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

I••••••••• W••••• A•••••••• L••

Former SEC-registered adviserSan Antonio, TexasCRD 114787SEC 801-66430IAPD
Latest filing Aug 2, 2023
First filing on the tape Mar 30, 2012 · 33 filings
RAUM
$1.5B
reported, Item 5.F
Discretionary
94%
of RAUM
Private clients
42%
$650M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
23
23 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
33 filings and snapshots on the tape
RAUM$1.5B as of Mar 20, 2023
Mar 30, 2012$348M then
HNW client RAUM$549M as of Mar 20, 2023
Mar 30, 2018$342M then
State-registered IARs (5.B.3)16 as of Mar 20, 2023
Mar 30, 20120 then
Employees (5.A)23 as of Mar 20, 2023
Apr 1, 201312 then
Private funds: no history
RAUM -12% over the last fiscal year+15% a year over threeIARs 17 to 16
Practice profile
derived from the filing of Aug 2, 2023; every figure names its basis
RAUM per advisor
$96.1MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
33derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.6MderivedHNW RAUM over HNW clients
Average account
$915,805derivedRAUM over accounts (5.F.2.f)
Discretionary
94%derivedof RAUM
Institutional
2.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.4derivedItem 5.A over advisors
Advisors per office
8.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
-12%derivedbetween the last two annual amendments
Advisor growth, one year
-5.9%derivedItem 5.B.3 between annual amendments
Client growth, one year
+11%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 5.G
Custody
$594M, 483 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
  • 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)
  • a related person has custody of client cash (9.B.1.a)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Corporations and businesses$849M55%
  • High-net-worth individuals$549M36%
  • Individuals$101M6.6%
  • Charitable organizations$38.4M2.5%
Individual clients
410reported
HNW clients
119reported
Pension plan clients
0reported
Charitable clients
n/areported
Accounts
1,679reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
$594M for 483 clientsreported
Compensation
% of AUM, fixedreported
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
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
    • A••••• S••••• W•••••• · Seinor Vicepresident Andgeneral Counselcontrol
      since 07/2023 · owns less than 5%
    • G•••••• L••••••• L••••••• C•••• · Evp, Chiefoperating Officercontrol
      since 07/2023 · owns less than 5%
    • M•••• A••• · Chief Financialofficercontrol
      since 07/2023 · owns less than 5%
    • N•••••••• L••••• T•••••• · Vp, Chief Compliance Officercontrol
      since 07/2023 · owns less than 5%
    • R•••• J••••• E•••••• · Executive Vicepresidentcontrol
      since 07/2023 · owns less than 5%
    Entity owners
    • C•••••• P•••••• W••••• L•• · Owner
      direct · owns 75% or more
    • C• F•••••••• C•••• · Owner
      indirect · owns 75% or more of C•••••• H••••••• I•• · public reporting company
    • C•••••• H••••••• I•• · Owner
      indirect · owns F of C•••••• P••••••• L••
    • C•••••• P••••••• L•• · Owner
      indirect · owns F of C•••••• P•••••• W••••• L••
    Related persons
    Schedule D 7.A
    • C••••••
      investment adviseryRAUM $165B
    • I••••••••• A••••• L••
      real estaten
    Offices
    Schedule D 1.F, the 25 largest
    • Fort Lauderdale, FL1 employees
    What changed
    consecutive filings, newest first
    • Related adviser · false to true
      Mar 20, 2023 to Jul 6, 2023
    • Accounts · 1,574 to 1,679
      Mar 31, 2022 to Mar 20, 2023
    • Advisory employees · 25 to 23
      Mar 31, 2022 to Mar 20, 2023
    • Corporate clients · 209 to 204
      Mar 31, 2022 to Mar 20, 2023
    • HNW clients · 117 to 119
      Mar 31, 2022 to Mar 20, 2023
    • Individual clients · 358 to 410
      Mar 31, 2022 to Mar 20, 2023
    • Assets in custody · $663M to $594M
      Mar 31, 2022 to Mar 20, 2023
    • Employees · 27 to 23
      Mar 31, 2022 to Mar 20, 2023
    • State-registered IARs · 17 to 16
      Mar 31, 2022 to Mar 20, 2023
    • Discretionary RAUM · $1.6B to $1.4B
      Mar 31, 2022 to Mar 20, 2023
    • HNW RAUM · $503M to $549M
      Mar 31, 2022 to Mar 20, 2023
    • Individual RAUM · $95.1M to $101M
      Mar 31, 2022 to Mar 20, 2023
    • Non-discretionary RAUM · $126M to $92.5M
      Mar 31, 2022 to Mar 20, 2023
    • RAUM · $1.8B to $1.5B
      Mar 31, 2022 to Mar 20, 2023
    • Related adviser · true to false
      Mar 31, 2022 to Mar 20, 2023
    • Accounts · 1,350 to 1,574
      Nov 29, 2021 to Mar 31, 2022
    • BD registered reps · 17 to 0
      Nov 29, 2021 to Mar 31, 2022
    • Charity clients · 21.0 to unset
      Nov 29, 2021 to Mar 31, 2022
    • Corporate clients · 303 to 209
      Nov 29, 2021 to Mar 31, 2022
    • HNW clients · 240 to 117
      Nov 29, 2021 to Mar 31, 2022
    • Individual clients · 786 to 358
      Nov 29, 2021 to Mar 31, 2022
    • Assets in custody · $590M to $663M
      Nov 29, 2021 to Mar 31, 2022
    • Employees · 25 to 27
      Nov 29, 2021 to Mar 31, 2022
    • State-registered IARs · 13 to 17
      Nov 29, 2021 to Mar 31, 2022
    • Discretionary RAUM · $1.4B to $1.6B
      Nov 29, 2021 to Mar 31, 2022
    • HNW RAUM · $385M to $503M
      Nov 29, 2021 to Mar 31, 2022
    • Individual RAUM · $253M to $95.1M
      Nov 29, 2021 to Mar 31, 2022
    • Non-discretionary RAUM · $0 to $126M
      Nov 29, 2021 to Mar 31, 2022
    • RAUM · $1.4B to $1.8B
      Nov 29, 2021 to Mar 31, 2022
    • Related broker-dealer · true to false
      Nov 29, 2021 to Mar 31, 2022
    • Wrap assets (manager) · 0.0 to unset
      Nov 29, 2021 to Mar 31, 2022
    • Wrap assets (sponsor) · 0.0 to unset
      Nov 29, 2021 to Mar 31, 2022
    • Accounts · 1,034 to 1,350
      Jan 13, 2021 to Mar 31, 2021
    • Advisory employees · 28 to 25
      Jan 13, 2021 to Mar 31, 2021
    • BD registered reps · 18 to 17
      Jan 13, 2021 to Mar 31, 2021
    • Charity clients · 30 to 21
      Jan 13, 2021 to Mar 31, 2021
    • Corporate clients · 257 to 303
      Jan 13, 2021 to Mar 31, 2021
    • HNW clients · 128 to 240
      Jan 13, 2021 to Mar 31, 2021
    • Individual clients · 619 to 786
      Jan 13, 2021 to Mar 31, 2021
    • Assets in custody · $1.0B to $590M
      Jan 13, 2021 to Mar 31, 2021
    Signals
    29 dated events
    • N••••• H•••••••• R••••• left I••••••••• W••••• A•••••••• L•• for C•••••• (registered 2023-08-01)
      Aug 2, 2023 · Advisor changed firm · fact
    • S••••• L• H••••• left I••••••••• W••••• A•••••••• L•• for C•••••• (registered 2023-08-01)
      Aug 2, 2023 · Advisor changed firm · fact
    • A•••••• L••••• left I••••••••• W••••• A•••••••• L•• for C•••••• (registered 2023-08-01)
      Aug 2, 2023 · Advisor changed firm · fact
    • J•••• O••••• O••••• left I••••••••• W••••• A•••••••• L•• for C•••••• (registered 2023-08-01)
      Aug 2, 2023 · Advisor changed firm · fact
    • K•••••• M•••• K••••••• left I••••••••• W••••• A•••••••• L•• for C•••••• (registered 2023-08-01)
      Aug 2, 2023 · Advisor changed firm · fact
    • A••••• D••••• left I••••••••• W••••• A•••••••• L•• for C•••••• (registered 2023-08-01)
      Aug 2, 2023 · Advisor changed firm · fact
    • C•••••• D•• L••• left I••••••••• W••••• A•••••••• L•• for C•••••• (registered 2023-08-01)
      Aug 2, 2023 · Advisor changed firm · fact
    • F••••••• N••••• left I••••••••• W••••• A•••••••• L•• for C•••••• (registered 2023-08-01)
      Aug 2, 2023 · Advisor changed firm · fact
    • J••• L•• K•••• left I••••••••• W••••• A•••••••• L•• for C•••••• (registered 2023-08-01)
      Aug 2, 2023 · Advisor changed firm · fact
    • J••• M•••••• H••••••• left I••••••••• W••••• A•••••••• L•• for C•••••• (registered 2023-08-01)
      Aug 2, 2023 · Advisor changed firm · fact
    • I•••••• K••••••• left I••••••••• W••••• A•••••••• L•• for C•••••• (registered 2023-08-01)
      Aug 2, 2023 · Advisor changed firm · fact
    • H••••• H•••• L••• left I••••••••• W••••• A•••••••• L•• for C•••••• (registered 2023-08-01)
      Aug 2, 2023 · Advisor changed firm · fact
    • P•••• S•••••••• left I••••••••• W••••• A•••••••• L•• for C•••••• (registered 2023-08-01)
      Aug 2, 2023 · Advisor changed firm · fact
    • I••••••••• W••••• A•••••••• L••'s advisors moved to C•••••• (San Antonio, TX): 13 of 13 registered, on the same day
      Aug 2, 2023 · Firm absorbed (people side) · derived
    • Leo John Kauth (Ceo) no longer on Schedule A of I••••••••• W••••• A•••••••• L•• (listed 2023-07-06, absent 2023-07-31)
      Jul 31, 2023 · Control person left · inference
    • I•••••• K••••••• (Chairman Of The Board) no longer on Schedule A of I••••••••• W••••• A•••••••• L•• (listed 2023-07-06, absent 2023-07-31)
      Jul 31, 2023 · Control person left · inference
    • Day Charles Lutz (President) no longer on Schedule A of I••••••••• W••••• A•••••••• L•• (listed 2023-07-06, absent 2023-07-31)
      Jul 31, 2023 · Control person left · inference
    • A•••••• L••••• (Executive Vice President) no longer on Schedule A of I••••••••• W••••• A•••••••• L•• (listed 2023-07-06, absent 2023-07-31)
      Jul 31, 2023 · Control person left · inference
    • Marck Kenneth Korngold (Vice President) no longer on Schedule A of I••••••••• W••••• A•••••••• L•• (listed 2023-07-06, absent 2023-07-31)
      Jul 31, 2023 · Control person left · inference
    • Marissa Oyervides (Chief Compliance Officer, Vice President Of Operations) no longer on Schedule A of I••••••••• W••••• A•••••••• L•• (listed 2023-07-06, absent 2023-07-31)
      Jul 31, 2023 · Control person left · inference
    • Emerson Jaime Ross (Executive Vicepresident) appeared on Schedule A of I••••••••• W••••• A•••••••• L••
      Jul 31, 2023 · Control person joined · fact
    • William Scott Akins (Seinor Vicepresident Andgeneral Counsel) appeared on Schedule A of I••••••••• W••••• A•••••••• L••
      Jul 31, 2023 · Control person joined · fact
    • Amit Muni (Chief Financialofficer) appeared on Schedule A of I••••••••• W••••• A•••••••• L••
      Jul 31, 2023 · Control person joined · fact
    • L••••••• C•••• L•••••• G••••• (Evp, Chiefoperating Officer) appeared on Schedule A of I••••••••• W••••• A•••••••• L••
      Jul 31, 2023 · Control person joined · fact
    • Triston Larry Nakamura (Vp, Chief Compliance Officer) appeared on Schedule A of I••••••••• W••••• A•••••••• L••
      Jul 31, 2023 · Control person joined · fact
    • I••••••••• W••••• A•••••••• L•• reported RAUM $1.8B, up 28% from $1.4B (2021-11-29 to 2022-03-31)
      Mar 31, 2022 · RAUM change · derived
    • Lee David Hunt (Chief Compliance Officer) no longer on Schedule A of I••••••••• W••••• A•••••••• L•• (listed 2021-07-30, absent 2021-11-29)
      Nov 29, 2021 · Control person left · inference
    • Lee David Hunt (Chief Compliance Officer) appeared on Schedule A of I••••••••• W••••• A•••••••• L••
      May 25, 2021 · Control person joined · fact
    • I••••••••• W••••• A•••••••• L•• reported RAUM $1.4B, up 35% from $1.0B (2021-01-13 to 2021-03-31)
      Mar 31, 2021 · RAUM change · derived
    Across DFX
    shared identifiers only, never a name match
    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