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

H••••••••• F••••••••• I•••

Independent wealth managerSurprise, ArizonaCRD 113938SEC 801-130993websiteIAPD
Latest filing Mar 13, 2026
First filing on the tape Jul 26, 2024 · 5 filings
SEC status approved since Sep 11, 2024
RAUM
$186M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
71%
$133M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$93.0M
derived; firm RAUM over IAPD count
Employees
4
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
5 filings and snapshots on the tape
RAUM$186M as of Mar 13, 2026
Mar 5, 2025$155M then
HNW client RAUM$58.3M as of Mar 13, 2026
Mar 5, 2025$37.6M then
State-registered IARs (5.B.3)2 as of Mar 13, 2026
Mar 5, 20252 then
Employees (5.A)4 as of Mar 13, 2026
Mar 5, 20254 then
Private funds: no history
RAUM +20% over the last fiscal yearIARs 2 to 2
Practice profile
derived from the filing of Mar 13, 2026; every figure names its basis
Archetypes, each a printed rule
  • 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
  • Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$93.0MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
130derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.0MderivedHNW RAUM over HNW clients
Average account
$285,273derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
29%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+20%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-27%derived
Compensation
percentage of assets, hourly, fixed fees, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisersreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
Custody
$5.5M, 23 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
  • 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$74.4M40%
  • High-net-worth individuals$58.3M31%
  • Pension and profit-sharing plans$53.3M29%
Individual clients
231reported
HNW clients
29reported
Pension plan clients
10reported
Charitable clients
0reported
Accounts
652reported
Financial planning clients
0reported
Wrap fee programs
$0 sponsored, $22.7M managedreported
Custody of client assets
$5.5M for 23 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.71 fund_share=0.0 institutional_share=0.29 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
K••• G•••• F•••••Certified Financial PlannerSurprise, AzOct 21, 201040 y5
A••• D•••••• C••Surprise, AzAug 23, 202117 y2
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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • F•••••• K•••• G•••• · President/Chief Compliance Officercontrol
    since 07/2012 · 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
Surprise, Az · principal200
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • clients down average size upCombination · filing Mar 13, 2026
    private clients fell 20 percent or more while RAUM per client rose 30 percent or more: a move up-market or the departure of small accounts. RAUM $154,788,350 to $185,998,213, advisors 2 to 2, private clients 357 to 260, offices 0 to 0 (2025-03-05 to 2026-03-13)
    peers: independent wealth managers, $100M to $500M (5,676)
What changed
consecutive filings, newest first
  • Accounts · 641 to 652
    Nov 13, 2025 to Mar 13, 2026
  • HNW clients · 21 to 29
    Nov 13, 2025 to Mar 13, 2026
  • Individual clients · 336 to 231
    Nov 13, 2025 to Mar 13, 2026
  • Pension plan clients · 11 to 10
    Nov 13, 2025 to Mar 13, 2026
  • Assets in custody · $5.0M to $5.5M
    Nov 13, 2025 to Mar 13, 2026
  • Discretionary RAUM · $155M to $186M
    Nov 13, 2025 to Mar 13, 2026
  • HNW RAUM · $37.6M to $58.3M
    Nov 13, 2025 to Mar 13, 2026
  • Individual RAUM · $69.7M to $74.4M
    Nov 13, 2025 to Mar 13, 2026
  • Pension RAUM · $47.4M to $53.3M
    Nov 13, 2025 to Mar 13, 2026
  • RAUM · $155M to $186M
    Nov 13, 2025 to Mar 13, 2026
  • Financial planning clients · 0 to 0
    Mar 5, 2025 to Nov 13, 2025
  • Accounts · 596 to 641
    Sep 25, 2024 to Mar 5, 2025
  • HNW clients · 19 to 21
    Sep 25, 2024 to Mar 5, 2025
  • Individual clients · 182 to 336
    Sep 25, 2024 to Mar 5, 2025
  • Pension plan clients · 17 to 11
    Sep 25, 2024 to Mar 5, 2025
  • Assets in custody · $5.9M to $5.0M
    Sep 25, 2024 to Mar 5, 2025
  • Discretionary RAUM · $169M to $155M
    Sep 25, 2024 to Mar 5, 2025
  • HNW RAUM · $33.4M to $37.6M
    Sep 25, 2024 to Mar 5, 2025
  • Individual RAUM · $90.1M to $69.7M
    Sep 25, 2024 to Mar 5, 2025
  • Pension RAUM · $45.7M to $47.4M
    Sep 25, 2024 to Mar 5, 2025
  • RAUM · $169M to $155M
    Sep 25, 2024 to Mar 5, 2025
  • Wrap assets (manager) · $19.7M to $22.7M
    Sep 25, 2024 to Mar 5, 2025
Signals
1 dated events
  • H••••••••• F••••••••• I••• filed its initial SEC registration (Form ADV)
    Jul 26, 2024 · First SEC registration · 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 phone
623-583-6141reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
623-583-6152reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
800-264-0893reportedpublished by the firm, firm site, Sep 16, 2026
Website
H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
623-583-6141reportedpublic record, Form ADV, Mar 13, 2026
Contact form
hillspringfinancial.com/contact-usreportedpublished by the firm, firm site, Sep 16, 2026
Team page
hillspringfinancial.com/who-we-arereportedpublished by the firm, firm site, Sep 16, 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
$93.0Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026