filings · filing Feb 24, 2026
    VANWINKLE, CARRIE, BURCHAM (TRUSTEE) left Schedule A between the filings of 2024-01-25 and 2026-02-24
    peers: independent wealth managers, $1B to $5B (1,360)
  • control person changedChange between filings · filing Feb 24, 2026
    HOLLOWAY, NICOLE, MIDDLETON (TRUSTEE) left Schedule A between the filings of 2024-01-25 and 2026-02-24
    peers: independent wealth managers, $1B to $5B (1,360)
What changed
consecutive filings, newest first
  • Advisory employees · 23 to 24
    Feb 17, 2025 to Feb 24, 2026
  • Charity clients · 20 to 22
    Feb 17, 2025 to Feb 24, 2026
  • Corporate clients · 12 to 13
    Feb 17, 2025 to Feb 24, 2026
  • HNW clients · 267 to 278
    Feb 17, 2025 to Feb 24, 2026
  • Individual clients · 979 to 964
    Feb 17, 2025 to Feb 24, 2026
  • Assets in custody · $291M to $286M
    Feb 17, 2025 to Feb 24, 2026
  • Employees · 23 to 24
    Feb 17, 2025 to Feb 24, 2026
  • State-registered IARs · 23 to 24
    Feb 17, 2025 to Feb 24, 2026
  • Other offices · 15 to 18
    Feb 17, 2025 to Feb 24, 2026
  • Discretionary RAUM · $2.0B to $2.0B
    Feb 17, 2025 to Feb 24, 2026
  • HNW RAUM · $1.5B to $1.5B
    Feb 17, 2025 to Feb 24, 2026
  • Individual RAUM · $376M to $414M
    Feb 17, 2025 to Feb 24, 2026
  • Non-discretionary RAUM · $7.3M to $9.5M
    Feb 17, 2025 to Feb 24, 2026
  • RAUM · $2.0B to $2.0B
    Feb 17, 2025 to Feb 24, 2026
  • Accounts · 4,764 to 4,846
    Apr 22, 2024 to Feb 17, 2025
  • Advisory employees · 22 to 23
    Apr 22, 2024 to Feb 17, 2025
  • Charity clients · 18 to 20
    Apr 22, 2024 to Feb 17, 2025
  • Corporate clients · 7 to 12
    Apr 22, 2024 to Feb 17, 2025
  • HNW clients · 277 to 267
    Apr 22, 2024 to Feb 17, 2025
  • Individual clients · 966 to 979
    Apr 22, 2024 to Feb 17, 2025
  • Assets in custody · $274M to $291M
    Apr 22, 2024 to Feb 17, 2025
  • Employees · 22 to 23
    Apr 22, 2024 to Feb 17, 2025
  • Financial planning clients · 11-25 to 11-25
    Apr 22, 2024 to Feb 17, 2025
  • HQ city · unset to
    Apr 22, 2024 to Feb 17, 2025
  • HQ state · unset to
    Apr 22, 2024 to Feb 17, 2025
  • State-registered IARs · 20 to 23
    Apr 22, 2024 to Feb 17, 2025
  • Discretionary RAUM · $1.8B to $2.0B
    Apr 22, 2024 to Feb 17, 2025
  • HNW RAUM · $1.4B to $1.5B
    Apr 22, 2024 to Feb 17, 2025
  • Individual RAUM · $319M to $376M
    Apr 22, 2024 to Feb 17, 2025
  • Non-discretionary RAUM · $4.3M to $7.3M
    Apr 22, 2024 to Feb 17, 2025
  • RAUM · $1.8B to $2.0B
    Apr 22, 2024 to Feb 17, 2025
  • Accounts · 1,215 to 4,764
    Jan 25, 2024 to Mar 18, 2024
  • Charity clients · 14 to 18
    Jan 25, 2024 to Mar 18, 2024
  • Corporate clients · 4 to 7
    Jan 25, 2024 to Mar 18, 2024
  • HNW clients · 244 to 277
    Jan 25, 2024 to Mar 18, 2024
  • Individual clients · 953 to 966
    Jan 25, 2024 to Mar 18, 2024
  • Assets in custody · $258M to $274M
    Jan 25, 2024 to Mar 18, 2024
  • Discretionary RAUM · $1.7B to $1.8B
    Jan 25, 2024 to Mar 18, 2024
  • HNW RAUM · $1.3B to $1.4B
    Jan 25, 2024 to Mar 18, 2024
  • Individual RAUM · $322M to $319M
    Jan 25, 2024 to Mar 18, 2024
Signals
8 dated events
  • Jamonica K Brown left Natural Investments for Ifg Advisory, Llc (registered 2026-08-20)
    Jul 15, 2026 · Advisor changed firm · fact
  • Natural Investments reported succeeding to the business of Another Adviser (Form ADV Item 4)
    Jan 23, 2024 · Succession (Item 4) · fact
  • Arthur Harold Brill (Partner) no longer on Schedule A of Natural Investments (listed 2023-11-27, absent 2024-01-23)
    Jan 23, 2024 · Control person left · inference
  • Meyers Ryan Jones-Casey (Trustee) appeared on Schedule A of Natural Investments
    Jan 23, 2024 · Control person joined · fact
  • Burcham Carrie Vanwinkle (Trustee) appeared on Schedule A of Natural Investments
    Jan 23, 2024 · Control person joined · fact
  • Middleton Nicole Holloway (Trustee) appeared on Schedule A of Natural Investments
    Jan 23, 2024 · Control person joined · fact
  • Natural Investments reported RAUM $1.3B, up 151% from $524.2M (2019-03-19 to 2020-03-17)
    Mar 17, 2020 · RAUM change · derived
  • Natural Investments reported RAUM $485.3M, up 44% from $336.6M (2018-02-01 to 2018-03-08)
    Mar 8, 2018 · RAUM change · derived
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
Firm profile
LINKEDIN.COM/COMPANY/NATURAL-INVESTMENTSreportedpublic record, Form ADV, Sep 17, 2026
Website
allthecolors.netreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
707-758-0171reportedpublic record, Form ADV, Feb 24, 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
$89.1Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026