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

D••••• E•••• A•••• M••••••••• L••

Independent wealth managerMemphis, TennesseeCRD 113724SEC 801-60402IAPD
Latest filing Mar 31, 2026
First filing on the tape Mar 27, 2012 · 17 filings
SEC status approved since Jul 13, 2001
RAUM
$27.1M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
76%
$20.5M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$27.1M
derived; firm RAUM over IAPD count
Employees
1
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
17 filings and snapshots on the tape
RAUM$27.1M as of Mar 31, 2026
Mar 27, 2012$191M then
HNW client RAUM$4.9M as of Mar 31, 2026
Mar 26, 2018$48.4M then
State-registered IARs (5.B.3)1 as of Mar 31, 2026
Mar 27, 20120 then
Employees (5.A)1 as of Mar 31, 2026
Mar 8, 20133 then
Private funds: no history
RAUM -87% over the last fiscal year-58% a year over threeIARs 2 to 1
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
Archetypes, each a printed rule
  • Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$27.1MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
40derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$189,604derivedHNW RAUM over HNW clients
Average account
$382,167derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
16%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-87%derivedbetween the last two annual amendments
Advisor growth, one year
-50%derivedItem 5.B.3 between annual amendments
Client growth, one year
-82%derived
Compensation
percentage of assetsreportedItem 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
  • 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
  • Individuals$15.6M57%
  • High-net-worth individuals$4.9M18%
  • Charitable organizations$3.1M11%
  • Corporations and businesses$2.4M8.7%
  • Pension and profit-sharing plans$1.1M4.2%
Individual clients
14reported
HNW clients
26reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
71reported
Financial planning clients
51-100reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.76 fund_share=0.0 institutional_share=0.16 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
R••••• G•••• L•• E••••Memphis, TnJul 1, 202625 y0
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 100% of current headcount1 left over 36 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • D•••••• P•••• T••••• · Chief Manager/Chief Compliance Officer/Managing Membercontrol
    since 06/2001 · owns 50% to 75%
  • E••••• R•••••• G•••• L•• · Secretary/Managing Membercontrol
    since 06/2001 · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Memphis, Tn · principal111
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 31, 2026
    institutional share fell 15 points or more while private-client share rose 15 points or more. RAUM $214,853,890 to $27,133,847, advisors 2 to 1, private clients 219 to 40, offices 0 to 0 (2025-01-31 to 2026-03-31)
    peers: independent wealth managers, under $100M (707)
  • RAUM down 50 %Change between filings · filing Mar 31, 2026
    RAUM (Item 5.F) moved from $214,853,890 to $27,133,847 (-87.0%) between the annual amendments of 2025-01-31 and 2026-03-31; the peer median change was +8.0% (220 comparable advisers, 3.0th percentile of changes)
    peers: independent wealth managers, under $100M (220) · 3.2% percentile
  • account count collapseChange between filings · filing Mar 31, 2026
    accounts (Item 5.F.2.f) moved from 266.0 to 71.0 (-73.0%) between the annual amendments of 2025-01-31 and 2026-03-31; the peer median change was +2.0% (135 comparable advisers, 4.0th percentile of changes)
    peers: independent wealth managers, under $100M (135) · 3.7% percentile
  • client count collapseChange between filings · filing Mar 31, 2026
    individual and HNW clients (Item 5.D) moved from 219.0 to 40.0 (-82.0%) between the annual amendments of 2025-01-31 and 2026-03-31; the peer median change was 0.0% (119 comparable advisers, 2.0th percentile of changes)
    peers: independent wealth managers, under $100M (119) · 1.7% percentile
What changed
consecutive filings, newest first
  • Accounts · 234 to 71
    Nov 20, 2025 to Mar 31, 2026
  • HNW clients · 78 to 26
    Nov 20, 2025 to Mar 31, 2026
  • Individual clients · 139 to 14
    Nov 20, 2025 to Mar 31, 2026
  • Pooled vehicle clients · 0.0 to unset
    Nov 20, 2025 to Mar 31, 2026
  • Discretionary RAUM · $121M to $27.1M
    Nov 20, 2025 to Mar 31, 2026
  • HNW RAUM · $93.4M to $4.9M
    Nov 20, 2025 to Mar 31, 2026
  • Individual RAUM · $15.2M to $15.6M
    Nov 20, 2025 to Mar 31, 2026
  • Non-discretionary RAUM · $3.6M to $0
    Nov 20, 2025 to Mar 31, 2026
  • Pension RAUM · $3.6M to $1.1M
    Nov 20, 2025 to Mar 31, 2026
  • RAUM · $125M to $27.1M
    Nov 20, 2025 to Mar 31, 2026
  • Accounts · 266 to 234
    Jan 31, 2025 to Nov 20, 2025
  • Advisory employees · 2 to 1
    Jan 31, 2025 to Nov 20, 2025
  • Charity clients · 0.0 to unset
    Jan 31, 2025 to Nov 20, 2025
  • Corporate clients · 0.0 to unset
    Jan 31, 2025 to Nov 20, 2025
  • HNW clients · 82 to 78
    Jan 31, 2025 to Nov 20, 2025
  • Individual clients · 137 to 139
    Jan 31, 2025 to Nov 20, 2025
  • Pension plan clients · 7.0 to unset
    Jan 31, 2025 to Nov 20, 2025
  • Employees · 2 to 1
    Jan 31, 2025 to Nov 20, 2025
  • State-registered IARs · 2 to 1
    Jan 31, 2025 to Nov 20, 2025
  • Discretionary RAUM · $212M to $121M
    Jan 31, 2025 to Nov 20, 2025
  • HNW RAUM · $78.8M to $93.4M
    Jan 31, 2025 to Nov 20, 2025
  • Individual RAUM · $13.4M to $15.2M
    Jan 31, 2025 to Nov 20, 2025
  • Non-discretionary RAUM · $3.2M to $3.6M
    Jan 31, 2025 to Nov 20, 2025
  • Pension RAUM · $106M to $3.6M
    Jan 31, 2025 to Nov 20, 2025
  • RAUM · $215M to $125M
    Jan 31, 2025 to Nov 20, 2025
  • Accounts · 225 to 266
    Mar 26, 2024 to Jan 31, 2025
  • HNW clients · 60 to 82
    Mar 26, 2024 to Jan 31, 2025
  • Individual clients · 114 to 137
    Mar 26, 2024 to Jan 31, 2025
  • Pension plan clients · 11 to 7
    Mar 26, 2024 to Jan 31, 2025
  • Financial planning clients · 51-100 to 51-100
    Mar 26, 2024 to Jan 31, 2025
  • Discretionary RAUM · $440M to $212M
    Mar 26, 2024 to Jan 31, 2025
  • HNW RAUM · $68.0M to $78.8M
    Mar 26, 2024 to Jan 31, 2025
  • Individual RAUM · $9.5M to $13.4M
    Mar 26, 2024 to Jan 31, 2025
  • Non-discretionary RAUM · $6.4M to $3.2M
    Mar 26, 2024 to Jan 31, 2025
  • Pension RAUM · $354M to $106M
    Mar 26, 2024 to Jan 31, 2025
  • RAUM · $446M to $215M
    Mar 26, 2024 to Jan 31, 2025
  • Accounts · 239 to 225
    Mar 28, 2023 to Mar 26, 2024
  • Advisory employees · 3 to 2
    Mar 28, 2023 to Mar 26, 2024
  • HNW clients · 79 to 60
    Mar 28, 2023 to Mar 26, 2024
  • Individual clients · 113 to 114
    Mar 28, 2023 to Mar 26, 2024
Signals
2 dated events
  • P••• T••••• D••••• left D••••• E•••• A•••• M••••••••• L•• for D••••• I••••••••• A••••••• L•• (registered 2026-02-04)
    Dec 1, 2025 · Advisor changed firm · fact
  • D••••• E•••• A•••• M••••••••• L•• reported RAUM $214.9M, down 52% from $446.0M (2024-03-26 to 2025-01-31)
    Jan 31, 2025 · 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
Principal office phone
901-755-2075reportedpublic record, Form ADV, Mar 31, 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
$27.1Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026