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.

The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.

SEC-registered adviser

P••• A•••• M••••••••• L••

Independent wealth managerMemphis, TennesseeCRD 113584SEC 801-60556websiteIAPD
Latest filing Mar 27, 2026
First filing on the tape Mar 30, 2012 · 18 filings
SEC status approved since Sep 10, 2001
RAUM
$115M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
93%
$106M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
3
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
18 filings and snapshots on the tape
RAUM$115M as of Mar 27, 2026
Mar 30, 2012$418M then
HNW client RAUM$106M as of Mar 27, 2026
Mar 30, 2018$137M then
State-registered IARs (5.B.3)0 as of Mar 27, 2026
Feb 28, 20130 then
Employees (5.A)3 as of Mar 27, 2026
Feb 28, 20136 then
Private funds4 as of Mar 1, 2021
Mar 30, 20122 then
RAUM +2.0% over the last fiscal year+2.3% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 27, 2026; 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
$1.9MderivedHNW RAUM over HNW clients
Average account
$1.9MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
7.4%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
+2.0%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 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
  • is an insurance broker or agent (6.A.6)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$106M93%
  • Charitable organizations$8.5M7.4%
Individual clients
n/areported
HNW clients
57reported
Pension plan clients
n/areported
Charitable clients
2reported
Accounts
59reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.93 fund_share=0.0 institutional_share=0.07 related_bd=false related_bank=false bd_reps=0.0derived
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
none on the tape
    Joined, latest
    none on the tape
      Private funds
      4 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      P••• I••••••••• I• L••no longer reportedHedge Fund$77.4M80Mar 30, 2012
      P••• I••••••••• L••no longer reportedHedge Fund$35.7M95Mar 30, 2012
      S••••••• A••••••• M•••••••• L••no longer reportedPrivate Equity Fund$584,56950Mar 26, 2014
      C•••• A•••• H••••••• A••••••••• L••no longer reportedPrivate Equity Fund$091Mar 26, 2014
      Owners and control persons
      Schedule A and B, latest filing
      • W••••• W••••••• P••• · Chief Executive Officercontrol
        since 08/2001 · owns 5% to 10%
      • H•••• A•••••• G•• · Corporate Secretary
        since 01/2004 · owns less than 5%
      • M••••••••• C••••• S•••• · Chief Compliance Officer
        since 07/2008 · owns less than 5%
      Entity owners
      • W•••• I••••••••• L• · Owner
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      No related person reported.
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      4 against comparable advisers; where to look, not conclusions
      • institutional to wealth shiftCombination · filing Mar 27, 2026
        peers: independent wealth managers, $100M to $500M (5,676)
      • client mix shiftChange between filings · filing Mar 27, 2026
        private-client share of RAUM moved from 77.0% to 93.0% between the annual amendments of 2025-02-21 and 2026-03-27
        peers: independent wealth managers, $100M to $500M (5,676)
      • HNW share shiftChange between filings · filing Mar 27, 2026
        HNW share of RAUM moved from 77.0% to 93.0% between the annual amendments of 2025-02-21 and 2026-03-27
        peers: independent wealth managers, $100M to $500M (5,676)
      • institutional asset share shiftChange between filings · filing Mar 27, 2026
        institutional share of RAUM moved from 23.0% to 7.0% between the annual amendments of 2025-02-21 and 2026-03-27
        peers: independent wealth managers, $100M to $500M (5,676)
      What changed
      consecutive filings, newest first
      • Discretionary RAUM · $112M to $115M
        Feb 21, 2025 to Mar 27, 2026
      • HNW RAUM · $86.8M to $106M
        Feb 21, 2025 to Mar 27, 2026
      • RAUM · $112M to $115M
        Feb 21, 2025 to Mar 27, 2026
      • Financial planning clients · 0 to 0
        Jan 31, 2024 to Feb 21, 2025
      • Discretionary RAUM · $112M to $112M
        Jan 31, 2024 to Feb 21, 2025
      • HNW RAUM · $85.2M to $86.8M
        Jan 31, 2024 to Feb 21, 2025
      • RAUM · $112M to $112M
        Jan 31, 2024 to Feb 21, 2025
      • Accounts · 57 to 59
        Jan 31, 2023 to Jan 31, 2024
      • HNW clients · 55 to 57
        Jan 31, 2023 to Jan 31, 2024
      • Discretionary RAUM · $107M to $112M
        Jan 31, 2023 to Jan 31, 2024
      • HNW RAUM · $80.6M to $85.2M
        Jan 31, 2023 to Jan 31, 2024
      • RAUM · $107M to $112M
        Jan 31, 2023 to Jan 31, 2024
      • Accounts · 59 to 57
        Mar 14, 2022 to Jan 31, 2023
      • HNW clients · 57 to 55
        Mar 14, 2022 to Jan 31, 2023
      • Discretionary RAUM · $128M to $107M
        Mar 14, 2022 to Jan 31, 2023
      • HNW RAUM · $92.6M to $80.6M
        Mar 14, 2022 to Jan 31, 2023
      • RAUM · $128M to $107M
        Mar 14, 2022 to Jan 31, 2023
      • Accounts · 62 to 59
        Nov 4, 2021 to Mar 14, 2022
      • Charity clients · 3 to 2
        Nov 4, 2021 to Mar 14, 2022
      • HNW clients · 59 to 57
        Nov 4, 2021 to Mar 14, 2022
      • Discretionary RAUM · $122M to $128M
        Nov 4, 2021 to Mar 14, 2022
      • HNW RAUM · $92.4M to $92.6M
        Nov 4, 2021 to Mar 14, 2022
      • RAUM · $122M to $128M
        Nov 4, 2021 to Mar 14, 2022
      • Accounts · 66 to 62
        Mar 1, 2021 to Nov 4, 2021
      • Pooled vehicle clients · 4.0 to unset
        Mar 1, 2021 to Nov 4, 2021
      • Assets in custody · 59221056.0 to unset
        Mar 1, 2021 to Nov 4, 2021
      • Custody of client assets · true to false
        Mar 1, 2021 to Nov 4, 2021
      • Private funds · 4 to unset
        Mar 1, 2021 to Nov 4, 2021
      • Non-discretionary RAUM · $59.2M to $0
        Mar 1, 2021 to Nov 4, 2021
      • Pooled vehicle RAUM · 59221056.0 to unset
        Mar 1, 2021 to Nov 4, 2021
      • RAUM · $181M to $122M
        Mar 1, 2021 to Nov 4, 2021
      • Accounts · 88 to 66
        Jun 3, 2020 to Mar 1, 2021
      • Advisory employees · 5 to 3
        Jun 3, 2020 to Mar 1, 2021
      • HNW clients · 81 to 59
        Jun 3, 2020 to Mar 1, 2021
      • Assets in custody · $114M to $59.2M
        Jun 3, 2020 to Mar 1, 2021
      • Employees · 5 to 3
        Jun 3, 2020 to Mar 1, 2021
      • Discretionary RAUM · $162M to $122M
        Jun 3, 2020 to Mar 1, 2021
      • HNW RAUM · $127M to $92.4M
        Jun 3, 2020 to Mar 1, 2021
      • Non-discretionary RAUM · $114M to $59.2M
        Jun 3, 2020 to Mar 1, 2021
      • Pooled vehicle RAUM · $114M to $59.2M
        Jun 3, 2020 to Mar 1, 2021
      Signals
      No event on the tape.
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Website
      P•••ASSET.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      901-763-4001reportedpublic record, Form ADV, Mar 27, 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
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026