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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Former SEC-registered adviser

R•••••••• A••••••• S•••••••• L•••

Former SEC-registered adviserFort Worth, TexasCRD 114533SEC 801-113369IAPD
Latest filing Mar 23, 2021
First filing on the tape May 3, 2018 · 8 filings
RAUM
$187M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$187M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
5
5 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
8 filings and snapshots on the tape
RAUM$187M as of Mar 23, 2021
Mar 30, 2019$157M then
HNW client RAUM$109M as of Mar 23, 2021
Mar 30, 2019$51.2M then
State-registered IARs (5.B.3)5 as of Mar 23, 2021
Mar 30, 20196 then
Employees (5.A)5 as of Mar 23, 2021
Mar 30, 201911 then
Private funds: no history
RAUM +12% over the last fiscal yearIARs 5 to 5
Practice profile
derived from the filing of Mar 23, 2021; every figure names its basis
RAUM per advisor
$37.3MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
73derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.3MderivedHNW RAUM over HNW clients
Average account
$514,153derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
2.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+12%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-1.4%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
Wrap fee program
$187MreportedItem 5.I
Custody
$384,535, 2 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$109M58%
  • Individuals$78.0M42%
Individual clients
277reported
HNW clients
86reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
363reported
Financial planning clients
n/areported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
$384,535 for 2 clientsreported
Compensation
% of AUMreported
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
  • R••••••••• W••••••• B••• · Limited Partner, Chief Compliance Officercontrol
    since 01/2005 · owns less than 5%
  • R••••••••• W••••••• B••• · Ownercontrol
    since 01/2005 · owns 75% or more of R•••••••• M••••••••• S•••••••• L••
Entity owners
  • R•••••••• M••••••••• S•••••••• L•• · General Partner
    direct · owns less than 5%
  • T•• W•••••• B••• R•••••••• L••••• T•••• U•••• D••••••• 3• 2••• ••••••• B••• R••••••••• T••••••• · Owner
    direct · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Offices
Schedule D 1.F, the 25 largest
  • Dallas, TX3 employees
What changed
consecutive filings, newest first
  • Accounts · 368 to 363
    Sep 16, 2020 to Mar 23, 2021
  • Advisory activities · 3 to 2
    Sep 16, 2020 to Mar 23, 2021
  • HNW clients · 93 to 86
    Sep 16, 2020 to Mar 23, 2021
  • Individual clients · 275 to 277
    Sep 16, 2020 to Mar 23, 2021
  • Assets in custody · $419,251 to $384,535
    Sep 16, 2020 to Mar 23, 2021
  • Financial planning clients · 0 to unset
    Sep 16, 2020 to Mar 23, 2021
  • Discretionary RAUM · $166M to $187M
    Sep 16, 2020 to Mar 23, 2021
  • HNW RAUM · $96.0M to $109M
    Sep 16, 2020 to Mar 23, 2021
  • Individual RAUM · $70.4M to $78.0M
    Sep 16, 2020 to Mar 23, 2021
  • RAUM · $166M to $187M
    Sep 16, 2020 to Mar 23, 2021
  • Accounts · 460 to 368
    Mar 30, 2019 to Mar 19, 2020
  • Advisory employees · 6 to 5
    Mar 30, 2019 to Mar 19, 2020
  • Advisory activities · 4 to 3
    Mar 30, 2019 to Mar 19, 2020
  • BD registered reps · 6 to 5
    Mar 30, 2019 to Mar 19, 2020
  • HNW clients · 36 to 93
    Mar 30, 2019 to Mar 19, 2020
  • Individual clients · 292 to 275
    Mar 30, 2019 to Mar 19, 2020
  • Assets in custody · unset to 419251.0
    Mar 30, 2019 to Mar 19, 2020
  • Custody of client assets · false to true
    Mar 30, 2019 to Mar 19, 2020
  • Employees · 11 to 5
    Mar 30, 2019 to Mar 19, 2020
  • State-registered IARs · 6 to 5
    Mar 30, 2019 to Mar 19, 2020
  • Other offices · 2 to 1
    Mar 30, 2019 to Mar 19, 2020
  • Discretionary RAUM · $157M to $166M
    Mar 30, 2019 to Mar 19, 2020
  • HNW RAUM · $51.2M to $96.0M
    Mar 30, 2019 to Mar 19, 2020
  • Individual RAUM · $105M to $70.4M
    Mar 30, 2019 to Mar 19, 2020
  • RAUM · $157M to $166M
    Mar 30, 2019 to Mar 19, 2020
  • Accounts · 400 to 460
    May 3, 2018 to Mar 30, 2019
  • Advisory activities · 3 to 4
    May 3, 2018 to Mar 30, 2019
  • HNW clients · 29 to 36
    May 3, 2018 to Mar 30, 2019
  • Individual clients · 262 to 292
    May 3, 2018 to Mar 30, 2019
  • Employees · 6 to 11
    May 3, 2018 to Mar 30, 2019
  • Insurance-licensed employees · 6 to 0
    May 3, 2018 to Mar 30, 2019
  • Financial planning clients · unset to 0
    May 3, 2018 to Mar 30, 2019
  • Discretionary RAUM · $141M to $157M
    May 3, 2018 to Mar 30, 2019
  • HNW RAUM · $46.1M to $51.2M
    May 3, 2018 to Mar 30, 2019
  • Individual RAUM · $95.1M to $105M
    May 3, 2018 to Mar 30, 2019
  • RAUM · $141M to $157M
    May 3, 2018 to Mar 30, 2019
Signals
7 dated events
  • W•••••• B••• R•••••••• left R•••••••• A••••••• S•••••••• L••• for N••••••• P••••••• C••••••••• •••• O• A••••••• I• F• • N•• (registered 2007-12-10)
    Feb 16, 2022 · Advisor changed firm · fact
  • A•• L••• H•••••• left R•••••••• A••••••• S•••••••• L••• for L•• F•••••••• L•• (registered 2017-11-29)
    Feb 16, 2022 · Advisor changed firm · fact
  • C••• B•••• B••••• left R•••••••• A••••••• S•••••••• L••• for B••••• P••••• A•••••••• L•• (registered 2021-10-11)
    Feb 16, 2022 · Advisor changed firm · fact
  • S•••••• B•••• L••••••• left R•••••••• A••••••• S•••••••• L••• for L•• F•••••••• L•• (registered 2017-11-29)
    Feb 16, 2022 · Advisor changed firm · fact
  • 2 advisors left R•••••••• A••••••• S•••••••• L••• (Fort Worth, TX) for L•• F•••••••• L•• on the same day
    Feb 16, 2022 · Team lift-out · derived
  • A••••• R•••• R•••••••• left R•••••••• A••••••• S•••••••• L••• for L•• F•••••••• L•• (registered 2017-11-29)
    Feb 16, 2022 · Advisor changed firm · fact
  • R•••••••• A••••••• S•••••••• L••• filed its initial SEC registration (Form ADV)
    May 3, 2018 · 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.
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