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
L••••• F•••••••• A••••••• C•••••••••
Latest filing Feb 11, 2026
First filing on the tape Mar 26, 2012 · 23 filings
SEC status approved since May 5, 2003
RAUM
$318M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
100%
$318M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$159M
derived; firm RAUM over IAPD count
Employees
6
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
23 filings and snapshots on the tape
RAUM$318M as of Feb 11, 2026
Mar 26, 2012$124M then
HNW client RAUM$270M as of Feb 11, 2026
Mar 29, 2018$137M then
State-registered IARs (5.B.3)2 as of Feb 11, 2026
Mar 19, 20130 then
Employees (5.A)6 as of Feb 11, 2026
Mar 19, 20132 then
Private funds: no history
RAUM +11% over the last fiscal year+12% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Feb 11, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- 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
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $159MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 123derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.7MderivedHNW RAUM over HNW clients
- Average account
- $335,093derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 98%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 3.0derivedItem 5.A over advisors
- Advisors per office
- 2.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +11%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +8.9%derived
- Compensation
- percentage of assets, commissionsreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, otherreportedItem 5.G
- Custody
- $149M, 136 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)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$270M85%
- Individuals$47.6M15%
- Individual clients
- 146reported
- HNW clients
- 99reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 948reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- $149M for 136 clientsreported
- Compensation
- % of AUM, commissionsreported
- Class basis
- private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| T••••• L•• M•••••Certified Financial Planner | Bloomington, Mn | Dec 3, 2013 | 43 y | 0 |
| L•••• A••• B•••••••Certified Financial Planner | Bloomington, Mn | Feb 15, 2017 | 21 y | 0 |
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
Left, latest
- S•••• J•• J••••••• to N•••••••• P•••••••• L••Feb 17, 2017 · Other
Joined, latest
none on the tape
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- M•••••• T•••••• L•• · President, Chief Compliance Officercontrolsince 09/1997 · owns 50% to 75%
- B•••••••• L••••• A••• · Vice Presidentsince 01/2018 · owns 25% to 50%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Bloomington, Mn · principal | 2 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 903 to 948Apr 23, 2025 to Feb 11, 2026
- HNW clients · 82 to 99Apr 23, 2025 to Feb 11, 2026
- Individual clients · 143 to 146Apr 23, 2025 to Feb 11, 2026
- Assets in custody · $128M to $149MApr 23, 2025 to Feb 11, 2026
- Discretionary RAUM · $281M to $313MApr 23, 2025 to Feb 11, 2026
- HNW RAUM · $232M to $270MApr 23, 2025 to Feb 11, 2026
- Individual RAUM · $50.0M to $47.6MApr 23, 2025 to Feb 11, 2026
- Non-discretionary RAUM · $4.2M to $4.8MApr 23, 2025 to Feb 11, 2026
- RAUM · $286M to $318MApr 23, 2025 to Feb 11, 2026
- Financial planning clients · 0 to 0Feb 20, 2025 to Apr 23, 2025
- Accounts · 893 to 903Feb 2, 2024 to Feb 20, 2025
- Advisory activities · 2 to 3Feb 2, 2024 to Feb 20, 2025
- HNW clients · 75 to 82Feb 2, 2024 to Feb 20, 2025
- Individual clients · 146 to 143Feb 2, 2024 to Feb 20, 2025
- Assets in custody · $123M to $128MFeb 2, 2024 to Feb 20, 2025
- Discretionary RAUM · $253M to $281MFeb 2, 2024 to Feb 20, 2025
- HNW RAUM · $201M to $232MFeb 2, 2024 to Feb 20, 2025
- Individual RAUM · $52.3M to $50.0MFeb 2, 2024 to Feb 20, 2025
- Non-discretionary RAUM · $4.0M to $4.2MFeb 2, 2024 to Feb 20, 2025
- RAUM · $257M to $286MFeb 2, 2024 to Feb 20, 2025
- Accounts · 819 to 893Feb 23, 2023 to Feb 2, 2024
- Corporate clients · 0.0 to unsetFeb 23, 2023 to Feb 2, 2024
- HNW clients · 68 to 75Feb 23, 2023 to Feb 2, 2024
- Individual clients · 161 to 146Feb 23, 2023 to Feb 2, 2024
- Assets in custody · $107M to $123MFeb 23, 2023 to Feb 2, 2024
- Discretionary RAUM · $222M to $253MFeb 23, 2023 to Feb 2, 2024
- HNW RAUM · $172M to $201MFeb 23, 2023 to Feb 2, 2024
- Individual RAUM · $53.1M to $52.3MFeb 23, 2023 to Feb 2, 2024
- Non-discretionary RAUM · $3.4M to $4.0MFeb 23, 2023 to Feb 2, 2024
- RAUM · $225M to $257MFeb 23, 2023 to Feb 2, 2024
- Accounts · 804 to 819Mar 11, 2022 to Feb 23, 2023
- HNW clients · 79 to 68Mar 11, 2022 to Feb 23, 2023
- Individual clients · 150 to 161Mar 11, 2022 to Feb 23, 2023
- Assets in custody · $127M to $107MMar 11, 2022 to Feb 23, 2023
- Employees · 5 to 6Mar 11, 2022 to Feb 23, 2023
- Discretionary RAUM · $256M to $222MMar 11, 2022 to Feb 23, 2023
- HNW RAUM · $210M to $172MMar 11, 2022 to Feb 23, 2023
- Individual RAUM · $50.6M to $53.1MMar 11, 2022 to Feb 23, 2023
- Non-discretionary RAUM · $4.2M to $3.4MMar 11, 2022 to Feb 23, 2023
- RAUM · $260M to $225MMar 11, 2022 to Feb 23, 2023
Signals
No event on the tape.
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
- Firm profile
- LINKEDIN.COM/COMPANY/L•••••-FINANCIAL-ADVISORS-CORP.reportedpublic record, Form ADV, Sep 18, 2026
- Website
- l••••.comreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 952-893-5555reportedpublic record, Form ADV, Feb 11, 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
- $159Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026